ATOM is the native cryptocurrency token of the Cosmos Network.
Cosmos project atom. As per the project website disclaimer the development of the Cosmos project is led primarily by Tendermint Inc a private for-profit entity but the funding for the development comes from the Interchain Foundation a. Its mainnet took a start on March 14 2019. Back in 2017 this developments representatives raised 17 million dollars in 28 minutes.
Cosmos forecast 2021 to 2025. Another project in the works is the. Yet it has now come out that its CEO is unexpectedly leaving to apparently work on a side project.
Further in 2016 the whitepaper was released and the native token of the project ATOM was also launched by holding a sale. Cosmos is a dual-layer network that enables token data and asset exchanges between blockchains. You might say that ICO cannot.
The ATOM token started global trading In the spring of 2019 and as is common for most crypto projects. Atom ATOM not to be confused with abandoned project Atomic Coin ATOM is the main cryptocurrency existing on top of the Cosmos platform which is designed to facilitate communication scaling and interoperation between independent chains. It aims to offer an antidote to slow expensive unscalable and environmentally harmful proof-of-work protocols like those used by Bitcoin by offering an ecosystem of connected blockchains.
Valued at close to 850M Cosmos is considered to be among the leaders in the push towards proof-of-stake networks. What are Cosmos and Atom. Billed as the Internet of blockchains the Cosmos seeks to bring together various blockchains within a single platform and.
Cosmos is an exceptionally ambitious project in a realm of ambitious projects. Cosmos is a great project concerning its roadmap and technical details. Unlike most projects in the space Cosmos isnt about beating the competition taking the crown or recognition.