We are sorry to hear about the hardships that LUNAtics are going through. ❤
If you're an NFT creator you're probably wondering whether you should move your NFTs from Terra Classic somewhere else. And you're probably wondering how you'd do that (and also to find out whether that's the right decision for you).
If you're an NFT owner you're probably wondering what will happen to your NFT(s).
We're here to help you to move to the Algorand network if that's the direction your NFT project has taken.
The Algorand network is a great choice for NFT projects. A few of the many reasons include:
Algorand was built as agreen blockchainwith an environmental impact focus from the very beginning, and is Carbon Negative by more than offsetting the energy that is used.
Algorand Standard Assets are afirst-class layer 1 mechanism;you can create NFTs with a simple transaction without writing a smart contract and you can also extend their functionality using smart contracts.
Low network fees
The minimum fee for a transaction is only 1,000 microAlgos or .001 Algos (and for Terra migrations, fees will be covered by the Algorand Foundation).
Fast and scalable
Algorand has1,200 tps and instant finality- every 4.5 seconds a new block is committed and all transactions are guaranteed to be final.
Sign up for migration
We want to make sure the experience we built is easy, secure and seamless and we want to do that by working closely with projects and listening to their feedback as we directly support their migration with expert advice.
We're here to help you
Our goal is to help LUNAtics in their time of need by making it really easy, secure and seamless to migrate their NFT projects to Algorand:
- We will help you with the conversion process (we have already built anautomated converterand can help you run it)
- You don't need to buy Algos - theAlgorand Foundationare covering the transaction fees so it's fee-free for you and your holders
- We have an exclusive Discord with key members of the Algorand NFT community to help support you in the migration and onboarding to Algorand
- We have built a converter dApp for Terra Classic NFT holders so they can easily migrate their NFT holdings (that have been migrated) across 1:1
- We have curated educational content to help you and your community learn about NFTs on Algorand so you can get up to speed quickly
NEEDS NO INTRODUCTION...
From abjectly hopeless to positively excited in less than a week. We have been blown away by the#Algofam community, and we are excited to start our new journey on Algorand!
- Lil'Auk & The Olifants
Founders of Poppin Puffins
NFTs on Algorand
Algorand is already home to many great NFT projects, all with active NFT-collecting communities. Some examples include: