Cosmos
Name
Cosmos
Summary
Cosmos is a network and a framework for interoperability between blockchains.
-It was founded by Jae Kwon, Zarko Milosevic, and Ethan Buchman in 2014.
-The platform is supported by Tendermint Core, which offers a speedy performance, steady, protected PBFT-like consensus engine.
Rating
Symbol
ATOM
Overview
Cosmos is a blockchain project directed to enable connection and interaction among blockchains with diverse functionalities. The team working on this project defines Cosmos as an “Internet of blockchains.” Cosmos proclaims to offer scalability, usability, and interoperability, which are essential to attain the broader acceptance of blockchain technology.
Cosmos is a network of independent blockchains in which the mode of communication is IBC (Inter-Blockchain Communication), an interoperability protocol developed after TCP/IP for the secure transmission of data and value. The Cosmos Hub is, also recognized as "Gaia," is a Proof-of-Stake (PoS) chain with an inherent token, ATOM, which acts as the primary center for monitoring transactions and data between blockchains within the Cosmos network.
Historical Price Movement (in INR)
Technology
Cosmos is a network linking numerous independent distributed ledgers (e.g., Ethereum, Bitcoin) to attain interoperability across blockchains. Its objective is to "create an Internet of Blockchains", i.e., "a network of blockchains where every member can communicate with each other in a decentralized way".
Cosmos is developed on a set of independent blockchains denoted as zones, which are backed by the Tendermint Core accord mechanism - a Byzantine Fault Tolerance (BFT) accord mechanism used to scale public Proof-of-Stake (PoS) blockchains.
Ethermint, an exact clone of Ethereum's smart contract language Solidity, is the first language to be supported on Cosmos.
Use of Native tokens in the ecosystem
The native token of the cosmos is “Atom.” ATOM tokens are earned by a hybrid proof-of-stake method, and they aid in the security of the Cosmos Hub, the project's main blockchain. This cryptocurrency is also used to administer the network.
Seed tokens
5.08%
Strategic tokens
7.03%
Public fundraiser
67.86%
All in bits.inc (Tindermint)
10.03%
Interchain Foundation
10%
Volume (As of 3rd April 2022)
$1,796,651,931
Total Supply
NA
Circulating supply
286,370,297.00 ATOM
Crowd Sales
Over the course of seven rounds of investment, Cosmos Network has raised a total of $17 million. Their most recent fundraising round was a Venture-Series Unknown round on May 27, 2021.
Funding
27/05/2021: Venture Round- NA
3/06/2019: Series A- NA,
1/01/2019: Seed round -NA,
6/04/2017: Initial Coin Offering- $17M,
1/04/2017: Venture Round - NA,
1/04/2017: Initial Coin Offering- NA,
1/03/2017: Funding Round - NA
Country
U.S.A
Name of Organization
Tendermint Inc.
Year Incorporated
2014
Registered Address
29th Floor, 85 Broad Street New York, NY 10004 United States
Dispute Resolution and Governing Law
U.S.A
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Jae Kwon | Founder and CEO | Cronell University: BS in computer science | 17 yrs |
| Ethan Buchman | Co-Founder and CTO | University of Guelph: Bachelor of science | 8 yrs |
Whitepaper 
