SAN JUAN, PUERTO RICO, June 28 2022 (Global Crypto Press) Last month the depegging of the stablecoin UST from the dollar sent shockwaves through the crypto community, as it triggered its partner token, LUNA, to algorithmically print trillions of tokens to maintain balance. This flood of supply left many holders faced with a harsh reality as billions of dollars in value were wiped out in days.

Holders of LUNA pleaded with Do Kwon, CEO of Terraform Labs, to burn some of the surplus LUNA, hoping that this would begin to regain UST’s peg and recover LUNA’s value. Kwon instead announced plans for a hard fork, designating LUNC as the original token with the original supply and stablecoin pairing, and creating a new token, LUNA, with a supply of 1 billion and no stablecoin pairing. Though this hard fork was supported with a majority vote among validators with governance—and subsequently launched on May 28th—the vote among popular polls with non-validators was said to be overwhelmingly against the proposal, with most token holders redoubling their call to instead burn the excess supply.

As Kwon continues to move forward with Terra 2.0, the now community-driven LUNC intend to right the course of the token’s activity and use case, with or without the support of its original creator. The community have already connected with StarShip CEO Matt Albright to forge a new path forward.

StarShip is a quickly growing ecosystem built around a solid foundation of collaborative, loyal businesses and passionate community members. Their whitepaper opens with the statement that “community is at the heart of [its] currency”, and the vibrant culture of partners and projects surrounding the StarShip NFT Game and StarShip’s strong liquidity pool pairings are already a testament to their dedication to this mission.

Recently StarShip unveiled a trailer featuring actual in-game footage of what will be the largest metaverse in existence to date. Built on the powerful new Unreal 5 engine and boasting 32,000 square kilometers of buildable space, the size of this MetaUniverse will allow room for unparalleled long-term growth and opportunity. As a result of LUNC’s new collaboration with StarShip, LUNC will be implemented into the StarShip ecosystem as one form of payment within StarShip Universe, burning 1.2% of all LUNC received for these payments.  

In related news, the 1.2% burn tax mechanism put forward in LUNC’s Prop 3568 was successfully passed on Sunday. This will begin to reduce the supply of existing tokens as they are circulated, which comes as great news to its loyal holders. Finding a strong use for LUNC comes at an opportune moment. As StarShip welcomes the Luna community, this collaboration strengthens the foundations of both ecosystems.

Luna community members eager to learn more about StarShip can visit www.deploystarship.com
Or follow @DeployStarShip. on Twitter, Instagram and Facebook.

Contacts: 
Matt Albright, CEO matt@deploystarship.com
Pedro Oliveira, Terra Rebels serapholiveira@gmail.com

 MetaBlaze is a blockchain-based gaming company designed for the Metaverse, merging GameFi (Gaming Finance) with DeFi and capturing the most exciting elements of web 3 technology. GameFi is a category within the crypto space that allows for financial transactions within blockchain-based Play-to-Earn games. GameFi's disruptive model is revolutionizing the traditional gaming industry by combining blockchain technology, gaming, cryptocurrency, and NFTs to create the newest gaming experience. Play-to-earn is a new dominant gaming model. Instead of just winning or losing, you're now able to get paid in crypto for engagement, fully own all your digital assets, and even trade them for other cryptocurrencies.

 All Eyes on MetaBlaze and For Good Reason. 

Rising in the spotlight in recent weeks, MetaBlaze has become one of the most highly anticipated cryptocurrency projects of 2022. MetaBlaze is one of few crypto companies that really stand apart from its competition, especially within the GameFi subcategory. Its features are what set them apart, appealing to people all across the world who want more than just another gaming cryptocurrency with no use case outside of its game. 

