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HomeCrypto NewsMarketTerra Classic Casino Launches Officially With Ability To Burn 26B LUNC

Terra Classic Casino Launches Officially With Ability To Burn 26B LUNC

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An online casino capable of incinerating 26B LUNC has gone live.


Terra Casino Launches Officially As Community Expresses Concerns Over the Bookie’s LUNC Burn Transparency.

Terra Casino, an online bookie dedicated to burning LUNC, has officially gone live. The team behind the casino took to Twitter to announce its launch, saying: 

“Hello, #TerraClassic and #LunaClassicCommunity We are delighted to announce that our doors are open.”  

The casino also noted that it would burn 0.2% of all betting volume in LUNC regardless of the payment method bettors use in wagering their favorite games. 

“We are burning 0.2% of ALL betting volume (whichever currency you use) on #LUNC,” it said

The development comes days after Terra Classic developer Rex Harrison AKA Rexzy announced that a new casino supporting LUNC burns would soon roll out. Independent Terra Classic development group TerraCVita also confirmed the news by stating that the casino could burn up to 24B LUNC in 6 months. 

Users Express Concern Over the Casino’s Transparency With LUNC Burns

Since Terra Casino launched, many bettors from the Terra Classic community flocked to the platform to wager on their favorite games. Terra Casino revealed this in a tweet, stating that it is overwhelmed with the show of love and support the betting platform has received. 

However, some Terra Classic enthusiasts are still skeptical about the casino, as they took to Twitter to express their concerns. LUNC holders expressed concerns over the fact that Terra Casino is a centralized betting website, which makes it difficult to track the casino’s LUNC burn. 

To further confirm that it will focus on burning 0.2% of all betting volumes on the platform, Terra Casino said it has commenced burning tokens and will provide an update soon. 

 

Terra Casino is an online bookie that aims to incinerate billions of LUNC tokens by using 0.2% of its betting volumes. According to data on the website, the casino claimed to have burned 398,791 LUNC since it went live.  

The bookie supports both casino and sports games. Some of its supported casino games include a variety of Baccarat, Blackjack, Roulette, and Sic Bo. The bookie also has a Live Casino, which gives bettors the feel of a real-world casino. 

Regardless of its name, Terra Casino also offers sports betting, allowing bettors to wager on their favorite sports games, including the English Premier League (EPL), FIFA World Cup, NBA, etc. 

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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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