Connect with us

GameFi

GameFi Surge on Luna Classic

Published

on

Spread the love

GameFi, the amalgamation of gaming and decentralized finance (DeFi), is witnessing substantial growth on the Terra Luna Classic (LUNC) blockchain. This surge is attributed to the launch of new projects on the network, contributing to its increased adoption and revival. 

One such project is MetaRivals, a play-to-earn (P2E), Player versus Player (PvP) game that lets players engage in battles in the metaverse using their preferred cryptocurrency avatars. The game’s launch on the Luna Classic blockchain aligns with the network’s ongoing trend of attracting new projects and coincides with the team’s plan to also introduce the game on the Ethereum network.

Powering MetaRivals is the Maria platform, a web3 gaming solution that supports millions of users. The decision to launch MetaRivals on Luna Classic reflects the network’s current trend of revitalization.

Another significant development on the Luna Classic network is the debut of TerraPoker, approved following a community vote passing a crucial parameter change proposal that increased the MaxContractSize. This change allowed TerraPoker to upload its contract onto the chain and paved the way for other projects to build on Luna Classic.

The launch of TerraPoker adds to the LUNC burn campaign, an initiative to increase the token’s value by reducing its supply. TerraPoker pledged to burn 10% of the rake fees collected, bolstering the LUNC burn initiative. Other projects like Cremation Coin, GenesisX50, and LUNC DAO have also made significant contributions to the LUNC burn campaign.

In essence, the Luna Classic blockchain’s revival is being fuelled by the influx of GameFi projects like MetaRivals and TerraPoker, driving wider adoption of LUNC and contributing to its burn campaign. Although the future of Luna Classic is yet to be determined, these developments suggest a promising path ahead.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Bitcoin

Interview with Valeriia Trubnikova from GO GREEN

Published

on

By

Spread the love
Continue Reading
Bitcoin1 month ago

Bitcoin exchange-traded products begin trading on the London Stock Exchange

Bitcoin6 months ago

Interview with Valeriia Trubnikova from GO GREEN

Bitcoin6 months ago

Interview with Mehmet Deniz Percin from Areon Network

Bitcoin6 months ago

Exploring the Future of Crypto with Mohamed Azzi from Sastanaqqam

Bitcoin6 months ago

Interview with Bill Wang from Bitunix

Bitcoin6 months ago

Zex PR Wire: Revolutionizing Media Announcements

Bitcoin6 months ago

Exploring the Future of Crypto, NFTs and Metaverse with Vibhor Khandelwal of Expand My Business

Bitcoin6 months ago

Sunmoney Solar Group Embraces the Future with Blockchain and AI at Dubai Event

Bitcoin6 months ago

MetaYobi: Pioneering the Next Era of Blockchain and NFTs

Bitcoin6 months ago

Foxify’s Evolution: A Deep Dive into Their Cryptocurrency Initiatives

Bitcoin6 months ago

A Deep Dive into Achainable’s Vision and Expertise | Insights from Dubai’s Tech Event

Bitcoin6 months ago

Blockchain Economy Summit Dubai, CoinReporter interview with CoinsDO

Bitcoin6 months ago

Interview with BRN Metaverse CTO Seyran Gorur

Bitcoin6 months ago

The Future of Crypto-Art: Sastanaqqam’s Journey. Interview with Mohamed Azzi

Bitcoin6 months ago

Exploring MetaYobi: Blockchain Solutions and Ambitious Plans. Interview with Mohammed Yousuf

Bitcoin6 months ago

Bitcoin’s Risk-Reward Ratio -Very high quality interview from Kitco News with Fred Krueger

Bitcoin12 months ago

Bitcoin’s Rhythmic Movements: Deciphering the Leading Digital Currency in the Midst of Economic Shifts

Crypto12 months ago

Shifting Tides: India’s Journey Towards Universal Digital Currency Regulatory Measures

Featured1 year ago

Panerai’s Digital Transformation: The Advent of the NFT Digital ID

Crypto1 year ago

Crypto and the SEC: Navigating New Waters

DeFi1 year ago

Polygon Labs asks senators to consider apple orchard as they tax crypto

DeFi1 year ago

Coinbase Cloud integrates Kiln platform for native ETH staking below 32 ETH

DeFi1 year ago

Squid unveils direct swaps across Cosmos and EVM blockchains

DeFi1 year ago

DeFi Value Locked Reaches $42 Billion – A Comprehensive Analysis of the Latest Trends in Decentralized Finance

Featured1 year ago

A Conversation with BRN Metaverse: An Insight into Their Ecosystem, NFTs, and AI Integration

Advertisement

Trending