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Cosmos Crypto Updates: Babylon Airdrop, Agoric Fast USDC, MANTRA OM, Initia & Nillion Mainnet

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Cryptocito | Daily Cosmos Crypto News ⚛️

5 months ago

Score: 595

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Here's a summary of the video about the latest in the Cosmos ecosystem during a market downturn.

Crypto markets are feeling the pain again, with many tokens seeing significant drops, creating low sentiment but also presenting potential buying opportunities. Despite the general market blues and specific issues like the ByBit exchange hack, the Cosmos ecosystem continues to build and announce significant updates across various projects, reinforcing the belief in the app-chain thesis and the future of sovereign, interoperable blockchains.

Here are the key topics and details discussed:

  • Crypto Market Dip & Sentiment: The market is "rugging us again," which feels bad, but if you're in crypto, you're likely numb to these movements by now. Sentiment is low, people are nervous, frustrated, and fighting on Twitter, with many capitulating. This is seen as part of the game; you need to go through "max pain" for "max gain."
  • ByBit Exchange Hack: A major reason for a recent dip was a large liquidation spiral, mainly on ByBit, which recently suffered a $1.4 billion hack reportedly by North Korea's Lazarus Group. This wasn't a technical breach but social engineering involving multi-sig approval. This strongly reinforces the need for self-custody, diversifying funds across multiple wallets (ideally hardware wallets), and taking security very seriously. It's a reminder that in crypto, if funds are gone, they're gone – there's no calling a bank.
  • Market Dips as Buying Opportunities: Even though Cosmos tokens are also seeing double-digit drops and are at extremely low levels, these dips are presented as another opportunity to buy favorite tokens at huge discounts. While everything in crypto is risky and can go to zero, the Cosmos technology stack is believed to be one of the most innovative.
  • Cosmos Vision & ATOM: Strong belief in the AppChain thesis, sovereignty, and interoperability is reiterated – the idea that the internet of blockchains built on these principles is the right path for crypto in the long term. While Cosmos as an ecosystem has collectively underperformed, the technology and philosophy are seen as winning. The team is doubling down on Cosmos despite the underperformance.
    • ATOM specifically has been a "rare token" and is "still not fully out of the woods." There's a chance it might not "make it," but this chance exists for any crypto. ATOM needs to fix a lot regarding its community relations, positioning, value accrual, and narrative to revive excitement.
    • The presenter is part of the "hardened core community" that has been holding ATOM for years, including times of "no product." Their ATOM holdings are at an all-time high in terms of token count, though a smaller percentage of the portfolio due to other tokens outperforming.
    • With Mac and Barry from Interchain Labs now seemingly at the steering wheel, there's finally a core team responsible for the Cosmos tech stack roadmap (Comet BFT, SDK, IBC) and the Cosmos Hub/ATOM roadmap, as well as generally reviving the Cosmos brand. This feels like progress.
  • MANTRA (OM): MANTRA is highlighted as being in its own bull run, trading around $8 when it was $1 a year ago and 10 cents two years ago. The presenter clarifies that they do not own any significant amount of OM and never invested, contrary to some portrayals, although they've known the team for years and talk about them because they've "done a lot of great things."
  • ETH Denver & Cosmos Adoption: ETH Denver is a big conference week where many Cosmos people will be present. A panel discussion at Penn Blockchain reinforced the app-specific chain thesis (Cosmos) versus general-purpose chains (Solana, Ethereum). Barry from Interchain Labs mentioned speaking to three new top 100 DeFi protocols planning to launch Cosmos chains, which is seen as proof of the sovereignty/app chain concept winning.
  • IBC v2 (IBC Eureka): The upcoming launch of IBC v2 will enable compatibility with Ethereum and is intended to finally accrue value for ATOM by positioning it to capture value from IBC v2's adoption and usage. However, it should not enforce dependencies where every IBC transaction must route through the Hub; it should remain a "voluntary shelling point," which the presenter strongly believes. There are ongoing discussions and criticisms about the exact implementation and its dependency on the Hub.
  • Memecoins vs. Fundamentals: There's a clear stance against abandoning fundamental convictions for chasing "vaporware," meme coins, or narratives without products, which were popular during the recent "AI memes and fart coin" supercycle. It's better to rotate from coins without a product to those with value.
  • Sentinel dVPN: This is an OG Cosmos chain where the presenter still holds bags and is a validator. It's considered a "great product" with a "good team" serving a "small niche" currently. It has strong product-market fit and actual demand, unlike vaporware or meme coins. The presenter hopes it will catch up when the privacy sector and blockchain-based VPNs gain steam, which is believed to be inevitable. Sentinel also integrated ATOM.
  • Agoric & Fast USDC: Agoric, whose organization is a media partner, announced "Fast USDC," enabling cross-chain USDC transfers in under a minute (compared to 20 minutes currently) using Agoric's orchestration engine. This is a good use case for orchestration and has strong potential for DeFi activities, staking, lending, etc., especially with Noble as the native USDC chain. The presenter also hopes their decentralized stable token, IST, gains steam, as it's the only working decentralized stablecoin in Cosmos, but feels its user experience is currently holding back adoption.
