• It had a massive opening investment of $17.3 million in its ICO.
• It has returned more than 150 times its ICO price.
• It can process up to 10,000 transactions per second.
• It has a market capitalization of more than $6 billion.
• It has a maximum supply of around 260 million coins.

Cosmos was launched in the year 2017 by Jae Kwon, Founder of Interchain.

Cosmos was formulated with the view of creating an ecosystem of blockchain, where each blockchain would be able to communicate with each other in a decentralized manner. This would allow holders to do smarter transactions with better transaction speed and security. It allows the interoperability of different blockchains like BTC, ETH, DOT to communicate with each other in the Cosmos hub.

ATOM is the native utility token offered by Cosmos as a mode to provide its users various incentives.

• Being an open-source platform, it allows anyone to see through the code.

• Anyone who holds ATOM is given voting rights to pitch for changes in its protocols.
• It allows developers to create a proof-of-stake blockchain that makes transactions faster and more scalable.

FAQ's

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