This Week in Cosmos with WhisperNode

Welcome to This Week in Cosmos, brought to you by WhisperNode, your go-to roundup of the most compelling developments in the Cosmos ecosystem

What did we cover this week?

• Cosmos ecosystem highlights: Injective, Secret, Sei, and more

• New earning opportunities

• Galxe of opportunities: Career openings, Bounties for devs, Hackathons, and more

• Missed last’s week highlights? Read Here
  
  
  

What's New in Cosmos, Interchain and IBC

• Secret Network Joins NVIDIA Inception to Advance Decentralized Confidential Computing Innovation
  
  Secret Network, a leading platform for privacy-preserving smart contracts and decentralized confidential computing (DeCC), has joined NVIDIA Inception, a program that supports startups revolutionizing industries through technological advancements.
  
  

  

  
  
  With NVIDIA Inception's support, Secret Network will gain access to advanced AI training, go-to-market resources, and collaboration opportunities with industry experts, accelerating the development of tools that make DeCC more accessible to developers worldwide.

• Witness Chain and Akash: Decentralizing Physical State Consensus with Proof of Location
  The integration between Witness Chain and Akash enables the decentralized deployment and operation of Watchtower nodes on Akash's decentralized cloud, ensuring scalability, cost efficiency, and resilience
  
  

  

  
  
  This integration allows Witness Chain to leverage Akash's secure compute resources for its Watchtower nodes, enhancing the network's resistance to censorship and supporting its goal of creating a verifiable observation layer for real-world attributes. Furthermore, Akash can explore PoL as a tool to measure and validate its own cloud network's decentralization, setting a higher transparency standard and ensuring resistance to centralization.

• AkashGen: Free AI Image Generation with NVIDIA GPUs on Akash Supercloud
  AkashGen is a free AI image generation platform powered by NVIDIA GPUs on the Akash Supercloud. It currently runs Stable Diffusion 3.5 Large, the leading open-source generative image model from StabilityAI, and plans to add more models in the future.
  
  

  

  
  Users can access AkashGen to create AI images without any cost and explore the capabilities of Stable Diffusion 3.5 Large, which is known for its advanced text-to-image generation capabilities.

• Injective Launches iAgent, an SDK for Creating On-Chain AI Agents
  
  Injective has introduced iAgent, a revolutionary software development kit (SDK) that empowers users to develop their own on-chain artificial intelligence (AI) agents. This cutting-edge technology harnesses the capabilities of large language models (LLMs), such as OpenAI's ChatGPT, to transform the landscape of AI finance.
  
  

  

  
  
  With iAgent, users can seamlessly integrate AI functionalities into their decentralized applications (dApps), unlocking a world of possibilities for financial innovation. This integration enables the creation of intelligent trading bots, automated investment strategies, and personalized financial advisory services, all powered by the advanced capabilities of LLMs.

• Dymension 3D upgrade introduces permissionless RollApp creation and various new features
  Dymension's 3D upgrade enables permissionless creation of Layer 2 blockchains (RollApps) on Dymension's L1, without requiring approval from Dymension's onchain governance.
  
  

  

  
  
  This upgrade includes significant changes to components like Dymint, Dymension RDK, Roller, Portal, and more, creating a robust system for launching RollApps. New features such as Initial RollApp Offerings (IROs), and Royalties incentivize creators and contributors. Security features like rollback, forking, and sequencer rotation ensure the integrity and reliability of the network.

• SEDA's AI Oracle Programs Unleash the Boundless Potential of AI on the Blockchain
  SEDA's innovative AI Oracle Programs introduce a groundbreaking approach to harnessing the limitless potential of artificial intelligence (AI) on the blockchain. These programs enable AI agents to perform on-chain actions based on any activity occurring on the internet, opening up a world of possibilities for developers and users.
  
  

  

  
  
  With SEDA's AI Oracle Programs, the outcomes are boundless, allowing for the creation of decentralized applications and smart contracts that can interact with real-world data and events in unprecedented ways, revolutionizing the way we interact with blockchain technology.

