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The VR Soldier

5 NFT Projects and Marketplaces Committed to the Terra 2.0 (LUNA) Ecosystem

Will Izuchukwu by Will Izuchukwu
June 8, 2022
in Featured
Reading Time: 4 mins read
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Many projects have been launched within the ecosystem despite the negative energy and uncertainties around the New Terra 2.0 launch. Even some Digital Asset Managers such as Hex Trust, Nebula, and CyberDeck have also shown their support for rebuilding the new Terra ecosystem.

This article looks at our pick of the top five NFT projects and marketplaces supporting the Terra 2.0 (LUNA) ecosystem that are ready to migrate to the new blockchain.

Note: The list below isn’t organized in any particular order.

#5 Knowhere ๐Ÿ‘พ Terra NFT Marketplace ๐ŸŒ”

Knowhere is currently operating on Terra 1.0 but urges users to make sure the wallet connected is selected to the “Classic” network while making transactions. They are planning to migrate fully to Terra 2.0 soon.

Knowhere poses itself as the Vanguard for Terra NFTs, artists, and partners ready to play a vital role in Terra Luna 2.

2/2โš ๏ธTo ensure your wallet is connected to Terra's "Classic" network, see image attached๐Ÿ‘พ pic.twitter.com/ZxOklsdPVl

— Knowhere ๐Ÿ‘พ Terra NFT Marketplace ๐ŸŒ” (@knowhere_art) May 31, 2022

#4 RandomEarth ๐ŸŒ

Another platform showing its support for Terra 2.0 is the RandomEarth ๐ŸŒ NFT Marketplace, describing itself as an NFT Marketplace for @terra_money.

RandomEarth’s auction system allows you to sell and buy Crypto Assets. You can participate in the Auction by attaching your digital wallets to compatible bridge extensions like Terra Station (https://station.terra.money/).

Terra Station is an electronic wallet that lets you buy, store, and conduct transactions with Terra LUNA coins.

RandomEarth is commited to rebuilding on @terra_money V2 in solidarity with the rest of our community. https://t.co/fMbqqwo2Kg

— RandomEarth ๐ŸŒŽ (@randomearth_io) May 16, 2022

#3 HERO ๐ŸŒ•๐ŸŒž

HERO NFT is a limited edition NFT collection of unique digital collectibles thriving on the Solana and Terra blockchains. They claim to be the first NFT to mint on Solana and Terra.

It has a total of 5.8k NFT Item collections, with 2.6k owners. Its floor price sits at 3.5 Million Luna.

Additional Data – https://randomearth.io/collections/slug/heronft

It has already declared public support for the new Terra 2.0.

Terra has been a foundational catalyst in the growth of Hero

As we expand and bridge across networks, Hero will always be rooted in the $LUNA community and stand by a new @terra_money chain #IBC#TerraisMoreThanUST https://t.co/uMPhd0CSd8

— HERO ๐ŸŒ•๐ŸŒž (@Hero_NFT_) May 18, 2022

#2 Metafrens ๐Ÿช (TerraFloki)

MetaFrens has already declared interest in continuing building on the Terra 2.0. TerraFloki is now MetaFrens, a community-led NFT metaverse open for all Terra NFTs.

TerraFloki is an NFT-as-a-Subscription model based on the Terra ecosystem, which is comprised of TerraFloki Labs’ economic and strategic play-to-earn metaverse.

Users can also trade, stake, and supply liquidity through a simple built-in DEX.

๐ŸšจGM, @MetaFrens_ (ex TFLOKI) will continue to build with Terra V2๐Ÿ‘พ

As OG builders on @terra_money, one of the first NFT projects, old as col-5, we are ready to continue building ๐ŸŒ–@stablekwon sir, we are here ๐Ÿถ#TerraIsMoreThanUST https://t.co/CzVjx2KB7c

— MetaFrens ๐Ÿช See You On Terra 2.0 ๐ŸŒ– (@MetaFrens_) May 19, 2022

#1 Orne.io

Orne is a platform for buying, selling, and trading trees, and the managing firm will be named after it.

Each tree is represented by a non-fungible token (NFT) generated on a blockchain. All tree exploitation earnings will be returned to the NFT holder once it achieves maturity.

“NFTs for sustainable forestry, $ORNE on @terra_money”

Orne declared its support for the launch as well:

https://t.co/Jvi51F5R4S is committed to reforest the world with @terra_money Terra 2.0 https://t.co/y5kNryWDDT

— Orne.io (@orne_i_o) May 16, 2022

Final Thoughts

While the Terra 2.0 (LUNA) price is currently struggling, it’s clear that Terra’s ecosystem is one of the most unique and forward-looking in the industry.

As more applications and projects transition to the new chain and the broader cryptocurrency audience sees the potential for Terra Luna, the new coin’s valuation will rise.

It’s nearly impossible for Terra 2.0 (LUNA) to soar in price and valuation with Bitcoin and Ethereum struggling to hold current support levels. As such, traders and investors should practice patience when it comes to their investment in the project and look for longer-term success rather than focusing on short-term failures.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project.

Image Source: valedol/123RF


Also Read:

Top 3 Metaverse Crypto Coins Below $80 Million Market Cap (May 2022)

Follow us on Twitterย @thevrsoldierย to stay updated with the latest Metaverse news!

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