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How to Buy Otherside Metaverse Land (BAYC)

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How to Buy Otherside Metaverse Land (BAYC)

Want to jump straight to the answer? You need ApeCoin to buy The Otherside Land, which you can get today on Gemini.

Historically, real estate has been a sound investment. You can either hold it as an investment or develop it to raise its value or generate passive income.

“Buy land, they’re not making it anymore,” Mark Twain is quoted as saying. That statement is quite true — at least in the physical realm. But with the advent of virtual reality (VR) and blockchain technology, that’s changing. Now you can travel to beyond our physical world and into the metaverse.

The term metaverse was coined in 1992 by science fiction writer Neal Stephenson in his novel “Snow Crash.” Snow Crash was a three-dimensional virtual space where humans as avatars could interact with each other. But in 1992, you could only read about this virtual world in a novel. 

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Fast forward to 2003, when the virtual world Second Life was released, and to 2006, when the ROBLOX game was released. These two events ushered in a new age — the start of an era in which humans can interact in virtual worlds.

These early virtual worlds were an excellent start but lacked an essential element — the ability to have actual ownership of in-game purchased digital items, especially land. But thanks to blockchain technology and NFTs, the ability to buy virtual real estate has become a reality. 

There are numerous metaverse platforms available today. Among the most popular are Decentraland and The Sandbox. A new entrant into the metaverse platform field should be launched any day. This new platform will be based on the phenomenally successful Bored Ape Yacht Club (BAYC) NFT series.

It’s no secret that Yuga Labs, the company that created BAYC, has been highly successful. It followed up its BAYC success with two additional releases — Bored Ape Kennel Club (BAKC) and Mutant Ape Yacht Club (MAYC) — that have had considerable success. And now, Yuga Labs has produced a trailer promoting the impending release of Otherside, a metaverse platform and MetaRPG (role-playing game). It’s a reasonably safe assumption that the upcoming Otherside land sale may prove very successful as well. See you on the Otherside!

Few details are available, but based on the trailer, the Otherside appears to be a multi-land metaverse. There seems to be a lava landscape, an ice landscape, a crystal landscape, a sand scene, a purple mystic landscape and a unique earth-like landscape. Yuga Labs partnered with Animoca Brands to build the Otherside metaverse. Animoca is also the developer of The Sandbox and several other blockchain-based games.

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To stay up-to-date with everything regarding Otherside land, be sure to follow OthersideMeta on Twitter.

Brief History of The Otherside Metaverse

Even though the initial sale for the Otherside metaverse is on April 30th, 2022, these NFTs are actually “Otherdeeds.” This leads us to believe the actual land won’t be playable on release, and that there will likely be a land reveal later down the line. Aside from appearing to be a multi-land metaverse, an element hinted at in the trailer, the Otherside will support different NFTs. A submarine arrives near the end of the trailer, carrying the following NFTs: a Cryptopunk, Cryptoads, Mutant Ape Yacht Club, Meebits, World of Women and Cool Cats. The additional NFTs hint at interoperability.

Yuga Labs introduced ApeCoin about a month ago, which will power the Otherside metaverse. Another in a long series of rewards was a big airdrop of ApeCoins to BAYC owners. The maximum and total supply are both set at 1 billion, with a current circulating supply of 277.5 million. Despite only being launched a few weeks ago, ApeCoin is already ranked in the top 30 cryptocurrencies by market capitalization.

Yuga Labs is also now attracting major investors. Andreessen Horowitz led a recent $450 million round of funding, along with Animoca Brands, FTX, Google and MoonPay. 

It’s still unknown what the perks of holding Otherside land may be. Holding Yuga Labs NFTs has proven lucrative in the past, so it is not hard to imagine that owning Otherside land will also come with valuable perks. 

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Being a part of the Yuga Labs empire means that owning Otherside land comes with a lot of social capital. It has also been reported that the land itself will hold valuable items, from natural resources to rare artifacts and possibly even a Koda.

What is a Koda? It could be the alien-looking being touring the Otherside with the Bored Ape. It’s rumored Kodas will be assigned to 10% of The Otherside land plots, and buyers who receive them may be able to sell this NFT separately.

How to Buy The Otherside Metaverse Land

Details on how to buy Otherside land are also limited. A new website, https://somethingisbrewing.xyz/ was used to verify consumers’ identities to be eligible for mint. If you missed this, your only option is to purchase the land on OpenSea after the release on April 30th. To use OpenSea, you’ll need a software wallet like Metamask and crypto to fund your wallet with. For more information on buying NFTs, checkout our in-depth guide.

