Tag: Terra (LUNA)
Terra (LUNA) was invented by the South Korean company Terraform Labs. The company was founded in 2018 by entrepreneurs Daniel Sin and Do Kwon.
Xing previously worked on the Ticket Monster project, a South Korean online ticket booking service estimated at $1.7 billion.
LUNA is a native token of the Terra blockchain, which is based on an algorithmic stablecoin (that is, a stablecoin that regulates its supply on the market using an algorithm). The creators conceived Terra not just as another blockchain, but as a full-fledged financial and technological system with an eye on business.