Join the KuCoin AMA with Terra, 11,000 LUNA to Give Away!

2020/06/24 18:29:09

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Dear KuCoin Users,

Starting at 19:00 on Tuesday, June 30, 2020 (UTC+8), in the KuCoin Exchange Telegram Group, we will be holding a KuCoin AMA (Ask-Me-Anything) session with Terra.

Our honored guest for the AMA —— Daniel Hwang, head of ecosystem development, manages ecosystem verticals of third-party development, validators, community, and research through operational support across internal and external stakeholders.

As someone who has worked with the general adoption of cryptocurrency from the extremes of digital and crypto natives to users exploring different options for remittances in Filipino fishing villages, he has had exposure to the many domains that can and have been impacted by the benefits of blockchain. His joining of Terraform Labs stemmed from understanding the problems that the developer communities have been working on. From Terra’s emphasis on exposure to non-crypto natives, he has been working to continue the mass adoption of Terra’s products from the CHAI payment app that has successfully reached more than a million users to many more products which will give users the opportunity to be exposed to this transformative technology.

Daniel graduated from Johns Hopkins University with a M.Eng. in Computer Science where he focused on cryptography and health technology applications. He also has bachelor's degrees in Computer Science from the University of Maryland, College Park and Biology and Religion from Swarthmore College. He currently supports an educational computer lab he built in the Philippines and got his start in cryptocurrency as a Dogecoin miner in 2013.

Introduction to Terra:

Terra is a blockchain protocol that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged, seigniorage share style stablecoins which are algorithmically stabilized by its native crypto asset, LUNA.

One part of Terra's value contributions, payments, in essence replaces the complicated payment value chain, including credit card networks, banks, and payment gateways with a single blockchain layer. With the efficiencies that Terra has provided for payment channels on both the merchant and consumer sides, it continues to steadily provide infrastructural improvements and tools that are laying down the foundations for a credibly neutral, distributed, and radically transparent ecosystem. Bolstered through the initial mass adoption of Terra's blockchain infrastructure that is powering its partner, CHAI, which has amassed over 1.4 million users to date, Terra is moving naturally towards ecosystem building that offers competitive programmable payments, logistics, and infrastructure to power the plethora of industry that will be built on efficiency and scale.

Terra was created in January 2018 with the singular vision of facilitating the mass adoption of cryptocurrencies by creating digitally native assets that are price-stable against the world's major fiat currencies. Keeping in mind that previous innovations in the technology of money was bootstrapped by large payment networks (Alipay with Taobao, PayPal with eBay, Visa with banks), Terra was born with the support of the Terra Alliance, 15 large e-commerce companies in Asia that collectively process 25 billion USD in annualized transaction volume and 45 million users. The vision of the project is that with the adoption and user engagement of a massive payment network, it will be able to, for the first time, bootstrap a blockchain payment network to the scale it deserves and facilitate far more powerful products and use cases through its infrastructure.

During conversations between co-founders Daniel Shin and Do Kwon, the concept of Terra began as a solution towards immediate and massive usage of the cryptocurrency and blockchain infrastructure being built around them. To them, price stability and adoption were important in preparing the first steps towards massive adoption of cryptocurrency and blockchain infrastructure. Daniel Shin, with his extensive experience in building one of the biggest e-commerce platforms in Asia, laid out the existing problems we face in payment networks that cannot be solved through just incremental improvements. Do Kwon, previously a founder of a wireless mesh network startup building decentralized applications, explained how Terra can turn those problems into an opportunity to build money from the ground up.

Giveaway Section:

1.4,000 LUNA will be presented to users as red envelope giveaways during or after the AMA session (including random and lucky red envelopes)!

2.Terra (LUNA) New User Retweet Campaign

Terra and KuCoin have prepared a 7,000 LUNA giveaway for 50 NEW KuCoin users.

Activity Period: 00:00 on June 24, 2020 (UTC+8)--00:00 on June 30, 2020 (UTC+8)

-Retweet this with the hashtags #Terra and #KuCoin

- Join the KuCoin Exchange Telegram group https://t.me/Kucoin_Exchange

- Follow @kucoincom and @terra_money on Twitter

- Register an account via the activity identity link on KuCoin

*The winner list will be announced in the KuCoin Exchange Telegram group, and the rewards will be distributed as an airdrop.

Official Website: https://terra.money

Whitepaper: Click to View