When ATOM is classified as a commodity, it can truly become a multichain store of value. The fact that tokens had to be "utility-only" has held Cosmos (as a multichain ecosystem) back. ATOM as a commodity allows a business model that solves all of Cosmos' value accrual issues.

Now, @exodus joins @RevolutApp in offering ATOM staking in-app. Work with real businesses.

Behind the Science @0xMagmar Learn all about the Co-CEO of Interchain Labs ⏰ Wed July 23rd, 17:00 UTC 👇 Set your reminders

▚▚ SOVEREIGN SERIES ▚▚ @0xMagmar explains why Cosmos is the most established, trusted and battle-tested stack for building sovereign layer-1 blockchains, with more than 200 chains currently live on mainnet.

It would be great to allow the 2m+ Cosmos users to invest in projects they love and use at the ground floor. @cobie what's the process to open Echo up to a new ecosystem like ours? We have a bunch of teams that could be great fits!

I have the answer, @elonmusk. @cosmos is just getting started.

Cosmos is the stack, $ATOM is the stock.

I will see you at Cosmoverse! Every business will have a Cosmos chain, and we'll start in Croatia.

I would like to announce that I am leaving Cosmos. Every investor in the world has told me Cosmos is cursed. Only now do I understand why. Somehow, as soon as I said “Cosmos,” I was poor, instantly, and all my money had been transferred to a group of validators. When I was in Ethereum and Solana, I was rolling in money. Users were dime a dozen, all I had to do was deploy a website and discord, and my application had instant PMF. Every shitcoin I launched went to $1bn+, without any effort. In Cosmos, I have to do work, and it sucks. Obviously, I am brilliant - but the fact that the ecosystem does not recognize it and reward me is ridiculous. It’s clear that all the users are on Solana. By that, I mean they reside, permanently inside the chain. They have no capability of using my app on Cosmos, even though it’s hosted on a normal website like all the Solana apps. By being on Solana, the users have suddenly noticed me, and I am successful. Because that’s how users work - they only care where you build something, not how good it is. I would like you to please like and retweet this, because I haven’t gotten any attention in this ecosystem, and moving ecosystems is going to solve all my problems. Please notice me, because I will now be very successful once I’ve left Cosmos. Good luck to all the builders still hanging around, I know you’ll be coming with me to the promiseland - Solana - very soon. Mag

Where does Cosmos Hub (ATOM) go from here? Interchain Labs just announced discontinuing the integration work of the EVM on the Cosmos Hub. That means, the network is no longer going to become a smart contract platform with it's own DeFi layer. Instead, $ATOM will go in a new direction and focus on establishing new business models. In my interview with Interchain Labs co-CEO @0xMagmar, I asked him about exactly that, and how ATOM can be positioned to start capturing value: