Review on Terra by Bünyamin Sevinç
The innovation of the economic model: Terra
I'm going to talk about another project today. The name of the project I'm going to talk about is Terra.
The project focuses on blockchain related business. I liked the design very much. The design is composed of coins combined in a sophisticated way. In addition, I can say that their teams are very experienced because they all have an excellent history.
The project has gained more users each time. And I can say that it survived a few crises. The highlight of the project is that it creates another cryptocurrency. Its name is Luna. And they also developed a separate mining system for Luna.
In addition to the monetary system, they also plan to create a Dapp platform to keep the project growing.
They have an innovative system. I can say that it is very innovative for the project to be fixed with different currencies.
As I mentioned at the beginning, they consist of a good team. Because all of the members are from world-renowned universities.
As a result, algorithms, smart contracts, etc. to gain control over project currencies. is to create a "central bank". Additionally, Terra's design is undoubtedly ingenious. And their team is at a level that we can call ingenious. The last sentence is the innovation of the Terra economic model.
Pros
- Great design
- It consists of experienced team members
- A separate mining system for the currency it creates
- An innovative system
- Various algorithms, smart contracts
Cons
- Not for now
New products
Comments (1)
November 21, 2020
The Terra project has become a very fast growing system. Of course, it is very important for its founders to know the crypto money market. By creating smart contracts, both users and project owners win. This increases the attractiveness to the system.