  • Noble Dollar (USTN): Noble will soon launch USTN, a yield-generating stable token backed by US treasury bills in collaboration with M0. This is coming very soon and sounds interesting.
  • MANTRA Deploying StreamSwap: MANTRA is deploying StreamSwap, which is considered the "best way to launch a token." Originally by the "underrated" Omniflix team, StreamSwap allows for fair token sales using a streaming/DCA bonding curve concept over a set time. It was previously only on Osmosis and Injective but is now on MANTRA, with its first successful meme coin launch there. The presenter believes Omniflix also has potential in the IP/media space, similar to Story Protocol.
  • Akash Network (AKT): Akash, the Cosmos app chain for GPU Supercloud, is highlighted with charts showing it's 91% more affordable than Amazon AWS and significantly cheaper than Google Cloud/Azure. This cost efficiency is why Akash is believed to "win eventually" as a "superior product." Grayscale's report showing accelerated growth in revenue and GPU leases is presented as "clear proof" of Akash's product-market fit and actual demand, which is rare for non-DeFi/meme/speculation-only projects. It generates revenue and grows, which is very important for a project in production for ~4 years.
  • Liberty Finance Bought Sei: Liberty Finance, associated with "Trump's project," recently bought $125,000 worth of Sei Network tokens (548,000 tokens). Sei is a relatively new EVM chain considered part of the competitive landscape alongside Ethereum, L2s like Arbitrum/Optimism, Injective, Berachain, and the upcoming Monad. A chart shows Sei's potential theoretical TPS and block time on DevNet looks strong, implementing parallel EVM execution similar to Monad.
  • dYdX Mobile Trading Experience: dYdX, a Cosmos app-specific chain for perp trading, has launched a revised mobile app experience. This is seen as a big positive that will likely onboard many new users. dYdX is considered one of the best examples of a Cosmos app chain with strong revenue, volume, brand, team, and vision. The token price is currently low ("down bad"), but it's expected to "thrive" eventually. The presenter wants to buy more dYdX.
  • Nillion (NIL): Nillion is expected to launch "very, very soon," pushed to March. It's on the watchlist, and the presenter's validator company, Stakecito, is a Genesis validator and investor, which is disclosed. The launch is highly anticipated.
  • Cosmos Bites & Cito Zone Content: A new edition of "Cosmos Bytes" was shared, a written recap of Cosmos news, for those who prefer reading.
  • Cito Earn x Elys Network: A new round of "Cito Earn" was announced in collaboration with Elys Network, a "create to earn" platform. This offers an opportunity for people to create content (threads, tweets, blog posts, videos) about Elys Network (or Cosmos tech via Elys) and potentially earn ATOM or USDC if the content is well-researched and has reach. The submission deadline is March 23rd. This is seen as a good opportunity, especially for new content creators, as it helps with monetization and motivation.
  • Cito Report on Substack: The Cito Report newsletter has moved from MailChimp to Substack. Subscribers are encouraged to follow the new link. The team plans to increase the frequency from monthly to possibly weekly, which is a lot of work but seen as valuable. It's a free newsletter, although Substack allows for optional pledges, which are appreciated but not required.
  • Nomada NFT Collection: Nomada is teasing a character, "Adaman," which might become an NFT collection. Nomada's token launch and IBC transferability are expected soon.
  • Babylon Airdrop (BABY): The Babylon Foundation Twitter account launched, gearing up for the BABY token launch. The big news is that the BABY airdrop registration is now live. Users are urged to be very cautious and double-check links, especially as the official Twitter is new. The registration link is legit and shows eligibility criteria: Phase 1 stakers, Phase 1 finality providers, contributors to eligible GitHub repos (including Cosmos contributors), and a social airdrop for contributors to the first Bitcoin staking campaign before Feb 19th. The token is coming "very, very soon" and is expected to be a "juicy airdrop" and one of the most highly anticipated Cosmos chain launches.
  • Initia & Drop Launch: Initia also announced something interesting called "Drop," which is a tokenized LP (Liquidity Provider) position for INJ and USDC. This Drop can also be staked in "enshrined liquidity," seemingly allowing users to earn staking rewards and LP fees simultaneously (though how impermanent loss is handled isn't clear). Initia is another highly anticipated launch, and the presenter, while not invested or affiliated, believes it will be one of the biggest Cosmos launches coming soon.
  • Saga Vault 2.0: Saga announced updated criteria for Vault 2.0, which will have "Activity Vaults" and "Loyalty Vaults." More predictable monthly token rewards (20,000 tokens for staking, 2 million for LP providers, 1.8 million for Loyalty vaults) are planned. The presenter is an early investor (since 2022) and validator for Saga (disclosed). They have not sold any of their liquid staking rewards over nearly a year, despite the price fluctuations, prioritizing long-term alignment and reputation over short-term profit maximization. The presenter believes staking rewards for early investors ideally shouldn't be immediately liquid or should be subject to vesting schedules, which some newer projects are implementing.
  • Monad Testnet: Monad (not a Cosmos chain but another EVM competitor) just launched its testnet. Stakecito will try hard to become a validator. It's considered one of the most innovative projects in the EVM space, having raised a quarter billion dollars. While the testnet is live, users doing basic transactions solely for a potential airdrop are cautioned against wasting time, as the testnet is likely to be heavily farmed by bots and professional farmers, making a significant airdrop unlikely for manual users.
  • Closing Thoughts: The dip is another chance to get quality projects with strong fundamentals and product-market fit cheaply, even if their narratives (like privacy for Sentinel, Penumbra, Namada, Aleph Zero, or Passage) are currently "cold." If these projects execute well, fix their economics, and understand their token is key, they should perform very well in the bull run.

Transcript

Crypto is racking us again. And if you're like me, you're probably numb at this point to those market movements. Even though it is ugly, it feels bad to look at those prices and sentiment is very low. People are nervous, they're frustrated, they're fighting. There's a lot of negativity now on Twitter. Everyone is just very, very bearish and losing interest and capitulating as well, right? Which is part of the game, part of what we sign up for. And I think you can't really have max gain without going through max pain. And crypto max pain just hits different, as you can see here, rightfully shared by CoinBureau. Well, one of the reasons we're going down, especially today, is probably also because there is a huge liquidation spiral going on right now. Not the biggest one, but I mean, almost a billion dollars. Most of which is happening on Bybit, a lot of liquidations, which is the largest perps exchange out there, centralized exchange. That, by the way, the other day also got hacked. And apparently, North Korea's Lazarus Group is behind that $1.4 billion hack. That was not a technical security breach, but actually, I guess, social engineering. Because they got the multi-sig signature approved from the Bybit team. So there was a multi-sig code wallet that approved a transaction to move funds to a one wallet. And then that got drained somehow. Mostly ETH or liquid-sig ETH or Ethereum assets. But yeah, there was a brutal hack. And I think it yet again reminds or should remind you to not only hold self-custody as much as you can, but also to diversify, to not use centralized platforms to park or save your money, right? Rather diversify on multiple wallets, ideally on hardware wallets where you hold full custody of and only you, right? And no one else. So very, very important to have your security game right. So please take your security setup very, very serious. Phishing attacks and social engineering is extremely sophisticated these days. And it's just very, very important to have a solid setup. And also to be fully accountable for your own finances, right? Because that's what crypto does at the end of the day. It also forces us to be responsible and hold self-accountability, which is not the case in the traditional financial system, right? If you have your money on your bank and that bank makes a mistake, you can call someone. You can try to retrieve those funds or to save those funds. But in crypto, they're just gone. You can't call anyone. Anyways, looking into Cosmos price movements, we're also seeing a bloodbath. Double digits in the reds. And we're on extremely, extremely low levels already. Now another 10, 15% discount, which obviously, and you probably don't want to hear this, but I think you should hear this, is another buying opportunity. It's another opportunity to stack your favorite tokens. All these tokens are on huge discounts, except for Mantra probably, which is at around $8, right? And this thing was at a dollar like a year ago, at 10 cents, like almost two years ago. So this thing is in its own bull run. But besides Mantra, everything else is down bad. It's a D-W-D-X, 65 cents. Even Akash, 163. Osmo is still at 30 cents, which is like crazy to me. So huge discounts, yes. Of course, crypto is extremely risky and volatile. Everything can just go to zero like that. ABC can get hacked tomorrow. It can all be over tomorrow, right? It would not be something that we haven't seen before in crypto, that large protocols or whatever get hacked or go to zero. But I think in Cosmos or Cosmos technology stack is one of the most innovative ones. I truly believe in the AppChain thesis and the concept of sovereignty and interoperability. And I have some proof that this is actually the right path for crypto, right? The internet of blockchains all around sovereignty and interoperability. That is what Cosmos is all about. And you can argue about individual chains, about individual ideas, whether it makes sense or not. About the integrity or commitment of certain teams and projects, right? This is all fluid and dynamic and always evolves. But in the long term, I truly believe in that vision. And here on this channel, I cover the hottest and latest news in Cosmos together with my team at the C2Zone. We're a team of four now. And I think we're doubling down on Cosmos. We're not giving in. We're doubling down. Even though Cosmos as an ecosystem collectively has underperformed in the recent year, year and a half, I think it will have its time. Because the technology and the philosophy, the idea is winning, right? And also, by the way, for the records, I want to say that I do not own any OM. I do not own any Mantra. I actually know JP and the Mantra team since six years, like even before they started Mantra. But I never invested into Mantra. The only time I got some OM was to mint OMies, the NFT collection, right? So I have probably like 20 or 30 OM laying around. But I'm not an investor in OM. I don't hold any OM. Which is something that people are portraying or trying to get me to be viewed as the ultimate Mantra and OM whale. But I'm actually not. Because I just talk a lot about them, especially in recent weeks and months. Because they have done a lot of great things. And yeah, that's just one thing I wanted to clarify. Now, this week is a big week when it comes to conference season. Because we're seeing East Denver happening. And I'm not going to be there myself. But I think a lot of Cosmos people will be there. Barry, who is sitting here on the right. As well as Mac and people from Interchain