The Work Index by Flexa

Terraform Labs

Terraform Labs is a company that develops and maintains the Terra blockchain, an open-source, public blockchain hosting a vibrant ecosystem of decentralized applications and services.

https://www.terra.money/
4.3

/10

Transparency ranking

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Description

Terraform Labs is the company behind the Terra blockchain, an open-source, public blockchain designed to host a vibrant ecosystem of decentralized applications (dApps) and offer cutting-edge developer tools. The Terra blockchain is built on the Cosmos SDK and Tendermint consensus, making it fast and secure. Terra's native cryptocurrency, LUNA, is used for governance and in mining, with users earning rewards by staking LUNA to validators who record and verify transactions.

Terraform Labs actively fosters a passionate developer community, providing comprehensive documentation, tutorials, and a range of development tools like Terrain and LocalTerra. The company is committed to building a permissionless, borderless financial ecosystem that empowers individuals and businesses to create and use next-generation financial products.

Mission

Terra is an open-source, public blockchain that aims to create a vibrant and expanding ecosystem of applications. Its mission is to empower developers and users with cutting-edge tools and resources to build and interact with the next generation of Web3 products and services. Terra's focus on accessibility, speed, and security makes it a compelling platform for building decentralized financial applications, games, and NFTs, while its passionate community and robust development suite foster a collaborative and innovative environment.

Disruptor

Culture

Terraform Labs promotes a vibrant and passionate culture, emphasizing community engagement and developer-centricity. They cultivate a supportive environment where individuals can contribute to the growth of the Terra ecosystem, fostering a sense of collaboration and shared ownership. This is reflected in their use of the hashtag #LUNAtic, which signifies a dedicated and enthusiastic community united by a common purpose. The company values open-source contributions and offers extensive resources for developers to build innovative Web3 products and services.

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