Brief Information About Cosmos (ATOM)

Cosmos was started by Jae Kwon in 2014 and was officially launched in 2019. The main goal of Cosmos is to enable different blockchains to communicate with each other and share data. This is called the “Internet of Blockchains” vision. Cosmos uses the consensus algorithm called Tendermint and allows developers to create their own blockchains with the Cosmos SDK. ATOM, Cosmos' native token, is used to secure the network and pay transaction fees.

Famous Investors and Backers Behind It

Cosmos is supported by many notable investors and organizations. Some of these are those:

- Paradigm: Paradigm, an investment firm focusing on cryptocurrency and blockchain technologies, is one of the important supporters of Cosmos. The company is known for making strategic investments in innovative projects in the sector.

- Interchain Foundation: Established to develop and expand the Cosmos ecosystem, Interchain Foundation provides significant support to the project. The Foundation funds Cosmos' technical infrastructure and community initiatives.

- **Binance Labs:** Binance Labs, the investment and incubation arm of Binance, one of the world's largest cryptocurrency exchanges, has invested in Cosmos. Binance Labs makes significant contributions to the development and deployment of Cosmos.

Cosmos (ATOM) is an innovative ecosystem that provides interoperability between blockchains. Thanks to both its technical infrastructure and the strong supporters behind it, Cosmos has gained an important place in the cryptocurrency world. Cosmos, which is traded on the Binance exchange, attracts attention with its solutions regarding the integration of different blockchains and data sharing.#ATOM/USD $ATOM