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.

The spotlight is on the recent launch of the NIM Network mainnet. This week, we'll dive into what the mainnet launch means and highlight the top ecosystems, testnets, earning opportunities, and airdrop whispers.

NIM Newtowrk Mainnet

NIM Newtowrk Mainnet is live, with the initial model offering coming soon. More than half of NIM’s supply is allocated to supporting its community and AI builders, emphasizing its focus on economic ownership and collaborative innovation.

Start.cooking 

Start Cooking is now live on Osmosis Zone! Create and trade memecoins and participate in the Memecoin Challenge. The first memecoin to reach 25K OSMO liquidity can win 300 OSMO, with more competition coming soon!

TOKI and XION forge a pioneering partnership

TOKI and XION forge a pioneering partnership, establishing the first-ever chain extraction solution between the BNB Chain and XION ecosystem, facilitating frictionless cross-chain applications, and enhancing user fluidity. This collaboration synergizes TOKI's robust IBC modules with XION's Generalized Abstraction to simplify Web3 navigation, unlock innovative use cases, and potentially integrate various stablecoins, fostering mass adoption and liquidity across ecosystems.

Althea on the Interchain

Althea integrates the Interchain Stack with the launch of the Althea L1 Blockchain, revolutionizing telecom and utilities by enabling decentralized and automated machine-to-machine payments. The platform enhances funding and operation of infrastructure through liquid infrastructure, allowing fractional ownership and direct community participation in essential networks.

Injective Ecosystem Highlight

Injective enhances its burn auction, now open for contributions from all community members, dApps, and protocols, fostering greater inclusivity and ecosystem involvement. For the Ninjas, Injective's integration with Notifi revolutionizes communication within its network, ensuring that developers, node operators, traders, and community members receive crucial updates efficiently.

Osmosis introducing "Alloyed Bitcoin"

Osmosis is introducing "Alloyed Bitcoin" to its Cosmos DeFi hub, a new asset aimed at enhancing liquidity and security by combining different BTC variants into one tradable pool. The upcoming governance vote will decide if BTC will join OSMO as a staking option, potentially shifting the security model and reward dynamics within the platform.

Sei Network Ecosystem Highlight

Mask Network has integrated Sei Network into its extension, expanding interaction between their respective communities. Meanwhile, Vermillion introduces its next-gen DeFi liquidity solutions on Sei, and Kawa Finance rolls out its cross-chain lending protocol on Sei v2 devnet, which has recently passed a thorough audit by Zellic.

Mande Network RollApp

Get started with the Mande Network RollApp Testnet within the Dyemension ecosystem, offering tools like Proof of Credibility for wallet integration, credibility staking, and quadratic voting.

Archway Highlight

Lunarspace is set to debut on Outbid (built on Archway), introducing the transformative dZones platform designed to ease Web2 businesses into Web3 with customizable blockchain solutions.

Axelarator Program Season 2

The Axelar Foundation has launched the Axelarator Program Season 2, rewarding community members with over 50,000 AXL each quarter for participating in educational and on-chain quests. Engage with the ecosystem, complete quests to earn points, and climb the Galxe leaderboard for a chance at monthly exclusive rewards.

Akash Mainnet Upgrade

The Akash network has swiftly upgraded to Mainnet 11, thanks to the efficient efforts of Akash validators including WhisperNode. This update brings improvements to AuthZ for better management of $AKT and streamlines the grant process for deployments.

ARCHWAY - The Cosmos Project of the Week, brought to you by Whispernode for the community!

Archway's ecosystem saw significant growth this quarter, with a total value locked (TVL) peaking at $9.6 million, driven by strong performances from native DEX Astrovault and other dApps.

User engagement and development activities flourished, bolstered by strategic protocol upgrades and key partnerships, enhancing the network's interoperability and accessibility for a broader user base.

Developers Corners

• Participate in the Archway Hunt-A-Thon from April 29th to June 20th and build on a Cosmos-native blockchain that values developer contributions. Submit your scalable, cross-chain dapps by June 7th to compete for a share of the $100,000 prize pool and a chance to secure extended funding within the Archway ecosystem.

• Dive into Akashathon² from April 8th to May 18th, 2024, and explore AI application development on Akash's GPU marketplace. Register to join the challenge, innovate in crypto and AI, and compete for a share of the $200,000 prize pool.

• MANTRA, in partnership with Virtuzone, launches an Incubator Program aimed at accelerating Web3 innovation through support for dApps and projects, offering resources like a $100,000 seed investment and global exposure. This initiative supports Dubai's goal to become a leading hub for cryptocurrency innovation, in line with the UAE's vision to cultivate 10 unicorns by 2030.

Career Opportunities

• Cheqd, a startup focused on self-sovereign identity, is hiring for Test Automation & Quality Assurance Engineer and Senior Full Stack Engineer roles, open to candidates within +/-4 hour time zones of London. Explore this opportunity to join a team shaping the future of secure, private data exchange.

• Interop Labs, powered by Axelar, is actively seeking new team members to join their mission in developing secure cross-chain communication for Web3. With roles open for individuals passionate about building the infrastructure that connects Web3, Interop Labs offers a dynamic environment for advancing interoperability through their developer-friendly tools and APIs.

• Berachain, an innovative EVM-compatible L1 blockchain, is seeking to expand its team. If you have expertise in computer science, mathematics, economic game theory, or enterprise software development and are interested in challenging the conventional proof-of-stake model, consider joining Berachain world-class team.

• SEDA Protocol is on the lookout for a Business Development Associate to enhance and expand its ecosystem. This role involves building new partnerships and strengthening existing ones across leading blockchain projects, utilizing SEDA's multichain, permissionless protocol that connects real-world data to blockchain networks.

Cosmos IBC Analysis

In the last week, Osmosis Zone handled $26.6M across 175K transactions, topping the list in IBC value transfers. It was followed by Cosmos Hub and Axelar Core with $13.2M and $12.2M, respectively, while Akash Network and Secret Network saw transfers of $4.9M and $4.2M.

This past week in the Cosmos ecosystem, $AXL led the pack with a 10.62% increase to $1.24. It was followed by gains in $BLZ, $ALEPH, $ATOM, and $STRD, with rises of 4.03%, 3.93%, 2.59%, and 2.3% respectively.

Highlights of upcoming and existing airdrops across the Cosmos ecosystem and beyond!

• Saga is excited to roll out the Power-Level Over 9000 airdrop campaign, featuring a series of "Vaults" for distributing SAGA tokens, starting with the First Vault, which allocates 3 million tokens.

• IBC is launching a unique airdrop campaign! Chains that retweet the post with "We Sign Da $IBC DuMB ConTraCt" will make their stakeholder eligible for participation. Zero Chains has already been selected for the airdrop.

• PRYSM is set to feature the Mad Scientists NFT collection in its upcoming mainnet airdrop, highlighting the collection's unique integration with the $LAB token for an interactive minting experience.

• The snapshot for the $AXV airdrop to $PLQ stakers occurred on May 1, 2024, targeting stakers ranging from 1,000 to 100,000 $PLQ.

• The Mande Network is launching RollApp with 5 million $MAND tokens as incentives for early users, initiating a series of strategic development phases to enhance blockchain applications with credible, innovative features.

• NIM allocations are now automatically available for all since the TGE. Ledger users with Keplr and Leap wallets can check their NIM balance by connecting to the Nim chain on the Dymension portal, ensuring they select the EVM account used with their wallets.