In a recent tweet, do Kwon, founder of Terra Luna / USD, said he was "heartbroken" that the product he created lost all value this week. "I've been calling members of the terra community - construction workers, community members, employees, friends and family, who have been hit by the decoupling of ust (from the dollar). I'm heartbroken about the pain my invention has caused you," Kwon said
Billy Markus, the founder of dog coin, responded that Kwon should quit the industry forever. "My advice is not to try to bring in new victims to fund former victims, but to leave the space forever," he said
Luna's price was $120 in early April, but it fell 99% last week to $0.0003795 on Sunday. Do Kwon previously mentioned his revival plan and the distribution of ownership of the network to the holders of ust and Luna.
He said that 40% of the new tokens would be distributed to Luna holders before the decoupling event, and the remaining 20% would be distributed to Luna holders at the last moment of chain stop and community pool.
He also said that in order to protect the huge ecosystem of developers, it is necessary to rebuild the network.
He said the whole system had completely collapsed. Now, the network must be rebuilt from scratch. His goal is to encourage existing members not to give up their careers altogether.