If Bitcoin’s contribution to cryptocurrency was immutability, and Ethereum expressivity, our
value-add will be usability. The potential applications of Terra are immense. Immediately, we foresee
Terra being used as a medium-of-exchange in online payments, allowing people to transact freely at
a fraction of the fees charged by other payment methods. As the world starts to become more and
more decentralized, we see Terra being used as a dApp platform where price-stable token economies
are built on Terra. Terra is looking to become the first usable currency and stability platform
on the blockchain, unlocking the power of decentralization for mainstream users, merchants, and
developers.