Hava Coin For IBC staking

[Metha Wulandarin]

I got this $HAVA airdrop, but it's worthless.

$ATOM stakers do get lot of airdrops, but most of them tend to be worth not much, this is the reason why Cosmos ecosystem doesn't have airdrops hype as much as EVM chains, and Solana.

This is one of the reasons why I'm not so interested in this kind of airdrop system, because you know yourself the number of people staking is almost millions of people maybe even more while the airdrop distributed is only a few percent of the total supply, so it's no wonder that the airdrop given is almost worthless or there is value but not much.

[MrSpasybo]

This is one of the reasons why I'm not so interested in this kind of airdrop system, because you know yourself the number of people staking is almost millions of people maybe even more while the airdrop distributed is only a few percent of the total supply, so it's no wonder that the airdrop given is almost worthless or there is value but not much.

I believe the problem lies in the development and potential of the Cosmos ecosystem. When ATOM price does not have impressive growth, investors will not have the need to experience Cosmos and money will not flow into this ecosystem, projects on Cosmos will find it difficult to develop strongly and the price of their tokens will not have impressive growth.

Some tokens related to Cosmos have achieved success because they are Layer-1 and have their own ecosystem. Cosmos IBC can be very effective, but unfortunately the demand for crosschain is not really large and Layer-0 projects like Cosmos and Polkadot may not be noticed yet. I hope that the strength of Layer-1s in this bullrun will be able to drive demand for crosschain and help ATOM and many tokens in the Cosmos ecosystem increase in price!

[Metha Wulandarin]

This is one of the reasons why I'm not so interested in this kind of airdrop system, because you know yourself the number of people staking is almost millions of people maybe even more while the airdrop distributed is only a few percent of the total supply, so it's no wonder that the airdrop given is almost worthless or there is value but not much.

I believe the problem lies in the development and potential of the Cosmos ecosystem. When ATOM price does not have impressive growth, investors will not have the need to experience Cosmos and money will not flow into this ecosystem, projects on Cosmos will find it difficult to develop strongly and the price of their tokens will not have impressive growth.

Some tokens related to Cosmos have achieved success because they are Layer-1 and have their own ecosystem. Cosmos IBC can be very effective, but unfortunately the demand for crosschain is not really large and Layer-0 projects like Cosmos and Polkadot may not be noticed yet. I hope that the strength of Layer-1s in this bullrun will be able to drive demand for crosschain and help ATOM and many tokens in the Cosmos ecosystem increase in price!

From the number of users and community interest in the IBC network, it is still a little far behind Erc20, it seems that the atomic token itself only follows the price movements in each season seen in 2021 to 2022 after that the price dropped by almost 90% and this is not good for projects that are in the layer 1 network, there are certainly impacts that must be accepted by cosmos such as the lack of users and ecosystems.