VCID: 4448711
Main
Also known as
LUNA
Affiliations
Digital asset type
Blockchain-based payment network for the growing ecommerce market.
Blockchains
Blockchain
Smart contract
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Overview
Terra is an algorithmic stablecoin platform, operating on a Proof of Stake (PoS) blockchain infrastructure built with Tendermint. LUNA is the token of the Terra platform and is used in the issuance of stablecoins (TerraSDRs), as a price stability mechanism, as well as for staking and network governance.
Funding
Funding rounds
N/A USD 32,000,000
USD 32,000,000 (1 Aug 2018)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
#Hashed | Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. | South Korea | Initial investment. Round participant. |
|
1KX LP | Token angel fund. | Cayman Islands | Initial investment. Round participant. |
|
Arrington XRP Capital Fund LP | USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple. | United States | Initial investment. Round participant. |
|
Binance Labs | Blockchain technology incubator, focusing on pre-ICO projects and teams. | Hong Kong SAR China | Initial investment. Round participant. |
|
Dunamu | South Korea | Initial investment. Round participant. | |
|
FBG Capital | Digital asset management firm. | China | Initial investment. Round participant. |
|
Huobi Capital | The investment arm of the Huobi cryptocurrency exchange. | China | Initial investment. Round participant. |
|
Kenetic Capital Ltd | Venture capital fund investing in equity of Series A / B blockchain technology companies. | Hong Kong SAR China | Initial investment. Round participant. |
|
OKEX Technology Company Ltd | Cryptocurrency exchange. | Belize | Initial investment. Round participant. |
|
Polychain Capital LLC | Hedge fund investing in cryptocurrencies. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Coinbase Ventures | The corporate venturing arm of Coinbase investing in companies building the open financial system. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Pantera Capital Management LP | Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
HashKey Capital | Institutional asset manager investing exclusively in blockchain technology and digital assets. | Hong Kong SAR China | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Divergence Digital Currency Management LLC | Initial investment. Round participant. |