Labs. They're also co-hosting an event with DoraHacks. And many other side events, more events. Denver is usually a very, very busy week. Or almost a month. Because there's just so much going on. Getting tens of thousands of people together. We actually did Atom Denver. The first version of what is now Cosmos XYZ, Cosmos Global. Back in 2022 in Denver. That was also the only and last time I was in Denver. But I think, yeah. This is always the conference that kicks things off. Well, there was another panel though. Last week at Penn Blockchain. With Zon, Zoni. Founder of Initia. Who is sitting on the left. And then this is Barry. And then next to Barry we have Brian Crane. Founder of Corus One. And former president of the Interchain Foundation. And this gentleman. I don't actually know who that is. But they had a conversation around general purpose. Versus app-specific chains. Basically the idea of the Fed protocol thesis. Versus the app chain thesis. General purpose being Solana. Being Ethereum. And app-specific ones being primarily Cosmos. That also basically stands for this entire vision. And Barry. Who is the co-CEO. Alongside Mac for Interchain Labs. Also said. And in the last week alone. He spoke to three new top 100 DeFi protocols. That are launching Cosmos chains. Very, very interesting. I don't know which those three chains are. But we just heard about Ondo launching a chain. Maybe there's some other major DeFi protocols. Right? There's Aave. There's probably Curve. I'm not sure if Curve is still in the top 100 compound. And Athena. And many, many others. So we'll see which three of those top 100 protocols. Are going to launch their Cosmos chains. But basically this proves the whole concept of sovereignty. And the app chain thesis. We're also about to see the launch of IBC v2. Which is going to enable IBC compatibility with Ethereum. And at the same time also. Is meant to finally accrue value for Atom. By positioning Atom in a way that it is. Offering a service that captures value from the adoption. Integration and volume. And usability of IBC v2. Also called IBC Eureka. But at the same time. It doesn't enforce those dependencies. At least that's how I personally understand it. I think we still have to see the exact full plan. On how that will look like. What is required for the Cosmos Hub to enable that. And what the economic model for Atom will be. However there is a big conversation going on right now on Twitter. Around Barry who is now super active. Barry and Mac by the way. Go follow them on Twitter. BPIV400. That's Barry's account. Mac is 0x Magmar. You can follow him here as well. They only have 5,000 and 4,300 followers respectively. Austin saying rotate from coins without a product. To coins with one. Vapor to value rotation. And I said this a few weeks ago. When we were at peak. Meme coin super cycle. AI memes and fart coin. And all these kind of things. Where a lot of also content creators. Were like you know. Throwing out their fundamentals. Their base convictions out of the window. To chase those narratives. To chase those new shiny things. And I think a lot of them are coming down a lot. And some of them will probably make it. But I said this a couple of weeks and months ago. That I'm a mid-curver. I believe in Cosmos. I believe in the upchain thesis. In sovereignty. Interoperability. IBC. I truly believe in those foundations. Right. And I'm not here for the short term. To like chase a new coin. That is like totally different. To what I stand for. And what CryptoC2. C2Zone. And everything that I do stands for. Right. And yes. Atom went through a lot. It is a rare token. That is true. It is still not fully out of the woods. I think there's still a chance. That Atom is actually not going to make it. Right. Like that chance exists. Also for any other cryptocurrency. Pretty much. But I think Atom still needs to. Fix a lot. When it comes to also its relations. Its vibe. The community. And also the positioning. The value accrual. And the narrative. The storyline. Right. I think a lot of things need to be fixed. To revive excitement. But it is a hardened core community. Around Atom. That is. Has been back holding for years. Of no product. Which I include myself in. I'm one of. One of the members of that hardened community. And I'm still there. Like I said. My Atom holdings are at an all time high. Even though in dollar terms. They're like 8 or 10 percent of my portfolio. Simply because other tokens have massively outperformed. But like Akash AKT for example. That did a 10x. Or now it's a 7x or whatever. While Atom has been. Yeah. At all time lows. At least since I bought it. In 2020 sometime. But now with McEwenberry at the steering wheel. With Industrial Labs. I think. There is finally a core team. There is finally a core team. That is not only now. Responsible and pushing. For the Cosmos tech stack roadmap. Around Comet BFT. The Cosmos SDK. IBC. But also the Cosmos Hub. And Atom roadmap. And also just generally. Reviving the Cosmos brand. And creating content. Like this here. With a new integration. Private browsing. For Sentinel DVPN. One of the OG chains as well. We're also still one of the validators on Sentinel. I still hold my DVPN bags. My DVPN bags are also at an all time high. I never really sold any of those. I bought in. I guess. Probably around the peak. In 2021. Probably not the exact peak. But like 40-50 percent below the peak. But I don't bet. But still I think. It's a great product. It's a good team. Small niche. At least for now. But I think once. Private. Blockchain based. VPNs take off. And this whole privacy sector. And narrative. Gains steam. Which I truly believe. Inevitably will. At some point. I think that DVPN. Will also. Catch up. And do well. At least that's my hope. And also it's a Cosmos. Chain. It has strong product. Market fit. It's a clear product. Right. It has actual demand. It's not some vaporware. Meme coin. Celebrity thing. It's