However, a leaked BAYC investor roadmap shows two land sales. The first was slated for March, but was rescheduled for sometime in April. Then a second land sale is expected sometime in August.

        Image Credit: Yuga Labs

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Step 1: Open an online account.

1 Minute Review

Gemini is a cryptocurrency exchange and custodian that offers investors access to over 100 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.

Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. 

In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.

Best For

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  • New investors looking for a simple mobile and web app
  • Day traders looking to use technical analysis tools
  • Users looking for a 1-stop-shop to buy, sell and store all of their cryptos

Pros

  • Easy and quick signups — can get started in as little as a 5 minutes
  • Multitude of platforms to accommodate traders of all skill levels
  • Hot wallets include insurance to protect your from theft and hacking attempts

Cons

  • Charges both a commission and a convenience fee for users buying and selling through the desktop or mobile app

To purchase Otherside land, you will need ApeCoin (CRYPTO: APE). If you don’t already have an account with a cryptocurrency exchange, you’ll need to create one. Coinbase, Gemini and Crypto.com are great exchanges with easy-to-use trading platforms. Note that secondary sales may occur in Ether, so you may need to invest in Ethereum if you’re not minting Otherdeeds.

All three exchanges make it relatively simple to register an account. To pass KYC, follow the instructions and input the relevant information. Following that, you must link a bank account or debit card.

Step 2: Buy or download a wallet. 

Now that you’ve opened an account, you’ll need a good wallet. The wallet must be able to connect to the BAYC website or OpenSea to facilitate purchases. Avoid storing huge amounts of cryptocurrency or NFTs on exchanges. Keeping huge quantities of crypto on exchanges puts you at risk of loss because of an exchange hack.

Best Software Wallet: MetaMask

MetaMask is one of the best software wallets around. It’s available as a browser extension and a mobile app and is easy to download and set up.

Go to the MetaMask website, click on “Download,” and select your browser. Then click install and follow the on-screen instructions. Avoid storing significant amounts of crypto or NFTs in MetaMask because it is a hot storage wallet. You should buy a cold storage wallet like the Ledger described below for long-term storage.

Best Hardware Wallet: Ledger

buy now securely through Ledger Hardware Wallet’s website

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1 Minute Review

Launched in 2014, Ledger has transformed into a fast-paced, growing company developing infrastructure and security solutions for cryptocurrencies as well as blockchain applications for companies and individuals. Born in Paris, the company has since expanded to more than 130 employees in France and San Francisco.

With 1,500,000 Ledger wallets already sold in 165 countries, the company aims at securing the new disruptive class of crypto assets. Ledger has developed a distinctive operating system called BOLOS, which it integrates to a secure chip for its line of wallets. So far, Ledger takes pride in being the only market player to provide this technology.

Best For

  • ERC-20 tokens
  • All experience levels

Pros

  • Easy to set up and use
  • Supports more than 1,500 different digital assets
  • Tamper proof
  • Portable
  • Long-lasting battery
  • Bluetooth connectivity features

One of the best hardware wallets on the market is Ledger, which offers two models: the Nano S and the Nano X. The Nano S is cheaper; however, it does not hold as many apps as the Nano X. The Nano X also has Bluetooth capabilities, allowing it to be used with the Ledger Live mobile software. Using either Nano model in conjunction with Ledger Live provides complete control over your digital assets.

For security, both wallets rely on an industry-leading secure element chip. The secure element chip is the same as the one used in credit cards and passports. It offers the highest level of security available for a chip. Regardless of the Ledger model you choose, you can be confident that your crypto assets are well protected.

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Before buying land, you must first send your APE to your MetaMask wallet. You need your ETH public address from your MetaMask wallet to complete the transfer. The address is located near the top of the MetaMask pop-up window.

Next, go to your exchange, look for your APE, and click “Withdraw.” Typically, a transfer pop-up window or a transfer page will open. Then, copy the ETH address from your MetaMask wallet and paste it into the “Send to address” field on your exchange’s transfer window or page.

It is a good idea to double or triple-check your ETH address before making the transfer. At the very least, double-check the first and final four characters. Even if you are copying the address, this is recommended. After all, if you make a mistake, there is no way to recover your crypto. ApeCoin uses an ETH address, as it’s an Ethereum-based cryptocurrency.

