What is Cosmos (atom)?

What is Cosmos? (ATOM) Heralded as an “IInternet of blockchains” by its founding team, Cosmos aims to create a network of crypto networks united by open-source tools for streamlining transactions between them. It’s this focus on customizability and interoperability that sets Cosmos apart from other projects.

What is the Cosmos Network?

Users may find the Cosmos network appealing based on its focus on facilitating interoperability between blockchains. There are a variety of projects built on the Cosmos network. Some examples include a price-stable cryptocurrency and a decentralized finance (DeFi) project allowing traders to leverage their assets.

What is the cosmos ICO?

The initial coin offering (ICO) for the Cosmos was held in April 2017, ending up with more than USD 17 million collected as part of the fundraising effort. The total supply of ATOM is capped at 236 million ATOM. After the launch of the Cosmos mainnet on March 13, ATOM found itself being added to various cryptocurrency exchanges.

How does Cosmos work?

In order to tie all the layers together, and to allow developers to build blockchain applications, Cosmos relies on a set of open-source tools. The most essential element to this layered design is the Tendermint BFT engine, the part of the network that allows developers to build blockchains without having to code them from scratch.