an actual product. So I think. And I truly appreciate that. So yeah. That's that. And it also integrated Atom. Which is good to see. Now on the other hand. Like I mentioned. We have these conversations. About Atom. And IBCv2. That is. Also. Finding some criticism. Right. So NashQ is saying here. That. He doesn't like. That the IBCv2. Deployment. Or development. Completely depends. On the hub. And what a hub wants to do. Which obviously is good. For Atomholders. Like myself. If there would be. A level of dependency. Or enforcement. That every IBC transaction. Has to route through the hub. But I also truly. Believe. That this should not be the case. That it is enforced. I think it should be. Voluntary. Right. I think Greg. Gregory Landura. Founder of Region Networks. Said this like years ago. On my channel. In a conversation we had. That the Cosmos hub. Is a voluntary shelling point. And that really stick with me. And I think it should. Stay like that. But Barry also. Explaining more details here. Then Jack Semple. And chiming in. Who has been one of the core. IBC engineers. And has been building. On not only IBC. But also other projects. Like CC. CCTV. Or CCIP. Thing from. Chainlink. And then also. The Torchain. Bridge. And many others. So. Yeah. There are some fair points. Also that Jack is bringing up. Who is now not actively involved anymore. In building out IBC. But yeah. Overall I think it's an interesting conversation. And discussion. To have. Now. We finally have some. Big announcements from Agoric. The DCF. Who is the organization behind Agoric. And also Interprotocol. The stable token. Which is also our media partner. Here at the C2 zone. So. We have this media partnership. I think in recent months. It has been a little bit. Slow with news and updates. And obviously. Those are things that we want to coordinate better. I think. Yeah. I have a lot of conversations with Bob. And the Interprotocol team. Here and there. Also with the Agoric team. And I think they're true builders. They are very. They're like bit curvers like me. Right. They're true builders. True fundamentalists. And I think. This announcement around Fast USDC. Is very very good to see. Because now. They have a. Use case to. To showcase orchestration. And what this basically enables. Is that. Crosschain transfers. In USDC. Can be done. Under one minute. And currently. Take up to 20 minutes. But with Agoric's orchestration. Goes a lot faster. And especially in Cosmos. Where we have all those different chains. Where we have also. Connections to. Chains outside of Cosmos. But with Noble being the. Native issuance chain for USDC. This not only has a strong use case. For. Token transfers. But also. When it comes to. Staking. When it comes to lending. DeFi activities. NFT purchases. And swaps. Right. So. You can do that all. One click. Fast USDC. And this is what. The Agoric orchestration engine. Or orchestration contract. Power. So. That's good to see. At the same time. I really hope for. Interprotocol IST. To also gain more and more steam. Because. It is the only. Decentralized stable token. That we have in Cosmos. Right now. At least. That's kind of in production. That's working. That's been around for. For some time. We talked about their. De-artum integration. Which. Also gets you. Droplet points. But I think still. The UX is not there. Where it should be. I think it's still. Very very. Hard. And not. As intuitive. As it should be to use. So I think that is. Holding back. A lot of adoption. For interprotocol. But I think it is. Definitely. Important. To. Build out. A decentralized. Stable coin. Infrastructure. Ecosystem. In Cosmos. Right. Especially after the. Terra. UST collapse. And aftermath. Anyways. That's a great. Good to see that. As I mentioned. Noble already. They also have their. UST unstable. Token. The noble dollar. Coming very very soon. Which is. Yield generating. So it actually. Generates a yield. I think through. Yeah. Through US treasury bills. So it's backed by. US treasury bills. In collaboration with. M0. And this one is coming out. Very very soon. And we also have. Mantra. Now. Deploying. StreamSwap. Which is. In my view. The best. Way to launch. A token. Originally developed. By the. Omniflix team. That is also. One of the most. Underrated. I would say. Like. Unsung heroes. In Cosmos. They are like. Some of the best builders. In Cosmos. Best vibes. Best people. And. I think for Omniflix. Also. They maybe need to. Elevate a little bit. On their. Narrative. Storyline. And also capture. Value. Because I think. Story Protocol. Has shown. You know. What can be done. How high they can go. And how they can also. Dominate this entire. Niche of IP and media. Which is something. That Omniflix. Has talked about. Years ago. Like many. Many. Many. Many years ago. I remember like. 2021. Like four years ago. And story is now. On the scene. And I think. This is also an opportunity. For Omniflix. But anyways. StreamSwap. Is a way. Where you can do. A token sale. Basically. Right away. And this has previously. Only been deployed. On Osmosis. Which also means. You can directly list. And you know. Create liquidity pools. On Osmosis itself. But the way it works. Is basically. You as a token seller. You can. Set up a pool. And you can say. I want this pool. To be open for. I don't know. 24 hours. And then. There's a bonding curve. And then. Buyers can basically say. Okay. I want to buy 500 Osmos. Of this token. But instead of like. Buying it all at once. You are basically streaming. You are constantly. DCAing. Into that position. And. Yeah. The more people buy in. The higher the price will be. So. Very fair launch concept. And I think. This is one of the best. Ways to launch a token. Probably the best way. To launch a token. It should have a lot more. Adoption and visibility. You can play around with it here. You can see now. It's on Osmosis. Also injective. And now also on Mantra. They also had their first. Token launch on Mantra. With bike. That is a meme coin. And that generated them. Well. They had two pools here. One USDC. One. 350k. And one. On one. 47k. Which is another. 