• RippleX highlights the benefits of interoperability in blockchain technology powered by Axelar
  RippleX emphasizes the significance of interoperability in the future of blockchain technology. They introduce the upcoming XRPL EVM Sidechain and Squidrouter, powered by Axelar, which enables developers to connect over 80 blockchains, simplify cross-chain swaps with a single SDK, and leverage the low fees and speed of the XRPL.
  
  

  

  
  
  This integration aims to enhance the efficiency and accessibility of cross-chain interactions, providing developers with a more streamlined and cost-effective way to build decentralized applications.

• Trust Registries: The Future of Secure Digital Credentialing on cheqd
  Trust registries are digital guides that list trustworthy individuals and organizations in the realm of digital identity, where interactions happen without face-to-face contact. They act as a trusted source to ensure the legitimacy and reliability of parties involved in digital credentialing.
  
  

  

  
  
  Trust registries offer multiple benefits, including increased confidence in the authenticity of digital credentials, streamlined verification processes for organizations, enhanced credibility for credential issuers, regulatory compliance, and improved security for developers and service providers. Learn more

• Namada Proposal for Mainnet Genesis Time
  After a successful dry-run of the mainnet, a proposal has been made to set the mainnet genesis (Phase 1) to occur during the week of December 2 - 6. The dry-run, which was initially scheduled to end on November 28, has been extended to allow for further testing and community feedback.
  
  

  

  
  
  During the dry-run, the community successfully coordinated the transition between different phases of the mainnet, tested all intended functionalities, and provided valuable feedback on the Namadillo front-end interface, leading to daily improvements.

• Monthly active users on Cosmos Hub have increased by 60% in the last 3 weeks
  The number of monthly active users on the Cosmos Hub, a decentralized network of blockchains, has witnessed a significant surge of approximately 60% over the past three weeks.
  
  

  

  
  
  This growth is attributed to the unique fee-paying (revenue-generating) addresses, indicating increased engagement and utilization of the Cosmos Hub platform.

• Sei Network Ecosystem Update: Degensgiving, Podcast Milestone, Nansen Integration, Gaming Hub Launch, and More
  The Sei Network ecosystem has experienced significant growth and exciting developments this week. Daily active users, on-chain activity, and new deployments have driven the ecosystem forward.
  
  

  

  
  
  Nansen AI has launched full integration with Sei EVM, enabling users to explore on-chain insights, growth dashboards, and analyze tokens or addresses across the ecosystem. The official hub for Sei gaming, Gaming on Sei, has launched, offering competitions, alpha, and project spotlights.
  
  The Sei Tenkaichi Gaming Tournament, a four-week competition with $50K in prizes, has also kicked off. Compass Wallet introduced a major wallet upgrade with UX improvements and new features, while Particle Build released a video explainer on enabling one-click social logins and gasless transactions for Sei apps.

• Osmosis reaches $37 billion in total trading volume
  Osmosis has achieved a significant milestone by surpassing $37 billion in total trading volume. This remarkable achievement is equivalent to the value of 430,000 Tesla Cybertrucks, 15 billion bags of Flamin' Hot Cheetos, or approximately 5 Pumpkin Spice Lattes from Starbucks.
  
  

  

  
  The news was shared on X by Osmosis, highlighting Osmosis impressive growth and the increasing adoption of decentralized finance (DeFi) solutions.

Top 5 Active Zones in the past week: IBC Volume, Transfers, Txs, Peers, Channels, WAU, and Activity metrics across the Interchain ecosystem.

Earning Opportunities! Galxe quest, Giveaway and NFTs

• BonusBlock <> Axelar Campaign
  Axelar has launched the Axelar Explorers Program, offering a 100,000 AXL prize pool over 3 months for participants who complete partnerships with 7 different dApps.
  
  

  

  
  
  The first partner announced is Frax Finance. By completing each season of the program, users can earn AXL rewards. This initiative aims to foster engagement and awareness within the Axelar ecosystem.