What is so different about MetaBlaze? Blockchain gaming needs high-level 3D graphics, and MetaBlaze is bringing it, as seen on the official MetaBlaze Instagram account. They are also bringing passive yields to the Metaverse, and mind-blowing NFTs based on in-game characters with hyper-realistic features. The NFTs developed by MetaBlaze undergo an intricate development process that includes hand-sculpting each character, followed by hand-painted portraits before their digitization. Aside from the aforementioned, MetaBlaze is unlike any other GameFi crypto company in the space because it has something unique that differentiates them from others. Instead of just being another blockchain-based gaming company with NFTs and a digital currency, their approach focuses on creating a multifaceted ecosystem fortified with various value-added utilities designed to work in tandem with one another and provide continuous revenue to its economy. The thoughtfully designed ecosystem maximizes usability for gamers, non-gamers, and aids in the development of a robust foundation required to optimize scalability and long-term sustainability. 

To learn more, visit the MetaBlaze Website or join the public MetaBlaze Telegram channel and chat directly with the core team.

About METABLAZE

MetaBlaze is a blockchain-based gaming company with a multi-chain cryptocurrency token, MBLZ, built on the Binance Smart Chain and the Ethereum Blockchain. MetaBlaze is designed for the Metaverse and Web 3 technology.

For More Information:

Official Website: http://MetaBlazeToken.com

Follow on Twitter: https://twitter.com/meta_blaze 

Media Contact:
Michelle German
mg@metablazetoken.com 

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Using blockchain and Web3 technology the Scorpio Metaverse Engine connects humans to each other in the virtual world. 

SMC completed development of the beta engine this month, and is on track for a Q2 launch of FitnessVR.io, SMC’s first metaverse powered by the Scorpio Metaverse Engine, dedicated to advanced wellness and human connection; they aim to deploy 10 interoperable metaverses within the next 12 months. 

Metaverses built with SMCs patent-pending engine offer flexible interoperability and enhanced user experiences, with customizable avatars able to jump between metaverses using blockchain technology and crypto wallets. Their suite of proprietary tools and integration with leading-edge technologies in the Web3 space allow SMC to help individuals, corporations and organizations build fully customized metaverses. 

Being one of the first-to-market tech companies leading the charge of shaping the Metaverse Web3 space, Scorpio Metaverse Corporation is obtaining patent protection for its technologies, as well as registering other intellectual property rights for its business and technology assets in the United States and internationally. SMC aims to protect the technology, inventions and improvements that are commercially important to the development of its business using the most effective and efficient intellectual property instruments, including patents, trademarks and trade secrets. 

Nav Gupta, Founder & CEO of Scorpio Metaverse Corporation: 

“We’re building the tools to make custom metaverses accessible across the world; our patent-pending process reduces the barrier to entry for great ideas to get built quickly. We are extremely proud to be first-to-market with the creation of our proprietary metaverse engine which is a system and method for creating custom metaverses. Whether you’re a business looking to build an office metaverse or a university looking to have your school built into a metaverse, in the future we believe metaverses will be like websites and you’ll be able to build them using our tools and systems and jump from metaverse to metaverse. Unlike our competition, our primary business is metaverses and we have security and safety at the heart of

our system for end users. Human connections are very important and we believe that with our technology we can help people connect with each other in new, fun and unique ways. I recognize the significant potential this patent holds, as it directly addresses key challenges currently facing the fragmented and disconnected landscape of the metaverse industry.” 

About Scorpio Metaverse Corporation 

Scorpio Metaverse Corporation is an international collective of tech companies at the intersection of Web3, Blockchain, and Gaming. The company initiated activities in 2022 and is headquartered in Toronto, Canada, with subsidiary corporations in Vietnam, India, Dubai and plans for expansion into Africa, Europe, and the United States. 

Scorpio Metaverse Corporation is developing a suite of innovative metaverse-building technologies focused on connecting users and providing world-class, fun and interactive experiences for them in both WebGL, Virtual and Augmented Reality environments. 

To learn more about Scorpio Metaverse Corporation, visit: https://www.scorpiometaverse.io

Contact: marketing@scorpiometaverse.io

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