- Terra Classic (LUNC) developers have launched a revolutionary AI tool.
- The AI tool is dubbed Block Entropy and its testnet is billed for later this month.
Edward Kim, Terra Classic core developer, has introduced an Artificial Intelligence (AI)-backed App chain for the protocol. According to shared images of Kim’s whitepaper which is yet to be fully released, the tool is dubbed Block Entropy.
The developer hinted that the TestNet playground is expected to go live in May with a limited number of “machine-learning inference tasks.”
Notably, the TestNet playground is a simulation tool that permits users to test and explore the App chain. It is worth noting that this phase would not be free for every user. A burn address will be designated for users to send real Terra Classic (LUNC) tokens first. Next would be the submission of the transaction hash to the TestNet faucet. It is this final submission that would provide users with the access that they require.
The amount of LUNC token which each user burns is directly proportional to the number of testnet tokens that the individual receives. On the other hand, machine learning activities are the only route through which these testnet tokens can be utilized. This is because they have no independent proprietary value. Ultimately, this is a simulation of the launch process that is scheduled to be held in May.
Some of the tasks that would be allowed during this testing phase are AI image diffusion, text language models, and music generation.
In other future phases, certain advancements in distributed training mechanisms, Python APIs, and SNARK verification methods will be enabled. Also, additional fine-tuning modules which would assist in generating excellent results would not be released until these subsequent phases.
LUNC price gain contributed to Block Entropy
The sentiment surrounding the Block Entropy revelation counts as a major positive bullish force for LUNC. Per the revelation, other components of the Block Entropy are the Interchain Accounts (ICA) module which is currently under testing on the LUNC L1 TestNet, and governance proposal approval. However, there is a need to meet with the Joint L1 Task Force Team to include ICA in LUNC.
Following talks about the new AI Appp chain and other upgrades, the price of LUNC is looking like it may attain $0.1 in no time. According to data from Marketcap, the token was trading at $0.000123 at the time of this writing and in the last 24 hours, it has gained about 1.15 percent.
While releasing the roadmap for Q2 2023, there had been speculation as to whether LUNC would attain $0.01. The token was known to be among the most promising in the industry at the time, however, the depegging of the TerraUSD (TUSD) token fueled a major network shift that stirred the eventual collapse of the LUNC token last year.
The series of new innovations being introduced by the core developers of the Luna Classic protocol is yet another attempt to revive the coin, an effort that may ultimately pay off with massive price gains.
