Those who have knowledge about cryptocurrency must know about Terra luna Coin. If you are new to crypto currency then you would not know about Terra Luna Coin. In today’s article, you will get information about Terra Luna Coin, Terra Luna Founder, Luna Crypto Price, Do Kwon Net Worth.
Who is Do Kwon ?
Do Kwon is just 31 years old. He was born on 6 September 1991 in Seoul, South Korea. Do Kwon’s full name is Kwon Do-hyung. He was educated at Daewon Foreign Language High School and Stanford University. Do Kwon was a software engineer in Microsoft and Apple in his early days. In the year 2018, Do Kwon and Daniel Shin founded Terraform Labs. Do Kwon is the CO – Founder of this company.
Basic Information | |
Name | Do Kwon |
Full Name | Kwon Do-hyung |
Occupation: | Cryptocurrency Developer |
Founded | Terraform Labs, Terra Luna, UST |
DOB | 6 September 1991 |
Age | 31 Years |
Nationality: | South Korean |
Education | Daewon Foreign Language High School, Stanford University (2015) |
What is Terra Luna Crypto ?
Terra is a decentralized platform that provides a stable cryptocurrency as well as financial infrastructure.Terra Luna is block chain technology. Terra USD is one of its biggest features. UST is an algorithmic stablecoin. Its function is to maintain a 1:1 peg with the US dollar. To prevent fluctuations in the value of Terra Luna, UST pegging was introduced which helps in making it a stable currency.
See Also – Best Cryptocurrency App in the World
Do Kwon Net Worth 2024
His estimated net worth is considered to be $10 billion. But both Terra Labs (LUNA) and UST companies collapsed recently due to which USD 45 billion disappeared into the air. This incident of Terra Luna crash happened in the month of May 2022. Do Kwon automatically lost the entire property.
Luna Crypto Price
The price of Terra is going down. Sometimes ups and downs can also be seen in this. Today when I am writing this article luna crypto price is $ 1.98 USD. It is down 5.62% in the last 24 hours.
Bottom Line
Do Kwon said in an interview “I am the only one responsible for the accident” He also said “I never thought what could happen to me if it fails”. He was also expressing sorrow for those whose money got drowned in Terra Luna. What is your opinion about this, do tell us in the comment.
1 thought on “Terra Luna Founder Do Kwon Net Worth 2024”