The management of Cosmos ecosystem intends to enter the Russian market and take their niche in the cryptocurrency business. What are the plans for the company for the near future and how Russia may be interesting to cryptosocence, Beincrypto discussed with the Citizen Cosmos co-founder Sergey Simansky.
About Russia and her place in the cryptocurrency market
Russia and all Russian-speaking space is one of the most promising regions for the development of the blockchain-industry. And it is not at all about the creation and launch of new projects in the country, which introduced quite serious restrictions against cryptocurrency, but on the development.Despite such potential, Russia seriously restrains the development of the blockchain industry, which ultimately can lead to the leakage of valuable frames abroad, where they are fairly in demand. Introducing the hard regulation of the cryptocurrency market, the government selects the "piece of bread" in itself.
Foreign investors and founders of cryptocurrency projects are already looking after Russian-speaking developers. To identify the best of the best, they will gather on the thematic hakaton, which is carried out in order to present the possibilities of Russian programmers to potential customers.
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About Khakaton
The next week in Russia will be HACKATOM RU 2021, which will collect on the same platform of the best hackers. Programmers will deal with the construction of infrastructure for DEFI in their own projects. The jury will appreciate the technical execution, uniqueness, usability and product part of the projects. The best teams or developers receive cash prizes from sponsors.
On the value of the cost atom
The official token of the Citizen Cosmos ecosystem is a token atom, which last month has grown for more than 200%. Sergey Simansky Such explosive growth does not consider such an explosive and binds the reasons for strengthening prices with general trends in the market.The popularity of the project is growing, and with it the price of the token atom is strengthened. These are quite predicted changes. Sergei Simansky himself does not associate a rising price trend with the opening of a new staying pool atom at BINANCE or with other reasons.
About plans for the future
Speaking about the plans for the next three years, Sergei Simansky allocated several main vectors to follow the company.
First, this is the integration and interconnection of all internal blocks that work in the COSMOS ecosystem. Now the project employs about 250 projects that make about 10 thousand transactions per week or a month. When they are combined, the number of transactions within the ecosystem will grow in tens, and even hundreds of times. It will strengthen the cost of tokens, allow investors to receive even more income from transactions, as well as attract new users.
Secondly, the developers will concentrate on the development of the function of the automatic market of Maiking (AMM). Now several developers teams work on this process.
Thirdly, the project goes into a decentralized space that will allow the participants themselves to influence the cost of tokens, vote for changes in the ecosystem, allocate money to finance certain projects and much more.
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