BITCOIN ON COSMOS || COSMOS ECOSYSTEM || A MUST WATCH || A HUGE NEWS.
#cosmos #atom #NOMIC $NOM #bitcoin #cosmosecosystem #airdroptoken
📌The Cosmos Ecosystem might just be the next big thing in the cryptocurrency space in the next decade to come.
📌One such exciting project is called Nomic — ticker $NOM.
Nomic is a layer-1 blockchain that offers a decentralized, non-custodial Bitcoin bridge.
📌The beginning of Nomic is a bridge connecting Bitcoin to the Cosmos Ecosystem. This is HUGE!!!
📌Nomic is more than just a bridge. According to the Nomic team, the Bitcoin to Cosmos bridge is only the first step of the Nomic project.
📌In the future, the team plans to create a decentralized autonomous organization (DAO) to give the community the opportunity to take the reigns of the project.
📌Another important aspect of the Nomic project is that it IBC-enabled. IBC stands for Inter-Blockchain Communications (IBC) which aims to connect all the blockchains under one interoperable network. So, everything Nomic brings from the Bitcoin blockchain will be able to be spread across all the hundreds of projects built on the Cosmos Ecosystem.
📌The Nomic mainnet is still under development although their staking rewards will be live on July 5th.
📌The only people who hold $NOM tokens right now are those who were airdropped $NOM for staking $ATOM tokens in the Cosmos Ecosystem. $ATOM is the big daddy of the Cosmos Ecosystem.
📌The first airdrop had very minimal eligibility criteria of 1.5 $ATOM staked at the time of the snapshot. It feels like the Nomic team will continue to be lenient for the second and third airdrops as well.
important videos to watch.
👉how to use a kelpr wallet: • HOW TO USE KEPLR WALLET TO STAKE, WITHDRAW...
👉how to upload your picture as NFT on opensea: • How to upload your picture as NFT on opens...
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