Review on Terra by Mayra Coba
TERRA and LUNA cryptocurrency for well-designed blockchain business projects
This ecosystem will allow us to make transactions safely to buy goods and services. In addition, we have the possibility to exchange fiat and digital money due to the fact that it uses blockchain technology for financial operations. The platform gives rise to stable cryptocurrencies, whose price is anchored to some fiat currency to guarantee stability in the price of the payment ecosystem and give stability by completely changing the traditional merchandise between conventional and cryptographic payments. The US dollar is present and also IMF currencies. The cryptocurrency that is used on the platform is for the guarantee of balance in the stable cryptocurrencies that are in such chain.
In general, it is a centralized project in blockchain businesses with an incredible design composed of stable cryptocurrencies and also has a highly ingenious team with extensive experience and trajectory over time.
Pros
- Possibility of exchanging both digital and fiat money.
- Ecosystem based on stable cryptocurrencies that are anchored to a fiat currency.
- Project with a good design and objective in blockchain business.
- There are no intermediaries.
Cons
- There is nothing negative to say about it.
