The NFT marketplace has always been a big part of the crypto industry’s success . And now there’s some exciting news to share . On November 14 the Terra Classic network introduced a brand new marketplace called MIATA . But that’s not all another cool project LUNC Penguins NFT collections was also launched on MIATA . It seems like Terra Classic is pulling out all the stops to find new ways to burn through the LUNC supply . So the big question is will this new Terra Classic NFT marketplace pump up the price of LUNC tokens? Let’s dive in and find out .
MIATA Fresh NFT Marketplace on Terra Classic
Just a few days ago on November 14 Terra Classic unveiled their latest creation the MIATA NFT marketplace . To give us all the juicy details the LUNC DAO (Decentralized Autonomous Organization) organized an “ask me anything session” where they discussed everything about the launch . It’s clear that the team behind Terra Classic is eager to provide more avenues for burning LUNC tokens.
And that’s not all . The launch of MIATA is just the beginning . Soon there will be 2,000 MetaGloria digital collectibles available for users to buy and sell on the platform . Exciting stuff .
MetaGloria A Play to Earn Game Coming to Terra Classic
What’s even more thrilling is that the Terra Classic network has a play to earn (P2E) game in the pipeline called MetaGloria . This game set to launch early next year is led by a team of talented Ukrainian developers and crypto game enthusiasts . Their mission? To reduce the supply of LUNC tokens and introduce as many gamers as possible to the world of cryptocurrencies.
To add to the excitement MetaGloria will offer two collections of around 3,000 NFTs each with over 100 unique traits to cater to different digital art enthusiasts . Once the game goes live users will have the opportunity to burn their LUNC tokens by swapping them for the in game asset the GLS token . It’s a win win situation .
LUNC Penguins Burn A Milestone in Terra’s Token Burning Efforts
In addition to the MetaGloria NFT project there’s another gem on the MIATA platform LUNC Penguins NFT collections . These adorable penguins are making waves in the LUNC community . According to the LUNC validator who tweets under the handle @HappyCattyCrypto the minting price for each of the 1,000 unique LUNC Penguins is 200,000 LUNC tokens . The community couldn’t be more thrilled about this latest NFT project as it represents another significant step in Terra Classic’s quest to find innovative ways to burn LUNC tokens.
Conclusion
In conclusion the launch of the MIATA NFT marketplace and the introduction of the LUNC Penguins NFT collections bring excitement to the Terra Classic network and the LUNC community . Although we’re yet to witness a significant price movement the increased utility and exposure provided by the MIATA marketplace could potentially have a positive impact on the future price of LUNC tokens . As always it’s essential to do your own research and make informed decisions when participating in the crypto market.
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