Does any Bad Kids holder know if we need to make this migration to keep our NFTs? Very confusing https://t.co/SPnvd1Uygl
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10 days until Intergaze's wind-down.
Your NFTs aren't lost — they're migrating to @StargazeZone on Cosmos Hub in the second half of May. You have until May 1st to register your Cosmos wallet.
Register here: https://t.co/2YThhd8Sfj
just so we’re not confused about the "cosmos ecosystem is dead" takes:
a lot of the TVL / MapOfZones glitter was confusing "a chain exists" with "a product exists."
pre @Pumpfun , spinning up a new chain was just an earlier version of the same extractive playbook:
launch a token, wrap it in a chain, call the existence of the chain PMF
a lot of "PMF" was just:
airdrops
temporary community energy
emissions
staking rewards from locked tokens
liquidity mining
validator cartel
mercenary liquidity
narrative
governance cosplay
dump on the "community"
rinse and repeat
i know we all wanted it to be real. most of it was distribution with a block explorer.
🫡
Cosmos / IBC may have a real shot at institutional interoperability as a service.
That’s the opening @BPIV400 is pointing at.
There are two bets here:
1. Can Cosmos / IBC become useful plumbing?
2. Does that usefulness actually route value to $ATOM?
The first is starting to look legit.
The second is still vibes.
🫡
Besu is the number one blockchain ledger used by banks today
And the team now has a POC of IBC enabling direct interoperability between Besu-based ledgers, Cosmos, and Ethereum without the kind of oracles that allowed LayerZero to get hacked the other day https://t.co/9ntL7HXr7J
