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 magmar 🇺🇸, I asked him about exactly that, and how ATOM can be positioned to start capturing value:show more

There was no clear answer to the question of atom accruing value, but here's an idea: if the goal is to generate revenue by providing services to cosmos chains, why not use part of that revenue, let's say 50%, to buy back $ATOM and redistribute it to stakers?

Good convo. Mag and Barry are clearly thinking a few moves ahead with this pivot. Thank God they won’t be funding blockchain dreck. Atom deserves grownup stewards & these guys are it 🎯Bullish

Nice!

In short just buy ATOM

Bullish ⚛️

Good interview. Seems like ATOM is in good hands.

@0xMagmar bullish behavior

After watching the interview with Cito, I still struggled to fully grasp what real-world problems the Cosmos Hub project is solving in order to generate tangible value. Could you elaborate?

After all years, finally we have someone who is trying to come up with BUSINESS MODEL.

Spot on — the real challenge is getting actual users, not just wallets. When infra quietly powers familiar experiences like streaming, and creators don’t even realize it’s on-chain... that’s when we know it’s working.