• Terra’s new $150M Ecosystem Fund
• Top and Promising Investors Backing the Blockchain Space
• Manifest vision for apps, protocols, and tooling on Terra.

Terra is transforming the cryptocurrency space.  The economics and adoption of the ecosystem are growing, and the structure is unprecedented.

Terra has recently introduced Terra’s new $150M Ecosystem Fund, which propels Terra towards its next adoption phase, augmenting an accessible, cross-chain DeFi super system targeting mainstream adoption further supported by the amazing LUNA-tic community.

Further expressing that the onset of dozens of projects on Terra has induced the need to bolster the ecosystem’s capital and resource base to support its exponential growth effectively, culminating in the Ecosystem Fund to guide the development of Terra towards a brighter future.

The Ecosystem Fund serves as a Capital Foundation for builders to access the resources of the industry’s leading investors to manifest their vision for apps, protocols, and tooling on Terra. Accepted applicants will unlock a line of communication with the ensemble of investors.

The Terra Ecosystem Fund is supported by capital commitments of $150 million from an all-star team of investors: Arrington XRP Capital, BlockTower Capital, Delphi Digital, Galaxy Digital; Hashed; Light Speed; Pantera Capital; and ParaFi Capital.

The prospective projects are set to follow the qualifying standards and guidelines for submitting an application: To build a protocol or application directly on the Terra blockchain or Use Terra assets (e.g., UST, mAssets, aUST, ANC, MIR, etc.) in a meaningful way.

More developers are welcomed at the Terra community to build.  Therefore, developers are free to submit their applications to pioneer the future of finance further together. They are more excited about what the future holds for Terra.

The whole funding process is exciting because it is very promising, and top investors in the Blockchain space are backing the ecosystem.

Someone said: I have my long-term bags secured and funds in UST.  I will wait as long as I need to for this market to turn. Until then, only smart moves with minimal risk. When the market improves, we all eat.

The discussion in the community continues:  How many bull runs have you been through? Why do you think it’s a good idea to hold any bags right now? Just praying the market moons within a few months?

Why is UST not on major exchanges? I hope to see it gain popularity everywhere for purposes other than the low-risk investment.

The $150M is all set to augment a rich ecosystem of capital partners to fund the Terra ecosystem. There had never been a better time to build on the Terra Blockchain.  The Ecosystem Fund serves as a capital foundation for builders to access the resources of the industry’s leading investors to manifest their vision for apps, protocols, & tooling on Terra.