LUNA is a noninflationary stablecoin minted by Terraform Labs and used as a native asset on the Terra blockchain.
Terra was founded in January 2018 by Daniel Shin and Do Kwon. Kwon took on the position of CEO of Terraform Labs, the company behind Terra.
Prior to developing Terra, Shin co-founded and headed Ticket Monster, otherwise known as TMON — a major South Korean e-commerce platform. He later co-founded Fast Track Asia, a startup incubator working with entrepreneurs to build fully functional companies.
Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. He has also worked as a software engineer for Microsoft and Apple.
Decentralized Autonomous Organization Terra has become an official partner of the Washington Nationals.