The terra_money ecosystem has a $40 million mystery on its hands. realDannyNelson thinks he’s cracked the code.
The Terra ecosystem has a mystery on its hands: Which professional sports team will be the recipient of nearly $40 million in crypto sponsorships?
Our whodunit begins late Jan. 31 with a tweet from Do Kwon, the founder of Terraform Labs and a key steward of a blockchain that now holds $12.5 billion in locked assets. He’s got a juicy pitch for his LUNAtics, as the network’s faithful go by: LUNA token holders will get to vote on greenlighting a professional U.S. sports sponsorship. A big one, too: 40 million UST.
If token holders were bothered by the informational disconnect they haven’t shown it. Over 98% of participating token allotments were in favor of moving forward with about four hours left on the clock. Baseball fits better than any other league. Only in baseball do broadcasters regularly capture off-field action because only in baseball do the cameras return to one point: home plate.
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