Blockchain technology as we know it has a lot of issues facing it. There are several projects coming up each day trying to address each of these issues and attempting to make the blockchain industry better each day. Blockchains like the ones of Bitcoin are still using a proof of work consensus mechanism which consumes high energy and resources and still fails to deliver a seamless experience to its users. To address the issues that face the blockchain industry today, Tendermint has brought up a project, Cosmos, that solves the hardest of the issues related to blockchains.
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What is Cosmos (ATOM)?
Founded by Zarko Milosevic, Jae Kwon and Ethan Buchman, Cosmos(ATOM) calls itself the project that can solve the hardest problems facing blockchain technology. The current blockchain industry and the proof of work consensus mechanism used in it has a lot of issues that cost a lot of time, energy and other resources. Cosmos is a one-stop solution for all the problems that face blockchain technology. The project aims to do so by providing an ecosystem that has connected blockchains. Among its other objectives, Cosmos(ATOM) also demystifies DApps for the developers with its modular framework; preventing fragmentation in the blockchains making communication between blockchains more seamless. The white paper of Cosmos(ATOM) is published in the year 2016, with the main goal of enhancing the experience for the developers on the ecosystem among its other objectives.
Is it profitable to invest in Cosmos (ATOM)?
If you look at the price predictions, one could say that investing in Cosmos could be profitable.
With major issues facing blockchain technology, Cosmos(ATOM) as an ecosystem could grow more and more over coming years and your investments could grow with the growing ecosystem. This project is more than just a bridge connecting the blockchains and its use cases could pave the way for your profits.
Cosmos (ATOM) Tokenomics
ATOM is the governance token of Cosmos. These tokens can be used for administration purposes, which means the token holders can vote on important governance decisions that could influence the progression of the ecosystem. The Cosmos(ATOM) tokens are earned through staking instead of mining. The total supply of Cosmos(ATOM) is 260,906,513 ATOM, out of which, 233,658,638 ATOM are in circulation. The maximum supply of Cosmos(ATOM) is unknown at the time.
What will Cosmos (ATOM) be Worth in 2021 Price Prediction?
As Cosmos (ATOM) Price Prediction 2021 is forecasted to reach $30.6238
What will Cosmos (ATOM) be Worth in 2022 Price Prediction?
Cosmos (ATOM) Price Prediction 2022 is forecasted to reach $44.298
What will Cosmos (ATOM) be Worth in 2023 Price Prediction?
Cosmos (ATOM) Price Prediction 2023 is forecasted to reach $65.9436
What will Cosmos (ATOM) be Worth in 2024 Price Prediction?
Cosmos (ATOM) Price Prediction 2024 is forecasted to reach $92.2892
What will Cosmos (ATOM) be Worth in 2025 Price Prediction?
Cosmos (ATOM) Price Prediction 2025 is forecasted to reach $120.3248
What will Cosmos (ATOM) be Worth in 2026 Price Prediction?
Cosmos (ATOM) Price Prediction 2026 is forecasted to reach $240.6496
What will Cosmos (ATOM)be Worth in 2027 Price Prediction?
Cosmos (ATOM) Price Prediction 2027 is forecasted to reach $360.9744
What will Cosmos (ATOM) be Worth in 2028 Price Prediction?
Cosmos (ATOM) Price Prediction 2028 is forecasted to reach $481.2992
What will Cosmos (ATOM) be Worth in 2029 Price Prediction?
Cosmos (ATOM) Price Prediction 2029 is forecasted to reach $601.624
What will Cosmos (ATOM) be Worth in 2030 Price Prediction?
Cosmos (ATOM) Price Prediction 2030 is forecasted to reach $721.9488
What will Cosmos (ATOM) be Worth in 2035 Price Prediction?
Cosmos (ATOM) Price Prediction 2035 is forecasted to reach $1203.248
What will Cosmos (ATOM) be Worth in 2040 Price Prediction?
Cosmos (ATOM) Price Prediction 2040 is forecasted to reach $1804.872
What will Cosmos (ATOM) be Worth in 2045 Price Prediction?
Cosmos (ATOM) Price Prediction 2045 is forecasted to reach $2406.496
What will Cosmos (ATOM) be Worth in 2050 Price Prediction?
Cosmos (ATOM) Price Prediction 2050 is forecasted to reach $3008.12
Wrapping Up
The above mentioned are the prices that Cosmos(ATOM) is forecasted to reach in the near future. Cosmos (ATOM) project could solve the scalability issues, interoperability, usability and also power effectivity. If you are interested in investing in Cosmos(ATOM), these use cases could make your investment profitable. For more related content visit Postling.
