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Cosmos (ATOM) — Will the Internet of Blockchains Have Its Broadband Moment?
The Cosmos ecosystem is big and expanding, yet we don’t hear too much about Cosmos these days. That’s probably about to change.
The ecosystem’s market cap has grown to $181.66B across 262 apps and services. Cosmos’s IBC ecosystem on its own (which we’ll get to shortly) is worth $75.22B.
Part of that growth is due to Cosmos’s early start, dedicated community, and developers today looking beyond Ethereum towards more affordable options for scaling their projects.
But Cosmos’s muted hype is probably also due to its modular design, allowing multiple projects that build in the Cosmos ecosystem but aren’t tethered to it.
Until recently, with the launch of IBC enabling a potential Broadband Moment in the ecosystem, Cosmos was a victim of its own success.
In other words, the story of Cosmos is just as much a story of the projects that have scaled out of it as it is about the founding companies and their pilot projects. And the ecosystem is beginning to collaborate a lot more.
Also, some upcoming shifts in Cosmos and the rapid growth of some of the ecosystem’s darling projects may cause some buzz in 2022. This report will explore some of the changes in the Cosmos ecosystem worth knowing about as an investor in 2022 and beyond.