Cryptocurrency

Terra Classic Community in Disarray Over the LUNC Casino Project Theft: Details

Terra Classic Casino is among the many developments in the LUNC community designed to support LUNC burning. However, events surrounding the project have caused commotion and disunity in the Terra Classic community. 

Particularly, Rex Harrison, a popular member of the LUNC community is accused of stealing the LUNC casino code, by the Terra Casino team. He is also accused of overtaking the Terra Casino team to snatch their partnership with OWLDAO, the biggest iGaming solution provider for Web 3.0, to launch Terracasino.io. 

On Saturday, Rex Harrison (Rexyz), a former Terra Rebels member hinted at the launch of a casino, developed on the Terra Classic blockchain. Following the update from Rexyz, there has been disarray and heated disputes in the LUNC community. 

“Massive News: The Casino coming to Terra Classic is TerraCasino.io. They are part of OWLDAO, the 7th largest dApp in crypto. That’s a massive confidence boost to LUNC and they are burning LUNC,” Rexyz tweeted. 

Read Also: Terra Classic Circulating Supply Drops Below 6 Trillion As Total LUNC Burned Surpasses 28 Billion

LUNC Casino Theft Controversy

The Terra Casino team believed to be the brain behind the casino project on Terra Classic, wrote on Sunday, stating that Rex Harrison, who is also a member of the independent TerraCVita group, stole the LUNC casino code, to launch the project Terracasino.io, in collaboration with OWLDAO.

According to the Terra Casino team, they reached out to Rexyz as a top Terra Classic member to use his influence, in securing a partnership with OWLDAO for a successful casino launch on Terra Classic.

In their claims, Rexyz pretended to help them but ended up stealing business partnerships and also failed to use his influence to establish alliances with vendor partners as agreed. The Terra Casino Twitter handle wrote;

“We regret to announce to the community that our 1.0 launch was stolen by Rexyz from the TerracVita community due to our misplaced trust, you may soon see this thief launch their TCV version of the casino to the community after stealing from our vendor partners.” 

“We all know that Rexyz is an influencer and was removed from the Terra Rebels community (for reasons unknown). It may be that what he does to us will have no impact on the community or that his influence will overshadow our voices, but we must expose these thieves.”

“It was always our goal to bring a version 1.0 cooperative casino to the community as soon as possible, and a lot of work, resources, and energy were expended in the process. At the last critical moment, because of trusting a fake help from Rexyz who stole our results, the new casino was stolen without a license.”

“We will continue to build our decentralized casino version 2.0 on Terra Classic, maybe it will take some time. But it is in compliance with regulations. Again, we remind that the stolen casino has not passed the compliance audit and it is an illegal casino.” 

In response to OWLDAO, the popular decentralized application and blockchain gaming services provider made some clarifications in a Medium post about the launched casino project in conjunction with Rexyz. LUNCwin, an independent third party involved in the drama also shared its view on the LUNC casino drama.

On the other hand, the pseudonymous LUNC validator and influencer urged the Terra Classic community to stay united to successfully revitalize the project. He wrote, “2 months ago the entire LUNC space was united. All creators under the same banner, all devs working for one common goal. I ask everybody in LUNC now. Can we put aside our differences & work as we did before? What we’ve done is incredible thus far. Let’s keep it alive.”


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

Can Furrever Token Turn Your $1,000 Into $15,000? Dogecoin and Binance Coin Show Recovery Signs Amidst FURR’s Promise

Amidst the recent resurgence in cryptocurrency markets signaled by Dogecoin (DOGE) and Binance Coin (BNB),…

1 hour ago

BlockDAG X1 Mobile Mining App Scheduled for Release on June 1st; PEPE Price and Dogwifhat Rise

PEPE is in the spotlight due to its anticipated listing on the Coinbase International Exchange,…

1 hour ago

Need High Returns In 2024? These 3 Cryptocurrencies Pose Skyrocketing Profit

TLDR Jupiter (JUP) emerges as experts’ pick to rise above $1.50 in 2024. Avalanche (AVAX)…

1 hour ago

Experts Share Likely Timelines for Shiba Inu (SHIB) to Surpass $0.00017

Recent bearish trends in the cryptocurrency market have negatively impacted the price of Shiba Inu…

2 hours ago

Based On Cardano (ADA) Historical Trends, Analyst Predicts 2,100% Rocket Rally

Despite recent market turmoil, some analysts maintain bullish outlooks toward specific cryptocurrencies, such as Cardano…

2 hours ago

Ripple CEO Is Excited About These Vibrant XRP Events

Ripple CEO Brad Garlinghouse has taken note of the growing number of XRP-focused events organized…

3 hours ago