2022 Recap🎊
This Crypto Report by @coinwirehq and @tkdotventures is a treasure trove!🤩💰
Infographics, stats, deep metrics analysis everything is ready for you✅Seek ALPHA here 👇coinwire.com/crypto-report-…
⚛️#Cosmonauts #CosmosEcosystem $ATOM #CryptoReport2022
1/
Take a look at the content
This report contains all the hot topics and notable events of the past year including #BTC price preformans, Terra, ETH Merge, FTX, #NFT & Web3 Gaming, #DeFi apps, #L1 and #L2 solutions🥵
Let's dive in!🧵⬇️
2/
2022 was a really tough year for crypto in general, but there are some Blockchains that suffered more than others and lost a big percentage of their value:
$FTM -93%📉
$SOL -92.7%📉
$NEAR -90.7%📉
$AVAX -89%📉
$DOT -82.6%📉
3/
2022 Was A Year of Hacks
In general, there were 130+ hacks & exploits, and over $3.4 billion were hacked (this is a new record)
4/
Half of the largest hacks in 2022 came from exploiting Cross-chain bridges.
So it became obvious that IBC/@cosmosibc is the single most important aspect for every project to implement in 2023⚛️
Bridge hacks: Billions of Dollars♾
IBC hacks: 0⃣
#IBCGang
5/
One more take regarding the advantages of #IBC
Learn about "Inter-Blockchain Communication Protocol (IBC): The TCP/IP Protocol of Blockchains, Bridges & Trends" from the article by @johnniecosmos:
➡️johnniecosmos.medium.com/inter-blockcha…
6/
Inter-Blockchain Communication Protocol will solve bridge hacks problem forever
It works flawlessly for almost 2 years!
IBC connects 50+ sovereign blockchains and processes billions of $ per month
mapofzones.com
7/
Cosmos projects @SeiNetwork and @CelestiaOrg are found among the most promising projects for 2023
🟣Sei is a sector-specific L1 chain optimized for trading with lightning-fast trx finality
🟣Celestia is the first modular blockchain network to power scalable, secure Web3 apps
8/
According to Key Metrics for Non-EVM Chains
⬆️@cosmos has the most active developers - 142
⬆️The highest TVL - $1.45b / @Cardano - $65m
⬆️Cheapest transaction fees - $876k / @solana tx fees - $24.7m; @Algorand - $361m
9/
TVL of Multiple Blockchains Overview
Here are some prominent Cosmos projects with the highest TVL
@cronos_chain $CRO - $413m
@THORChain $RUNE - $205.8m
@KAVA_CHAIN $KAVA- $186.3m
@osmosiszone $OSMO- $152m
10/
TOP #NFT Collections of 2022 became:
@BoredApeYC
@theothersideNF
@AzukiOfficial
@moonbirds
@cryptopunksnfts
@Sorare
@doodles
@AxieInfinity
But this list definitely lacks such Cosmos legends as @badkidsart & @stargazepunks 😎
11/
The Future is Bright for Cosmos⚛️
According to 10K+ survey participants, 17.5% of crypto investors believe that Cosmos will achieve mass adoption in 2023 🚀
There is reasonable bullish sentiment towards the #CosmosEcosystem
12/
I hope you enjoyed this thread and now have more understanding of Cosmos ecosystem 😊
💪It was a HUGE work done by @bsc_daily, @CosmosATOMDaily, @coinwirehq, @tkdotventures in making all infografics and stats
So let's show them some love 💜
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.