Outbid franchise on the Hub

Executive Summary:

Astrovault proposes the integration of our innovative fundraising platform, Outbid, into the Hub directly. Outbid functions as a decentralized, gamified launchpad, designed to facilitate a pipeline of transparent and accessible fundraising for projects within the Cosmos network. This model not only streamlines the fundraising process but also enhances community engagement through an auction-based micro-sale system. This would also bring a level of sustainability to whatever DAO the Hub elects to handle marketing and BizDev efforts.

Context:

There was initially an agreed upon deal between us and the AADAO to propose this together under the terms that we received $200k in funding ($60k in an up front grant and $140k through additional fees raised through successful sales - basically built in KPIs) with a longterm structure of 4% fees for us and 6% for them/community pool. Since then they have claimed to lack the resources to handle BizDev and Marketing efforts to operate a standalone franchise of Outbid, and therefore this proposal outlines us going forward for free, without sharing revenue, with the idea that we will happily turn over the franchise to any Hub-elected DAO based upon the handshake deal established.

We were told that they consider this prop to be competitive with Streamswap. We do not speak for Streamswap. We are fans of Streamswap. We think/hope there’s a place for both of these platforms on the Hub eventually, as they facilitate quite different but often complementary use cases.

What is Outbid?

Outbid is a gamified fundraising platform that combines the thrill of auctions with crowdfunding. Here’s a brief intro:

Outbid Intro - YouTube

Projects and DAOs are enabled to raise community funds through a series of micro-sales. Everything is parameterized, so any type of deal can be facilitated through Outbid, but the recommended flow includes consecutive microsales, with each sale being more expensive than the previous one and with a shorter vest, driving up the valuation and ensuring that early supporters benefit from the best pricing. We’ve seen good traction on the platform in our tiny isolated corner of the Cosmos, check out our previous rounds here: https://astrovault.io/outbid/
Again, raises on the platform are completely customizable and every parameter or mechanism is modular and adjustable.

How does a franchise work?

Outbid has been re-configured to be fully operational through the UI for franchise owners. Operators can create, end, customize, reward, do everything imaginable to facilitate a sale all from their operator dashboard & whitelisted wallet. Through this, teams can monetize their BD and Marketing efforts by facilitating their dealflow through Outbid, and retain a majority of the revenue, similarly to how local owners of traditional franchises (say, McDonalds) get support from the primary company, with only a revenue share back to their hub.

Here, we want a white labeled, and potentially renamed instance of Outbid to be built out on the hub, managed by whatever DAO the Hub elects to handle marketing and BizDev efforts. We would do the heavy lifting, provide our proprietary code, set up all the contracts, etc. The AXV DAO would receive a stream of protocol owned liquidity in perpetuity. This could also be used to set raise conditions for grants, in addition to providing a new avenue of funding for early stage projects. As an example, a Grant-DAO could agree to a 50% match of whatever is raised where they contribute to a raise based on interest and participation to ensure community backing and financial interest for a given project. This would allow the community early access to new projects and provide a kind of social safety net to ensure projects funded align with community sentiment and would allow them to be funded accordingly. This would create transparency for venture dealflow and ensure the community always has the opportunity to get a piece of the action.

What does the Hub get out of this?

Astrovault proposes the integration of our innovative fundraising platform, Outbid, into the Hub directly, with Hub ownership, agency and operational direction, with the potential to be a neutral product focal point for ATOM and the Hub. Outbid functions as a decentralized, gamified launchpad, designed to facilitate a pipeline of transparent and accessible fundraising for projects within the Cosmos network. This model streamlines the fundraising process, enhances community engagement and brings a sustainable fundraising pipeline to the ecosystem that can be handed off to an elected DAO at a later date.

The primary purpose of Outbid is to provide a streamlined and transparent way for projects to raise capital from a community. By facilitating a secure and efficient funding process, Outbid aims to bridge the gap between project creators and potential backers, enabling innovators to bring their ideas to life while providing a unique opportunity for supporters to participate in the growth and development of promising ventures.

