The team behind the game has also confirmed plans to implement on-chain tax burns.
Garuda the Protector, an upcoming play-to-earn (P2E) game project, will launch on the Terra Classic blockchain in the second quarter of this year. The move is expected to introduce more utility to the network on its journey to revival.
Garuda Nodes recently introduced the upcoming project with a mission to support the Terra Classic community through project building and token burns.
#LUNCcommunity
The next Game project in #LUNC blockchain :
Garuda The Protector
Will be released on Q2-2023
Mint your #NFT Garuda in https://t.co/GAzLEcReaY as a character in this #PlayToEarn game#LUNACLASSIC #LuncBurn #NFTCommunity #NFTProjects #NFTGame #gamedev #luncusdt pic.twitter.com/uaSAh4X1MT— Garuda Nodes (@GarudaNodes) February 16, 2023
Garuda Nodes has called on community members to mint their Garuda (a playable character in the game) at Miati.io – a notable NFT marketplace and launchpad on the Terra network. The collection has a total of 500 Garuda NFTs, with each piece going for 117,000 LUNC (~$20).
About 201 NFTs have been minted as press time, with 299 pieces left. In addition to the upcoming game, Garuda Nodes also canvassed support from the community in terms of delegation, with a promise to introduce more utility to the network.
The project has received widespread commendation, as several LUNC proponents applaud the validator for the efforts. Notably, prominent LUNC development group TerraCVita called attention to the development, lauding the team and encouraging them to “keep building.”
Well done Garuda Nodes, keep building https://t.co/HaMbhkKKkq
— TerraCVita (@TerracVita) February 17, 2023
Fellow LUNC validator BetterLunc expressed excitement over the upcoming project and asked if the community should expect it to contribute to token burns. In response, Garuda Nodes confirmed plans to introduce on-chain tax burns and intentions to burn some of the revenue generated from the game.
Yes there is on chain tax burn and we will burn some of our revenue from this game too mate
— Garuda Nodes (@GarudaNodes) February 17, 2023
It bears mentioning that the Terra Classic community has repeatedly emphasized utility’s significant role in the asset’s journey to ultimate revival. This has triggered the introduction of projects such as Terraport, which promises to introduce utility to the network and concurrently expedite the burn process.
The soon-to-be-launched Garuda the Protector P2E project is another step towards bringing utility to the blockchain, and it highlights the community’s dedication to bolstering the asset’s revival campaign.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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