• Meme Coin-Focused Trading and Interval Trading | Injective Bounty
  The Injective Foundation is seeking proposals to develop a user-friendly application that combines meme coin trading with interval trading features. The key objectives are to simplify the trading experience, boost user engagement through a rewards system, and ensure market integrity with robust risk management.
  
  

  

  
  
  The application must comply with all applicable laws, support multiple tokens, integrate liquidity vaults, and utilize an oracle system for reliable price feeds. The proposals will be evaluated based on innovation, feasibility, security, and community impact.

• Sunrise Test 2
  Sunrise, a Layer 1 blockchain, has launched its v2 testnet, introducing a new mascot, Haru, a Shima Enaga from Japan. Users can customize and level up their Haru, earning Haru Yen to unlock items.
  
  

  

  
  
  The v2 testnet is incentivized, with users earning RISE token airdrops based on their Haru's final level. The update represents a significant overhaul to Sunrise's architecture, making the platform more scalable. This testnet is a checkpoint towards Sunrise's mainnet launch, which is expected to happen soon after.

• Civitia Testnet v2
  Civitia, a finance-focused board game, has launched its v2 testnet. Players can now mint cities, collect yield, and compete in seasonal gameplay. Civitia is built on a modular, interwoven rollup architecture powered by Initia Foundation, with Celestia providing the underlying infrastructure.
  
  

  

  
  This unique setup enables Civitia to provide an on-chain gaming experience. Users are encouraged to try the testnet and prepare for the upcoming mainnet launch.
  
  
  
  

  
  

A Universe of Airdrops

The cosmos is alive with airdrop excitement.

• Side Protocol's genesis airdrop allocates 100M $SIDE tokens across Bitcoin users, NFT communities, $ATOM stakers, validators, public goods, testnet participants, and whitelist campaigns, with registration open from Nov 26 to Dec 15, 2024, and tokens claimable after mainnet launch in January 2025.
  

• MANTRA allocates 50M $OM for GenDrop, rewarding 350K+ users across KARMA quests, NFT holders, validators, and Galxe campaigns. Claim here: checker.mantra.zone.
  

• Hydro's pilot lets $ATOM stakers vote for liquidity and earn tributes while keeping staking rewards. Airdrops may follow for participants. Details: hydro.cosmos.network/voting.
  

• Shade Protocol launches $eSHD, rewarding social engagement with redeemable tokens for $SHD and perks. First eDrop on Nov 28. Join: zealy.io.
  

• The $ATONE airdrop has been distributed to eligible $ATOM holders, with the allocation based on their Cosmos Hub Prop 848 voting behavior, and users can now view their $ATONE balance and stake it.
  

• Defund is offering an airdrop for $TIA stakers, Osmosis liquidity providers, Defund testnet participants, and Sui Network users, with additional eligibility criteria to be announced.
  

• The $DGN airdrop criteria include staking $DGN, holding specific NFTs, staking $ATOM, and purchasing $DGN during StreamSwap, with different multipliers based on the staking and NFT tiers.
  

Cosmos IBC Analysis

Over the last 7 days, IBC value transfers peaked at $26.6 million on Osmosiszone, followed by $13.2 million on Cosmoshub, $12.2 million on Axelarcore, $4.9 million on Akashnet, and $4.2 million on SecretNetwork.

Shout out Cosmsolytics

Key Governance Votes on IBC-Chains  

• VOTING IN PROGRESS: Increase Deposit Amount for Cosmos Hub governance to 500 $ATOM

• VOTING IN PROGRESS: Akash Developer Onboarding Funding Proposal 3 (Zealy)

• VOTING IN PROGRESS: Update minimum quantity for AGENT/INJ market on Injective Exchange dApps

• VOTING IN PROGRESS: Alloyed BTC: Increase nBTC static limit to 10%

  
  
  
  
  
  

  And remember, for an optimal staking experience, choose WhisperNode as your validator