1/ CosmWasm is a smart contract platform built on top of the Cosmos SDK, designed to allow developers to write secure and efficient smart contracts in the programming language Rust.
#Cosmos#IBC#SmartContracts#wasm#ChatGPT
In my role contributing to @archwayHQ, I spend a lot of time thinking about strategy.
However, I can’t figure out why the @cosmos ecosystem can’t gain wider adoption. When you examine the data below, it seems like there is a ceiling of around 30k daily active accounts (DAA) for Cosmos.
You might argue that Cosmos doesn’t have good products, but I would argue they are at feature parity with other L2/Solana/Move projects.
You could argue that Cosmos projects don’t market well to the Ethereum community, but I would argue that @injective and @SeiNetwork have done a good job positioning themselves. Yet, on-chain DAA numbers are still fraction of those of other L2s.
Returning to Archway, this year we are focusing on building quality dApps. While most ecosystem dApps are still in their early stages, they are likely to be very good within a year, based on the speed of iterations and the capacity of our eco.
However, I still can’t help but think that good dApps alone won’t be enough. Mintscan data shows the following:
- Stargaze (NFT mkt): ~3k DAA
- Osmosis (DEX): ~9k DAA
- DyDx (perps): ~1.5k DAA
So, the question is:
How does Cosmos grow its user base?
The Hanbok Archie 🇰🇷🟠
From the charming suburbs of Seoul, South Korea, the Hanbok Archie chose a different path, setting itself apart from its fellow companions on planet Earth.
Dare to lock eyes with her—the Hanbok Archie, a force with a mind of her own. She leads the way, leaving everyone else to follow in wonder and curiosity.
Want to take on the CUDOS (@CUDOS_) track in the Archway Hunt-A-Thon: Pick Your Tribe? You should check out this workshop on "Deploying a dApp frontend permissionlessly with CUDOS Intercloud": https://t.co/EMMBQ1QXeM
The DAO Voting Has Concluded 🗳️🏁
We would like to thank all of the voters and fellow Archies that showed up to and participated. It's now time to shape the future of Archies together.
The @ArchiesNFT DAO Council Board consists of:
3 core team members:
@CryptoChem0000@0xricky
@manavporwal3
3 community members:
@senoPoot@zorubasa@Zushimonster
Let's build.
Archway Dapp Bonus Tracks and Bounties
Archway ecosystem partners and dApps will host various bounties for developers in addition to the four main tracks listed for the @archwayHQ Hunt-A-Thon.
Below is a high-level overview of each participating dApp and/or protocol's bounties and potential use-cases that could qualify @CosmWasm developers for the bounties:
----------------------------------
ArchID (5,000 USD worth of ARCH):
Utilize @archidapp name service in creative ways within your dapps.
Andromeda (12,500 ANDR):
Utilize @AndromedaProt decentralized operating system suite of tools to build out your dapp.
Abstract (5,000 USDC):
Utilize @AbstractSDK modular CosmWasm SDK and DeFi adapters to build out innovative DeFi, SocialFi, or MyFi dapps.
CUDOS (1,000 USDC):
Leverage the @CUDOS_ Intercloud computing resources to power dApps.
Full Details: https://t.co/1GH6wW5iRF
----------------------------------
Hackathon Details:
• Submission Deadline: June 7th at 12am UTC
• Demo days: June 10th-13th
• Judging: June 14th-19th
• Winners Announced: June 20th
🆕 (Prop 46 - ARCH incentives for ARCH) 🆕
This proposal aims to launch and promote the first on-chain ARCH Perpetual Market on @demexchange, an all-in-one perp DEX in the Cosmos ecosystem by the @SwitcheoLabs team.
More details ⤵️
Hello world. I'm Drew co-founder of @archidapp
I built the standard for dynamic NFTs in CosmWasm. I coded the contracts for @ArchiesNFT, Drop Camp, @Amburxyz
Feel free to ask me anything 😊
I've been busily been working at creating marketplace Rust packages and they're released now. Now anyone can import one of these packages and quickly create and deploy a low code NFT marketplace. Simply choose the marketplace type you want to create and import the required package and related utils dependency into your project. They are 3 marketplace types available.
Check them out:
https://t.co/cPLkeJNxlO
The other day @archwayHQ was attacked.
A big thank you to @gadikian for conducting it 🙏
Here is a summary of the issue:
If blocks become too big, it causes p2p to fail. Large blocks are generally difficult for network nodes to handle.
Our solutions are to either decrease block size or increase the cost of storage. However, this is challenging to deploy on a permissionless CosmWasm chain. And a known issue around cosmos teams.
Decreasing block size isn't always feasible since many CW contracts are large, and increasing fees would make uploading contracts too expensive and only increase cost of attack.
Until p2p networking is addressed, issue will continue to persist on cosmos chains.
I kept seeing @ArchiesNFT on my timeline, liked the colors, and always thought: what's Archy without the Archies?
How did I do? Part of the Archiestocrats now 🔥
@CryptoChem0000
Archway Hunt-A-Thon by @DoraHacks
Calling all @CosmWasm devs to check out the @ArchwayHQ Hunt-A-Thon and participate for a chance at the $100K PRIZE POOL paid out in both ARCH & USDC.
Overview:
There are 4 main tracks for the Hunt-A-Thon, each with a unique theme and paying out $25K in prizes to the winners.
Each theme is described below and provides unique examples of what would qualify for the track and should give developers a solid idea of what the judges will be anticipating and looking for in the builds.
----------------------------------
Archway Expansion Tracks:
• Track 1: DeFi Warriors ($25K)
• Leveraged yield farming
• Native perps dex
• Flash loans
• AI trading bots
• Track 2: Mystic Degens ($25k)
• Social trading platform
• Token factory
• Leverage protocols
• On-chain points/community earning game
• Track 3: NFT Explorers ($25k)
• On-chain generative AI
• NFT games
• NFTs for tracking awards
• Earn games (walk to earn, play to earn, etc)
• Redeemable NFTs for physical items
• Track 4: Mobile Crafters ($25k)
• Mobile front ends for archway dapps
• Telegram trading bots
• Wallets with payment features
• P2P payment app
Full list: https://t.co/1GH6wW5iRF
----------------------------------
Hackathon Details:
• Submission Deadline: June 7th at 12am UTC
• Demo days: June 10th-13th
• Judging: June 14th-19th
• Winners Announced: June 20th
Get new assets on https://t.co/2RCZI4OYZ9 w/ our Hallswap (by @HallFDN) integration!
🔓 Skip API has the most comprehensive routing in the Interchain, adding 7 DEXes on 4 chains ( @injective, @oraichain, @archwayHQ, @terra_money) for a total of 19 DEXes
🔀 Anything, anywhere!