Mission Report: Community Update

Arcplay
3 min readJan 18, 2022

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Explorers! As the NFT market on Terra heats up, we wanted to make a few updates for the community about Luart. Much more to come with project listing commencing shortly!

There have been many questions from the community recently about upcoming projects, TGE, etc. So read carefully to ensure you get all the important points down!

1. Project Listings (Secondary Market)

Project listings will commence today! Woohoo FINALLY! Yes you heard that right. We will be shipping some update fixes immediately this week (filter bugs, missing listings, sorting issues, etc) and commence project listings right after.

Projects listed will begin with our premier partners (Galactic Punks, Heroes, Styllar & Luna Bulls), followed by every other project on a rolling daily basis! So stay tuned as your favourite projects begin to get listed onto the marketplace!

And even more news, the official v1 is set to launch at the end of the month (subject to final bug testing!), so you will be seeing a host of new features coming your way, with even more improvements to UI/UX at the same time! Trust me when I say many requested features will be live (they were already planned but just were not implemented so quickly in v0!)

2. Wen TGE?

This question we know many of you have in mind. Long story short: TGE will happen very shortly once v1 goes live. This means end of January or right at the start of February. Now, you must be wondering why are we waiting that long? So here is the simple breakdown below:

First, we want you to see what you are getting from Luart, no nonsense work from us. You will see the platform and judge the value of it on your own in relation to our $LUART token’s value. We believe in full transparency with our work, and hence we do not want you to simply hold a token without knowing much about what is coming or basing it off a “concept” or “idea” like some TGEs have suffered from. So this is our way of wanting to ensure YOU, as a community know what you are getting from investing with us!

Lastly, a key area of our token accrual value comes through the staking function of the platform. Which not only farms/rewards you with the native token, but also provides you LUA Power accumulation with your $LUART single or LP staking. Therefore it would not be possible for us to TGE prior to v1 as otherwise your token would not be able to engage with its utility factor for an unnecessary period of time.

This way, upon TGE, you will get 2 things: An immediate impression of the platform and knowing the product you get from us. And 2, immediate utility usage of the $LUART token right from the start.

If you have any other questions or concerns, please feel free to drop then in our Discord’s general chat or create a support ticket and the team will get to you as soon as we can!

#PutYourHelmetOn 👩‍🚀

Join Luart

We are always looking for developers and creative minds who are interested in joining us on this journey in building the first gamified NFT marketplace in the Terra Ecosystem. See the links below to reach out.

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Arcplay
Arcplay

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