According to TechFlow, Cosmos is at a crossroads in its development, and community support is weakening. The Interchain Foundation (ICF) has lost community trust due to poor management, conflicts of interest, and lack of transparency. Recent audits and calls for reform highlight the severity of these problems.
The intangibility and lack of clarity of Cosmos has left users asking for more. The rise of Rollups on Ethereum and Celestia offers developers similar options with the advantages of a mature community and deeper liquidity pools.
The success of Cosmos depends on creating tangible value for users and fostering an ecosystem of applications. Current challenges need to be addressed through transparent governance, user focus, and developer empowerment.
