Dan Shin's guest appearances

Dan Shin

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Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

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This week we're joined by Daniel Shin. He is the Co-Founder of Terra Money and previous CEO and Co-Founder of TMON, one of Korea's largest players e-commerce platforms. Today he talks about his success in that area and how that drove him to enter the cryptocurrency and blockchain space with this new project. Daniel was lead to blockchain when looking for a solution to reduce transaction fees paid by online merchants. Not satisfied with just using an existing stable coin, he set about to make his own, which is how Terra was born. Topics covered in this episode:  Daniel's background with TMON and his need to explore new transaction cost-cutting ideas How Daniel discovered that cryptocurrencies may help reduce intermediaries in the payment space Terra's impressive partnerships with some of Korea's largest e-commerce players The stability mechanism and the role of the Luna token The role of miners in Terra and the currency's seigniorage model Comparisons to other stablecoins like Maker DAI and Libra The contingency plans in the event of a catastrophic plummet in demand How Cosmos formed the basis on which Terra was built Terra's business model and product roadmap  Episode links:  Terra on GitHub Terra white paper Introducing the new Terra Protocol Use Cases for Decentralized Money (Stablecoin) Scaling Seigniorage Terra Research Forum Terra Twitter TMON  Sponsors:  Cosmos: Join the most interoperable ecosystem of connected blockchains - http://cosmos.network/epicenter  This episode is hosted by Sebastien Couture &amp; Friederike Ernst. Show notes and listening options: epicenter.tv/301

This week we're joined by Daniel Shin. He is the Co-Founder of Terra Money and previous CEO and Co-Founder of TMON, one of Korea's largest players e-commerce platforms. Today he talks about his success in that area and how that drove him to enter the cryptocurrency and blockchain space with this new project. Daniel was lead to blockchain when looking for a solution to reduce transaction fees paid by online merchants. Not satisfied with just using an existing stable coin, he set about to make his own, which is how Terra was born. Topics covered in this episode: <ul> <li>Daniel's background with TMON and his need to explore new transaction cost-cutting ideas</li> <li>How Daniel discovered that cryptocurrencies may help reduce intermediaries in the payment space</li> <li>Terra's impressive partnerships with some of Korea's largest e-commerce players</li> <li>The stability mechanism and the role of the Luna token</li> <li>The role of miners in Terra and the currency's seigniorage model</li> <li>Comparisons to other stablecoins like Maker DAI and Libra</li> <li>The contingency plans in the event of a catastrophic plummet in demand</li> <li>How Cosmos formed the basis on which Terra was built</li> <li>Terra's business model and product roadmap</li> </ul> Episode links: <ul> <li><a href="https://github.com/terra-project" rel="nofollow" target="_blank">Terra on GitHub</a></li> <li><a href="https://s3.ap-northeast-2.amazonaws.com/terra.money.home/static/Terra_White_paper.pdf?201904" rel="nofollow" target="_blank">Terra white paper</a></li> <li><a href="https://medium.com/terra-money/introducing-the-new-terra-protocol-ed4a8fbefe4c" rel="nofollow" target="_blank">Introducing the new Terra Protocol</a></li> <li><a href="https://medium.com/terra-money/use-cases-for-decentralized-money-stablecoin-a4bbb223239c" rel="nofollow" target="_blank">Use Cases for Decentralized Money (Stablecoin)</a></li> <li><a href="https://medium.com/terra-money/scaling-seigniorage-a72356a118ae" rel="nofollow" target="_blank">Scaling Seigniorage</a></li> <li><a href="https://agora.terra.money/" rel="nofollow" target="_blank">Terra Research Forum</a></li> <li><a href="https://twitter.com/terra_money" rel="nofollow" target="_blank">Terra Twitter</a></li> <li><a href="https://www.tmon.co.kr/" rel="nofollow" target="_blank">TMON</a></li> </ul> Sponsors: <ul> <li>Cosmos: Join the most interoperable ecosystem of connected blockchains - http://cosmos.network/epicenter</li> </ul> This episode is hosted by Sebastien Couture &amp; Friederike Ernst. Show notes and listening options: <a href="https://epicenter.tv/301" rel="nofollow" target="_blank">epicenter.tv/301</a>

Dan Shin: Terra – The Stable Currency Tackling the Ecommerce Payments Market

We speak to Dan Shin, Co-founder of Terra (https://terra.money/). Prior to Terra, Dan is most notably known for being the Founder and Chairman of TMON (http://www.tmon.co.kr). TMON or Ticket Monster is a Unicorn out of South Korea which was started in 2010 and had a mobile first approach to e-commerce. Now Dan is launching a stable coin that aims to drive adoption through his experience and networks in the e-commerce industry. Tune in to hear about:  Going on the mainnet and what that’s like (funnily, we spoke a couple of hours after Terra hit mainnet) Different kinds of stable coins why Terra took the algorithmic route How Terra is trying to drive REAL ADOPTION How Terra maintains price stability and the role that Luna token plays in that What is Seigniorage and how Terra is benefiting from it Go-to market strategy through Terra Alliance comprising Carousell (https://sg.carousell.com/), Qoo1o (https://www.qoo10.sg) etc. + incentives to use Terra How the user journey for using Terra token would look like on e-commerce platforms Tech aspects – Building on Tendermint (https://www.tendermint.com/), on boarding validators Dealing with Regulatory aspects including the failed Basis project (https://www.basis.io/) Partnerships with Tomochain (https://tomochain.com/), Klaytn (https://www.klaytn.com/) etc

We speak to Dan Shin, Co-founder of Terra (https://terra.money/). Prior to Terra, Dan is most notably known for being the Founder and Chairman of TMON (<a href="http://www.tmon.co.kr" rel="nofollow" target="_blank">http://www.tmon.co.kr</a>). TMON or Ticket Monster is a Unicorn out of South Korea which was started in 2010 and had a mobile first approach to e-commerce. Now Dan is launching a stable coin that aims to drive adoption through his experience and networks in the e-commerce industry. Tune in to hear about: <ul> <li>Going on the mainnet and what that’s like (funnily, we spoke a couple of hours after Terra hit mainnet)</li> <li>Different kinds of stable coins why Terra took the algorithmic route</li> <li>How Terra is trying to drive REAL ADOPTION</li> <li>How Terra maintains price stability and the role that Luna token plays in that</li> <li>What is Seigniorage and how Terra is benefiting from it</li> <li>Go-to market strategy through Terra Alliance comprising Carousell (<a href="https://sg.carousell.com/" rel="nofollow" target="_blank">https://sg.carousell.com/</a>), Qoo1o (<a href="https://www.qoo10.sg" rel="nofollow" target="_blank">https://www.qoo10.sg</a>) etc. + incentives to use Terra</li> <li>How the user journey for using Terra token would look like on e-commerce platforms</li> <li>Tech aspects – Building on Tendermint (<a href="https://www.tendermint.com/" rel="nofollow" target="_blank">https://www.tendermint.com/</a>), on boarding validators</li> <li>Dealing with Regulatory aspects including the failed Basis project (<a href="https://www.basis.io/" rel="nofollow" target="_blank">https://www.basis.io/</a>)</li> <li>Partnerships with Tomochain (<a href="https://tomochain.com/" rel="nofollow" target="_blank">https://tomochain.com/</a>), Klaytn (<a href="https://www.klaytn.com/" rel="nofollow" target="_blank">https://www.klaytn.com/</a>) etc</li></ul>

Ep. #44: Stablecoin adoption through E-Commerce with Dan Shin (Terra)