Proposal for updating Terra Classic (LUNC and USTC) profiles on third party websites

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1. Background:

Following the successful passage of Proposals #12141, #12145 and #12147 Terra Classic community has the ability to implement changes to the Terra Classic (LUNC and USTC) profiles on third-party websites, starting with Coinmarketcap.com . This change opens up an opportunity to improve the visibility and accessibility of the Terra Classic ecosystem for existing and new investors while promoting active participation and building on the chain. 

2. Proposal:

The goal is to update Terra Classic (LUNC and USTC) profiles on third-party websites by replacing the link described as a “website” (that currently links to https://common.xyz/terra-luna-classic-lunc in Coinmarketcap and on other third party sites like CoinGecko or Exchanges websites that still link to terra.money or other sites not related to Terra Classic) with a link to https://www.terra-classic.money

3. Reasoning:

The Terra Classic (LUNC and USTC) profiles on third-party websites should provide value for Terra Classic investors (no matter the size), institutions / businesses, press, etc.

There is no value when we point all of those people to Common which is a governance board full of proposal threads, jargon, and a sign-in prompt. No logo, no value proposition, no onboarding path.

Detailed analysis:

  • There is no information about Terra Classic. Once you make a couple of unnecessary clicks on Common you will find only a list of discussions and messages from people that are deeply engaged in Terra Classic progress and governance. For people who have just invested in LUNC (or are thinking about it) this is a confusing, hard to read and to extensive amount of knowledge. It is an extremely difficult to breach entry barrier to understanding what Terra Classic is. The page looks empty, technical, and even suspicious to newcomers;
  • Common does not include Terra Classic visual identity;
  • Common have the “abandoned project” perception. Visitors expect an official site or clear source of information;
  • On Common there is no path to buy, stake, or build. Requires account creation (and wallet in some cases) just to read / write;
  • Common does not provide a chance to optimize Terra Classic SEO.

From a branding and growth perspective, this is an anti-funnel: every click that should convert curious users, developers, or investors instead bleeds them out of the ecosystem.

4. Goal:

4.1. Visibility: The update will make essential tools and resources more visible and accessible to both new and existing investors, developers, and press. This increases transparency and builds trust in the Terra Classic ecosystem.

4.2. Attract New Investors: Providing easy access to basic Terra Classic information (native assets and products) and to lists of markets, on-chain applications, wallets, bridges, blockchain information websites (and more) will help attract new investors, who will feel more confident in understanding the scale, strength, and potential of Terra Classic.

4.3. Active Participation: The update of Terra Classic (LUNC and USTC) profiles in third party websites will foster active community engagement by making it easier for developers to find resources for building on the chain, thus promoting innovation and growth.

4.4. Building on the Chain: With essential tools like wallets, explorers, bridges, endpoints, node snapshots (and more), the Terra Classic (LUNC and USTC) profiles on third-party websites will support developers interested in building on the Terra Classic blockchain. This will help encourage new dApps, projects, and initiatives to contribute to the ecosystem.

5. Vote:

Yes – I am in favor of changing the “website” link on the Terra Classic (LUNC and USTC) profiles in third-party websites.

No – I am against changing the “website” link on the Terra Classic (LUNC and USTC) profiles in third-party websites.

Abstain – I have no opinion.

6. Voting result: If this proposal is accepted:

  • Allnodes is requested to change the link on Coinmarketcap.
  • This discussion also becomes an official statement of the Terra Classic community and, at the same time, a request to third parties controlling Terra Classic profiles (LUNC and USTC) like CoinGecko or Exchanges websites (and many more), to which the community does not have editing access, to change the indicated link.

7. Final notes:

This proposal focuses on straightforward and non-controversial improvements that can quickly enhance the visibility and technical usability of the Terra Classic ecosystem. This change is designed to promote transparency, attract new investors, encourage developers, and ultimately contribute to the growth of the Terra Classic blockchain.

PS. The author of the site refrains from making future requests for funding for the development of this site.

The exception is a situation in which the bandwidth limit (10gb in the current Framer “Mini” plan, fully paid by the creator) is exceeded, which will result in the need to increase the plan to Basic or Pro and additional costs. Information about these potentially small costs can be found on the Framer website (https://www.framer.com/pricing). In the event of a need to increase the plan, due to the low level of costs, there is a good chance that it will be possible to finance these activities with the help of good-natured validators and creators of L2 projects, without the need for a spend proposal.

READ THE PROPOSAL HERE

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