Terra

Introduction

Terra was founded in 2018 by Daniel Shin and Do Kwon. It has its headquarter in Seoul, South Korea. A podcast by one of its co-founder and CEO, Do Kwon, explains why Terra is a complete ecosystem for the future of finance.

Terra is a price-stable cryptocurrency designed for mass adoption. It builds financial infrastructure for the next generation of decentralized applications. It is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.

Terra is backed by Luna, a decentralized asset that derives its value from transaction fees collected on the Terra network. Much like the moon stabilizes the earth’s rotation, Luna is Terra's eternal guardian of stability.

Mission

Spend, Save, and Stake Like Never Before

Why Terra?

The Terra blockchain is unique because it is able to host a multitude of algorithmic stable coins on its network.

The Terra protocol is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of open market arbitrage incentives and decentralized Oracle voting, the Terra protocol creates stablecoins that consistently track the price of any fiat currency.

Funding

💡

Terra has raised a total of $58M in funding over 15 rounds and is funded by 31 investors.

Below, are the details of the different rounds of funding received by Terra.

Funding Round	Money Raised	Number of Investors	Lead Investors
Venture Round	$25M	6	Galaxy Digital
Secondary Market	-	4	-
Corporate Round	-	1	Hashkey
Corporate Round	-	2	LuneX Ventures
Venture Round	-	1	-
Seed Round	$1M	-	-
Corporate Round	-	2	Kakao Ventures
Corporate Round	-	1	-
Initial Coin Offering	-	2	-
Seed Round	-	2	-
Seed Round	$32M	13	Binance Dunamu Huobi Capital OKEx
Initial Coin Offering	-	-
Seed Round	-	1
Funding Round	-	-
Funding Round	-	1

Acquisitions

💡

Terra has made no acquisitions yet.

News & Media

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Contact Details

Introduction

Terra was founded in 2018 by Daniel Shin and Do Kwon. It has its headquarter in Seoul, South Korea. A podcast by one of its co-founder and CEO, Do Kwon, explains why Terra is a complete ecosystem for the future of finance.

Terra is a price-stable cryptocurrency designed for mass adoption. It builds financial infrastructure for the next generation of decentralized applications. It is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.

Terra is backed by Luna, a decentralized asset that derives its value from transaction fees collected on the Terra network. Much like the moon stabilizes the earth’s rotation, Luna is Terra's eternal guardian of stability.

Why Terra?

The Terra blockchain is unique because it is able to host a multitude of algorithmic stable coins on its network.

The Terra protocol is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of open market arbitrage incentives and decentralized Oracle voting, the Terra protocol creates stablecoins that consistently track the price of any fiat currency.

Funding

💡

Terra has raised a total of $58M in funding over 15 rounds and is funded by 31 investors.

Below, are the details of the different rounds of funding received by Terra.

Funding Round	Money Raised	Number of Investors	Lead Investors
Venture Round	$25M	6	Galaxy Digital
Secondary Market	-	4	-
Corporate Round	-	1	Hashkey
Corporate Round	-	2	LuneX Ventures
Venture Round	-	1	-
Seed Round	$1M	-	-
Corporate Round	-	2	Kakao Ventures
Corporate Round	-	1	-
Initial Coin Offering	-	2	-
Seed Round	-	2	-
Seed Round	$32M	13	Binance Dunamu Huobi Capital OKEx
Initial Coin Offering	-	-
Seed Round	-	1
Funding Round	-	-
Funding Round	-	1