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Terra is a blockchain protocol and payment platform used for algorithmic stablecoins. The project was created in 2018 by Terraform Labs, a startup co-founded by Do Kwon and Daniel Shin. It was best known for its Terra stablecoin and the associated LUNA reserve asset cryptocurrency.
Terra is an open-source, public blockchain that hosts a vibrant and expanding ecosystem of applications. On Terra, you can build applications and organizations using the available suite of cutting-edge developer tools or try out existing apps simply by connecting a wallet.
Jan 22, 2024 · Terraform Labs, the company behind the $40bn collapse of terraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware, as its co-founder Do Kwon faces...
- Song Jung-A
In several modern Romance languages, Terra or Terre is the name of planet Earth. Earth is sometimes referred to as "Terra" by speakers of English to match post-classical Latin astronomical naming conventions, and to distinguish the planet from the soil covering part of it.
In this Korean name, the family name is Kwon. Kwon Do-Hyung[ 2 ] (Korean : 권도형; born 6 September 1991), commonly known as Do Kwon, is a South Korean former businessman and software engineer. He was the co-founder and CEO of Terraform Labs, the parent company of crashed stablecoin TerraUSD and cryptocurrency Luna. [ 3 ]
May 18, 2022 · Over the last week, the desks at the hacker house have emptied. A Telegram group called Rebuilding Terra, with nearly 200 members, has been actively discussing how to salvage projects and...
TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed. Do Kwon, the cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of...
