Terra 2021 annual report and weather 2022

2021 will be a year to remember for the entire cryptocurrency market. Coin98 recently implemented an annual review for 2021.

This row is Terra's 2021 annual report. The report includes the most important events for Terra in 2021, the main characteristics of Terra in 2021, the forecast for Terra in 2022, and more. ~

Terra inspection in 2021

how it started

In this article, we take a look at how Terra got started in January 2021. ~

1. Ecosystem overview

Let's take a look at LUNA, Terra's unique story, from 2021.

With $ 300 million in revenue in January, LUNA ranks ninth in market capitalization for tokens on another blockchain platform.

Founded in 2018 spanning the entire Terra ecosystem, Terra has launched a popular payment and savings app to help end users like CHAI and MemePay.

With a focus on developing applications for end users, improvements will continue through early 2021. Currently, Terra's major custom DeFi such as Anchor, Mirror, etc. have not happened. ~

2. Some key indicators for Terra at the start of 2021:

$ 500 million: UST trade cap, 6th over other fixed parts.

$ 15 million: UST packaging.

~ 20: Number of missions sent to Terra

$ 50M: TVL from Terra (via DeFi Llama).

2.37 million: all places are in the portfolio for Terra. ~

how to grow

As early as 2021, we see how Terra started and how will Terra change in a year?

1. Ecosystem overview

A year later, LUNA's sales reached $ 34 billion (a 113-fold increase from January 1, 2022). This drops LUNA's market capitalization ranking from 9th to 5th.

Terra Ecosystem (GDP 1)

Terra Ecosystem (GDP 2)

Terra Ecosystem (GDP 3)

The terra ecosystem has also seen tremendous growth. The number of jobs at Terra has grown from around 20 to almost 200 in just one year.

As it expanded, Terra repeatedly focused on improving ecosystems.

Initially, Terra focused on creating payments and deposits for end users who used UST as their default. Back then, Terra had a unique oriented ecosystem. Instead of creating a “competitive” DeFi group to attract crypto users, they are focusing on creating an ecosystem that works for both large-scale and crypto users. ~

However, in 2021, Terra will gradually expand its DeFi ecosystem in addition to end user applications. Starting with some major policies developed by Terraform Labs such as Anchor, Mirror, etc ... Terra now has several positions in several DeFi teams. Compared to other emerging ecosystems such as Ethereum and BSC, the number of jobs in Terra is still low, but jobs in Terra are a very viable and efficient option, reducing migration. .

At the end of 2021, a new model made its appearance on Terra: NFTs, metavers and games. It all started in August with the bursting of the NFT project for Terra, which at the time frequently raised concerns for the ecosystem. However, due to the rapid increase in NFT operations, the quality is not guaranteed. In addition, Terra's NFTs are of limited use. After Terra announced its entry into the Korean market, Terra's path became clearer. NFTs have been used in sport to support the success of this project in Terra. NFT, Metaverse and Gaming will be Terra's contractual areas in 2022. This area is in its infancy and the area is also funded by several VCs (Hashed, Chiron).

In addition, the whole market has passed at the end of 2021 and Terra continues to grow and break more records. To wrap up this wonderful year, let's take a look at some of Terra's beautiful numbers. ~

2. Some important steps for Terra by the end of 2021

$ 10 billion (20x): UST outperforms DAI in terms of capitalization compared to other fixed coins. ~

157 millions de dollars (10,5x) : pack UST. ~

~ 200 (10x): number of jobs sent to Terra.

$ 20 billion (400x): Terra's TVL (courtesy DeFi Llama).

3.35 million (1.4x): total Terra space in the wallet.

Significance for Terra in 2021

January

Terra has raised $ 25 million through Galaxy Digital, Coinbase Ventures and Pantera Capital. ~

February

LUNA is registered with OKEx.

Terra Station Wallet pulled out a cell phone.

Mars

Anchor released.

The DeFi Connect hackathon has been launched.

avril

MIR is listed on Binance.

Mirror Protocol reaches TVL $ 2 billion.

fought

LUNA lost 45% while BTC lost.

MIR is listed on Coinbase.

Matt Cantieri becomes Managing Director of Anchor Protocol.

Terra is involved in many activities in other ecosystems.

Anchor's TVL Reaches $ 1 Billion, Announces User Airdrop ~

June

Mirror V2 has been released. ~

Orion Saver Raises $ 1.7 Million in Seed Funding and Launches Orion Saver Alpha.

Terra is working with Bridge Mutual and Secret Network to expand the ecosystem.

The first IDO for Terra (MINE) was based on the Pylon protocol.

Terra organized a hackathon for the DeFi development team.

July

Relationships are provided through the Terra Bridge interface. ~

Launchpad of Terra (Pylon Protocol, Star Terra) started working as an IDO. ~

Orion Saber Alpha is out.

$ 150 million from top investors including Terra, Hashed, Delphi Digital, Arrington and more

UST landing between Polygon and Solana.

August

The Columbus-5 strategy is complete.

Apollo DAO pib kuaj alpha. ~

UST is available at Travala.com.

Hackathon Spacecamp pib.

September

Columbus-5 has been successfully completed.

LUNA and UST are listed in Gemini.

The plan for dawn has been announced.

There are several NFT publications published by Terra.

Kwon Do has been sued by the SEC for the broadcast mirror contract. However, since the mirror protocol is a DeFi protocol, it is difficult to continue because it is owned by the community and not by Kwon Do or Terraform Labs. In the interview, Do Kwon also expressed interest in working with management as it would help DeFi get to the point. However, there has to be a more open discussion to understand that DeFi has been run as it is. ~

October

Columbus 5 is out.

Enter Wormhole and IBC.

Hashed reported metaverse support for Terra.

November

LUNA has become an asset for Grayscale to consider. ~

Idea n ° 44 Burn 88M LUNA

Terra has taken the first step towards the Korean market.

Enter the Hackathon.

December

LUNA crossed the $ 100 mark.

Chiron is seeking a $ 50 million investment in Terra with a focus on DeFi, Metaverse and NFT.

UST market capitalization on DAI.

Growth of UST industry in 2021

UST et Binance, Huobi, ...

2022 estimates for the Terra ecosystem

2021 is the year to end Terra. So what can we expect from Terra in 2022? Here are three niche companies that are poised to be successful in Terra 2022:

Games / NFT / Metaverse: We have seen an explosion in NFT operations on Terra since August 2021, and in November Terra announced its entry into the Korean market. This episode of Terra is also sponsored by Terra's longtime partner Hashed. With all of these good catalysts, we can expect a breakthrough in sports / NFT / metaverse growth in Terra in 2022.

Derivatives: Terra's DeFi ecosystem is expected to grow exponentially in 2021, with operations in areas such as savings, loans, and more. However, commercial derivatives, one of the most popular commercial products among consumers, have yet to be developed. So, derivatives could be the next trend to look at in 2022 as Terra continues to grow.

Launchpad: With the development of new applications, the Terra ecosystem is growing rapidly, need a launchpad. Plus, with the addition of new features, people have joined Launchpad's IDO campaign. All of these will be the main drivers of Launchpad's success in 2022. ~