Cryptocurrency

LUNC Path to $1? Upcoming Terra Classic P2E Game Pledges to Burn 70% of LUNC Tokens Received from Purchases

The Terra Classic burn expedition is set to receive a massive boost as this upcoming play-to-earn game MetaGloria built on the Terra Classic blockchain promises to burn 70% of LUNC tokens received for players’ purchases as the community remains steadfast on pushing LUNC price to $1 via burn initiatives.

Being an NFT game, players will have to buy in-game assets such as the GLS token to access certain functionalities of the game. Also, players can mint one of 2,000 NFT characters dubbed “Muji” to play the game.

Read Also: Terra Classic Prediction: As Buying Pressure Surges, Can LUNC Price Touch $0.0001? Details

By design, LUNC is required to purchase GLS tokens and other in-game assets. Accordingly, the team has noted that a greater percentage of accumulated LUNC tokens would be burned and taken out of circulation forever. “By purchasing the GLS token for LUNC, players receive funds for in-game purchases, and our team accumulates LUNC tokens for further burning.  70% of LUNC tokens received for players’ purchases in the MetaGloria game will be sent to the burning wallet.”

According to the team, the MetaGloria game which has been in development since 2022 is expected to be up and running on May 20, 2023, all things being equal. The developers also added that the role-playing game (RPG) game will be on a “fundamentally new level that will captivate every fan of the game industry and at the same time provide an opportunity to monetize their hobby.”

On Tuesday, the developers behind the highly anticipated NFT game took to Twitter to announce the significant progress made in the game development. As per the update, the MetaGloria game is 90% ready following the recent addition of the PVE (Player versus Environment) content, involving monsters and missions. 

“We are glad to inform you that more than 90% of the work is behind us. Added PVE content outside the city with monsters and missions. More news on the work done will be [out] very soon,” the team said, sharing a sneak peek of the game environment. 

Read Also: LUNC to $1? Staked Terra Classic Tokens about to Hit 1 Trillion Milestone

The one-minute demo featuring an avatar navigating through a natural setting filled with scattered, abandoned temples got the attention of prominent members of the Terra Classic community including Classy and Rexx.

While the top validator Classy commended the MetaGloria team, Rexx beckoned on the community to support the high-quality Terra Classic-based NFT game. He said, “There are a lot of people within the LUNC community that have not been paying attention to MetaGloria. Please view this demo of a game that they have been building directly on the LUNC blockchain.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

Recent Posts

XRP Lawsuit Recent Developments: Potential Favorable Outcome for Ripple

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to…

2 hours ago

AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program

Panama City, Panama, May 2nd, 2024, ChainwireAppLayer has unveiled the fastest and most robust infrastructure…

2 hours ago

Crypto Bulls Unleashed: BlockDAG Announces 4-Month Vesting Plan as Presale Rockets to $22M, Surpassing KangaMoon & 5th Scape

BlockDAG Network has made waves in the crypto world by introducing a strategic 4-month vesting…

3 hours ago

Solama: The Meme Coin Ready to Dominate Solana in 2024

These days, the crypto market is filled with excitement and innovation. With cryptocurrencies turning heads…

3 hours ago

Worldcoin (WLD) and Ripple (XRP) Frenzy Missed? Catch the Furrever Token (FURR) Train During its Eighth Stage of Presale

As the hype surrounding Worldcoin (WLD) and Ripple (XRP) continues to simmer down, investors who…

4 hours ago

Expert Says XRP Could Emerge as Reliable Liquidity Source in Japan. Here’s how

The Japanese financial sector is witnessing a surge in the adoption of blockchain technology, particularly…

5 hours ago