Terra Classic core developer Joint L1 Task Force (L1TF) unveiled Professor Edward Kim’s “Block Entropy” AI app chain on Wednesday. L1TF developer The Vinh Nguyen and project manager LuncBurnArmy shared new Block Entropy use cases with the Terra Classic (LUNC) community.
The L1TF also scheduled the Rebel-2 testnet ‘dress rehearsal’ upgrade for May 31 at 11 a.m. EST. So far, eight validators have expressed interest in the testnet upgrade.
Terra Classic Test Edward Kim AI App Chain “Block Entropy”
Joint L1 Task Force developer The Vinh Nguyen with success generated a cat image on Block Entropy – the first blockchain powered AI generation engine. He plans to turn the first image generated on Block Entropy into NFT and open a public sale for the NFT in the future.
Also L1TF project manager LuncBurnArmy taken took to Twitter to reveal the new use cases of core developer Edward Kim’s Block Entropy AI app chain. It includes image generation, video generation, AI chat, as well as LUNC burning and Tesnet tokens for machine learning and other tasks.
Here’s a preview #LUNCs and #crypto‘s latest exciting use case! #LuncBurn pic.twitter.com/LIBtCSnQbv
— 🔥LuncBurnArmy🔥 (@luncburnarmy) May 31, 2023
Interchain Accounts (ICA) will be included in LUNC after the CosmWasm v2.1.0 parity upgrade is successfully completed. LuncBurnArmy revealed June 14 as the official date of the CosmWasm parity upgrade. The team is now preparing for the Rebel-2 testnet “dress rehearsal” upgrade on May 31 at 11am EST.
Also Read: Terra Classic Project Burns LUNC For Edward Kim AI Chain “Block Entropy” Testnet Token
LUNC price to rally?
The price of LUNC is down more than 1% in the last 24 hours and the price is currently trading at USD 0.000084. The 24-hour low and high are $0.0000845 and $0.0000870, respectively. In addition, the total LUNC burned by the community reached more than $60 billion.
The Terra Classic community is making several efforts, including increasing the burn tax to 0.5% to increase the LUNC price. However, the price continues to fall amid uncertainty in the broader crypto market.
Also Read: Crypto Market Sell-Off: Here’s Why The Price Of Bitcoin And Ethereum Is Dropping Today
Varinder has 10 years of experience in the Fintech sector, with more than 5 years dedicated to blockchain, crypto and Web3 developments. A technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in more than 5,000 news stories, articles and newspapers. With CoinGape Media, Varinder believes in the enormous potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.
This post Terra Classic Dev L1TF Reveals Edward Kim AI Chain “Block Entropy”
was published first on https://coingape.com/terra-classic-dev-l1tf-unveils-edward-kim-ai-chain-block-entropy-lunc-price-to-1/
