I think the last time I looked at ATOM, the native token on the Cosmos blockchain, it was worth $ 1.40 per unit. Like the other altcoins, it went through a difficult period like all crypto alternatives, but lately its name came out as part of Binance's staking service, offering a yield above 24%.
Although the concept of ATOM is within a very strong category, smart contract tokens are really presenting a great diversification in terms of usability, and their integration in composite ecosystems make them part of a service that stands out in every environment. and more in demand as the issue of decentralized finance.
Unfortunately, ATOM, from my perspective, does not offer anything radical, its effectiveness approach focuses on the development of three layers, application, networks and consensus, a concept already seen in other alternatives, but which help to create new applications within of the blockchain network.
The interoperability approach of this token and its centralized interconnection in a connection between different blockchains is not as innovative as the growth presented by other environments that already advance a fairly favorable development in this scenario, just look at what is developed in Polkadot (DOT ) or even the same Etherium (ETH) even without the expected 2.0 that would prove a friendlier consensus among its users.
ATOM has achieved a revaluation due to the fact of an administrative procedure undertaken by one of the most profitable exchanges so far as Binance is, so to also demonstrate that it works in the technological part, it must focus on solving errors that other environments have and persist .
Tendermint BFT and Cosmos Software Development Kit are two terms that can be that differentiator and possibly those mechanisms that help the Cosmos network to stay in competition. The first allows raising the level of scalability in chain transactions, achieving efficient distribution, even in applications developed within the network. The second helps developers within the ecosystem, so that the technology is quite easy to understand and very accessible. If we denote well, it is a combination that within the appropriate environments, will achieve the public's capture.
I hope that ATOM does not position itself for the fact of simply achieving administrative performance and takes advantage of this respite to continue demonstrating that it is in the competition of smart contracts for what it is worth and that it would be ideal to involve it in other independent and decentralized development projects.
At the time of this writing, it has a value of $ 17.7 with a capitalization of $ 3.56B and a volume of work in the last 24H of $ 288M. The future for these initiatives is not so gloomy, even knowing that these types of innovations will be the ones that move the entire financial ecosystem, if Cosmos is to participate in the change, it must position itself with a great technological step and with the desire to do things well, especially where others have failed.
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/atom-failure-and-development-opportunity-xpnrlme
