WHAT IS COSMOS (ATOM) ?

in #cosmos3 years ago

What does Cosmos coin do?
Cosmos is a dual-layer network that enables token, data, and asset exchanges between blockchains. Each chain on the network operates independently. Cosmos Hubs validate on-chain transactions and earn ATOM through staking. ATOM is the native cryptocurrency token of the Cosmos Network.

Is Cosmos coin a good investment?
Cosmos could be interesting for long-term investors.

This is succeeding very well, even if Cosmos is still somewhat overshadowed by its major competitor Polkadot. ... If you believe the experts, the ATOM token should be an exciting investment for long-term investors

What is Cosmos Blockchain?
Cosmos aims to create what they describe as the “'Internet of Blockchains”, a network of blockchains able to communicate with each other in a decentralized way. Cosmos is a network comprised of many independent blockchains, all of which use byzantine fault tolerant (BFT) consensus algorithms.

ATOM value statistics
Price to USD $ 19.21
Rank 22
24h volume $ 213.48 million
Market cap $ 4.58 billion
Fully diluted market cap $ 5.00 billion