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JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.

Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw

What is $ONE ? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.

First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS

Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?Short answer: YES!

We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.

Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.

Could an answer to this lie in $ATOM's IBC protocol solution? Maybe

Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).

All roads lead to INTERNET OF BLOCKCHAINS $ATOM

JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.

Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw

What is $ONE? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.

First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS

Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?

Short answer: YES!

We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.

Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.

Could an answer to this lie in $ATOM's IBC protocol solution? Maybe

Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).

All roads lead to INTERNET OF BLOCKCHAINS $ATOM

Monthly Rebalancing:

In: $WAVES

Out: $ONE

All assets rebalanced to 4%

Strategy now fully open to public:

Also check out "25 Top Market Cap Equal Weight" Strategy

Monthly Rebalancing:

In: $FLOW $ONE

Out: $CAKE $GRT

All assets rebalanced to 4%

Strategy now fully open to public:

Also check out "25 Top Market Cap Equal Weight" Strategy

Crypto is showing relative strength compared to equity markets lately.

It seems to be slowly bottoming out, so this might be an excellent region to dip our toes back in the water.

I'll cut on a lower low/add on a higher high. Let's see how it goes.

I've added "SoLunAvax" ($SOL, $LUNA, $AVAX) because I believe we'll see some rotation back into the "former" leading L1s.

$NEAR and $ATOM are my favorites of the recently hyped "FOAN" ($FTM, $ONE, $ATOM, $NEAR) L1s, so I added them as well.

$RUNE, $ANT, and $FET are speculative projects I'm a big fan of, which will hopefully have their time soon.

As always, this is not financial advice.