The Creator of a leading online marketplace in South Korea, TMON the Daniel Tire in partnership with market players e-Commerce Woowa Brothers, Qoo10, Carousell, Pomelo and TIKI joined the Terra Alliance. This group of sites intended to implement stablon Terra to your business. It is noteworthy that the bitcoin exchange Binance already invested in the development of the project, according to CoinDesk.
“We’ve gathered together all of an e-Commerce platform in Asia that is not called Alibaba or Amazon to provide consumers with Terra” — said Shin.
The funding round also participated Polychain Capital, Capital FBG, Hashed, 1kx, Kenetic Capital and Arrington XRP Capital. In the end, the project has collected about $32 million.
Note that the Protocol Terra involves the use of two tokens: actually Luna and Terra. The first will fulfill a security role to stabilize prices against Fiat, while the second is a daily means of payment. With this small transaction fees on the network, Terra will flow to holders of Luna.
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