Another word of advice is to pay close attention to the transfer or gas fees. These can be pretty high, especially when the network is busy. If you’re minting the collection, be sure to have a few hundred dollars in ETH set aside for these fees. Depending on network traffic, it should only take five to 10 minutes for the transfer to be confirmed.

Step 4: Make your purchase.

The process of purchasing from the BAYC website so far is not clear. Although, typically, you would first connect your MetaMask wallet. It’s possible that you may be able to choose which type of land you want to purchase. Then there should be a “Mint” button to click on and then sign the transaction in your MetaMask wallet. 

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Bonus section: While most NFTs are sold in ETH, The Otherside land sale will be in ApeCoin (CRYPTO: APE). Stay tuned for an announcement from Yuga Labs to know whether you’ll need ETH or APE to purchase this metaverse land.

Current Crypto Prices

The overall crypto market still seems to be in a bearish to neutral state. Bitcoin (CRYPTO: BTC) has been ranging from the upper $30,000 level to the upper $40,000 level for about two months. The overall crypto market still follows Bitcoin’s lead.

Purchasing land on The Otherside is a highly speculative venture. However, based on Yuga Labs’ previous performance, there should be a significant amount of built-in value. The BAYC community is well known for its exclusivity ands valuable perks. 

The same may be true for Otherside land owners; however, a lot will depend on what perks land ownership comes with. This could be an opportunity for those priced out of the BAYC and MAYC to become a part of the Yuga Labs ecosystem.

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asset freeze

Don’t Forget The Importance Of Censorship Resistance

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Don’t Forget The Importance Of Censorship Resistance

Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. I’m talking about censorship resistance.

The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis.

“Almost all blocks since The [Ethereum] Merge.” Red represents censored blocks. Image and text from @takenstheorem on Twitter.

The Three Pillars of Censorship Resistance

In the financial context, censorship resistance is the ability to carry out financial actions despite the wishes of any third party.

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In crypto, the three pillars of censorship resistance are:

  1. The freedom to transact. This means third parties cannot prevent you from sending or receiving assets.
  2. The freedom from confiscation. Third parties cannot take away or freeze your assets.
  3. The immutability of transactions. It is impossible for third parties to change or revert transactions after the fact.

Troubling actions increasingly taken by centralized entities in the public and private sector demonstrate the importance of censorship resistance. Let’s look at some examples:

Public Sector Censorship

Governments have shown an increased willingness to exert control of financial institutions while also ratcheting up their crypto regulatory efforts. Earlier in the year, Trudeau’s Canadian government took the unprecedented step of invoking emergency powers to freeze or suspend the bank accounts of Canadian citizens without court orders. Their crime? Donating funds to fellow citizens participating in the Freedom Convoy protests.

The U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) made headlines this summer by banning and sanctioning addresses that used Tornado Cash, a decentralized application that improved privacy for users by “mixing” ETH.

The U.S. Securities and Exchange Commission (SEC) increased crypto regulatory actions, best exemplified by this quote from SEC Chairman Gary Gensler who said, “…the SEC will serve as the cop on the beat. As with seat belts in cars, we need to ensure that investor protections come standard in the crypto market.” This isn’t merely empty rhetoric, the SEC nearly doubled the size of the Division of Enforcement’s Crypto Assets and Cyber Unit in 2022.

Private Sector Censorship

Post-merge, a majority of Ethereum’s blocks are compliant with OFAC. This is a potential problem because OFAC-compliant relays will not include any transactions that interact with the Tornado Cash smart contract or other sanctioned wallet addresses as designated by OFAC. Not all blocks built by OFAC compliant relays are censoring, however, all blocks built by OFAC compliant relays will censor when non-compliant transactions are broadcast to the network. As Martin Köppelmann, the co-founder of Gnosis, noted about the state of OFAC compliant relays, “[t]his means if the censoring validators would now stop attesting to non-censoring blocks they would eventually form the canonical, 100% censoring chain.”

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Image from mevwatch.info

Centralized stablecoin companies Tether (USDT) and Circle (USDC) have a history of cooperating with law enforcement requests to freeze assets. Circle complied with OFAC’s Tornado Cash sanctions by banning “tainted” USDC. So far Tether has decided to not comply, but that can change (and probably will, given sufficient pressure) in the future.

