Several major catalysts are entering the universe that will unlock user adoption and on-chain liquidity by orders of magnitude. These are the things I'm excited about

1.MetAmask Integration – Let’s face it, MetAmask is the most used wallet in the world with 30m monthly active users, compare that to Cosmos’ Keplr which is around 800k. (still a great wallet, but network effects matter)

Bridging any chain without MM integration is a pain, as any Axelar user knows. This is a small barrier that will make it easier for capital to enter and exit the ecosystem and adopt users to the most popular wallets in Crypto

Over the years, application chain theory has been implemented in various ways. The need for modularity has increased over time, as blockchain developers realize that their platforms can be scaled more efficiently by outsourcing some of the work involved in running dApps.

Initially reserved only for sovereign chains, often built using the Interchain Stack, the evolution of application chains now includes consumer chains that lease security from the Cosmos Hub, as well as rollups that rely on layer 1 chains to perform some settlement and bridging work, as brilliantly . These changes bring different security assumptions and issues that need to be addressed. Celestia aims to solve a special problem called data availability, but before we explain how this problem relates to your project, let's try to understand the latest buzzword in Web3: modularity.

Archway is a native Layer 1 blockchain built on Cosmos development components. In addition to the common functions with general public chains, more than a year ago, the Archway protocol proposed the idea of ​​"value capture", that is, everyone who contributes to the protocol can receive value returns. The idea of ​​value capture is very popular, and some protocols have also tried it through Gas rebates, token redistribution, etc., but so far the core problem has not been solved. Dapps cannot really benefit and participate in the value capture of L1, and with them creating for L1 proportional to the value.

In March 2022, Phi Labs, the developer behind the Archway protocol, announced the completion of a $21 million seed round of financing, led by CoinFund and Hashed, 1confirmation, IDEO CoLab, Figment, Blockchain Capital, Wintermute, Chorus One, stake.fish, Lemniscap, Cosmostation and Hypersphere Ventures participated in the investment. Griffin Anderson, the founder of Phi Labs, has been a contributor to Ethereum since 2015 and served as the senior product director of Consensys. Before founding Phi Labs, he was the product leader of Ignite, the core development company of Cosmos.