jakiro
Source: Blockchain
Ask a question first, except for Ethereum ecology, which ecology do you think is the strongest at present?
According to Coingecko data, among the top 100 market value projects, Ethereum ecosystem accounts for 25 (including two -layer and two -layer related ecology), COSMOS ecosystem accounts for 12, Bitcoin ecosystem accounts for 4Stabilized currency, there is no solana ecology.
Those who do not pay attention may not be found. The cosmos ecology is continuing to dominate the list. Several projects that have been discussed in the community some time ago, such as Celestia, Injective, SEI, etc., they actually come from the cosmos ecology.Ecology is worth our attention to digging. This article brings everyone a brief sorting of the COSMOS ecology.
01Why does the project choose cosmos
This topic is actually a bit old -fashioned. Before Dydx turned to the COSMOS ecology, some people have discussed. Here is a brief combing:
performance:The COSMOS chain is designed to improve scalability and throughput.Compared to other public chains, the COSMOS chain can handle more transactions and have a faster confirmation time.
Mutuality:The COSMOS ecosystem uses a multi -chain architecture, which can support multiple independent blockchain existence and interact with each other at the same time.It means that the application can run on its own independent chain without being affected by other chains.
Autonomy:The COSMOS chain adopts a modular design, allowing developers to choose from different modules with different modules to build their own application chain.This flexibility allows developers to choose suitable functional modules according to their specific needs, and can easily customize and expand.Provide developers with greater autonomy and flexibility, and can design and manage their own chain according to the needs of the application.
Choosing the COSMOS chain for games can obtain better performance, independence, flexibility and autonomy.These advantages allow developers to better build the application chain.
Of course, at the same time, it also means that COSMOS’s own value capture has always been a problem. Although the development of ecological projects is hot, the impact on COSMOS itself is very small.
02Line projects
We introduce the ecological projects in two parts,Part of the trading platform has been launched, and the other part is not yet issued.Let’s talk about the first part in this section:
Injective
Injective as the early derivative track project on COSMOS,Later, after a series of iterations, L1 solutions were positioned as DEFI and derivatives.Injective begins to provide a module that is plugged in, including order books and derivatives trading modules, so that developers can easily start financial applications.
In addition, Injective also has a smart contract function, enabling developers to build complex applicationsEssenceLast year’s Injective performance can be said to be strong and outrageous. It was unexpected by everyone. The current market value has reached 35. Dydx is compared with it. It can be said that one in the sky and underground.However, its performance in ecology and derivatives is mediocre, and most of them are the cooperation between institutions and businessmen.
Celestia
Celestia is the first modular blockchain network project,,Focus on data usability (DA)It separates the core function of the blockchain and improves scalability.When Celestia was first launched, the modular blockchain -related related discussions in the industry.Some time ago, after the launch of its token, the market value soared to 38. The good price performance made DA -related discussion again. V God even pushed DA multiple times.Fang’s threatening remarks have also been mentioned, showing that its heat is high.
Celestia focuses on data availability networks. Compared with the Ethereum DA layer, the cost of data can be reduced by 99.9%.However, the data usage rate of Celestia is only 0.1%, the market share is very small, and the profitability is too weak.On the other hand, although the current cost of use is low, as the Internet increases, users may need to participate in the bidding war, and the cost will increase with the increase of users.
Cronos
Cronos is a compatible chain of EVM (Ethereum virtual machine) launched by Crypto.com.Based on COSMOS SDK technology.It provides the ability to transplant applications and encryption assets from other chain transplantation, and has high throughput and low transaction costs.The relationship between Cronos and Crypto.com is similar to the relationship between BSC and BA, which can be regarded as a platform to Crypto.com’s platform token. The current CRO market value is around 46.
Sei network
SEI Network is a public chain based on COSMOS SDK and Tendermint’s cores, Specializing in the field of encrypted asset transactions, the built -in central price limit order book module (CLOB). Other COSMOS -based blockchain can use SEI CLOB as a shared liquidity center to create a market for various assets.
Some time ago, SEI Network will completely bring the concept of “parallel EVM”, and even some top institutions will start calling for 2024 will be “parallel EVM”.The current market value of SEI is around 49. On November 15 last year,Circle announced a strategic investment in SEI Network and announced support for the network native USDC. It can be said that this investment information is an important turning point in the price change of SEI.
Regarding “parallel EVM”, briefly introduce here:Parallel EVM is an improved technology to improve the performance and efficiency of the Ethereum virtual machine (EVM).The traditional EVM can deal with transactions in order, and can only deal with one transaction at a time, which will lead to slow processing speed.The parallel EVM allows multiple transactions to process simultaneously to improve the overall processing ability.The goal is to improve the scalability and performance of the blockchain to cope with higher transaction loads and achieve faster transaction confirmation.
