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internet, 14.05.2022

SCH.AM: Statement on the UST/Terra Situation

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“Terra was definitely a significant part of the Cosmos ecosystem. And on its scale, it proved the technical efficiency of the technology used. In terms of speed, cost and reliability of transactions, as well as the ability to build a complex and efficient seamless ecosystem. So in the long term, we’re still strong bullish on IBCGang. And the fact that the ponzinomics didn’t match up — we’re still in the economic experimentation stage, neither they’re the first nor they’re the last.”

Press office SCH Group
Media Hotline: pr@sch.group
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