Cosmos Hub
App Chain
New Coin Bad, Old Coin Good: The resurgance of OG chains!
Seppmos
Researcher
Date
May 20, 2024
New coins used to be the shiny thing in crypto, but the meta has changed recently with all these VC-backed high FDV low float coins going live.
The new meta is shifting to favor old coins. OG projects with a working product, a dedicated team, and no more token unlocks will soon be in the limelight.
Why this development is bullish for $ATOM:
TLDR;
All tokens are fully unlocked
Circulating supply = Total supply
MC = FDV
ICS 2.0 (Partial Set Security)
Expansion of the AEZ (Atom Economic Zone)
Best place to launch an Appchain
Babylon Integration
Security Aggregator
Permissioned CosmWasm
Atom Wars / Hydro
ICS 2.0 (Partial Set Security) is hitting mainnet in Q2
The Atom Economic Zone (AEZ) is expanding with new chains like @AetherEVM_, @elys_network, @LorenzoProtocol, @Landslide_Labs and others joining the AEZ and being secured by the Hub.
@cyclesmoney is another contender to join the AEZ, as the protocol is developed by @informalinc the core contributor of the @cosmoshub.
Existing members of the AEZ, @stride_zone and @Neutron_org, continue to grow and ship new products.
The Cosmos Hub is becoming the best place to launch an Appchain
@rollchains SPAWN platform enables developers to launch their sovereign Appchain within days, being ICS secured and becoming part of the AEZ. There is no need to bootstrap your own validator set.
Babylon Integration
Bitcoin security is landing on the Hub via @babylon_chain.
The Hub is morphing into a Security Aggregator (BTC, ATOM, ETH) + Mesh Security.
The stifling infighting is finally over
Jae Kwon has lost it's power over the Hub and moved on to his own project. => ATOM ONE
Hub development is now funded via the CP and lead by @informalinc and @HyphaDoesCosmos.
@ATOMAccelerator is doing BD work, giving out venture grants and onboarding new projects and teams to the AEZ.
Improved Communication
The Hub's communication has improved tenfold in recent months. The Hub's vision, roadmap, and long-term strategy have been clearly outlined.
A big shoutout to @btruax for leveling up communications and transparently sharing future plans for the Hub.
Another shoutout goes to @crypto_crew and @StakeandRelax, the new hosts of ATOM ZONE, a weekly X space covering the latest and hottest updates from the Cosmos Hub.
The missing piece of the puzzle 🧩
When tokenomics upgrade?
Inflation should trend down from currently 10% to 3%-5% in the near future.
Disclaimer
This article is intended to educate readers about certain topics and should not be considered financial advice in any way.