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Cosmos (ATOM)

Blockchain
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ICO

Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.

Cosmos White Paper Whitepaper

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Ticker
ATOM
Type
Utility-token
FoundedSwitzerland
Registration countrySwitzerland
Registration year2014
Office addressGartenstrasse 4 CH-6300 Zug, Switzerland
Ecosystems

What is Cosmos

Before the Cosmos Network, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small number of transactions per second. Cosmos solves some of the hardest blockchain problems of scalability, usability and interoperability.

The Cosmos network consists of three layers: the application layer, the networking layer and the consensus layer. The application layer processes transactions and updates the state of the network, while the networking layer allows communication between transactions and blockchains. The consensus layer helps nodes agree on the system's current state.

Cosmos uses a set of open-source tools to connect the various layers together and enable developers to build dApps. The Cosmos SDK is a developer-friendly, modular framework, each powered by a Byzantine Fault-Tolerant consensus algorithm such as Tendermint BFT, allowing developers to fully customize their decentralized applications and focus on business logic.

Cosmos Roadmap

1
Delta Upgrade (Completed July 12, 2021)
  • Gaia v5.0.x
  • Gravity DEX:
    • A scalable AMM model for token swaps
    • Drives liquidity for tokens on the Cosmos Hub
    • Delivers price consistency and order execution
2
Vega Upgrade (Completed December 14, 2021)
  • Gaia v6.0.x
  • Cosmos SDK v0.44
    • Fee grant module:
      • Allows paying fees on behalf of another account
    • Authz module:
      • Provide governance functions to execute transactions on behalf of another account
  • Liquidity Module v1.4.2
    • The Gravity DEX with updates for dependencies
  • IBC v2.0.0
  • Tendermint v0.34.14
  • Cosmosvisor v0.1.0
  • IBC packet forward middleware v1.0.1
    • Cosmos Hub as a router
  • External chain launch: Gravity Bridge
    • Transfer ATOM, ETH, ERC-20, and other Cosmos tokens between Ethereum and the Gravity Bridge Chain and by extension all IBC connected chains.
    • Fee and reward model hosted across Cosmos and Ethereum
3
v7-Theta Upgrade (Completed March 25, 2022)
  • Gaia v7.0.x
  • Cosmos SDK v0.45
    • Minimal update with small fixes
  • Gravity DEX: Liquidity v1.4.5
    • Adds a circuit breaker governance proposal type to disable adding new liquidity in order to make a migration possible.
  • IBC 3.0.0
    • Interchain Account Module
      • Allows the creation of accounts on a "Host" blockchain which are controlled by an authentication module on a "Controller" blockchain.
      • Allows the creation of accounts on a "Host" blockchain which are controlled by an authentication module on a "Controller" blockchain.
      • Arbitrary messages are able to be submitted from the "Controller" blockchain to the "Host" blockchain to be executed on behalf of the Interchain Account.
      • Uses ordered IBC channels, one per account.
4
v8-Rho Upgrade (expected Q1 2023)
  • Gaia v8.0.x
  • Cosmos SDK v0.45.12
    • Version bump with a number of fixes
    • See changelog (opens new window)for details
  • IBC v3.4
    • See changelog for details
  • IBC Packet Forward Middleware v3.1.1
  • IBC Msg Whitelist to skip MinFee in CheckTX
  • Global Fee Module
    • Allows denoms and min-fees to be governance parameters so gas can be paid in various denoms.
    • Visible on tgrade already and enabled in ante.go
5
v9-Lambda Upgrade (expected Q1 2023)
  • Gaia v9.0.x
  • Cosmos SDK v0.45-ics
  • IBC 4.2
  • Interchain Security - Replicated Security
    • The Cosmos solution to shared security that uses IBC Cross Chain Validation (CCV) to relay validator set composition from a Provider Chain (Cosmos Hub) to a Consumer Chain. This validator set is in charge of producing blocks on both networks using separate nodes. Misbehavior on the Consumer Chain results in slashing Provider Chain staking tokens (ATOM).

Token Sale Dates

Presale Period

Start date: Mar 06, 2017
End date: Mar 06, 2017

ICO

Start date: Apr 06, 2017
End date: Apr 06, 2017

Token Allocation

Presale Token Supply 132,293,114 ATOM
Total Token Supply 292,586,164 ATOM
Total Tokens for Sale 292,586,164 ATOM

Funding Details

Funds Raised (as of now) 17,000,000 USD

Token distribution


67,86% - Public Fundraise
10,03% - All in Bits, Inc
10% - Interchain Found
7,03% - Strategic
5,08% - Seed

Token Price and Payment Options

Token price USD 1 ATOM - 0,1 USD

Project team

Jae Kwon
Jae Kwon
Founder of Cosmos
Jae Kwon linkedin-team
Ethan Buchman
Ethan Buchman
Cofounder of Cosmos
Ethan Buchman linkedin-team
Brian Crain
Brian Crain
Vice President
Brian Crain linkedin-team
Fernando Pedone
Fernando Pedone
Council Member
Fernando Pedone linkedin-team
Maria Gomez
Maria Gomez
Managing Director
Maria Gomez x-team
Oliver Schwarzenbach
Oliver Schwarzenbach
Accounting and Tax Manager
Marius Budu
Marius Budu
Finance Manager
Marius Budu linkedin-team
Anna Schmauser
Anna Schmauser
Operations LeadOperations
Anna Schmauser linkedin-team
Sam Sandhu
Sam Sandhu
Global Recruiting Lead Operations
Sam Sandhu linkedin-team
Abra Tusz
Abra Tusz
Governance Strategist MarComms
Abra Tusz x-team
Aditya Ravi Raj
Aditya Ravi Raj
Protocol Analyst IBC
Aditya Ravi Raj linkedin-team
Aditya Sripal
Aditya Sripal
Tech Lead IBC
Alice Nykur
Alice Nykur
Discord Lead MarComms
Alice Nykur x-team
Carlos Rodriguez Vega
Carlos Rodriguez Vega
Project Lead IBC
Carlos Rodriguez Vega linkedin-team
Charly Fei
Charly Fei
Software Engineer IBC
Charly Fei linkedin-team
Cian Hatton
Cian Hatton
Software Engineer IBC
Cian Hatton linkedin-team
Colin Axner
Colin Axner
Software Engineer IBC
Damian Nolan
Damian Nolan
Software Engineer IBC
Damian Nolan linkedin-team
Daniela Pavin
Daniela Pavin
Team Lead MarComms
Dimitris Fasarakis-Hilliard
Dimitris Fasarakis-Hilliard
Software Engineer IBC
Dimitris Fasarakis-Hilliard linkedin-team
Ozgur (Zoltan)
Ozgur (Zoltan)
Telegram Lead MarComms
Roberto Cassa
Roberto Cassa
Social Media Lead MarComms
Roberto Cassa linkedin-team
Serdar Turkmenafsar
Serdar Turkmenafsar
DevRel Engineer IBC
Susannah Evans
Susannah Evans
Product Lead IBC
Susannah Evans linkedin-team
Syed Choudhury
Syed Choudhury
Comms Strategist MarComms
Syed Choudhury linkedin-team

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