"Hmm do you think there is a chance for LUNC to shine in the future?"
In order to strengthen the Terra Luna Classic (LUNC) community, its main developer called the Joint L1 Task force (L1TF) has signed an agreement with Hexxagon to build and manage its customers' wallets.
According to Hexxagon on August 3, 2023, they wanted to remove the concerns and doubts of the LUNC community about the team having members of the Terra Rebels causing the collapse.
Despite the project's complexity and time constraints, Hexxagon believes the $150,000 community-approved spending proposal for Terra Rebels is appropriate plus non-technical people are also paid for their contributions.
It is well known that Yogabba sent funds directly to the community pool while ReXc sent all funds to the developer "echel0n" then K_raucks divided some of the funds between echel0n and other team members.
As a result, the community aiming to revive LUNC after the Terra-LUNA crisis in May 2022 has begun to lose faith in the initial developer group.
However, lead developers Edward Kim and Tobias "Zaradar" Anderson left Terra Rebels to impact the Terra Classic Revival Roadmap and formed L1TF with Zaradar as the lead developer.
The community that expects the price of LUNC to reach $1 at the moment still has many questions for Terra Rebels and Hexxagon, among them the transaction of funds returned to the community pool, the Neblio deal, the VentiSwao deal and others.
As of this writing, LUNC price is down 1.82% at $0.00007 in the last 24 hours with a market cap of $458 million and has slipped around 2.15% over the past week.
