Terra Luna Founder Do Kwon Net Worth 2024

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 NameKwon Do-hyung
Occupation:Cryptocurrency Developer
FoundedTerraform Labs, Terra Luna, UST
DOB6 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.

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