New projects to keep eye on Cosmos Network  - PART I

New projects to keep eye on Cosmos Network - PART I

By Cosmonauta | Cosmonaut | 8 Feb 2022


PART I,  IBC enabled heavyweights

Juno 🌌

Juno is already doubled it's price last week, one of the biggest reason is probably Junoswap's debut and their future $RAW token airdrop, well you know Cosmos means airdrop for many 🪂 As you know  CosmWasm is "generally the main smart contract framework on Cosmos". Juno is more than smart contracts and it is actually most user friendly (read codeless) layer1 where you can even easily mint your own CW20 Token through junomint.

As they put the open world of Juno will leave "developers [to] tackle a wide array of dApps on Juno and eventually deploy them on the Mainnet ranging from gaming to DeFi.

Junoswap, still in beta

Osmosis.zone 🧪

 

Osmosis.zone is most popular The Interchain AMM / DEX on Cosmos right now, $OSMO price even doubled during the bear market even though it's just a DEX token right now. So many projects launched on Osmosis: liquidity bootstrap pools, many airdrops for OSMO stakers and really nice incentivized liquidity pools. 

Apart from their successful token, in 2022, I would watch closely anything on osmosis.zone: by the way it's the only place for buying some tokens, like previously mentioned $JUNO, $CMDX etc. Every Cosmos ecosystem lover should stake $OSMO, and join their incentivized liquidity pools.

 

osmosis.zone, enter the lab

UMEE 🛸

UMEE is Cross Chain DeFi Hub for rates, staking, and interoperability, "The Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols". You still can not buy $UMEE token since it's not issued yet and they have only conducted sale on coinlist. As writing of this article, don't trust any sites that they are selling $UMEE tokens

Their testnet is coming to Cosmos in 2022 Q1 so absolutely their mainnet is approaching. Before it launches do not forget to take a look on their tokenomics here on their medium blog. Since they are operating between Ethereum and Cosmos, there will be ERC20 token and native token. However their ERC20 token will be available in mid February 2022. Since their token distribution seem quite fair, with whooping %46 for community allocation (however %14 private sale), UMEE is my next best thing in late 2022.

UMEE app, still in BETA

 

Instead if you are curious about what 2022 will bring to the cosmos, here is an article from official cosmos medium blog, 2022 will be exciting!

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