Do Kwon Terra biography, net worth, career, age, education and more
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Do Kwon Terra biography, net worth, career, age, education and more
Read all about Do Kwon biography and net worth.
Do Kwon is most commonly known as the co-founder of Terra. Terraform labs operates the Terra blockchain ecosystem, which is powered by its native LUNA token.
Terra raised $32 million from crypto giants such as binance Arrignton XRP and polychain Capital.
Born on the 6th of September 1991, Kwon is a cryptocurrency investor and has made several personal multi-million dollar investments in crypto-centric firms such as flint, iron fish, pSTAKE and ape board.
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The below is the profile of Terra Founder Do Kwon:
Do Kwon profile
Name: Do Kwon
Date of birth: September 6th 1991
Age: 30 years’ old
Occupation: CEO, investor
Country: South Korea
Net worth: N/A
Do Kwon biography
Do kwon was born on the 6th of September 1991 in south korea. He is most popularly known for Terra which is powered by LUNA.
Terra uses blockchain technology to develop a more efficient payment system, its stablecoin attracted 40 million users to work with the company at launch in January 2018.
Terra raised $32 million from crypto giants such as binance Arrignton XRP and polychain Capital.
The Terra blockchain is built on Cosmos SDK, a framework that allows developers to create a custome blockchain and build their own decentralized applications on top of Terra for various Use cases.
The Terra ecosystem contains more than 100 of natively built projects, including NFTs, DeFi platforms and Web 3 applications.
Terra also mints LUNA, which is used as a native asset on the Terra blockchain, it deploys a system of stable coins, most popularly TerraUSD (UST).
UST tracks the price of US dollars whereby one UST token hovers closely around the $1 mark, it achieves its peg to the dollar through the use of the ecosystem’s other token LUNA.
Do Kwon education
Do Kwon studied Computer Science at Stanford University and received his bachelor’s degree in 2015.
Do Kwon career
Do Kwon worked with Apple & Microsoft briefly as an Engineer. He founded the Telecommunication company Anyfi, which is a peer to peer communications solution using mesh network technology.
He founded Terraform in 2018 which uses blockchain technology to develop a more efficient payment system.
Kwon has made several personal multi-million dollar investments in crypto-centric firms such as flint, iron fish, pSTAKE and ape board.
In May 2022, TerraUSD (UST) lost its dollar peg and fell to as low as $0.30, this sparked a sell-off of the native token LUNA, which plunged 98% from its value.
Do Kwon net worth
Do Kwon net worth has not yet been estimated. He was featured in Forbes “30 under 30” in 2019.
Frequently asked questions (FAQs)
How old is Do Kwon?
Do Kwon is 30 years old.
What is Do Kwon net worth?
Do Kwon net worth has not yet been estimated. He was featured in Forbes “30 under 30” in 2019.
Conclusion
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