Outside of crypto, Paypal made international news when it released an updated policy that let Paypal fine users $2,500 for spreading ‘misinformation.’ Paypal quickly retracted the policy in public, though much of the language remains. This includes $2,500 fines that have existed since September 2021 for the very vague “promotion of hate, violence, racial or other forms of intolerance that is discriminatory…”

While Paypal was almost universally condemned, its actions are consistent with a growing number of web2 companies, such as Twitter, Youtube, and Facebook, who are using their platforms to punish behavior they deem “bad” through levers like demonetization, suspensions, and bans.

Censorship Resistance Is the Antidote

Censorship resistance is one of the main value propositions of decentralized finance in general and Bitcoin specifically because it fundamentally separates the technology from any traditional financial tools. In fact, censorship resistance is so strong in Bitcoin as to render it an economic freedom enhancing technology. This dramatization powerfully demonstrates why:

The silver lining to the concerning increase in authoritarian actions from both the public and private sector is that they are helping refocus attention on censorship resistance.

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Bitcoin, once the embodiment of crypto, had become ridiculed as worse than boring — antiquated. It’s nice to see this begin to shift back as people inside and out of crypto reacquaint themselves with its deceptively simple power.

Within the crypto industry, more people are paying attention to the slow creep of web2-like features of speed and cheap transactions that are coming at the cost of censorship resistance. For example, prominent developers like the aforementioned Martin Köppelmann are sounding the alarms that the percentage of OFAC compliant blocks needs to be fixed. It’s also nice to see debates about censorship resistance begin to take up more oxygen within the broader crypto community. I particularly enjoyed Erik Voorhees’ piece on the empowering nature of defi.

This is not to say that all crypto projects need to be censorship resistant; indeed censorship resistance itself exists on a spectrum. Yet it is vital that some crypto projects remain robustly censorship resistant. At Bitcoin.com, we are proud to offer tools like the Bitcoin.com Wallet, that anyone can use to self-custody their Bitcoin and other cryptocurrencies. As an industry, let’s take the events of the last year to remember how important censorship resistance is. Let’s not sacrifice this industry-defining attribute for short sighted gains.

Tags in this story

asset freeze, bitcoin whitepaper, canada truckers, Censorship, Censorship Resistance, Circle, confiscation, convoy, Economic Freedom, Erik Voorhees, Financial Surveillance, ftx, Gary Gensler, Gnosis, Immutability, killer feature, Martin Köppelmann, OFAC, Peer-to-peer, permissionless, SEC, Self-custody, Stablecoins, surveillance, Tornado cash, USDC, USDT, Wallet, Web3

What are your thoughts on this story? Let us know in the comments section below.

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Guest Author

This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the Op-ed article. Readers should do their own due diligence before taking any actions related to the content. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article. To contribute to our Op-ed section send a suggestion to op-ed (at) bitcoin.com.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Bankruptcy

Crypto Lender Blockfi Files For Bankruptcy Protection To ‘Maximize Value For All Clients’

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Crypto Lender Blockfi Files For Bankruptcy Protection To ‘Maximize Value For All Clients’

On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings in 2022.

Blockfi Voluntarily Petitions for Chapter 11 Bankruptcy Protection

Blockfi has officially filed for bankruptcy protection according to a press release distributed on Monday morning at 10:17 a.m. (ET). The Chapter 11 bankruptcy filings encompass the crypto lender Blockfi and eight of its affiliates.

The crypto firm insists the plan is to “stabilize its business and provide the company with the opportunity to consummate a comprehensive restructuring transaction that maximizes value for all clients and other stakeholders.” Blockfi has cited the FTX collapse as a period when the company took steps to protect Blockfi customers.

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On Nov. 10, 2022, Bitcoin.com News reported that Blockfi had paused withdrawals and the firm also cited FTX in that specific announcement. Months prior it was assumed that FTX would be buying Blockfi as the company’s CEO said in July that the exchange had an “option to acquire” the crypto lender.

“With the collapse of FTX, the Blockfi management team and board of directors immediately took action to protect clients and the company,” the company’s financial advisor Mark Renzi detailed. “From inception, Blockfi has worked to positively shape the cryptocurrency industry and advance the sector. Blockfi looks forward to a transparent process that achieves the best outcome for all clients and other stakeholders.”

Compute North, Voyager Digital, Celsius, Three Arrows Capital, and FTX have all filed for bankruptcy protection after dealing with financial problems. Numerous problems are reportedly associated with over-leveraged assets and the Terra blockchain implosion that took place six months ago.

