Cosmos targets a 100x liquidity increase by 2025, driven by improved infrastructure, onboarding, and integration of innovative technologies like rollups.
The Cosmos (ATOM) ecosystem is set for an explosive growth phase with a strategic move to boost its development and liquidity. In a major development, the Interchain Foundation (ICF) has acquired Skip, a prominent player in the Cosmos community. This acquisition marks a decisive step toward unified engineering, product strategy, and execution.
https://twiter.com/cosmos/status/1867528168749314545
The new subsidiary will focus on consolidating Cosmos' development under one roof, transitioning from a distributed model to in-house development. Co-founders Barry Plunkett and Maghnus Mareneck are set to lead Interchain Inc., offering strategic clarity while preserving ICF's foundational role in Switzerland.
A major highlight of this move is the commitment to making the Cosmos Hub the centerpiece of the ecosystem. The Hub, alongside the ATOM token, will play a critical role in connecting decentralized applications with users and liquidity. Interchain Inc. will create a dedicated Hub team focused on enhancing user adoption, driving a feedback loop that benefits both developers and the Hub.
Cosmos' impact is undeniable. Over 115 mainnets are connected through the Inter-Blockchain Communication (IBC) protocol, facilitating over $1 billion in monthly transactions. The CometBFT consensus engine secures billions of dollars in value, showcasing the robustness of the Cosmos infrastructure.
Liquidity remains a key factor in Cosmos' future. For developers and users, increased liquidity translates to more opportunities, simpler onboarding, and stronger application performance. By improving infrastructure and user experience, the mission to exponentially grow liquidity -- or 100x it -- is well within reach.
The mission to 100x liquidity focuses on three core areas: creating technical opportunities, simplifying app chain development, and improving onboarding. Interchain Inc. plans to attract external liquidity, unlock staked assets, and expand the existing liquidity pool. The end goal is a thriving ecosystem where applications and liquidity flow seamlessly.
As the Cosmos ecosystem evolves, the importance of integrating new technologies like rollups, Layer 2 (L2) solutions, and restaked services cannot be ignored. Interchain Inc. will enhance the Interchain Stack to support these innovations, ensuring the platform remains versatile and future-ready.
Throughout 2024, ICF and Interchain Inc. will focus on restructuring and aligning their vision for 2025. Barry Plunkett and Maghnus Mareneck, who lead Interchain Inc., will shape the next chapter of blockchain innovation with their clear vision and hands-on approach. The Cosmos mission to 100x liquidity is not just ambitious -- it's achievable.