Terra (LUNA) Made an Exciting Announcement for NFT Projects: Here are the Details!

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terra (LUNA) has released an important announcement regarding non-fungible token (NFT) projects built on its network. Published by the official Terra X account announcement, warns NFT projects against a new era launched on the Terra network. As stated in the announcement, cross-chain NFTs are coming to Cosmos, powered by cross-chain NFT platform Ark Protocol. LUNA will likewise continue to benefit from this new InterChain NFT era.

This is because Terra NFT-related projects will have the chance to showcase their NFTs on multiple chains. The Ark Protocol will select collections per chain for its next phase.

Chris Amani, CEO of Terra, also published the same notice on X, drawing the attention of NFT creators to this important announcement. Launched in May 2022 following the implosion of its ecosystem, the new Terra blockchain is determined to rebuild from the rubble of its once glorious empire.

Koinfinans.com As we reported, various community suggestions and updates were implemented in 2023. This trend can also be seen at the beginning of 2024. A stroll through Terra’s X stream reveals new upgrades and developments in the first 10 days of 2024.

Station, a web application developed to interact with Terra Core and other supported chains, has received a new release: Station v3 Extension, marking the first phase of the Station v3 distribution.

According to the statement, Station v3 can now be downloaded from Chrome Web and Microsoft Edge stores. The v3 dashboard and mobile applications are expected to be released in the coming weeks. Despite these developments, the Terra (LUNA) price remains stagnant, continuing the declines that started in early December 2023. LUNA increased by 0.67% in the last 24 hours to $0.66 at the time of writing.


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