Terra Luna LUNA
Report Issueprice-stable cryptocurrency designed for mass adoption. We are building the financial infrastructure for the next generation of decentralized applications. Luna, as the native staking asset from which the Terra stablecoin family derives its stability, utility and value, acts as the collateral for the entire Terra economy and as the staking token that secures the PoS network.
Details
$0.144
-3.08%
#313
Finance
ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
$0.14 -3.08%
$0.8
LUNATerra Luna
USDCUSD Coin
Fantom
Short Review Terra Luna
Crypto project Terra Luna (LUNA) is classified as a Finance. Terra Luna is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.05 B LUNA (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of 77.50 M LUNA (9.47% of total tokens) have been allocated for the public sale. The level of social activity of the Terra Luna project is assessed as Medium.
Terra Luna ICO Overview
Estimated date for the public token sale: 7 March 2019. Terra Luna (LUNA) price during the token sale: 0.8 USD. You can purchase project tokens for ETH
LUNA Price Chart
The launch of LUNA token trading took place on 21 January 2020.
Fundraising Rounds
Total sold 295.63 M LUNC tokens ( of total tokens). Total amount of funds raised by the Terra Luna project is $134.50 M.
| Investment Round | Date | Price | Funds Raised |
| Venture Round | January 26, 2021 | -- | $25.00 M |
| Public Sale (ICO) | January 30, 2019 | $0.80 | $62.00 M |
| Private Sale | October 2, 2018 | $0.80 | $14.50 M |
| Seed Round | October 1, 2018 | $0.23 | $23.00 M |
| Pre-seed | May 1, 2018 | $0.10 | $10.00 M |
Terra Luna Investors
1kx Tier 1
Binance Tier 1
Coinbase Ventures Tier 1
Jump Crypto Tier 1
Polychain Capital Tier 1
Arrington XRP Tier 2
FBG Capital Tier 2
Galaxy Digital Tier 2
Hashed Tier 2Terra cryptocurrency (LUNA)
LUNA is the Terra network’s own coin . This blockchain specializes in creating stablecoins that are convertible into LUNA. It can be used to pay fees, link stablecoins, stakes, and participate in governance. Users can receive rewards for staking. The LUNA token is used to ensure network stability. An important feature of the Terra project is the ability to link stablecoins to various fiat currencies. Anyone can propose a new stablecoin. Terra stablecoins can be used for payments. They are easily exchanged for any currency. Terra has performed incredibly well so far, and the project is believed to have the potential to build an alternative global banking system.
Terra (LUNA) Overview
Terra grew out of the startup Terraform Labs in 2018. It has two co-founders, Do Kwon and Daniel Shin. Initially, they wanted to find a solution to the problem of cryptocurrency volatility and thus take the adoption of cryptocurrencies to the next level. Adoption is notoriously slow for several reasons:
- The need to educate people about cryptocurrency
- Low demand
- High volatility
- Monetary PolicyThe founders of the Terra protocol believe that they can bring an elastic monetary policy to the crypto world that will maintain price stability. Moreover, they are confident that implementing effective fiscal policies will stimulate adoption. All the ideas that the team has are described in the project’s white paper.
Advantages of Terra (LUNA)
There are a number of advantages that can attract users to project. Let's take a closer look at them.
- The Terra project solves problems. It is no secret that Cryptomir is developing and, undoubtedly, is trying to solve all the problems that arise along the way. Terra provides solutions for some of the most significant ones, as written in the whitepaper.
- User-friendly application. Terra provides user-friendly desktop and mobile applications.
- < b>Wallet support. The LUNA token is supported by a large number of wallets, which makes using this cryptocurrency more convenient.
- Exchange support. Exchange support Many exchanges support LUNA, which definitely helps speed up the implementation process.
Disadvantages of Terra (LUNA)
- Fees. The team is trying to reduce the commission , however, some users may argue that the fees are quite high.
- Cryptocurrency regulations. Some users believe that possible regulation of cryptocurrency in the future could negatively impact the acceptance of an alternative financial system. li>
