The Terra team announced via Twitter on Wednesday that it has launched its Terra Base Camp in partnership with Outlier Ventures. Terra said Base Camp is a 12-week accelerator program for builders in Web3 pursuing projects in various facets including DeFi, NFTs, Gaming, Middleware, and Infra + Dev Tooling.
Terra is an algorithmic stablecoin platform operating on a Proof of Stake (PoS) blockchain infrastructure built with Tendermint.
LUNA, the native token of the Terra ecosystem, is up by more than 4% in the last 24 hours and is trading at $86.99 at press time.