Cosmos Hub has launched finally. Its native token “atom” is now the 13th largest cryptocurrency in terms of market cap.
As a genesis validator, we have an unexpected silent start. But after I have voiced the situation, we started to get momentum. Facing the naturally occurred 20/80 reality, I announced our response: towards 0% commission rate. Our voting power has gradually climbed to 1.15% which is ranked as the 22th (as of the time of writing this letter).
I am not a maximalist. I love to be a pragmatist. Our vision is to build something people love to use, for example Big Dipper which is now used by people from over 100 countries. We chose to use Cosmos SDK and Tendermint to build our blockchain because we think they have what we need. And hence we are part of the Cosmos ecosystem since a year ago.
We learned a lot from Cosmos, including the recently launching experiences in Cosmos Hub and IRIS Hub. Decentralization need to be considered since the very first day of fundraiser. We will apply this on ForboleChain. If you have missed Cosmos or IRISnet, don’t miss again. Keep updated on our progress (Telegram) :)