Cosmos ATOM IBC v2 Launch Next Week? | FIVE Claimable Cosmos Airdrops (Time Sensitive)

Wakey wakey on this lazy Sunday. We're in for a very big week. This is the calm before the storm. Not only I guess on the macro level but also within the cosmos ecosystem. We're going to witness the launch of IBC Eureka or IBC V2 that is going to be a game changer for the cosmos hub and atom specifically because for the first time ever it will fix the problem that atom does not accrue value from the success of IBC. With IBC Eureka this will change and this will be the case which makes the cosmos hub effectively an interoperability router. You already know from David the founder of Babylon as I showed you in the last video that Babylon will actually be one of the launch partners and first customers of IBC Eureka. So it will be interesting to see what other chains they can launch. I think DYDX, Nillion are quite likely and a lot more that already have ongoing economic activity. Price wise we're down over the weekend and still on very low levels. The only outlier here really is Mantra Arm that's been in its own bull run for the past year and a half. Similar how Chainlink was in its own bull run if you remember back in 2019, 2020. So Mantra playing in its own league but everyone else is still down very bad. Tia below three dollars. To be honest I did not think. We'll see sub three dollar Tia again and we're also seeing sub ten dollar injective, sub twenty cent, Sane Network, sub sixty cents, DYDX and the list goes on. Akash AKT just above a dollar, Osmosis twenty three cents. Those are all crazy prices and huge discounts across the board which gives people time to accumulate but I also understand that we are in a phase where people are just not believing anymore. They stopped believing, they stopped engaging in crypto, they take their chips off the table, they leave the industry for good and those that are still standing will see massive leverage effects whenever the next lag up, the next bullish phase kicks in. And two of the things that I can share from the YouTube backend is that number one yes viewership has gone down compared to around a year ago. Number two that there are still a lot of silent bulls I like to call them. People that are positive, that are still in the game, that are still doing their homework, they're still very active and have all their bags deployed and keep buying the dips. But they're not very vocal about it. But you can still see that based on the lag ratio, a lot of people are still actually positive. But when I read some of the comments, many of them are actually more on the survival mode and surrendering side of things. So a lot of people are just frustrated and tired and exhausted which I also fully understand. But I really want to hear also from those guys that are actually liking the videos but are barely commenting. I want to hear from you what are your actual views and also I want you to share advice to those that are maybe the ones that are just overly exhausted and are just about to basically surrender and give in and just exit this industry for good. Because right now I truly believe that we are in a market phase that really separates the long-term believers from the short-term profit chasers. And I want to convert as many profit chasers as possible into long-term believers because I really think that long-term we are going to win. And we don't know how long it will take but I'm quite confident that we are going to win. And me personally I'm all in on this. I'm fully committed not only to crypto but also specifically to Cosmos which is where I am specialized on and my team at the CitoZone, Stixito and also at Cosmoverse. We are true cosmonauts through and through and we really believe in the long-term success of the Cosmos ecosystem, Comet BFT, IBC, the idea of sovereignty, interoperability and the AppChain thesis. And if you're in that same camp and you watch these videos and you like these videos then I want to hear from you in the comments your views and thoughts about the state of the market. Well ever since the Interchain Foundation acquired Skip Protocol and renamed it into Interchain Labs which is now the operational arm of Cosmos basically and the ICF which means fresh new leadership, young ambitious guys that are well respected by the industry that not only took over the Cosmos stack development but also the Cosmos hub development and atom development which is why we're now seeing renewed excitement around the Cosmos hub and pairing this with the fact that we still have decent double digit APR. An increase in the bonded ratio which was something I was concerned prior to the acquisition or around the acquisition as like someone is massively unbonding atoms and the bonded ratio was just in an absolute freefall. I think it went as low as 55 point something percent. Now we're back at 58 and we're seeing relative strength not only when it comes to the price again still at very very low levels nothing to really cheer and celebrate and brag about but we are seeing relative strength of the Cosmos hub and that is being backed by multiple on-chain data points but we're also seeing a lot of things that are cooking well one of the obvious things is of course IBC Eureka that is about to launch. Another one is the tokenomics side of things of Atom and I want you to listen to this short clip from Mark from our recent C2 plus AMA that we hosted. So with every token there's two sides right there's supply and there's demand you can mess with the supply and you can mess with the demand right and at any single day whether Atom goes up or not just means if did more people buy the token than sell it or vice versa right like on