Terra has attracted seed funding of up to 36 billion won ($ 32 million).
The eye-catcher is that four major exchanges, including Binary Lab, OKEx, Huovi Capital, Doosan & Partners, have participated in the investment. Of course, in addition to these exchanges, they also named Polychain Capital, FBG Capital, Hashid, 1kx, Kenneth Capital, Arlington XRP Capital, TransLink Capital, and Neo Fly.
Tera will create a block-chain-based payment solution that can be used in real-life with the money. We will grow the block chain-based payment system in conjunction with the e-commerce platform. To this end, Terra is building a Terra Alliance, including a partnership with 15 Asian companies including Timon and the nation of deliveries, Quiten, Carousel and Turkey. The transaction amounted to 28.6 trillion won and secured 40 million customers.
The foreigner says Terra is targeting the Ali Pei block chain version. Shin Hyun-sung, co-founder of Terra Co, stressed that the e-commerce platform landscape could be reversed if a terra payment system beta test is scheduled to be conducted in the fourth quarter of this year and providing fast and safe transactions at lower fees. In the long term, it will be applied to all types of financial products, including loans and insurance, beyond e-commerce.
Tera is making a blueprint to release stable stableboys and to evolve into an open platform by introducing a financial ad (dApp). More information about Tera can be found here .