Now that permissionless CosmWasm is available on the Hub, we need applications. Teams will need incentives to deploy and maintain quality apps. I propose allocating a portion of the community pool to support this initiative. The exact amount and details can be discussed, but resources should be directed only to teams that already have applications live and have demonstrated reliability.
There are several reasons why funding these teams is important:
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Ecosystem Growth: Early, reliable applications help establish the Hub as a vibrant environment for users and developers.
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Network Effects: More high-quality apps attract more users, which in turn encourages additional teams to build.
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Reliability & Trust: Supporting proven teams ensures funds are used effectively, lowering the risk of abandoned projects.
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Sustainability: Incentives give developers the resources to maintain and upgrade their apps, keeping the ecosystem secure and competitive.
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Showcasing CosmWasm: Well-funded, functional applications highlight the Hub’s capabilities and encourage broader adoption.
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Avoiding a Ghost Chain: Without strong applications, the Hub risks stagnation and could become a “ghost chain” with little real usage or activity.
The most essential applications would be:
- Dex
- Borrowing and lending
- NFT Marketplace
- Vaults
- Perps
- Name Service
Here is a wishlist of apps: