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What is Cosmos?

Plenty of crypto industry players recognize levels of fragmentation in blockchain networks as a key problem. There are hundreds of them, but only a few can communicate with each other. The Cosmos's goal is to solve this problem.

The project is a Level 3 blockchain. The main goal is to make the infrastructure easy to use. Therefore, the network development tools focus on efficient modularity. This way, the crypto-network is built quickly, using previously created code snippets. In the long-term view, there are chances to create complex applications in the future.

Another priority is scalability. A considerably higher number of transactions are processed per second than in blockchains like Ethereum and Bitcoin. If blockchains are widespread in the future, they will need to handle the load and demand more efficiently than the current payment companies. Do you think they can cope?

 

How many coins are in circulation

Speaking of ATOM Cosmos coins, there is an unusual amount of supply. There are exactly 260906513 tokens, and not a token more. There are over 203 million in circulation.

 

How to mine ATOM? The coin is not minable. Users can only stake them to get additional profit..

The first two private sales took place in January 2017. The public sale was in April. As a result, the project raised $16 million. The equivalent is $0.10 per token. Distribution:

  • 80% for investors;
  • 20% distributed between two companies: Interchain and AllInBits.

 

You can find and convert ATOM on popular exchanges: Binance, OKEx, Coinbase, etc.

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