Thorchain
ThorChain is a cross -chain DEX protocol for the COSMOS ecosystem.The last round of the bull market was affected by the Luna collapse. With the problem of loopholes in the code, it lost tens of millions of dollars. In the state of the bear market, it was in a state of semi -dead.However, with the rise of this wave of Bitcoin ecology, Thorchain, as a platform for the early days to support the native BTC cross -chain trading, takes off again in this wave of transaction. The current market value has reached about 56.
Dymension
Dymension is a modular settlement layer based on the COSMOS ecosystem.It aims to solve the sense of splitting between Layer2 and provide a unified way to build and manage ROLLUP.Dymension introduced a concept called “ENSHRINED ROLLUPS”, which standardized different layer2 and provided liquidity integration, making the interaction between Rollup applications simpler and efficient.
The goal of Dymension is to reduce the difficulty of developing and deploying Rollup applications, while providing better interoperability and sharing security.Some time ago, due to the total popularity of 520,000 addresses such as Celestia, Ethereum, COSMOS and other ecological users, it caused a certain heat.The recent opening will be launched in Shiman, and the current market value is around 80.
Manta network
Manta Network was originally a privacy agreement on Boka. LaterDeliven to provide modular blockchain support for ZK -knowledge proof (ZK) applications.Some time ago, BLAST liquidity pledged category launched by Blur caused TVL to soar. Manta Network also launched a similar event New Paradigm to attract great inflow of funds. Currently, TVL is 1.1.7 billion U.S. dollars, and Layer 2L ranking has soared to third in a short time.After the recent launch of Binance, the price has also performed well, and the current market value ranks around 97.
dydx
Dydx, as the first derivative derivative trading platform,When they first came out, it can be said that it was full of halo, but the development in recent years has been pulled down.DYDX began to be established on Ethereum. Due to the outbreak of DEFI, the cost of GAS soared, affecting the user’s transaction experience.In April 2021, DYDX began to transfer to the more scalable Ethereum L2 Starkware platform, and in June 2022, the DYDX plan migrated the V4 version to the COSMOS network and created a independent L1 blockchain belonging to its own L1 blockchainDydx Chain has a completely decentralized chain order book and matching engine. The current market value is about 91.
Osmosis
OSMOSIS is considered the mainstream DEX in the cosmos ecosystem, It focuses on providing cross -chain transaction servicesOn OSMOSIS, users can conduct token transactions and exchange between different COSMOS blockchain. There are currently 62 chains connected to the COSMOS ecosystem through IBC, of which the number of chains connected to OSMOSIS has reached 59. At presentThe market value is about 81, and the built -in SWAP built -in SWAP of the COSMOS wallet is OSMOSIS.
Kava
Kava is a cross -chain payment project established in 2017. Later, as DEFI became popular, it turned to the DEFI field.In 2022, Kava transformed into an EVM-based COSMOS-ETHEREUM interoperability Kava Chain.Kava and the project party have a lot of cooperation. Earlier this year, the token economy was updated. Starting from January 1, 24th, Kava Token will stop inflation. The current market value is about 83.
ZetAChain
ZetAChain is the first Layer1 built -in cross -chain interoperability,Compatible with EVM, has the ability to connect all blockchain, including non -smart contract chains such as Bitcoin and dog coins.Through the full set of tool packages of Zetachain, developers can build a real Omnichain decentralized application (DAPPS) without diversified development on different blockchains.
Zetachain provides a convenient way to connect and manage multiple blockchain, and provide users with a more convenient cross -chain interactive experience.Zetachain’s goal is to establish blockchain interoperability standards. Users can use all assets and data from a single platform management chain without bridging or packaging token.The current market value is around 85.
Fetch.ai
Last year, the explosion of ChatGPT caused the Blockchain industry AI track to take off. Without other projects to do AI -related concepts, FETCH.AI and Singularity Net two independent seedlings began to soar.The recent release of Sora made the AI track being mentioned again. In addition, Nvidia’s financial report also added a fire to the AI, making FETCH.AI and Singularity NET recently performed well.,,In addition, BN is also continuously invested in funds in the AI sector.Several projects that have been launched recently are related to AI. It can be said that the AI sector in the Crypto field is gradually becoming one of the mainstream concepts like the Yuan universe.