a day-by-day basis it's very simple situation right and I think people focus too much on the supply side right okay we should reduce the inflation to two percent or we should you know cap the supply at 500 mil atom or a bill atom or whatever or we should uh you know institute um uh there's like so many things like around this right like ways of sort of like reducing or changing how much supply gets into the market that's actually not really the issue in my opinion the issue is the demand side who's buying the token right who wants the token like you can bring the emissions to zero if no one's buying it and none of it matters right um and so that's really where we're focused right it's on it's on the demand side uh so everything we do everything that we have planned is is designed to increase the demand for the token um so uh Eureka is a big example for that right so Eureka the way that it works is no matter where it charges fees even if those fees are in ETH um or or something else those get swapped into Atom so buys it off the open market and and burns it um it is our hope in the future uh and so you now have like a structural demands demand demand sink uh for Atom that you can track right uh look two hundred thousand dollars worth of Atom was purchased just structurally day by day every single day and so you off you meaningfully offset any of the sort of structural sell pressure uh then like you hope that on more days then um than not uh more Atom is bought than sold right and that that increases the price um and I think that comes before any kind of massive changing in supply because all of those changes carry huge risks right if you if you reduce the inflation rate of Atom or the the yield on Atom the staking yield uh then uh you don't get all the free marketing that Atom gets on Binance on Coinbase on uh Kraken on KuCoin right where they say stake Adam with us because you get 14 percent yield it's like a big banner at the top right Binance just did this for six months like they're marketing it because they're getting some of that yield because they run a validator right you lose all that and you when you when you get rid of the staking yield and you lose like one of the main reasons that people liked holding out of which was that it was a yielding token and so you need to do these things carefully and you can't just like you know like snap your fingers because you risk like causing a huge sell-off right and like a massive decrease in like the bonding ratio um but it's much safer and puts you in a much more powerful position is increasing the demand side and keep in mind that these guys are only three months in and they're just getting started with IBC Eureka only being the first step and the next step after that will be to deploy a permissionless virtual machine for native smart contracts on the cosmos hub which in combination with IBC Eureka will unleash a lot of potentials for the atom economy i think previously conversations have always been around deploying permissionless Cosmos smart contracts but now with the acquisition or basically open sourcing of fmos which is now renamed into the cosmos evm i think it's obviously in the table that the cosmos evm will be deployed on the cosmos hub for permissionless solidity aka evm smart contracts noam who is a must follow if you are an atom holder the cosmos hub product manager at interchain labs also shared that the cosmos hub can be your distribution partner instead of deploying on 150 plus chains you can simply deploy on the hub and offer your services over IBC making the hub a true interoperability router and interchain service provider it is also calling for builders developers and just projects to also reach out to them and they will support with the onboarding and some people have also commented here like Ritik for example Cosmosmdeff here would like to know how to get in touch and this is something so refreshing that we've never seen before that the ICF or ICL in that case is taking full accountability and taking the fate of atom into their own hands so that is really really amazing to see and I think atom is going to do really well like they say on twitter atom is looking very good here and I'm very very bullish on that well there are now more and more proposals dropping and to me personally I would love to see prior to these proposals going on to the forum which obviously this is a decentralized network and governed by the community I fully understand that I think especially now in this phase of you know new leadership in play that are working out a cohesive roadmap for the cosmos hub and atom I think it is important to coordinate those ideas in advance and it seems like this proposal that was dropped by the noble team was not fully coordinated or aligned with the interchain labs team but that's not a big deal what is a big deal though is that noble is showing clear interest to have economic relations with the cosmos hub and atom which is at least in the first step a recognition that a cosmos hub has something cooking right it has something that noble wants to align with well now in detail obviously you can talk about how this exactly looks like and what the timeline for something like that would be what noble did is they dropped a proposal to establish an atom value accrual mechanism by implementing a buy and burn or something similar for usdn yield which is the native stable coin of noble called noble dollar for usdn that is being held on the cosmos hub that would and this is a quote from the proposal bring increased liquidity growing application activity and large value accrual to atom stakeholders now you can read the full proposal here i will leave a link below this video