BitPinas has already listed the potential and confirmed upcoming airdrops on the Solana Network and Sei Network, and has also listed more airdrops on this list. 

In this article, dive deep into what the Cosmos Ecosystem is, its features, and the dApps built on top of it that are expected to host an airdrop.

(Also check out: 10 Potential Crypto Airdrops 2024 to Watch Out for in 2024)

Cosmos Ecosystem: An Introduction

Cosmos is a novel blockchain network architecture that is a network of many independent blockchains, called zones.

In its whitepaper, Cosmos mentioned that it seeks to address the common problems of blockchains, which are gross energy inefficiency, poor or limited performance, and immature governance mechanisms.

To solve this, Cosmos Network was developed as a network of heterogeneous blockchains, which are each connected via the Cosmos Hub and a standard communication layer called the Inter-Blockchain Communication (IBC) protocol, according to the team: 

“This architecture solves many problems that the blockchain space faces today, such as application interoperability, scalability, and seamless upgradability. For example, zones derived from Bitcoin, Go-Ethereum, CryptoNote, ZCash, or any blockchain system can be plugged into the Cosmos Hub.”

Meanwhile, the Cosmos Hub is the network’s first blockchain product. Basically, it serves as a WiFi router that facilitates token transactions in the Cosmos ecosystem.  

Moreover, another known product of Cosmos is the Cosmos SDK, which is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains as well as permissioned Proof-of-Authority (PoA) blockchains. 

Lastly, Cosmos’ native token is called $ATOM, which means that it is used to pay for transaction fees on the ecosystem and on dApps that do not have their own utility token. It also serves as a governance token, which can be staked for the user to vote, validate, or delegate to other validators. 

With these features, many dApps have been built on top of the Cosmos Network and there are projects taht are currently hosting their own airdrops. 

Cosmos Wallets

You need to have a wallet that supports Cosmos. An example of which is Keplr wallet (https://www.keplr.app/) and Leap (https://www.leapwallet.io/cosmos)

Cosmos Ecosystem

Osmosis

Osmosis (https://osmosis.zone/) is a decentralized exchange and a cross-chain DeFi hub. 

“As the liquidity center and primary trading venue of Cosmos, it is the access point for the wide world of appchains, the gateway to the interchain,” its whitepaper read.

To earn free crypto: 

• Step 1: Go to https://wallet.keplr.app/chains/osmosis.
• Step 2: Choose a validator.
• Step 3: Choose the “Stake” button. 
• Step 4: Type in the desired amount of $OSMO to be staked. 
• Step 5: Wait for 14 days to receive rewards. 

Celestia

Celestia (https://celestia.org/) is a modular data availability network that aims to allow users to easily launch their own blockchain. 

“Rollups and L2s use Celestia as a network for publishing and making transaction data available for anyone to download. For them, Celestia provides high-throughput DA that can be verified easily with a light node,” its website wrote. 

It has already hosted its genesis airdrop, which already gave away $728,380,235 worth of $TIA, valued at its ATH token price of $13.99. But it is still giving away rewards to those who will stake $TIA tokens. 

Injective

Injective (https://injective.com/) is a finance-focused blockchain that offers a decentralized orderbook and allows its users to produce an open interoperable smart contracts.

“The Injective ecosystem is a network of decentralized applications that focus on providing the best in class user experience. By providing the unrestricted and unprecedented ability to access decentralized financial markets, products, services, and toolings, the Injective ecosystem empowers individuals with the ability to more efficiently allocate capital,” its developers wrote in the documentation. 

Like Osmosis and Celestia, Injective’s native token can also be staked. 

• Step 1: Go to https://wallet.keplr.app/chains/injective.
• Step 2: Choose a validator.
• Step 3: Choose the “Stake” button. 
• Step 4: Type in the desired amount of $TIA to be staked. 
• Step 5: Wait for 21 days to receive rewards. 

Kujira

Kujira (https://kujira.network/) is a layer 1 platform that claims to revolutionize payment infrastructure by providing “sustainable” FinTech solutions to protocols, builders, and web3 users.

“Our mission is to provide a range of easy-to-use, cost-effective tools for people of all levels of crypto experience, from the novice crypto enthusiast to the seasoned retail investor. We want to allow people to generate income regardless of market direction and be inclusive of all blockchains and networks,” its documentation read. 

To earn free $KUJI tokens, 

• Step 1: Go to https://blue.kujira.network/stake.
• Step 2: Choose a validator.
• Step 3: Choose the “Stake” button. 
• Step 4: Type in the desired amount of $KUJI to be staked. 
• Step 5: Wait for 14 days to receive rewards. 

Stargaze

Stargaze (https://www.stargaze.zone/) is a “beginner-friendly” NFT marketplace that charges zero gas fee for minting and trading NFTs. 

“Stargaze is a Cosmos app chain designed to empower creators, traders, and developers. It enforces royalties onchain for both creators and developers, and offers real yield to stakers. Stargaze is the place to mint your first NFT if you’re new to crypto, but also offers advanced trading tools for more sophisticated traders,” the developers wrote. 

• Step 1: Go to https://www.stargaze.zone/stake.
• Step 2: Choose a validator.
• Step 3: Choose the “Delegate” button. 
• Step 4: Type in the desired amount of $STAR to be staked. 
• Step 5: Wait for 14 days to receive rewards. 

Other Cosmos Projects

The following projects (as of January 3, 2023) that either don’t have tokens but are planning to launch their mainnets or still in testnet.

Skip Protocol

Skip aims to improve user experience and interoperability. (Skip)

Hyperlane

This is a permissionless interoperability layer. (Hyperlane: The Interchain Highway | Home)

Berachain

This is an EVM-equivalent layer one on the Cosmos EDK that uses proof of liquidity. (Home | Berachain)

Dymension

Dymension is home for easily deployable rollaps. (Dymension: Home of the RollApps)

This article is published on BitPinas: Ultimate Cosmos Airdrop Guide And Ecosystem List

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