Following the Terra ecosystem crash, Derby Stars, a Triple-A blockchain-based P2E horse racing game, is migrating to the Polygon network.
According to a team statement, the decision to switch to the Polygon network came after weeks of deliberation, with the blockchain network’s fast, affordable, and efficient GameFi environment winning over the community.
Following the $60 billion Terra incident, Derby Stars, one of the most well-known game projects scheduled to debut on Terra, received offers from more than ten blockchain foundations to switch, with Polygon proving to be the most promising.
The P2E game will collaborate with Polygon Studios to oversee the move and communicate with the community in order to increase adoption rates.
Speaking to on the planned migration to Polygon network, Ryan Wyatt, CEO of Polygon Studios, said:
“Polygon continues to be a leader in Gaming in web3. Derby Star’s migration illustrates our commitment to helping the Terra community and furthers our mission to build a world class gaming ecosystem.”
Wyatt believes that Polygon’s scalable network and highly-engaged gaming community which presently has 869k weekly active wallets will be a viable alternative to Derby Stars. Despite this, Derby Stars’ decision was influenced by the chain’s stability, as Polygon has been running smoothly for many years.
About Derby Stars
Derby Stars is a horse-racing metaverse game in which players can breed, nurture, create, and sell horse assets in order to win more races. The game is being developed by a team of industry veterans with the purpose of providing a high-quality player experience never previously seen in an NFT game.
The game’s high-quality graphics, recently published promotional video and much-anticipated whitepaper publication have all contributed to the game’s global appeal since its beta launch.
We are very grateful for the partnership with Polygon, Sean Hahm, Lead Producer of Derby Stars said. “We hope that together we will find answers to some of the major challenges that the GameFi industry faces today, such as high transaction fees, limited NFT functionalities, and more importantly, the need for improvement in game quality and user experience.”
The team will coordinate and conclude the migration to Polygon in the following days, according to the announcement. Soon after the migration, Derby Stars will launch the Alpha game, which will provide utility to its NFTs, as well as the token creation event that will power the virtual economy.
Finally, the collaboration with Polygon Studios will support the game by providing technical, PR, and marketing support. The game will also participate in the larger blockchain ecosystem, collaborating with other projects to help it reach out to new audiences.
