Hi everyone,
I just wanted to share a thought about ATOM’s tokenomics; I hope it makes sense (I’m not a crypto professional).
My idea is quite simple: what if, when a client requests support from Cosmos Labs for the design and maintenance of a new Cosmos blockchain, they could obtain a discount on Cosmos Labs’ fees if part of their IBC fees are paid in ATOM?
For example, let’s say client A receives a Y% discount from Cosmos Labs in exchange for agreeing that X1% of the IBC transfers on its blockchain will be paid in ATOM for a period of X2 months.
I don’t want to interfere with Cosmos Labs’ commercial strategy though; this is just an idea.
I see several advantages:
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From a marketing perspective, each time a new blockchain agrees to use ATOM for part of its IBC transfers, a communication could be released to promote ATOM’s growing utility without needing complex explanations.
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As I understand it, Cosmos Labs could recover part of the discount through a potential increase in ATOM’s value, in addition to treating this as a normal commercial incentive during negotiations.
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I don’t think this goes against Cosmos’ original philosophy, since any other company could offer similar services to support its own token. Cosmos Labs would simply benefit from the legitimacy of its established track record.
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The more blockchains use ATOM, the more it could strengthen its role as a store of value.
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To my understanding, it has a very limited impact on the client’s sovereignty over its blockchain.
Best
(@cryptoassassin @totalspud for link-posting permissions)