300,000 dollars. Or something like that. So. Anyways. That's good to see. On the other hand. We also have more news. From. Akash Network. And AppChain. Cosmos AppChain. For GPU. And the SuperCloud. And they released this chart here. Which shows. That Akash. Is 91% more affordable. Than Amazon AWS. And. Yeah. Also compared to. Google Cloud. Azure. All the other providers. And that's exactly why. I believe. Akash Equity will win. Because it's just a superior product. And it's more efficient. It's cheaper. Right? It's like Uber and taxis. Right? Like. It's just a superior product. So I think it will. Win eventually. And this is just a beautiful chart. To look at. The hard numbers here. But also. This one. Which was actually featured by. Grayscale. In their latest report. The growth of. Akash. Fear Revenue. And GPU leases. On Accelerated. In November. 2024. Are Accelerated. And. It's. I think this is also a. Clear. Sign. Proof. Basically. That Akash Equity has. Product market fit. And actually demand. Which is very rare. For a non-DeFi. Non. Meme coin. Non. Speculation. Only at least. Right? Of course. There's speculation with equity. And like. This whole AI narrative. But. It actually generates revenue. Right? And I think this is. And it. It grows as well. Right? It generates growth. And revenue. And I think this is. Very very important. For a project. And chain. That's been around. For. As long as Akash has. Which is like. Four years. I think now. In production. Now. We also have some news. From Say Network. Which is. The latest coin. To join the World Liberty Finance. Treasury. Trump's project. Crypto DeFi project. They bought. $125,000 worth. Of Say Network. 548,000 tokens. Just the other day. Say is a relatively new chain. I would say. I think. It's not as hyped. As other chains out there. Obviously. Now we have. A huge. Competitive landscape. When it comes to. EVM chain. Consider. In production already. Like. Obviously. Ethereum itself. But also. The injectives out there. The arbitrums. All these L2s. Optimism. Right. And Say Network. Is also one of them. Now we also have. Baratain. That just went live. And we have. Monad. Coming up. And there's an interesting. Comparison here. Between block time. Funality. And potential. Theoretical TPS. And apparently. Say on DevNet. Is absolutely killing it. Which also implements. This parallel EVM execution. Similar to how Monad works. I guess. In detail. There's like. A lot of difference. Which I'm not qualified to. To properly assess. Because I'm not technical. But. Definitely interesting chart here. Then also news from DYDX. They have now. Launched. Their freshly. Revised. Mobile experience. A new app. Trading with superpowers. A reimagined interface. To onboard. The next million. Perp trades. To DeFi's. Most powerful trading platform. You can now. Trade. On mobile. On DYDX. And I think. This is. Actually going to onboard. A lot of people. And DYDX. Also just one of the. Best projects. Representations. For Cosmos. App specific. For perp trading. Generating revenue. Decent trade volume. Strong brand. Strong team. Strong vision. Core community. Token price. Down right now. Down bad. In the basement. But I think. Sooner or later. This thing is going to. Thrive. At least my. DYDX specs. I'm not fully happy yet. I want to buy more. But. Yeah. That's one. One of the things. I need to. Stack more. Is DYDX. Now. We also have. Nillion. Coming up. Very very soon. Obviously. I say this. Since quite some time now. But now. It's actually. Due. Like imminent. Right. Nillion. Pushed into March. They were supposed to launch. Now in February. But. It pushed launch into March. Probably also because of the market circumstances. Because of. Maybe some final. Refinements. Because. The truth is also like. You kind of only have one launch. Right. Like. Remember. Half a month back in the day. It's like. When I had. Two launches. And I had to launch again. I think. That killed a lot of momentum initially. And a lot of traction. But. Yeah. Nillion. They are about to launch. Definitely one to put in your watch list. With Stuxedo. We're also very very proud. To be one of the Genesis validators. And also. Investors into Nillion. So. Very exciting times. For us. Of course. And as always. We disclose. Our investments. And our involvements. With the validator. Or. If you have media partners. Or whatever. Which right now. We don't really have a lot of media partners. At the C2 zone. Which is something that we're going to. To revamp and revise. In the coming weeks and months. At least all the investments. That are also now. Going to be formalized. With C2 Ventures. Work in progress. On the website. You're going to see. A full overview. Of all the projects and chains. That I have invested in. As C2 Ventures. But yeah. Nillion coming very very soon. And very exciting launch. That is happening. Now. We also shared. The 14th edition. Of Cosmos Bytes. If you prefer reading. Over listening. Or watching. Then Cosmos Bytes. Is for you. We made a full. Thread. Recap. Of everything that's. Cooking in Cosmos. And there is a lot. When it comes to. NFTs. Product launches. We talked about. The Noble. USDN launch. Initia is coming up. Very soon. Penumbra as well. Celestia drop. And so on and so forth. Mantra of course. So a lot of things are cooking. At the same time. You also have the opportunity. To earn some money. We just announced. The new round. Of C2 Earn. In collaboration with. Ailis Network. Where you can. Create to earn. So this is a platform. That opens up. The opportunity for you. To create content. Whether it's a thread. A tweet. A piece of. A blog post. A video. A clip. A YouTube short. A anything. Right? Like a clip that is. Well researched. That is accurate. With this information. Obviously