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internet, 14.05.2022

SCH.AM: Statement Regarding the UST/Terra Situation

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“The Terra project has undeniably been a significant component of the Cosmos ecosystem. Its impressive volumes have demonstrated the remarkable efficiency of the underlying technology in terms of transaction speed, cost, and reliability, along with its ability to cultivate a seamless and robust ecosystem. Therefore, we remain long-term bullish on IBCGang. The shortfalls in the economic model, as some might label it ’ponzinomics, ‘ are part of an ongoing stage of economic experimentation. Terra is neither the first nor will it be the last to face such challenges.”

infoSCH Asset Management, an anonimous venture capital fund, was established in 2017 within the digital realm. It specializes in providing financial support and guidance to projects dedicated to the advancement of web3 technologies.

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