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Do Kwon Resurfaces to Correct Misinformation and Falsehood Making the Rounds about Terra

Do Kwon, the founder and CEO of Terraform Labs, has recently taken to Twitter to correct all misinformation making the rounds since the devastating collapse of the Terra ecosystem became apparent.

In a series of tweets today, Kwon stated that the team has been busy working to make the new blockchain (Terra 2.0) conducive for everyone, especially the developers.

Whale Alert

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He also spoke about misinformation and falsehood that are currently making the rounds across the media, stating that they are working to correct every misinformation.

He further stated that Terraform Labs “consciously bowed out of airdrop allocations” to prove that Terra 2.0 blockchain is community-driven.

Do Kwon noted:

“While most of our efforts had been spent on Terra 2.0 and making sure ecosystem developers can find a home after the depeg incident, we will soon be more proactive in communicating with the press & getting the right information out there.

“There’s a lot of misinformation and falsehood out there, and we promise to do our part in making sure as much of it is correct as possible. A few tips to help us engage:

“First, TFL’s official media inquiry channel is comms at terra.money – many people have been messaging us in various languages, but if it is not in English we just wouldn’t have the linguistics capability to respond.

Read Also: Terraform Labs Employee: Do Kwon Launched Terra (LUNA) Despite Warnings of Possible Collapse

“Second, there have been many hearsay reports about “core developers” offering expert interviews about Terra’s mechanisms. Open source development is transparent, and I would urge media to check if a single line of code by your “experts” has ever made it into production for Terra Core, Anchor, or any other essential services and if they’ve not made any contributions during their internship, would double and triple check the validity of their expert opinion.

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“Lastly, while TFL intends to continue supporting and building on the Terra 2.0 network, it is not by any means a “TFL-led” chain – we consciously bowed out of airdrop allocations and all the decisions are being made by various community groups, albeit in a rocky fashion.

“I remain excited by the continued passion and ingenuity of Terra’s builders as the community navigates this difficult time – let’s leave them alone to build.”


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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