Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?
Cointelegraph
Published Feb 03, 2023 03:00PM ET
Updated Feb 03, 2023 04:40PM ET
In September 2022, Interchain Foundation, the team behind Cosmos’ development , introduced the Cosmos ATOM 2.0 whitepaper. The document proposed significant changes to Cosmos’s design, including a tokenomics upgrade to fund the Cosmos ecosystem development and reduce ATOM inflation.
While the whitepaper launch acted as a bullish catalyst for ATOM price, the community vote to pass the proposal eventually failed, primarily because of its enormity. Some community members wanted to take a measured approach to each development feature listed in the whitepaper, starting with Interchain Security in Q1 2023.
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Written By: Cointelegraph
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