At the beginning of a new week, a large proportion of the crypto market is trading in the red region including Bitcoin and Ethereum. Even the Terra Classic (LUNC) has seen a dip of 3.91% in the past 24 hours. On the other hand, Sparklo (SPRK) is spearheading a new investment opportunity where individuals can invest in NFTs backed by precious metals.
Terra Classic (LUNC) Drops 3.9% As Community Disagrees With Latest Proposal
Rexyz Harrison, a seasoned member of TerraCVita, has put forth a proposal to secure approximately $2 million of the funds that were stolen during the Terraport hack. The proposal entails an “emergency code upgrade” that would lock up specific assets.
Proposal 11488 aims to aid Terraport investors and users in reclaiming their missing funds. By enforcing the code and immobilizing the assets, the criminals will not be able to move them off Terra Classic (LUNC) blockchain.
As of now, the Terra Classic (LUNC) community has weighed in on the proposal, and a vast majority of members are opposing it. With only seven days remaining, the votes cast thus far indicate that 97% are in favour of “No with Veto,” while 1.93% have cast a “No” vote, and a mere 0.91% have opted for “Yes.” With the current votes, the Terra Classic (LUNC) proposal will not pass.
Most of those who are against the proposal have highlighted that TerraCVita was at fault for not performing a comprehensive code audit prior to launching Terraport. Others argued that it is not the responsibility of the wider Terra Classic (LUNC) community to solve the error of a private group.
According to CoinMarketCap, Terra Classic (LUNC) is trading at $0.0001086, a drop of 3.91% in the past 24 hours.
Sparklo (SPRK) has entered the crypto space with a new investment opportunity that allows investors to acquire silver, gold, and platinum bars by investing in the Sparklo (SPRK) token.
Sparklo (SPRK) aims to introduce a revolutionary investment strategy that allows investors to buy and sell fractionalized NFT backed by silver, platinum, and gold bars. This has the potential to shake the cryptocurrency and NFT market, as many individuals are interested in buying these precious metals.
Before now, the high cost of obtaining precious metals has been a hindrance for many. Nevertheless, Sparklo’s pioneering approach strives to remove these barriers. Meanwhile, investors believe the project will yield a 5,000x return before the end of 2023.
InterFi Network has already evaluated Sparklo’s (SPRK) reserves to ensure that users’ funds are safe. The first stage of Sparklo’s (SPRK) token presale has already started, enabling investors to purchase the token at a rate of $0.015 per token.
Find out more about the presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Source: https://coinpedia.org/press-release/sparklo-offers-innovative-nft-investment-opportunity-as-terra-classic-dips/