Terra Classic (originally just Terra) was created by Do Kwon and Daniel Shin, who co-founded Terraform Labs in 2018 to build a blockchain focused on price stability and usability, aiming to bridge traditional finance with crypto. Kwon served as CEO, leading the development that launched the LUNA token, but after the ecosystem's collapse in 2022, the original chain became Terra Classic (LUNC) while a new chain (LUNA 2.0) was launched, with the original founders facing legal issues for misleading investors.
LUNC
0.00004739
-16.46%
LUNA
0.1952
-5.79%