Hello there to all crypto lovers,
I’m going to let you know something about this project with unlimited potential. As you know in today’s market, there are a lot of coins with no fundamental riches that are soaring. When you see that, you wonder yourself with question “What the hell is happening right now…?”.
Don’t be surprised if that happens, market is being manipulated by big hands and we know that’s a fact. With that in my mind, I started to do my own research and I got focused to get into all projects that have head and tail. Projects with fundamentals are here to stay and you should stick to them. Blockchain is still in his early days and big things are on the way in terms of blockchain and cryptocurrencies!
Cosmos sounds really promising…
So what is Cosmos actually ?
Cosmos is ecosystem of blockchain networks also known as “Internet of Blockchains”. You surely heard of Polkadot(DOT) before, and I like to say “Cosmos is everything, Polka want’s to be.”. Cosmos is with us from 2019. and he’s here to stay. With Cosmos release of IBC on Feb 18th 2021. they built a very serious term for their price to rise. For all of you there, IBC is known as Inter-blockchain communication protocol, where each blockchain protocol can talk to other without previously being connected to each other. And that’s a big deal.
Cosmos SDK has been used over a 246+ times in building an Apps, services and other. They have over $71B+ digital assets under management.
Cosmos SDK(Software Development Kit)
Cosmos team has built Software Development Kit, allowing other developers to build blockchains using Tendermint consensus. SDK has been used to build Binance DEX, Terra, Agoric, Akash network, etc… Some of the use-cases for the SDK are Open finance, video games, healthcare, cross-border payments, etc…
GravityDex
GravityDex is bringing DeFi to Cosmos network. GravityDex will use IBC protocol also and you will be able to swap digital assets between any two blockchains. Fees will be reduced in major percentage and that’s hot thing in crypto world regarding ETH and others. You could sign up for their testnet release and win some prizes for staking your ATOM coins.
My thoughts
My thoughts are currently that Cosmos is undervalued. With all this happening in crypto market, if you aren’t day trader, Cosmos is something you should stick to. It should be recognized by the blockchain world and when that happens Cosmos will be a next big thing. There are a lot of projects currently popping out and it’s hard to decide in what to believe. We all know that most of that project will disappear when bear market comes. If you are here for the long game, this is a train to hop on.
Good luck!
