This is big. No introducing broker. Show up to Figure's OPEN marketplace with your self custody wallet and trade in a real limit order book. Borrow against your stock or lend it out for income in Democratized Prime.
Self custody wallet 1, every fintech's super app 0.
The OPEN ecosystem is growing.
Established global brokerage @moomoo and wallet provider @keplrwallet are now supporting OPEN. 🤝
By building on OPEN’s infrastructure, Moomoo and Keplr will continue to increase accessibility to blockchain-native public equities for investors, with speed and transparency unmatched by centralized legacy systems.
It’s real equity, now in the wallet of your choice.
A new brand for the next era of ownership.
From one chain to 300+.
From one user to 2M+.
From wallet tools to @keplr_infra, we’ve grown with you.
Own your future.
[Orakle Cosmos Ecosystem Day #1] Keynote Recap
Josh AKA @dogemos (@keplrwallet & @osmosiszone Co-Founder)
Last month's Orakle Cosmos Ecosystem Day at @merkle_alliance opened with a high-energy 70-minute session from Josh, making the case for why the "Cosmos way" still matters in a multichain 2025.
1. From Nature to Networks
- Evolution = chaos➡️ specialization ➡️ order.
- Bees pick hexagons, Shinkansen tunnels carve the wind; app-chains should likewise optimize form for function.
- Cosmos mirrors that: start messy, branch into highly tuned blockchains rather than force everything through one VM.
2. Killing the Fat-Protocol Thesis
- 2016 pitch: value accrues to L1s. Reality (30-day protocol revenues): top 10 earners are apps (Tether, GMX, etc.) while ETH ranks #11, SOL #27.
- Lesson: L1 rent extraction is thinning; application layers & distribution layers capture the upside.
3. Cosmos Defined (4 lenses)
- Philosophy/Architecture: App-specific chains, inevitable multichain world, native interoperability (IBC).
- Ecosystem: Tens of independent chains that happen to share tooling.
- Tech Stack: CometBFT consensus, Cosmos-SDK state machine, IBC transport; optional CosmWasm/EVM modules.
- Cosmos Hub: A chain, not the chain; now focusing on cross-ecosystem bridging services.
4. Why App-Chains Win
- Gas Freedom: Osmosis whitelists USDC, wETH, OSMO (or any token via governance) as fee tokens; no "ETH or bust" UX traps.
- Protocol-Owned MEV: On-chain arb module back-runs user trades, burned/redistributed $2.4 M last year. Top-of-block auction built into the chain, not an external mempool.
- Composable Validator Services: Validators can bundle price oracles, bridge relays, even host front-ends—turning passive infra into active micro-services.
5. Pain Points He Doesn't Hide
- Fragmentation ➡️ dev & UX friction; wallets like Keplr shoulder the stitching.
- Easy chain launches mean not every team is ready for 1000 cc "motorcycle" ops; governance, upgrades, validator wrangling are hard.
- Network effects still favor EVM tooling; Cosmos must court EVM devs or double down on distinct advantages.
- IBC v1 purity (light-client only) limited reach; v2 embraces zk-proofs to bridge L1s that can't run light clients.
6. Strategic Bets Ahead
- Lean into distribution layer (wallets, aggregators) as the new kingmakers—Phantom proved it, Keplr is next.
- Elevate Cosmos-SDK-with-EVM as a superior "app-rollup" alternative to generic L2s.
- Solve value capture transparently (ATOM alignment, shared security, fee capture) to avoid repeating 2021 Terra-era missteps.
7. Market Outlook
Dogemos' tongue-in-cheek: "Ethereum is replaying Cosmos' 2019 in slow motion; we've already learned those lessons." Expect Cosmos chains to ship fixes ~2 years sooner.
Cosmos isn't a single coin or chain; it's a toolbox + ideology that puts product first, protocol second. In a world where users chase experiences, not consensus logos, dogemos argues that app-chains with tailor-made economics, UX-centric fee models, and protocol-owned revenue streams will outpace monolithic L1s and generic rollups.
Stay tuned: the cowboys of crypto are saddle-broken, battle-tested, and aiming for the next frontier of modular, profit-capturing infrastructure.
End of recap 🛸
Welcoming this year’s winners of the Community Edition Project.
Emre, Louis, Ambrogio, Jad and Sushruta will be working with the Nothing Team this summer to bring Phone (3a) Community Edition to life.
Thank you to everyone who voted or created a submission for this year’s project! Now, the work begins