Genuine Labs proposes to become the core developer for Terra Luna Classic, aiming for regular maintenance and updates. The proposal includes a maintenance cost of $10,000 per month, payable in LUNC.
This move follows the disbandment of the JL1TF team, highlighting the need for dedicated maintenance to ensure robust performance. Genuine Labs, consisting of three developers, plans to oversee the key repository, handling code reviews, security patches, and technical support.
Market analysis suggests this initiative could boost LUNC’s price towards $1, with a predicted 65% rally following a bullish pattern breakout. This proposal not only aims to maintain chain security and performance but also enhances transparency through regular progress reports.
The initiative could significantly impact LUNC’s market position, potentially redefining its role in the crypto market.
