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Cosmos: ATOM’s STRONG Value & Price Potential!! ๐ŸŒŒ

0 104



๐Ÿ“ฒ Insider Info in my Socials ๐Ÿ‘‰
๐Ÿ›’ Get The Hottest Crypto Deals ๐Ÿ‘‰
๐Ÿ‘• “Bitcoin Roller” Shirt ๐Ÿ‘‰
๐Ÿ”ฅ TOP Crypto TIPS In My Newsletter ๐Ÿ‘‰

~~~~~

๐Ÿ“บEssential Videos๐Ÿ“บ

Previous Cosmos Update ๐Ÿ‘‰
Thorchain Explained ๐Ÿ‘‰
Harmony One Analysis ๐Ÿ‘‰
SECโ€™s Views On Cryptocurrency ๐Ÿ‘‰
FATF Crypto Regulations ๐Ÿ‘‰

~~~~~

– TIMESTAMPS –
0:00 Intro
2:27 Cosmos Recap
5:34 Cosmos Updates
8:14 ATOM Price Analysis
10:37 Cosmos Roadmap
13:47 Cosmos Concerns
16:32 Conclusion

~~~~~

โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Cosmos IBC Breakdown:
โ–บ Cosmos Emeris DEX:
โ–บ Keplr Wallet Browser Extension:
โ–บ Cosmos Gravity Bridge Explained:
โ–บ Cosmos Osmosis DEX:
โ–บ Cosmos Updated Roadmap:
โ–บ Cosmos Bitcoin Bridge:

~~~~~

๐Ÿ‘จโ€๐ŸซCosmos Recap๐Ÿ‘จโ€๐Ÿซ

Cosmos was founded by Ivy League computer scientist Jae Kwon in early 2014. Cosmos was built by All In Bits Inc., a for profit software company which Jae also founded in 2014

Cosmosโ€™ development is overseen by the Interchain Foundation, a Swiss non-profit which commissions and coordinates the more than 2 dozen companies building on Cosmos, including All In Bits Inc

Cosmos based blockchains all use the Tendermint consensus mechanism developed by Jae Kwon. Tendermint is actually one of the most secure proof of stake consensus mechanisms in cryptocurrency

Cosmosโ€™s ATOM coin has historically lagged behind the other cryptocurrency coins in its ecosystem, and this is primarily because the Cosmos team was focused on finishing the IBC

๐Ÿ“ฐCosmos Updates๐Ÿ“ฐ

After months of testing, Cosmos finally launched its decentralized exchange dubbed Gravity in July. Like Uniswap, Gravity is an automated market maker or AMM DEX

Another thing Cosmos did in July was integrate with Band Protocol, the second largest oracle in cryptocurrency. In case you didnโ€™t know, the Band Protocol blockchain was built using the Cosmos SDK

This gives Band Protocol similar interoperability features to Cosmos in the context of data, and cross-chain data is absolutely crucial for building robust cross-chain dApps

In August, another company building on Cosmos called Althea revealed the Gravity Bridge, a stand-alone Cosmos blockchain that will make it possible to transfer tokens between the Cosmos hub and Ethereum

๐Ÿ“ŠATOM Price Analysis๐Ÿ“Š

All these bullish developments have sent ATOM on a mission to the moon, and it recently surpassed its previous all-time high

This is partially due to the release of Emeris DEX but seems to be mostly due to another Cosmos based DEX called Osmosis

Cosmos is a cryptocurrency I would personally place among the top 10, and if it manages to make that list on the leaderboards it means a 150$ ATOM at the very least

๐Ÿ“…Cosmos Roadmap๐Ÿ“…

Cosmos will soon be rolling out its interchain staking feature. This will make it possible for Cosmos validators to secure more than one blockchain. By the end of the year Bitcoin will be on Cosmos

Most of Cosmosโ€™ game changing features are scheduled for launch sometime in early 2022. These are NFTs, tokenization, and staking derivatives

๐Ÿ•ต๏ธโ€โ™‚๏ธCosmos Concerns๐Ÿ•ต๏ธโ€โ™‚๏ธ

When I was watching interviews with some of Cosmosโ€™ core developers, a few of them mentioned that there have been tensions between the different teams working on Cosmos

To my understanding, this is because each company working on Cosmos has a slightly different perspective of the project and what it should look like in the future, and I reckon thatโ€™s to be expected

Besides these issues on the developer side, Cosmosโ€™ growth is being stunted by another factor, and thatโ€™s the projectโ€™s insane commitment to the core values of cryptocurrency

As explained by one of Cosmosโ€™ core devs, theyโ€™ve put next to zero effort into getting ATOM listed on exchanges. Osmosis founder Sunny Aggarwal also pushed back against OSMO listings on CEXes

~~~~~

๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Cosmos #ATOM #Crypto #IBC #Dex #Blockchain

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