{"id":184529,"date":"2023-10-31T20:36:54","date_gmt":"2023-10-31T15:06:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/terra-ceo-chris-amanis-good-news-for-all-cosmos-chains-including-lunc-crypto-news\/"},"modified":"2023-10-31T20:36:56","modified_gmt":"2023-10-31T15:06:56","slug":"terra-ceo-chris-amanis-good-news-for-all-cosmos-chains-including-lunc-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/terra-ceo-chris-amanis-good-news-for-all-cosmos-chains-including-lunc-crypto-news\/","title":{"rendered":"Terra CEO Chris Amani&#8217;s Good News For All Cosmos Chains Including LUNC &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Terraform Labs\u2019 new CEO Chris Amani shared exciting news for the Cosmos community to support infrastructure for all Cosmos chains. The Foundation business model would be willing to run the infrastructure for all chains on Cosmos, cutting down the massive costs. Cosmos ecosystem tokens\u2019 prices have jumped massively after the announcement.<\/p>\n<p>Terra Luna Classic community members also reached out to LUNC developers to use the opportunity and cut unnecessary infrastructure costs the community pays.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>Terra Announces Infrastructure Support<\/h2>\n<p>Terraform Labs CEO Chris Amani in a TFL Telegram group revealed one of the business models of Foundation to run infrastructure for teams that don\u2019t want to deal with this or don\u2019t have the team to do it.<\/p>\n<p>He added that it\u2019s free for all applications that launch on Terra, but TFL can also run infrastructure for entire chains on Cosmos.<\/p>\n<blockquote>\n<p>\u201cThe model we have in mind is that they pay for it by implementing alliance and directing a negotiated amount of inflation to LUNA. The offer is applicable to all chains in Cosmos, including chains that end in the word Classic.\u201d<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<\/blockquote>\n<p>Popular Terra Luna Classic member Mr. Diamondhandz1 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MrDiamondhandz1\/status\/1719020910504460780\">shared<\/a> the bullish news with the community, sparking excitement in the community.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><strong>Read More: <\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terraform-labs-and-do-kwon-seek-summary-judgement-in-sec-battle\/\">Terraform Labs and Do Kwon Seek Summary Judgment in SEC Lawsuit<\/a><\/p>\n<h2>Cosmos Ecosystem Tokens Shoots Higher<\/h2>\n<p>Meanwhile, tokens in the Cosmos ecosystem jumped after the announcement. ATOM price increased by 8% in 24 hours and is now quoted at $8.13. Whereas JUNO increased by 142% to $0.66, OSMO rose 25% in 24 hours and is now quoted at US$0.391, and EVMOS rose 28% in the small market and is now quoted at $0.071.<\/p>\n<p>However, Terra Luna Classic (LUNC) price fell 3% in the past 24 hours, reducing the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terra-luna-classic-lunc-and-ustc-prices-rally-nearly-15-heres-why\/\">last week\u2019s gain<\/a> to nearly 7%. The 24-hour low and high are $0.0000635 and $0.0000664, respectively.<\/p>\n<p><strong>Also Read:<\/strong><\/p>\n<p><noscript><link rel=\"stylesheet\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/34b2734c28a6b64f504269cd860b9eef.css\" media=\"all\" data-minify=\"1\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" type=\"text\/css\" media=\"1\"\/><\/noscript><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/terra-ceo-chris-amani-good-news-all-cosmos-chains-lunc\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/terra-ceo-chris-amani-good-news-all-cosmos-chains-lunc\/\"><br \/>\n  <noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA162905\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. 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The Foundation business model would be willing to run the infrastructure for all chains on Cosmos, cutting down the massive costs. Cosmos ecosystem tokens\u2019 prices have jumped massively after the announcement. Terra Luna Classic community [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":184530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-184529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184529"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184529\/revisions"}],"predecessor-version":[{"id":184531,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184529\/revisions\/184531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184530"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}