1/789 $atom is and will always be the bluechip/flagship/ $btc coin of the cosmos ecosystem. Without cosmos hub there would be nothing.
2/789 But what about $btc entering cosmos? $btc doesn’t have governance, the community to decide the future of the hub, the ability to attract so much interest. Drama is a feature. $btc is $btc. $atom is $atom.
3/789 The potential for $atom is much greater on an investment scale because math. $atom is a testament to #ibc and now it’s up to us to push it forward. Less bitching, more involvement.
$atom is the baby daddy, the big poppa, the protector, creator, the #ibc router with drama that is louder. It is the currency of Cosmos. It is up to us to make it succeed, we need bizzdev? Let’s start some mfkin drama and make something positive come out of it.
To outsiders it’s misunderstood, to cosmonauts it is the token that reflects our success. $atom will continue to be the main part of my attention and investment until I see a future with no potential or the fruits of its labor are finally recognized.
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As AI is picking up steam, let's talk about infrastructure plays such @RenderToken: the leading provider of decentralized GPU based rendering solutions. $RNDR 🧵
1/ Founded in 2016 by Jules Urbach, CEO of OTOY, Render is the next step in his dream of the open metaverse.
With headquarters in Los Angeles, CA and a team based around the globe, the Render Network and those behind it have been growing from strength to strength in the years since its establishment.
0/ While AI is trending, $ocean doesn't quite fit the narrative but it most certainly stands out. Let's try understanding the revolutionary impact of Ocean Protocol - A Decentralized Data Marketplace. $ocean...🧵
1/ Have you ever wondered about the true value of your personal data and how it's controlled by a select few? Ocean Protocol is bringing about a paradigm shift in the way we think about data accessibility and efficiency for researchers, data analysts, and AI developers.
2/ So, how does it work?
Publishers can publish their data for free on the Ocean Market, creating a "data NFT" containing metadata on the dataset and its publisher. This NFT acts as a tradable "right" to revenue earned from the dataset.
0/ There is one project in the entire crypto space that's a paradigm shift in the making involving cross chain defi and that is @THORChain. $Rune is one of the most fundamentally bullish altcoins of 2023. Let's expand on my thesis......🧵
1/ 2022 was full of bridge exploits, implosions and centralized exchanges collapsing due to lack of trust. To combat these issues, there is an on-chain version that lets you swap and earn yield off your NATIVE coins within your wallet without any bridge risks? That is Thorchain.
2/ What is it?
Thorchain is a liquidity protocol designed to essentially link all native blockchain assets in a decentralized market through its cross-chain bridge and ongoing liquidity pools that are rewarded and protected by validators using $rune token.
@cosmos $atom is finally getting noticed but we have really just begun, some of the most promising #ibc chains have yet to be released, here’s 5 upcoming cocmos chains to be fundamentally bullish on…⬇️
1. @babylon_chain . A Cosmos Sdk which chain can fundamentally change PoS. PoS chains rely on off-chain social consensus to prevent these attacks so it takes 21 days to unbond as a checkpoint, this is somewhat of a fail safe mechanism for the inherent risks of PoS.
Humans are also unreliable & unpredictable. Babylon enhances Cosmos chains security with Bitcoins, which can reliably decide in a few hours vs weeks. It is a way of checkpointing proof of stake into proof of work, and thanks to IBC virtually all IBC enabled chains can use it.
Confused about $atom's value accrual?
Allow me to explain it in a thread.....🧵
1.1 In order to establish a case for atom's value accrual, it's important to address the elephant in the room, narratives. Narratives were the main reason we had an altcoin boom in 2017, with the promise of these coins and chains being revolutionary tech that changes the world..
1.2 What gave $xrp, $ada their supid high evals in 2017? It was simple narrative of them being the next best thing. As @Evan_ss6 said: "L1s are not inherently valuable
They are only valuable insofar as they: 1) are monies 2) capture revenue from blockspace demand and/or MEV"
Why Cosmos has the best chance of being competing with Ethereum ↓
0. At the core, it comes down to 3 main reasons: Cosmos SDK, Tendermint BFT, and IBC. These 3 features are responsible for the organic growth and success we have in this ecosystem today….
1. Cosmos SDK: a toolkit to develop your own blockchain application layer, saves you time, money, and resources to develop the actual utility while being sovereign, your chain, your rules!