Terra Allies' Six Samurai Teams Plan to Revive Terra - Coinleaks
Current Date:November 7, 2024

Terra Allies’ Six Samurai Teams Plan to Revive Terra

Terra Allies’ crew of six samurai submitted a plan to revive the Terra ecosystem.

A team is trying to revive the Terra ecosystem, which has been dramatically bankrupt in the past period. However, the team, known as the six samurai, announced a plan to revive the ecosystem.

Terra Allies’ Six Samurai Teams Announce their Plan to Revitalize the Terra Ecosystem

Terra Allies’ Six Samurai team is an engineering team that aims to revive the Terra Classic ecosystem. This team, with deep passion as owners of Luna Classic (LUNC), submitted their spending recommendations for the third quarter.

The team plans to focus its efforts towards this goal, making a firm commitment to truly revitalize the ecosystem. Terra started as an ecosystem with the LUNA asset and the TerraUSD (UST) stablecoin. However, as a result of a disaster in 2022, it underwent major changes and switched to a new blockchain called Terra 2.0. The original Terra chain was called Terra Classic.

The six Samurai teams presented a detailed plan for the third quarter of 2023 and proposed a budget of $116,000. The roadmap includes key milestones such as the transition from Columbus-5 to Columbus-6. It also includes the integration of tools into Terra Classic, such as a web tool called Keplr and a Cosmos block explorer called Mintscan.

The team’s proposal demonstrates the effort required for a true ecosystem revival and has received a positive response from the LUNC community. LUNC is ranked 75th, with a market cap of $537,523,209, according to CoinMarketCap data.

The six Samurai teams also emphasize their willingness to collaborate and coordinate with other teams for the development of Terra Classic.