According to a tweet from Terra Classic developer Rex Harrison AKA Rexzy, a new casino may be planning to debut on the Terra Classic network in time for the FIFA World Cup.
“9/4 favorite that a new casino will soon be in town supporting Terra Classic and burning LUNC,” Harrison wrote. “LUNC might even score for the FIFA World Cup.”
Rexzy’s conjecture appears to be supported by the independent Terra Classic developer team TerraCVita. The organisation said in a tweet that a well-known casino might burn up to 24 billion Terra Luna Classic in only six months, which is nearly as much as the entire community has been able to burn during the previous six months.
“That’s just one dApp that can burn nearly as much as all LUNC burned in the last six months,” the group wrote. “Imagine what a thriving ecosystem could burn.”
It’s unclear at the moment whether they are creating the decentralised application themselves or if it’s being done by another organisation. While the v23 upgrade has yet to be launched, projects expanding on the Terra Classic network have grown significantly.
The upgrade is expected to roll out in December, according to the developers, who have scheduled it for that month. It promises to bring the network’s Cosmos interoperability up to LUNAv2-level technological parity. Consequently, developers anticipate a sharp rise in the number of projects being built on as a result and that the network will draw in a growing user base.
Less than 24 hours after TerraCVita announced that they were on schedule to introduce a decentralised exchange on the network, there is a hint that a casino would soon debut on the chain.
Terra Rebels, another independent development team, has already created a lottery game for the network. After two rounds spanning two weeks, the Moonshot lottery has already burned around 18.5 million LUNC. It might burn 216 million LUNC in six months if an average of 9 million LUNC per week are burned. It is important to remember that only some people are familiar with the game.
If the Terra Classic network can maintain the development of several DApps that are popular among users, the anticipated fall in LUNC may occur quickly.