The Cosmos Multisig Wallet levels up shared account management: real security, real control.
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Sanjay P. ⚡
The ‘GENIUS Act’ shakes the power of @Tether_to and could change the world of Stablecoins forever. The cryptocurrency industry is entering a major turning point in history as Stablecoins are about to have official regulations through a law called the "GENIUS Act" or Guiding and Establishing National Innovation for U.S. Stablecoins. This is a significant matter that cannot be overlooked. Today, I will summarize it for you. 🧵👇
For crypto startup teams, the crypto playbook beyond public chain technology and ecosystem support are also important considerations.
The ecosystem support needed for crypto projects includes but is not limited to:
Fundraising, such as early funding aimed at developers or startup teams, growth funding for multi-chain teams, business incubation, TGE, support from exchanges or other liquidity platforms.
Marketing,
Media resources, such as social media, news, podcasts, and blog resources of public chains,
KOL matrix, specifically referring to public chain OGs rather than agencies. 😅
Events, various types of online and offline activities aimed at users, developers, and holders.
Cognition,
Guiding the atmosphere of the public chain community, for example, ETH, SOL, APT, and STRK have completely different atmospheres, which will also affect the methods/processes of doing things.
Evangelizing the ecosystem and technology, understanding the current state of the ecosystem of this chain, future plans, and key support directions, identifying potential opportunities/narratives, and understanding the technology stack/reserves and existing gaps.
For example, what gaps exist in AI, zk, and payment aspects?
Community, user community, developer community, many groups need to be brought in.
Connections, similar to the community, the difference is that there are more one-on-one introductions and endorsements, such as connections with exchanges/VCs/whales.
starzq.eth | day1global.xyz & web3brand.io
If Virtuals is the new angel investment
1. The @virtuals_io Genesis Launch has already proven to work for small teams, such as @niyoko_agent, @BasisOS, and @AIxVC_Axelrod.
2. To attract projects with an FDV potential of 1bn - 100bn, it is essential to understand what they need.
A Story from @Jason:
Jason was the third angel investor in Uber, investing $25,000 at a $4 million valuation in 2010, and today his investment return is nearly 50,000 times.
Did Kalanick lack this $25,000? At that time, he had already sold a company and was also doing angel investing. What he valued was Jason's media resources and extensive network:
- The newsletter Inside, founded by Jason for the tech community, has 300,000 subscribers, covering almost all of the venture capital circle at that time.
- How impressive is Jason's network? During his startup, he attracted Fred Wilson's wife, the founder of USV, to be his partner; when Musk wanted to spend $44 billion to acquire Twitter, Jason got his friends to each invest $250,000 to support Musk.
Jason also wrote a book about his experiences, "Angel: How to Invest in Technology Startups."
An example from the Crypto field:
Last year, @calilyliu invited @DrPayFi and @humafinance to transition from the EVM ecosystem to the Solana ecosystem, providing assistance that included:
- Building the PayFi narrative and Huma Finance's influence in the PayFi sector.
- Introducing LPs and various upstream and downstream resources.
- ...
@DrPayFi and @0xErbil are both star entrepreneurs from Web2. Richard sold his company to Facebook, and Erbil is a judge for the Peter Thiel Fellowship (Vitalik was one of the interviewers!).
Do they lack money or VCs? I remember the angel round was at a $40 million valuation.
But Lily Liu and the Solana Foundation can provide them with a Crypto Playbook, which is very valuable assistance for them.
Back to the point, if Virtuals wants to attract projects with the potential to reach 1bn, investing $100,000 (42k $Virtual) at a $5 million valuation, what do these project parties see in Virtuals?
Welcome to discuss.
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Terra price performance in USD
The current price of Terra is $0.14500. Over the last 24 hours, Terra has increased by +0.35%. It currently has a circulating supply of 687,660,230 LUNA and a maximum supply of 1,078,518,456 LUNA, giving it a fully diluted market cap of $99.71M. At present, Terra holds the 148 position in market cap rankings. The Terra/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Following its inception, the Terra 2.0 ecosystem has launched 44 distinct projects encompassing various sectors, such as finance, non-fungible tokens (NFTs), and gaming.
Terra is an open-source blockchain platform fostering an extensive ecosystem comprising decentralized applications (dApps) and developer tools. Leveraging the underlying Cosmos (ATOM) blockchain framework, Terra has achieved remarkable speed, positioning itself as one of the swiftest blockchains available, capable of processing up to 10,000 transactions per second (TPS).
The Terra team
Daniel Shin and Do Kwon launched the original Terra project in January 2018. As a result of the 2022 collapse, Do Kwon issued a revival plan that led to the creation of Terra 2.0 and Terra Classic blockchains. Now, Terra is a community-owned blockchain where decisions are reached via decentralized voting.
How does Terra work
Following the blockchain fork in May 2022, Terra embarked on a new journey known as Genesis, where the network was built from scratch. Terra’s primary objective is to construct a permissionless and borderless digital economy that can support the next wave of innovative financial products. Leveraging frameworks from the Cosmos blockchain, Terra has achieved a remarkable level of throughput, enabling high transaction processing capacity.
Terra maintains compatibility with the Cosmos ecosystem by retaining the Cosmos SDK (software development kit), empowering developers to create high-performance dApps on the Terra chain. To optimize and enhance the core functionality of the network, Terra employs a unique set of codes referred to as Mantlemint.
These codes enable Terra to deliver a fast and optimized experience, efficiently serving a substantial number of user queries. As outlined in the Terra white paper, a Mantlemint node is capable of performing three to four times more queries than a standard Secret Node.
In terms of consensus mechanism, Terra utilizes a distinctive approach called Tendermint, which relies on a proprietary Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) infrastructure. This consensus mechanism leverages partially synchronous communication to ensure agreement among network participants, facilitating secure and efficient consensus within the Terra ecosystem.
The native token of the Terra 2.0 Ecosystem: LUNA
LUNA is the native token of the new Terra or Terra 2.0 blockchain. It is used for decentralized governance of the Terra 2.0 ecosystem. LUNA holders are given the right to vote on decisions that influence the future of the platform, making them stakeholders in Terra's ecosystem.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 8.8K new posts about Terra, driven by 5.9K contributors, and total online engagement reached 14M social interactions. The sentiment score for Terra currently stands at 81%. Compared to all cryptocurrencies, post volume for Terra currently ranks at 931. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Terra.
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Posts
8,779
Contributors
5,868
Interactions
14,102,902
Sentiment
81%
Volume rank
#931
X
Posts
2,690
Interactions
2,338,310
Sentiment
73%
Terra FAQ
How much is 1 Terra worth today?
Currently, one Terra is worth $0.14500. For answers and insight into Terra's price action, you're in the right place. Explore the latest Terra charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Terra, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Terra have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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