Terra Developers Are Offered to Move Project to BNB Chain Blockchain

The BNB Chain community has invited the developers of the Terra ecosystem to migrate or create new decentralized applications on the blockchain from Binance.

The initiative has come amid the collapse of UST and LUNA, which Forbes called the “fifth reboot” of the cryptocurrency market.

The teams has been promised access to the exchange community and partner companies. Developers can receive funding from the BNB Chain fund in the amount of $1 billion and count on various grants. In addition to this, network support, marketing, business development assistance and tokenomics.

The community has also recalled the upcoming blockchain update with the advent of BAS (sidechains for applications) and ZkRollup.