and i also want you to share your feedback below this proposal mac has already shared his comments as well and the consent from icl from energy and lab side seems to be that this proposal is coming a bit too early because right now they are fully focused on the rollout of ibc eureka and after that i guess to build out a permissionless machine permissionless virtual machine permissionless smart contract ecosystem with its new dap economy and developer activity and i think around that time is when they really want to have those conversations and have a better picture of how that would all fit together but i also understand from noble side which i think this proposal was either shared by zaki who's been an early contributor to noble or jelena not sure who posted that proposal but yeah they are seemingly seeing this as a true atom alignment for noble and my personal view as well in addition to what i said before is that the cosmos hub should probably take those proposals very very seriously because i have a little ptsd from back in the day when the osmosis team in the early days came out with a proposal i think it was 54 55 about deploying atom liquidity on the osmosis decks to fully align atom and osmosis and that proposal failed which i think gave the osmosis core team a little bit of a little bit of a wrong signal maybe from the atom community that they would not want to fully align with osmosis and well you know how the relationship is nowadays between atom and osmosis i think it's a friendly coexistence with some new ideas popping up here and there but there's no 100 full clear alignment for example i also remember in the very early days even before osmosis launched there was a blog post that was basically saying that osmosis would transition into becoming an atom secured chain once interchain security went live well that never happened at least the transition ics launched but osmosis did not migrate and continues to be its own standalone app chain until this date a similar thing was also supposed to happen for noble we don't really know yet where noble itself is going maybe they become a bsn and also source security from bitcoin maybe they also just focus on becoming and staying their own app chain with the rollout of the noble native coin that is eventually going to come and there's also an ongoing point system where you can farm noble points but that's a different thing well i want you to read this proposal i want you to get give your feedback below it what you think about this specific proposal and also the timing of it because there seems to be some you know concerns around the timing of that proposal and not too much about the content but yeah that's just that what would oldu so qtar africade protocol and lemur sorris factor of around this new leadership. And I think this is very, very good to see. And also a strong technical roadmap. Well, part of this is also, as I mentioned, the integration with Babylon and Babylon also becoming, yeah, a customer of IBC Eureka. And the interview that I did with David, the founder of Babylon, is dropping here tomorrow. It's a very short 25 minute interview, but we cover all of those above here. Bitcoin Secured Networks, talking about the Osmosis proposal, and also Babylon's go-to market strategy and the Babylon Genesis launch, and with also lessons learned from Eigenlayer. Because Eigenlayer was one of the most hyped projects when it comes to one of the biggest launches. But then I think ever since they launched their token, it's been a little bit dwindling down in terms of people speaking about it, being hyped about it. And they also did not manage to attract a lot of economic activity that would be secured by Restake E through Eigenlayer. So we're gonna see how that differentiates, but I think there is a huge difference between Babylon and Eigenlayer. The first one being is the underlying asset around which the project is built on. For Babylon, that's Bitcoin. For Eigenlayer, that's ETH. And second also, the focus in what type of teams and applications or networks they want to attract. So for Babylon, they will be able to attract a lot of projects that do have existing economic activity. And that's where Osmosis comes in, and also other projects. One of which could be, for example, Union, that is also about to launch their mainnet. And Union founder, Carol, is saying that Union is the endgame for interoperability. BTC, the endgame of assets, and Babylon, the endgame of security. Might also indicate that Union becomes a BSN, and also fully Bitcoin secured. Now also that IBC Eureka is launching, I think there will be some sort of competition in the interoperability game. Maybe also some sort of synergies, but we'll see where this is leading towards to, with Union, Axelar, Cosmos Hub now with IBC Eureka, and it will also have Picasso Network, that was actually previously led by Carol, who has been the ex-CTO at Picasso Network, and then went off to start Union, after I had some kind of disputes at Picasso Network, from back in the days. But Picasso, I also saw some people were asking about it. Number one, I have revoked my advisory. I'm not an advisor there anymore, because someone has written that, but that is not true anymore. And I've shared that publicly before, I think a couple of weeks ago here on the channel. And with that, obviously sent back all my tokens, including accrued staking rewards, but I'm still on good terms, and I wish them all the best, of course. And the same counts for the other advisories that I had with Quasar and Kinetics that also offered me and onboarded me as advisors. I have never received any tokens from both of these teams, so there was no tokens to be sent