SINGAPORE, June 1, 2022 /PRNewswire/ -- "...The Algorand Foundation, whose mission is to grow the ecosystem of the carbon-negative Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, and MakerX, a firm that specializes in web3 & digital product development, today announced the general availability of a first-of-its-kind automated platform that will enable Terra users to move their projects to Algorand. The Algorand Foundation also announced that it is committing 1 million ALGO to a fund that will start with enabling Terra users to make the migration..."
"We're all working for the same dream of an inclusive, decentralized, and borderless global economy. And when you see people who are chasing that dream get hit hard the way they did, you can't just sit around," said Algorand Foundation CEO Staci Warden. "When people from the Terra/Luna community started reaching out to us, we immediately got busy (very!) getting this support up and running."
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