Fetch.ai is a AI application chain based on COSMOS-SDK.Its vision is to create a decentralized intelligent world, and realize intelligent self -organization, smart contracts, and smart agents through blockchain technology and artificial intelligence algorithms.At present, fetch.ai has built a series of ecological applications based on its own AI technology.Including Resonate (Social+AI Feed), MOVIX (Move to Earn), Atomix (DEFI protocol), etc., the current market value is about 73.
Neutron
Neutron uses COSMOS SDK’s unprecedented smart contract platform,It aims to promote the deployment of smart contracts and DAPP on the COSMOS HUB, and simplify settlement coordination, data availability and execution.Neutron was incubated by the core team of Lido. In September last year, it cooperated with Lido to launch a liquid pledged Ethereum WSTTH in COSMOS.After the launch of BN, there are also good performance. At present, the market value is about 151.
Axlar
Axlar is committed to providing a secure cross -chain channel for Web3 to achieve interoperability between different blockchain platforms.Axlar uses intelligent contracts to manage and implement the rules and logic of cross -chain interaction, providing automated processing for complex cross -chain transactions, while ensuring the consistency and predictability of the operation.At present, Axlar has connected more than 50 chains, including most mainstream chains and other mainstream chains such as Ethereum, Polygon, Avalanche, Arbitrum, and a variety of COSMOS -based chains, which are leading in cross -chain interoperability.
Secret Network
Secret Network is a privacy chain based on COSMOS SDK.Secret Network cooperates with Near Protocol to interact with Near cross -chain in the first quarter of this year.
Stride
Stride is a pledge protocol on COSMOS,It aims to bring a liquid pledged market share to the COSMOS ecosystem. It is currently the largest market share of the COSMOS LSD track.
It can be seen that there are still many high -quality projects in the COSMOS ecosystem, and most of them have caused a certain heat discussion in a certain period of time.
03Unobarded project
For investors, how to judge whether a project is worthy of attention,The most time -saving and labor -saving method is to see if it has financing and whether there are top institutions to participate in the investment.Whether the team members come from well -known projects. Here are several relatively high heat -high items.
Berachain
BERAChain originated from the NFT project Bong Bears, which has now developed into a high -performance EVM compatibility chain.Based on the consensus mechanism for the consensus mechanism of LAYER1 for the consensus mechanism of liquidity proof (POL) consensus mechanism (POL), the team has established BERACHAIN based on this pain point.The synergy effect between the network is adjusted to adjust the incentive mechanism of the network.
In April 2023, BERAChain completed 42 million US dollars financing, valued at $ 420 million, Polychain Capital led, and the founders of OKX Ventures and Celestia participated in. It can be seen that the project is very strong in terms of resources and backgrounds.On January 11, the official announcement of the public testing network was online, which attracted over 1 million test network users and over 70 ecological DAPPs in more than ten days.
Saga
SAGA is a modular blockchain project that provides developers with tools and services to build a special chain for the universeEssenceThe goal of this project is to reduce the threshold of the blockchain of the development area and enable developers to build their own special web3 application chain in a simple way. It aims to provide a simplified blockchain deployment and management solution for applications in a diverse universe solve.The plan emphasizes interoperability, and the focus is in the field of games and the universe.
The team members came from Skuchain, Tendermint and other projects. After two rounds of financing, the project party raised $ 13.5 million and valued at hundreds of millions of dollars. In early January this year, the AirDrop standard was officially announced.
Tabi
Tabi is a game chain on cosmos, which provides a variety of functions.Including NFT transactions, distribution platforms and game platforms.At the same time, TABI also transformed users’ activities on the chain into the experience value of future rewards.Test online in February this year.
Tabi completed two rounds of financing, a total of $ 11 million, led by Animoca Brands, and Binance Labs, Draper Dragon and other institutions participated in the investment.
Initia
Initia is Move Layer1 on COSMOS, dedicated to building a highly connected modular Rollup networkIts architecture includes L1 (Layer 1), L2 (Layer 2), and communication layers, so that developers can easily start specific blockchains based on Initia L2 without understanding complex chain -level infrastructure or operation verification verificationCollection.
At the same time, Initia uses Optimistic Rollups as an L2 solution specific to the application to achieve seamless message transmission and bridges between different virtual machines (such as EVM, WASMVM and Movevm) by integrating L1, L2 and communication layers.It makes it the first MOVEVM computing framework compatible with the COSMOS IBC protocol, and realizes seamless interaction with other blockchain networks in the COSMOS ecosystem.
In October last year, it was invested by Binance Labs, and the specific amount was unknown.
04summary
The above is the introduction of the COSMOS ecological project. Are you optimistic about the future development of the cosmos ecology?
