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Iconic Symbol of Egyptian History: The Funerary Mask of Tutankhamun Makes its NFT Debut on ElmonX



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June 15, 2023, London, United Kingdom – Art and technology enthusiasts, prepare for a captivating journey into the heart of ancient Egypt as ElmonX debuts its highly anticipated Non-Fungible Token (NFT) collection: “ElmonX: The Funerary Mask of Tutankhamun (c. 1370–1352 BC), New Kingdom, c. 1336–1327 BC.” This collection, available exclusively to a whitelist of participants, brings the legendary pharaoh Tutankhamun’s world to life, immersing viewers in a wave of awe and excitement​.

The Funerary Mask of Tutankhamun, an artefact epitomizing the grandeur of ancient Egypt, is the centrepiece of this collection. Crafted during the New Kingdom era, between 1370 and 1352 BC, the mask graced the face of Tutankhamun in his eternal rest. Made from pure gold and adorned with semi-precious stones such as lapis lazuli, quartz, and obsidian, the mask is a testament to the exquisite craftsmanship of that period​.

Owners of the ElmonX Funerary Mask of Tutankhamun NFT will be privy to a unique ownership privilege: exclusive access to future ElmonX releases of at least one Egyptian Artifact and other secret surprises, offering an unparalleled opportunity to delve deeper into the world of ElmonX’s Egyptian artefacts​.

To secure a spot on the whitelist and partake in this extraordinary NFT collection, potential collectors are encouraged to engage with the ElmonX community and its various social media platforms. Constructive feedback, content creation, and promotion of ElmonX are all welcomed and can enhance one’s chances of being whitelisted. However, it’s important to note that the selection process is not strictly limited to these points​.

ElmonX’s platform leverages decentralized and immutable blockchain systems to ensure transparent tracking of product origins and traceability across the entire supply chain. Its integration with a highly secure distributed database of digital assets enhances the security and reliability of transactions. Collectors can utilize augmented reality to engage with the NFTs, adjusting the scale of the assets to perfectly suit their environments​​.

The ElmonX mobile apps, now in beta, offer collectors the chance to reserve their usernames and join the waitlist. With a focus on licensed products, ElmonX seeks to revolutionize the NFT collecting experience, particularly in the realm of art, through various offerings such as digital products, animation, and immersive experiences​.

ElmonX has partnered with Bridgeman Images to bring “The Funerary Mask of Tutankhamun” to the NFT world. Bridgeman Images, a leading specialist in the distribution of art, cultural, and historical images, has provided an ultra-high-resolution image of the mask with detailing unseen to the naked eye, offering an unprecedented view of this iconic artefact.

Embrace this golden opportunity to own a piece of Egyptian history in digital form and join the ElmonX community today. Please note that the exact details of the partnership with Bridgeman Images could not be fully confirmed at the time of writing, and I recommend interested readers verify this information through official ElmonX channels.

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. and 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.


Terra Classic’s Comeback: Community Efforts Drive LUNC and USTC Surge



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The Terra Classic community has recently made headlines with their extraordinary efforts to rejuvenate the values of LUNC (Luna Classic) and USTC (TerraClassicUSD), leading to a significant bullish trend in the market. This surge, primarily driven by dedicated community initiatives, marks a remarkable turnaround for these digital assets, particularly after a period of severe downturns.

The resurgence began over the weekend when members of the Terra Classic community saw the fruits of their labour materialize. Both LUNC and USTC, once plagued by instability, witnessed remarkable gains in their prices, overshadowing many major cryptocurrencies in growth. Notably, the stablecoin USTC emerged as a frontrunner, experiencing an explosive increase starting Sunday afternoon. According to data from CoinMarketCap, USTC’s value soared by over 150%, a bullish run that persisted into the new week. At the time of reporting, USTC was trading at approximately $0.03839.

This impressive rise in value was accompanied by a staggering increase in trading volume for USTC. Within the last 24 hours alone, USTC’s trading volume surged by 1999.65%, amounting to over $564 million. Remarkably, this volume exceeded the token’s market capitalization of around $344 million. Such a significant spike in trading activity underscores the growing investor interest and confidence in USTC’s prospects.

Parallel to USTC’s success, LUNC also experienced substantial growth. Over the last 24 hours, LUNC’s price increased by 25.4%, and its trading volume reached over $421 million. Although there was a slight slowdown, the token added a 3.32% gain in the past hour, signifying continued investor engagement and optimism.

The root of this impressive surge can be traced back to the Terra Classic community’s unwavering efforts to revive the tokens following their dramatic collapse over a year ago. This community-driven revival effort was highlighted by a recent announcement from a prominent Terra Classic community member, revealing that over 78.58 billion LUNC tokens have been burned to date. Token burning is a strategy often employed to reduce supply and increase scarcity, thereby potentially boosting the token’s value.

In a strategic move to stabilize USTC and bolster its adoption, the community recently voted to pause the minting or re-minting of USTC. This decision aligns with the broader objective to re-peg the token to the US dollar. Historically, USTC was designed to maintain parity with the USD on a 1-1 ratio through an algorithmic model. However, last year, this model suffered a significant exploit, leading to a catastrophic depegging from the USD and contributing to a prolonged and harsh crypto winter, with over $44 billion wiped out in the process.

To facilitate the re-pegging process, the Terra Classic community also voted to hire Algo Quant, an algorithmic trading firm, to oversee this critical task. Additionally, the community is considering a proposal to burn USTC tokens, further supporting the re-pegging effort.

This turn of events for LUNC and USTC is not just a testament to the resilience of the Terra Classic community but also highlights the unique dynamics of the cryptocurrency market. It demonstrates how community-driven initiatives can significantly influence the valuation and perception of digital assets. Moreover, it underscores the importance of strategic decision-making and collective action in navigating the often unpredictable and volatile world of cryptocurrencies.

As the Terra Classic community continues to navigate these challenges and opportunities, the broader cryptocurrency market watches with keen interest. The revival of LUNC and USTC serves as a compelling case study of the power of community collaboration and strategic intervention in the digital currency space. Whether these tokens will sustain their bullish trend remains to be seen, but their recent performance certainly adds an intriguing chapter to the ever-evolving narrative of the cryptocurrency market.

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