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Good day Lunatics I hope you're having a wonderful start to the week if like me you're on Luna you would have opened your Terra Station to a new icon one that depicts NFT.
In the NFT section there are two weblinks that will take you to two of Terra's latest NFT projects and market places. For todays segment we're going to take a look at KNOWHERE which At current is not open to actual artists that want to develop and sell NFTs but there is a section on it that says COMING SOON you can visit their website HERE
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So as you can see this is looking like the NFT craze is about to hit the Terra Network and with any luck drive an uptake of investment from other block chains. Before you rush off it is good to point out that yes punkz and many other major NFT draw cards are on Terra but they are not cheap.
What is KNOWHERE?
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KNOWHERE's development is aligned with a recently launch NFT project called SpaceLoot which launched back in September I believed and was heavily based on the successful NFT experiment LOOT. A game where buyers but things before there was an actual game to play. Peak Hipster (not sure if you have that term in other nations but worth looking up) It's like buying a Latte and asking for it to be deconstructed.
NFT's on Terra I anticipate will be a big draw card because to mint one only costs $US0.20 cents and SpaceLoot was literally giving away NFTs at the start which have all been since sold out. Users could visit the site and spin a wheel and receive a random game item.
Don't hold your breath on a full blown game that you can travel the galaxy on this one will be played in discord chat similar to MuTerra at current until they have their sites set up. This information was shared on Telegram a few months ago.
Items for sale
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At current items listed relate to their game but there are also other non game related NFTs on offer such as galactic Punks but come at a heft price tag of 1,300 Luna.
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Stage 1 of the game is also on offer which are selling between .3 to .5 Luna and appear to be openable random items as the heading states I wonder what's inside these meteors There are also game starter packs on offer if you missed out on the freebies back in September which if you read the links above one user snapped up over 350 of them.
The METAVERSE Craze!
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The project is also establishing a space themed metaverse with not much available at the moment but there appears to also be able to include stakeable assets and staking the NFTs purchased from the site provide rewards paid in Tarrenite and Scrap which I guess they will be required to play the game.
The site also has a launchpad for NFT projects launching on Terra however, I did notice some require being whitelisted prior to purchasing.
NFT gaming has taken over the block chain industry at current so I'd expect the project won't suffer on being able to recruit new purchasers and continue to drum up investments. Purchasers should be aware of the dangers of purchasing NFTs as they are extremely speculative and not always able to be resold.
Image sources provided. This is not financial advice and readers are advised to undertake their own research or seek professional financial services