needs to have reach. It needs to have some reach. Then. March 23rd. Is your. Deadline. For submitting. That piece of content. And you can. Go here on this form. Fill that out. And you see all the rules there. And then you are. You are. Potentially going to win some money. Like either Atom. Or UCC. And I think this is a good opportunity. To be honest. When I started with content. Like I wish something like this. Was like easily accessible. Right? Because this is really what. Initially onboards people also. And motivates people. Because I think it can be. Very very demotivating. If you are. If you enjoy doing content. But there's just no way. Or. You can't really. Think about. How do you. Eventually monetize that. Right? And you have to. Because you're putting in. A lot of time into that. So. This is a good start. To obviously. Increase the reach. For those projects. And at Cosmos Technology. In the end of the day. But at the same time. Also to motivate. New content creators. To join the space. Now. Also. We moved. Our CETO report. From MailChimp. To Substack. And I kindly ask you. To subscribe. To our Substack newsletter. So. The CETO report is now here. We're actually going to push out. A lot more. Newsletters. We used to do monthly. Now we're probably doing weekly. But it's also a lot of work. And a lot of time. And effort that goes into it. But I think it is. Very valuable. And. We're seeing based on the. Opening rates. Based on the. Feedback we're getting. Some people even pledge. Yeah. Like $8 a month. Or something. Like this is an entirely free newsletter. That one of Substack. You can basically pledge. To pay for that. Or to donate. Or compensate. For that. For that service. So. That's definitely much appreciated. But not necessary. But I definitely. Truly appreciate. And. Tang. Who is leading. That newsletter. Here on. The CETO Zone team. He's also. Very very grateful. And excited for that. So. Kindly go over. To the bottom. Of the video description. You'll find. A couple of links here. Number one. You'll see the. CETO Plus link. Which you can subscribe to. Led by CETMAS. Which is a product. For CETO Plus. That's a monthly membership. Of $39. That you can. Get premium content. For founder AMAs. We actually have one. Coming up very very soon. I'm going to announce it. Quite soon. In the CETO Plus group. Notifications on airdrops. Real time notifications. Per email. Also. Walkthrough tutorials. And if anybody. Has any question. Like we're immediately answering. Like we're at least. Supposed to immediately answer. Right. But yeah. That's that's that. And then CETO report. You can find the Substack link here. And then if you want to trade. On DYDX. We have a. Special referral link. That also saves you. On trading fees. But also. Gets a commission. An affiliate commission. To us. So that's much appreciated. Now finally. Quick round of news. Nomada. Teasing a. Character. Which eventually. Might also be a. NFT collection. Called. Adaman. Or Adaman. I'm not sure how you pronounce it. But yeah. Pixel. NFT. Collection. Maybe. It works. We'll see. But Nomada. Token launch. Or. Nomada. IBC transferability. Is also. Supposed to come very soon. Then we have a new. Twitter account. Babylon foundation. Gearing up for the Babylon. Token launch. The baby token. Is around the corner. So. Watch out for that. Babylon has a. Six billion dollar TVL. Or 5.5 billion TVL. Something like that. Net context. Breaking news. That I'm just sharing. As I'm recording this video. The news dropped. That the baby. Airdrop registration. Is now. Live. Be very very cautious. And always double. Triple. Quadruple check. Before you click on any of those links. Especially. Given that. The Babylon. Twitter account. Is brand new. And not. Does not have the. Golden check. Yet. Anyways. This is legit. You can come here. Click on that link. The official Babylon. Registration link. And you'll see. Who is eligible for that. You will see. That phase one. Stickers are eligible. Phase one. Finality providers. And also. Contributors to. Eligible. GitHub repositories. Which also includes. Cosmos. Contributors. Also. There will be. A social airdrop. That will be. For social media. Contributors. From the first. Bitcoin staking cap. On August. 2024. Before. February 19th. So. If you've been tweeting. Or creating content. Around Babylon. Then you might be eligible. For that airdrop. And. The baby token. In that context. Is coming very very soon. And I think. It's going to be. A juicy airdrop. And also. One of the most highly anticipated. Cosmos chains. That is launching. Then. Also. Nishia. That. Has also announced. Something very interesting. With drop. Drop. That money. Which is basically. A tokenized. LP position. Of in it. And use DC. But also. Can be staked. In enshrined liquidity. So. That's very interesting. Basically. You're. Accruing. Sicking rewards. And you're also. Accruing fees. From that LP position. As far as I know. I'm not sure how that works. Without. Impermanent loss. But. Yeah. Definitely. Interesting concept. Interesting idea. And I think. Inicia. Is also one of the most. Highly anticipated launches. We're not. We're. At least for now. We're not running any. Infrastructure for Inicia. I'm not invested in Inicia. I don't hold any Inicia. I have no affiliation with them. But I think. It is. Definitely going to be. An interesting launch. And one of the biggest. Cosmos launches. That is coming. In the near future. For Saga. I am an investor. And we are running a validator. But. They. Just announced. The. Vault 2.0 criteria. Quick update here. There are going to be. Two type of vaults. One is going to be. The activity vaults. And then we have. Loyalty vaults. The TLDR is basically. Right now. You don't have to take. Any additional action. We are going to share. Real time notifications. To all C2 Plus members. Per email. And also tag them. In our discord. To be first notified. When those things are live. And then. Whenever I do the next video. Here on the channel. I'll also keep you posted. Of course. And eventually. There will be more. Predictable rewards. So. 20,000 tokens. Will be distributed. Monthly. To incentivize staking. 