Monday, December 5, 2022
HomeCrypto NewsMarketAnonymous User Donates $19K to Terra Rebels For LUNC Revival

Anonymous User Donates $19K to Terra Rebels For LUNC Revival

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Terra Classic investors intensify efforts to revive LUNC.

The Terra Classic community has shown immense support for Terra Rebels; a decentralized organization focused on revitalizing the Terra Classic ecosystem. Members of the community have been encouraging the organization, in multiple ways, to continue its work toward reviving the value of LUNC.

In an interesting development, an anonymous Terra Classic supporter donated $19,520 to Terra Rebels, supporting the ongoing LUNC revival initiative.

Terra Rebels took to Twitter to announce the development, describing the financial donation as extremely generous.

There was an extremely generous donation made towards TerrRebels OpenCollective. Whoever this is, please DM us so we can formally thank you for your generosity and contribution to help us continue to serve the LUNC community,” Terra Rebels said.

LUNC Investors React

According to the transaction details, the financial contribution was made yesterday by a user referred to as Orquda. Before the huge transaction, the user had previously donated $254 to Terra Rebels’ Open Collective, which puts the user’s total donation at $19,775.

At the time of writing, the real identity of the donor is still unknown. However, the Terra Classic community has expressed gratitude to the anonymous donor.

Terra Rebels LUNC Revival Efforts

Since the Terra Open Collective program started, several enthusiasts have contributed financially to the project. At press time, 146 people contributed financially to the program, with Orquda ranked as the highest donor, with a total donation of $19,775

Another significant financial contribution to the project was $9,984, which Neblio made

Following the collapse of the Terra project in May, Terra Rebels, alongside investors, have been focused on reviving the classic blockchain and tokens through open-source code contributions.

The team previously shared a roadmap on how it intends to revive LUNC value. Last week, Terra Rebels disclosed plans to launch a more effective way to burn Luna Classic tokens, as the existing 1.2% tax burn proposal is not enough to burn the tokens as expected.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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