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Terra Releases Short Documentary on the Stablecoin Ecosystem’s Evolution with $5K in NFTs Hidden in the Video | News

cryptonews100_tggfrn by cryptonews100_tggfrn
November 12, 2021
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Terraform Labs Set To Initiate Burn of 88,675,000 LUNA from Community Pool as Next Steps of Columbus 5 | News
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SEOUL, South Korea, Nov. 12, 2021 /PRNewswire-PRWeb/ — Terra releases a short documentary on the evolution of its international, stablecoin financial system with audio and visible clues hidden in the video for 24 savvy viewers to piece collectively for the probability of profitable an NFT. There might be one grand prize winner who might be awarded with a $5K-valued 1-1 NFT. There may also be twenty-four first prize winners of NFTs endowed with a particular, to-be-announced utility inside the Terra ecosystem.

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Do Kwon, Co-Founder and CEO of Terraform Labs (TFL), the group behind Terra, shared, “Making a decentralized cash that additionally allows builders to construct new purposes inside that ecosystem is the holy grail of cryptocurrency. We’re extremely excited to rejoice Terra’s journey of reaching that mission with this newly-released brief documentary. We additionally thought it could be enjoyable to reward viewers with the risk of profitable NFTs, if they’ll piece collectively the clues. This gamified movie is only one instance of what’s doable due to blockchain know-how.”

To look at the documentary and clear up clues to win NFTs, go to: https://www.terrahunters.com/

About Terra

Terra is an application-specific blockchain constructed on the Cosmos SDK and Tendermint consensus. The Terra protocol deploys a collection of algorithmic, fiat-pegged stablecoins underpinning a thriving DeFi ecosystem like Anchor, CHAI, and Mirror Protocol. LUNA, the native staking and governance asset of Terra, absorbs the short-term volatility of Terra’s stablecoins, with Terra’s stablecoin (e.g., UST) demand a operate of demand for Terra’s DeFi ecosystem — accruing worth to LUNA through seigniorage.

Media Contact

Nick Rodriguez, Melrose PR, (310) 260-7901, [email protected]

 

SOURCE Terra





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Tags: DocumentaryecosystemsEvolutionHiddenNewsNFTsReleasesshortStablecoinTerravideo
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