2 million. Will be distributed. For LP providers. And then. An additional 1.8 million. For the loyalty vaults. So. That is. The new program. And I think. The liquidity. Integration layer. For Saga. Cannot come soon enough. Especially considering. That in April. We're going to have. The first unlocks coming. I have. Invested into Saga. Like 2022. So long. Long time ago. Full disclosure. For my site. I did stake. My Saga investment. And yes. The. Staking rewards. Are liquid. But until now. Over the past. Nearly a year. I have not sold. A single Saga. From that. And like. It used to be a lot. Like. Especially when it went live. At like. Four or five dollars. Whatever. Like. Selling those staking rewards. Would actually be. Like. Very very nice. But I didn't do it. Because also the thing is like. If I do that. Then. It's just. It will affect my reputation. And I think for me. It's more important. To be aligned in the long term. Also for. The sake of my relation. And like. As a. You know. Investor. With C2 Ventures. I do not believe that. Just like. Maximizing. Like. Squeezing every cent. Of profit. Makes a lot of sense. Especially. If you're public facing. Right. And like. Out there. Like I am. I think for me. It makes more sense. To play the long game. And that's what I've been doing. And that's what I also am doing. With Saga here. And also like. If the unlock is happening. I'm not going to like. Unstake and just sell my Saga tokens. Right. Even if it goes to like. Two or three dollars. Unless there's some huge bill. I need to pay suddenly. Or something happens. Of course. Right. But. That's not the case right now. But just so you understand. How I also think about. Those things. And like. Investing in general. And also these early stage investments. Right. But I think also generally speaking. It should not be the case. Like the default case. That like. Staking rewards. Are not vested. Or subject to the investing schedule. Which is something that also. Now other projects. Are actually implementing. Right. Like. Movements. Or. Initia. They're also not. Either enabling staking. For early investors. Or at least. Also. Making those. Rewards. Subject to a divesting schedule. Finally. A different thing. Which is not actually Cosmos. But Monat. It just launched their testnet. And with Stuxedo. We will be trying hard. To get into. Their testnet. And mainnet. As a validator. Of course. So. Any support. Is much much appreciated. If you know anyone in Monat. Please shill ask to them. It's going to be highly competitive. But I think. Monat is definitely interesting. And. With this evolving landscape. In the EVM space. I think. It's just. Very very important. Especially for. Like. Node providers. Infra providers. To. To go with the flow. Right. To be in the pulse. Of innovation. And like. Monat is one of the most innovative projects. That also happened. To raise. Quarter billion dollars. And. I think. Their launch. Is going to happen sometime. In like. Probably later this year. Like Q3. Q4. In terms of like. Mainnet launch. But. Yeah. The testnet went live. As always. I think. I'm saying this here. Right now. To be very very clear. Yes. Testnet alive. There might be an airdrop. But I think. Especially for like. Doing basic transactions. On a testnet. Which is. Like the Monat testnet. Is probably going to be. As farmed. As the Baratain testnet. So. Do not expect an airdrop. At all. If you're playing around with testnet. Like. Don't waste your time. To. Spend a lot of time. On the Monat testnet. Just to get the airdrop. That said. There might be an airdrop. There could be an airdrop. Who knows. I don't know. For sure. I don't know. But. Yeah. Just so you know. Like. Don't waste your time. Only with the goal. To get an airdrop. Because. Likely. That's probably not going to make you rich. Because. You're not the only one. With this. With this idea. Right. There's like. Tens of thousands. Probably hundreds of thousands. Plus. Like a lot of farmers. That have like. Hundreds. Maybe a thousand of wallets. Automated bot systems. Right. That are farming. Those chains. Like. A hundred times more. And faster. Than you ever can. If you do all of that manually. Right. Anyways. That's that. I hope you enjoyed the video. Of course. Like I always say. Don't give up. There's another chance. To get tokens. Cheap. To get quality projects. With strong fundamentals. With extra product market fit. We talked about. A lot of these projects today. Like DYDX. Like Akash Network. Even like Sentinel. Right. Which is just a small example. Because Sentinel. Does have. Very low traction. At the moment. In the broader context. Of crypto. It's a very. Kind of cold narrative. Right now. The entire privacy narrative. But also. If you look at Penumbra. If you look at Amada. Even if you look at AluZero. Which is also. Content partners here. At C2Zone. Those are all quality. Projects. Chains and teams. I hold all of these tokens. Or most of them. Also narratives. That are currently very cold. Right. Even passage. Right. Clear product market fit. Strong team. But it's just not their time. Right now. And I think. If they get it right. If they pull through. If they also. Work on their economics. And also understand. That. Their token. Is part of the product. Or actually. The main product. Right. At least. That's what most people in crypto. How they see it. Right. They look at the token. Then I think. Those projects. Will do very very well. And the coins. Will do very well. In the bull run. Anyways. That's all for today. I hope you enjoyed the video. Like. Subscribe. Follow. C2Zone on Twitter. I'll see you very soon. Until then. Stay safe. And be good.

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