‌Luna and ICX: Two major public chain systems in South Korea‌

‌Luna‌: A public chain system developed based on the Cosmos framework, which aims to solve the defects of the traditional financial system and improve the scalability of blockchain technology. Luna coin is a cryptocurrency launched by Terraform Labs. It is not issued by the South Korean government, but it is supported by the South Korean government. It is the ecosystem where the algorithmic stablecoin UST is located, and it is also the local mortgage asset of the Terra platform, used for stablecoin issuance, price stabilization mechanism and network governance.

‌ICX‌: As a public chain in South Korea, ICX attempts to use the blockchain network to move real communities to the chain, support different governance systems to establish their own networks, and realize cross-chain interaction. The ICX network has connected many social organizations such as banks and securities companies in South Korea, forming a prosperous blockchain ecosystem. Its core competitiveness lies in the ecosystem, and it has reached cooperation with many physical enterprises and government agencies.

In summary, Luna and ICX coins are two major public chain systems in South Korea with different characteristics and applications.