Terra (LUNA) has issued an important notice regarding non-fungible token (NFT) projects built on its network. The notice, posted by the official Terra X handle, warns NFT projects of a new era launching on the Terra network.
As mentioned in the announcement, interchain NFTs are coming to Cosmos, powered by the cross-chain NFT platform Ark Protocol. Terra could also benefit from this new era of InterChain NFTs.
📢 Attention Terra NFT projects
Interchain NFTs are coming to Cosmos, powered by Ark Protocol. For a chance to have your collection included in the next phase of Ark Protocol, join their Discord and create a ticket to introduce your collection!https://t.co/juNHa5o4U1
— Terra 🌍 Powered by LUNA 🌕 (@terra_money) January 10, 2024
This is because Terra NFT-related projects would have the opportunity to showcase their NFTs on multiple chains; Ark Protocol will select collections per chain for the next phase.
Chris Amani, CEO of Terra, relays the same message to X, drawing the attention of NFT creators to this important announcement.
After the implosion of its ecosystem in May 2022, Terra (LUNA), the new Terra blockchain launched after the fall, is committed to rebuilding from the rubble of its once glorious empire.
Several community proposals and updates were implemented in 2023. This trend will be seen in early 2024, when a scroll through Terra’s X feed reveals new upgrades and developments in the first 10 days of 2024.
Station, a web application built to communicate with Terra Core and other supported chains, has received a new release: Station v3 Extension, which marks the first phase of the rollout of Station v3.
According to the statement, Station v3 is now available for download on the Chrome Web and Microsoft Edge stores. The v3 dashboard and mobile apps are expected to be released in the coming weeks.
Despite these developments, the Terra (LUNA) price remains subdued and continues the decline that started in early December 2023. LUNA rose 0.67% over the past 24 hours to $0.66 at the time of writing.
