The Terra ecosystem has been in the news since its collapse. The ecosystem is trying to reclaim its lost glory with another development, NFT minting.
Terra developers have released an NFT minting feature on the blockchain. According to the platform, digital creators can mint NFTs on the Terra network with little technical knowledge.
The platform announced the recent NFT minting feature on its Twitter page. In addition, the platform provided a step-by-step tutorial on its YouTube channel.
The video guides developers on how they can develop NFTs on the network. In addition, platforms and developers who cannot use the blockchain can look at the step-by-step guide.
In addition, the video lesson contains download instructions and code visualizations. The platform plans to upload other lessons in the coming months.
Many developers would flock to the blockchain. However, Terra should have highlighted any unique feature that could attract users.
Meanwhile, the Terra ecosystem is trying to compensate for its lost fame following the Luna-UST collapse in May. Before the crisis, Terra’s LUNA was valued at about $40 billion. Besides, it was among the top ten digital currencies according to market cap.
In other news, Terra Rebels have created an official YouTube channel. The channel is meant to educate the Terra Classic community on the benefits of the Terra Classic blockchain.
Terra Trying To Regain Lost Glory
The Terra Classic team also published a guide for those who want to be validators. In addition, they released Revival Roadmap for the blockchain. The number of validators on the network has been increasing so far.
Meanwhile, there are other platforms where users can learn how to develop NFTs on Terra. For example, users can visit Terra’s Developer Portal. The portal provides open-source instructions, tools, and more to guide users.
Nevertheless, Do Kwon, Terra’s creator whereabouts remain unknown. The creator has been evading law enforcement agencies since the Terra collapse.
Earlier, rumors circulated that Kwon was in Dubai. However, he stated that he was not running from authorities. Yet, he has been reluctant about turning himself into enforcement agencies.
Kwon’s Terra network created TerraUSD and LUNA, its two native tokens with a combined valuation of about $60 billion. Unfortunately, this valuation turned to zero after the stablecoins de-pegged.
This contagion spread across the crypto sector, damaging firms exposed to LUNA and TerraUSD. As a result, several firms went bankrupt following the collapse of the stablecoins.
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