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Yes, the migration has failed.
This error means you have insufficient Ethers to deploy your contract, you should therefore redeploy with the correct amount of ETH.
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What you're looking for is the factory contract storage pattern, and not a "recursive" smart contract. Recursion doesn't quite make sense here.
The idea is that you have a contract that can deploy contracts. Below is an example of a CampaignFactory contract that deploys Campaign contracts. What you'd want to do then is add a linked list feature to ...
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