back, but I did revoke my advisories, simply because it is a direction that did not fully align with my kind of, you know, thoughts around where I want to go, and we did double down on the C2 zone instead, and other things. We also launched other services and products, but more on that later. Now, Union also has an ongoing campaign where you can earn these XP points, and you have to complete missions. I did a couple of them, not that many, but yeah, something I've been doing on the site, but definitely something for you to check out, because this might eventually translate into an airdrop as well. Speaking of airdrops, which is also the main topic for today, because there's a couple of things that you need to be doing. There is now the 10th vault for Saga, the 11th airdrop already, the 10th vault, and the first vault that also now rewards liquidity depositors. Now that the liquidity integration layer for Saga has launched, and you can come to the claim portal as always, connect your Kepler wallet, and see which tier you are eligible for. This airdrop still includes a stakers allocation as well. So you will also be eligible if you staked more than 15 Saga. If you've been staking your previous airdrop amounts, then you are going to be eligible for even more Saga tokens, and if you are a liquidity depositor on top of that, then you'll also get even more rewards here. And note also that there is a accident forgiveness. So if you forgot to stake your airdrop amount prior to the snapshot for the next airdrop, then there is a way how you can get back into the game by simply staking 100% of the airdrop from the previous vault after the snapshot already occurred. And also vault 10 features rewards for ambassadors for Saga. Then we also have Arceo, which is something we've been talking about here for many years on the channel. And also in the last video, I did remind you to check your Arceo airdrop allocation. Then of course the Babylon airdrop, check your baby airdrop allocation to see if you're eligible for that one. Next, Initia, you can also check your eligibility right here, right now. And by the way, we also just dropped a full Initia project overview on our free C2 report that you can subscribe freely to on Substack. And if you wonder how the C2 report looks like, then this is an example here. This is the email that you will be getting. You can also just see this on Substack. And in this recent report, we shared absolutely everything about Initia, how the chain looks like, what makes it so unique, the interwoven rollup ecosystem on Initia, and also the vested interest program, VIP program, where you can also earn in it tokens and the entire ecosystem, which also includes Milky Way that started off as a liquid sticking provider on osmosis, then migrated as an Initia rollup and now actually launched their own layer one blockchain. And the milk token launch, TGE is also around the corner, I think also just weeks away. And if you've been using Milky Way and restaked or liquid staked on Milky Way, like we've been showing here months ago, then you might be eligible for the milk token airdrop as well. The snapshot was already taken. Join over a thousand subscribers on the C2 report. Again, it's free to subscribe here and you'll get those emails sent to your inbox right away. Another promising project that is about to launch is Eclipse that is going to deploy as an Ethereum L2 using the Solana virtual machine. And that is literally just weeks away from launching. And with it also, the TurboTap game is going to end. I think for that one, we're actually days away from a snapshot to be taken. And yeah, I've been doing this a lot over the past couple of months. I did lose a lot of rankings in recent days because I've been quite inactive. But yeah, I'm going to try to stay at least in the top 1000 here on the overall rank and the top 500. Try to re-enter that on the Tapper rank. But yeah, let me know what your Tapper score is on TurboTap. Very excited to see where this thing lands and also what the tokenomics will be and also a potential airdrop checker that will come very, very soon. Well, final one that I want to share is the Hyper Airdrop. Hyperlane is also dropping the token and you can now register your address, which you have to do until April 14th. And then it will be a two-week claiming window that you also have to be very alert on. So you can do that either by watching these videos and just also taking full accountability or you simply become a C2 Plus member, which means we are reminding you over and over again to claim those airdrops, to do the right steps. We send you links, we send you tutorials, walkthroughs, to make sure that you do not miss out on those things ever again. Because sometimes it can be quite a decent amount and that's not all, but we're also lending exclusive whitelist slots or airdrop allocations for all C2 Plus members. So everyone that's in the group right now, just reading also from the feedback, is very, very happy, not only because we're also basically like a customer service, but also because we do lend these exclusive airdrops and I think this is something the community really appreciates. So currently we have around 60 members, many of which got into C2 Plus during the pilot round that we had in December of last year. And right now you can join C2 Plus at $39 a month to get all of this alpha and also private access to our community. Anyways, that's all for today. I hope you learned something and you also have a relaxed and chilled Sunday. I'll see you here very soon on Crypto C2 and also hopefully on C2 Plus. Until then, stay safe and be good. I'll see you next time. Take care. How do you recommend connecting to the