Tags in this story

Bankruptcy, Bankruptcy announcement, Bankruptcy Filing, Blockfi, Blockfi Bankruptcy, Blockfi CEO, Celsius, Chapter 11, compute north, crypto businesses, Financial Issues, financial problems, Financial Troubles, ftx, Mark Renzi, Terra blockchain implosion, Three Arrows Capital, Voyager Digital

What do you think about Blockfi filing for Chapter 11 bankruptcy protection? Let us know what you think about this subject in the comments section below.

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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$1 Parity

Terra Supporters Hope To ‘Defy The Odds’ By Pumping The Now-Defunct Stablecoin USTC Back To $1 Parity

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Terra Supporters Hope To ‘Defy The Odds’ By Pumping The Now-Defunct Stablecoin USTC Back To $1 Parity

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe there’s a chance USTC can regain its peg.

Terra Supporters Want to Repeg the Once-Stable Coin USTC

Amid the craziness surrounding the FTX collapse, fans of another stunted crypto project want to get Terra Money’s former stablecoin UST (now USTC) back to the $1 price range. There’s been a lot of discussion about the subject on social media, even though the token terraclassicusd (USTC) is nowhere near the greenback’s face value. That hasn’t stopped Terra Classic supporters from trying to rally support for the now-defunct Terra token. “Let’s repeg USTC,” one individual tweeted, while others have shared pictures of USTC rising to $1 complete with rocketship emojis.

In addition to a number of Terra Classic blockchain fans, the R&D developer at Terran One and former developer at Terra Money, Will Chen, talked about the possibility of USTC repegging. “The USTC repeg is the first time something like this at this scale has ever been attempted by a community,” Chen said. “Like LUNC, once the communal effort to repeg USTC makes progress/momentum that defy the odds and surprises all the non-believers, everybody will want to join in.”

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Chen’s tweet has more than 1,154 likes on Twitter and it’s been shared around 400 times since the tweet was published. The Terran One dev also wished the community the “best of luck.” Of course, getting USTC back to the $1 range would be a miracle and it is an accomplishment that has never been achieved thus far in the history of crypto. Chen’s optimistic tweet, however, was challenged, as many people believe the feat is impossible. One person wrote:

It requires [$9.5 billion] that nobody has, or burning [more than] 90% of USTC (=defaulting on it). Which is fine … but it will require a lot more than slogans.

Terra Classic blockchain fans disagreed with this assessment and said that it was possible the debt could be cleared. “No, it doesn’t require [$9.5 billion],” an individual replied. “Market did price the debt, less than 200 million USD. [Luna Foundation Guard] assets are still backing the debt, via buy-back-burn on USTC. Little inflation on [LUNC] and tax % could go to clear the debt. [Binance’s CEO CZ] could burn the debt with the spot trading fees,” the person added.

At the time of writing, USTC is currently trading for $0.020 per unit and the crypto asset is down 3.5% during the last day against the U.S. dollar. Last month USTC’s value was a lot higher as the coin shed 50.9% in value over the past 30 days. Terra Classic’s LUNC is even lower and less than a U.S. penny per unit at $0.00015820 per LUNC.

In order to get USTC back to the $1 range it would have to climb 4,900% higher than its current value. Currently, there is 9,805,804,874 USTC in circulation and the token has recorded $15.33 million in trades during the last day. While getting USTC back to $1 would be quite the feat, the token is struggling to remain above two U.S. pennies.

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Tags in this story

$1 Parity, Altcoins, Crypto asset, depeg, depegging, Dollar Peg, FTX collapse, LUNC, now-defunct stablecoin, Repeg, Repegging, Stablecoins, Terra Blockchain, Terra Classic, Terra Fans, Terra Money, Terra Supporters, terraclassicusd, terraclassicusd (USTC), USD, USD parity, USTC, Will Chen

What do you think about the Terra supporters hoping to repeg USTC back to the $1 parity it once held? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Terra Supporters Hope To ‘Defy The Odds’ By Pumping The Now-Defunct Stablecoin USTC Back To $1 Parity Terra Supporters Hope To ‘Defy The Odds’ By Pumping The Now-Defunct Stablecoin USTC Back To $1 Parity
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Terra Supporters Hope To ‘Defy The Odds’ By Pumping The Now-Defunct Stablecoin USTC Back To $1 Parity

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has...

BlockFi becomes another victim of the FTX collpase with bankruptcy filing BlockFi becomes another victim of the FTX collpase with bankruptcy filing
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Why The Bitcoin Miners’ Revenue Hit Lowest Point Since 2020 Why The Bitcoin Miners’ Revenue Hit Lowest Point Since 2020
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Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate...

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