TechFlow news, March 14 — Terra founder Do Kwon posted on social media that regardless of whether LUNA's price exceeds its current level of $88 one year from now, he will donate $1 million to AngelProtocol as charitable funds. He also stated that on March 14, 2023, he will purchase and burn $1 million worth of tokens on the Terra blockchain. He emphasized that all of this is not about money.
Earlier report: On March 14, Terra founder Do Kwon entered a bet with crypto influencer SenseiAlgod on social media regarding whether LUNA’s price would surpass its current price of $88 one year later (Do Kwon betting that it will). Both parties invited another influencer, Cobie, as a witness, and each sent $1 million worth of stablecoins to an address designated by Cobie. The funds have now been confirmed received, and both parties have confirmed the bet is active.
