Neutron Airdrop Tutorial, Akash Network Price Explosion and MUCH More Cosmos NEWS
Cosmos Market Update
In this video, the speaker provides an update on the Cosmos market. They discuss recent launches, upgrades, and price movements of various coins in the ecosystem.
Prices and Market Movements
- The market is still going flat and sideways with ATOM sitting at 10.58 for many months.
- However, there are signs of a breakout happening soon, especially in Cosmos. For example, AKT has had a nice run over the past week and is now at 57 cents.
- While some coins are starting to pump again, many are still down significantly from their all-time highs. For instance, AKT is still down 92-93%, while ATOM is only down 76%.
- Some undervalued coins with potential include Sommelier (SOM), which has a market cap of only $71 million but has been one of the top gainers of the week.
Recent Developments
- There has been drama surrounding Lobo's role in Juno, but he recently resigned from Core One. This could be a good thing for Juno to have fresh leadership.
- Neutron (NTRN) token launch is ongoing until June 5th with a liquidity bootstrapping event and initial price finding. Users need to claim their airdrop within three months.
Conclusion
The speaker believes that despite current market conditions, there are signs of growth in the Cosmos ecosystem. They recommend holding onto strong coins like ATOM and investing in undervalued gems like SOM for long-term gains.
Neutron Airdrop Claim Tutorial
In this tutorial, the speaker explains how to claim the Neutron airdrop by sending Atom tokens from a Cosmos Hub wallet to a Neutron wallet. The tutorial covers selecting the appropriate wallet, creating an IBC transfer channel, and claiming the airdrop.
Selecting Wallet and Reading Terms
- To claim the Neutron airdrop, users need to select "Connect Wallet" on launch.neutron.org.
- Users must read and agree to the terms and conditions before proceeding.
- Several wallets are available for selection; users should choose Kepler if they are eligible for the drop.
Sending Atom Tokens
- Before claiming the airdrop, users must send Atom tokens from their Cosmos Hub wallet to their Neutron wallet.
- Users should head over to their Kepler wallet and select "Neutron" from the dropdown menu of chains.
- Next, users should copy their Neutron wallet address to clipboard.
- Users should then go back to their Cosmos Hub wallet and scroll down to IBC transfer at the bottom of the page.
- After hitting "Transfer," users can create a new IBC transfer channel by selecting "Channel ID" as Channel-hyphen 569.
Claiming Airdrop
- Once users have deposited Atom into their Neutron chain wallet, they can proceed with claiming the airdrop by heading back to launch.neutron.org and clicking "Claim."
- This will prompt a transaction that needs approval via Kepler.
- After approving it, wait for processing time before seeing your balance appear in your neutron chain wallet.
Liquid Auction
- The liquid auction is still ongoing for another day where people can deposit coins into this pool right now you're actually not dollar cost averaging right which is basically happening when you put money into an omniflex stream swap pool but here you.
Neutron, Nolos, IST Vaults and Archway Updates
In this section, the speaker provides updates on Neutron, Nolos, IST Vaults and Archway.
Neutron Update
- Neutron's current market cap is 72 million. The speaker predicts that it will go up to 10-15 cents in the liquid auction and then to 30-50 cents on the open market. Withdrawals for ad drops start on June 5th for three months linear unlock.
Nolos Update
- Nolos went live on mainnet as the first dfali's app chain in Cosmos.
- Stakesida was also a validator on nolos.
- The NLS token will be launched on Stream Swap on June 13th.
IST Vaults Update
- Inter Protocol announced that IST vaults will soon be live.
- A campaign is running where you can win a share of five thousand dollars in atom by checking out their website.
- You can deposit or withdraw atom and mint or repay IST at any time so long as you don't violate the minimum collateralization ratio.
Archway Update
- Archway is an upcoming layer one smart contract platform in Cosmos that implements permissionless cosmoasm and they also build in developer incentives.
- They just dropped two things actually; their economics paper which explains how their tokenomics will work and they will launch the arch token sale on coin list on June 15th.
Stix and Archway Update
In this section, the speaker provides an update on Stix and Archway. They mention that they are validators for Archway and encourage listeners to delegate their tokens to Stixito.
Stix and Archway Update
- The speaker mentions that they are validators for Archway.
- Listeners can delegate their tokens to Stixito after receiving their arch airdrop.
- The speaker mentions Osmosis as an example of a decentralized protocol.
Cosmos Conference Update
In this section, the speaker provides an update on the upcoming Cosmos Conference in Istanbul. They mention updates to the website, booking rooms through the conference website, and announce the venue.
Cosmos Conference Update
- The lead sponsor for the event will be announced soon.
- Updates have been made to the conference website.
- Booking rooms through the conference website is cheaper than using booking.com.
- The venue for the conference is one of Istanbul's most iconic hotels.
- Sponsors and speakers will be announced soon.
Venue Announcement for Cosmos Conference
In this section, the speaker announces details about the venue for the upcoming Cosmos Conference in Istanbul.
Venue Announcement
- The venue for the conference is absolutely amazing.
- Fullbusters use one of Istanbul's most prestigious hotels as a venue.
Conclusion
In this section, the speaker concludes by thanking listeners and asking them which project they would like covered next on their channel.
Conclusion
- The speaker thanks listeners and wishes them a good Sunday.
- The speaker asks for suggestions on which project to cover next on their channel.