Waldofunk retweetet
As ATOM gets ready to drop out of the Top 100 tokens by Market Cap on Coingecko, let's take a look at what's happening in the ecosystem:
- Axelar team has been acquired by Circle. Old token and project left behind.
- Drop have sunsetted, and decided against TGE.
- Pryzm are closing down.
- Akash is migrating away, likely to Solana.
- Noble decided against launching their much awaited token in Cosmos.
- Elys are moving to Base.
- Stargaze are sunsetting their chain.
- Sei decided to kill the Cosmos part of their chain completely.
- Shade Protocol have moved to Sei (as Feather).
- Orbit Earn are building on Arbitrum.
- pStake moved to Base.
- Jackal moved their token liquidity to Base.
- Demex are likely moving to Monad (as Celeris).
- Stride sunsetted.
- Quaser died, and then their successor Tower also died.
- Picasso (and everything from Compostable) died, and even stranded all the bridged SOL in Cosmos.
- Evmos died and even gifted all the tech for Cosmos EVM, but they decided not to use it on the Hub.
- Loads of DEX closed down: Wynd, Hopers, Junoswap, Loop, Ura, Phoenix, TerraSwap, Sienna, Blizzard, SecretSwap, Cresent, WhiteWhale, Gravity, Sifchain...
- Not to mention everything that died when Terra died.
- Loads of Injective apps died (Dojo Swap, Injera etc) I think they only have Helix and Neptune now. Pivot to EVM.
- Kujira died, and took loads of apps with it like Fusion, Levana etc. Rujira seems dead.
- Comdex died, I think they were going to try and become a PCS chain on the hub, then decided what's the point.
- Omniflix moved to Base (as Flixdotfun)
- Penumbra closed down (other privacy chains like Namada and Secret also seem dead).
- Unicornandmemes decided not to make UWU transferrable in Cosmos, and moved to Solana.
- Anyone remember Juno? And don't get me started on NETA
Everything is fine, right?
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