Neblio, a decentralized and high-performance blockchain platform built for enterprise and industry 4.0 applications and services, is now an official supporter of Terra Classic (LUNC) alongside Terra Rebels, as the community-led crypto project ramps up efforts to initiate a comeback.
To provide infrastructural, advisory, and financial support for the decentralized blockchain ecosystem, which collapsed in May following the de-pegging of UST, Neblio is thrilled to align with Terra Rebels, a decentralized organization of developers and blockchain engineers, having the common mission of rebuilding the Terra Classic ecosystem which was abandoned by its creators Do Kwon and TerraForm Labs.
Per a Tuesday announcement, “Neblio is proud to announce to have become Official Supporter of Terra Classic and the LUNC Community through TerraRebels, by providing infrastructure, financial & advisory support to revitalize the Terra Classic ecosystem. Great initiatives in the pipeline!”
#Neblio is proud to announce to have become Official Supporter of #TerraClassic and the #LUNCCommunity through @TerraRebels by providing infrastructure, financial & advisory support to revitalise the Terra Classic ecosystem 🌕
Great initiatives in the pipeline!#LUNC $NEBL $LUNC pic.twitter.com/V0dFG8NaY3— Neblio Team (@NeblioTeam) October 10, 2022
Read Also: TerraClassicUSD (USTC) Surges over 33% As Lead Dev Releases Re-peg Proposal
Through this strategic partnership, Neblio, which has an open-source suite of software solutions, will aid the team of developers behind the revitalization of the LUNC ecosystem to maintain the Terra Classic chain.
More so, Neblio draws its uniqueness and importance from its developed token protocol (NTP1) that simplifies the development and deployment of applications utilizing blockchain technology in myriad industries.
“Terra Rebels is proud to announce that Neblio Team has become our Official Supporter, providing infrastructure, financial & advisory support to help us deliver on our core mission to maintain the Terra Classic blockchain on behalf of the TerraClassicUSD Community LUNC,” the LUNC team wrote.
#TerraRebels is proud to announce that @NeblioTeam has become our Official Supporter, providing infrastructure, financial & advisory support to help us deliver on our core mission to maintain the #TerraClassic blockchain on behalf of the #TerraClassicCommunity #LUNC pic.twitter.com/EU0l69plwg
— Terra Rebels (@TerraRebels) October 10, 2022
Read Also: Terra Rebels Denies Ties With KaJ Labs Over Plans To Burn 2.5 Trillion Terra Classic (LUNC)
With more support from external entities like Neblio, a comeback for the embattled LUNC and USTC digital assets could be seen sooner than expected.
Earlier this month, a developer in the Cosmos Team noted that he would support the Terra Classic team if they cut ties with Do Kwon and TerraForm Labs. Whereas Edward Kim, a top developer in the LUNC community noted that there are some off-chain dependencies on the TFL, ReXx of Terra Rebels affirmed that LUNC code is fully controlled by the community.
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