What problem does this service solve?

Cosmos is building a decentralized network of independent parallel blockchains. Their goal is to provide the infrastructure for anyone to be able to make their own blockchain that will be able to operate with others, and will allow transfers of value between them.The Kava CDP is designed to provide cryptocurrency holders more options to leverage their assets.

Token Stats

Company Description

Cosmos is a cross-chain protocol that is working to establish a standardized way for blockchains to inter-operate. It has been called the internet of blocchains. Cosmos is building a standardized protocol for multiple blockchains to operate freely together, and allow transfers of value between them. Cosmos is made up of a network of blocckhains called zones. Each of these zones will be powered by a the Tendermint consensus protocol. Cosmos will act as a hub, that ties the zones together and manages their coordination. The Cosomos token called ATOM was released in an ICO that raised $53 million, but it will not be traded until the platform is launched.

The Kava token fuels the Kava.io cross-chain collateralized debt platform. Kava’s multi collateral CDP system allows users to collateralize a variety of assets so that they can increase their exposure to favorable trading conditions in volatile markets. The Kava platform is secured by over 100 validators and uses the Tendermint consensus algorithm.

Ratings

Overall

3/5 (1)

(0)

How useful is this tool in creating decentralized applications?

4/5

How does this platform compare to similar development tools?

5/5

How effective is this tool in encouraging blockchain adoption?

3/5

How scalable is this platform?

5/5

How likely is it that this tool will still be used in 10 years?

4/5