![]() The information contained herein regarding available investments is obtained from third party sources. The investments identified on the MoneyMade website may not be purchased through MoneyMade rather, all transactions will be directly between you and the third-party platform hosting the applicable investment. MoneyMade is not a registered broker-dealer or investment adviser. While this may support the ATOM price for a while, it surely won't last since ATOM has to compete against OSMO and other IBC assets with more inherent utility. However, Osmosis rejected offers from central exchanges to list their native OSMO token since they were essentially considered competitors, and instead encouraged investors who wanted to purchase OSMO to buy ATOM and convert it using their DEX. Although each Cosmos zone is an independently secured blockchain with its own native cryptocurrency, some zones have decided not to list their native asset on central exchanges and have instead relied on ATOM liquidity and IBS as the gateway to their blockchain.įor instance, Osmosis is an IBC-enabled blockchain that operates within the Cosmos ecosystem as a decentralized exchange (DEX). This high uncapped inflation rate and limited built-in utility doesn't exactly make ATOM enticing as far as cryptocurrency investments go, but the de facto use case of ATOM that gives it value is being the central currency of the Cosmos ecosystem. ![]()
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