The story behind the Terra LUNA and UST coin collapse.

Explore the crucial moments behind this crypto crash and its ripple effect on the crypto ecosystem, crypto exchanges like Binance, and crypto markets (Bitcoin, Ethereum, and others). It’s one of the most significant events in cryptocurrency history so it’s a must-watch for crypto beginners and OGs.

Their innovative approach to blockchain finance captured the crypto world's attention, leading to rapid growth and collapse.

Once Upon a Coin explores the fascinating history of blockchain and cryptocurrency -

00:00 - Intro Music

00:36 - Introduction

01:01 - Genesis of Terra: Daniel Shin and Do Kwon's vision

01:29 - Launching Terraform Labs and the Terra platform

02:33 - Introduction of Terra's dual-token ecosystem: Luna and USD

03:24 - Early successes and funding rounds: Binance, Houbi, OKX

04:31 - Formation of the Terra Alliance and strategic partnerships: TMON, TIKI, Carousell, and Pomelo.

06:00 - Explosive growth and strategic initiatives in 2020: Nicholas Platias Anchor, Binance

09:05 - Signs of trouble: SEC and concerns over the ecosystem

12:18 - Collapse of Luna's price and the aftermath

14:27 - Attempts at recovery and the creation of Terra 2.0

15:58 - Legal repercussions and the arrest of co-founder Do Kwon.

17:29 - Conclusion and lessons learned

Join us as we uncover over 100 mini-documentaries about the most important events in crypto history. Make sure to like, subscribe, and leave your comments below.

Connect with @pinoyweb3tv on your most favorite social media platform!

Website: https://web3.tv/

Facebook: / itspinoyweb3tv

Instagram: / pinoyweb3tv

Tiktok: https://www.tiktok.com/@pinoyweb3tv?l

Twitter: / pinoyweb3tv

#Blockchain #creativity #web3gaming #Cryptocurrency #CryptoExchange #Blockchain #Bitcoin #newtechnology

#CryptoInnovation#BlockchainSecurity

#web3technology #DigitalAssets #tokenization #Pinoyweb3TV #web3tv

#Fomothefutureofmoney #Cryptostartups #Metaverse #innovation #onceuponacoin #nfts

The Rise and Fall of Terra - Crypto's Biggest Meltdown