Outbid is necessary because it fills the gap of traditional funding methods, which are often overtly centralized, fail to support innovative projects, startups, and social causes. Conventional funding channels can be inaccessible to many, with stringent requirements and high barriers to entry. Additionally, the rise of entrepreneurship and crowdfunding has created a growing demand for alternative funding solutions that cater to diverse needs and offer more inclusive opportunities. By providing a digital platform for fundraising, these platforms democratize access to capital, enabling anyone with an idea or a project to reach a global audience, build a community, and raise funds from supporters who share their vision.

Key Benefits:

Centralized Access: The Cosmos Hub provides a single point of entry for projects to access the broader Cosmos ecosystem, making it easier for them to connect with other chains, projects, and stakeholders.

Network Effects: By being part of the Cosmos Hub, Outbid can leverage the network effects of having multiple projects and chains connected in one place, driving growth and adoption through cross-pollination and collaboration. Successful launches through Outbid will also significantly prove and improve the Hub’s role as the head of the Cosmos Ecosystem. The pipeline of new projects, decks, twitter spaces, podcasts, articles, raises, launches, shared security, and more will be a full-stack onramp for new ideas, teams, and projects to be formally integrated into the Atom Economic Zone, and the greater Cosmos Ecosystem. The Hub needs a clear role, mission, and purpose. The ATOM token needs greater market penetration and velocity. All of this is facilitated through a consistent onramping/onboarding schedule facilitated by a DAO, through Outbid.

Incubation Opportunities: As a central hub, the Cosmos Hub is well-positioned to provide resources and support for promising projects, including access to funding, mentorship, and networking opportunities. Outbid can provide a streamlined vector to facilitate this in an equitable and decentralized manner.

Community Engagement: The Cosmos Hub’s community-driven approach can help foster engagement and adoption of Outbid, as users and project teams collaborate and share knowledge in a shared ecosystem.

Implementation

A white-listed wallet address will be required to deploy smart contracts to the Hub. We’ll make a custom white labeled user interface so that the protocol is separate and stand alone from Astrovault. Private and public beta testing will be required with opportunities for the community to participate and provide feedback.

Details of the Deal

We had arranged to provide our launchpad protocol for a $60k grant from AADAO upfront with some caveats. 4% of tokens sold in perpetuity was to be reserved for the AXV DAO. An additional 6% of tokens sold will be rendered to the AXV DAO until $140k was earned through this. Long-term this would have been handled by the AADAO, in the interim it would’ve provided the remaining $140k of a total $200k grant deal. After $140k was earned, this 6% was to be earned by the AADAO in perpetuity, or however they structured the deal with the Cosmos Hub Treasury, which is an additional consideration. In lieu of honorable terms, we’re bringing this proposal to governance directly. We’re offering our platform without an upfront charge or spend proposal, but without the portion of revenue share originally allocated. We are fully willing to provide the original revenue share, as stated above, to any DAO the hub elects to handle such things going forward who DOES have the resources and bandwidth to competently manage the platform.

Cosmos Hub Treasury Considerations

We recommend a continued token swap for whatever DAO eventually takes over the franchise for the Community Pool, so that the Community Pool is the one earning these newly launched tokens, and the DAO can properly have operational capital for their facilitation, as fees are earned in new tokens that are pre-liquid. Note that this only matters if/when a representative DAO takes over the operations of the franchise.

We additionally volunteer/recommend that the Hub gives out some AXV, and other volunteered tokens as both random and structured prizes to participants throughout these launches as additional participation incentives to drive sales. The hub currently owns 2.9M AXV ($122k-ish) which could be deployed either partially or fully to this end. NTRN and other tokens, as well as NFTs could also be given out as bonus prizes to engage a variety of communities and boost the incentive model, and dopamine-triggering fun even further. This will absolutely facilitate velocity for the ATOM token through sales, make them more fun for the end user, and help grow and stoke on-chain dealflow.

Team Background:

Our team is a group of hardcore, seasoned crypto veterans. We’ve built through and survived the Terra/LUNA collapse, the FTX fallout, and we’ve primarily bootstrapped, and community funded (through Outbid) through the bear market. Our core team includes:

Eric Waisanen: Co-Founder

Founder of tokenomics consulting firm ‘Dopenomics’. Eric is a Masters lecturer on Tokenomics and Game Theory and an industry leading DeFi researcher. Eric has a degree in Economic Philosophy. His prior experience is in the gaming industry, including redesigning and auditing casino games.

Ethan Wood: Co-Founder

Industry leading DeFi researcher. Ethan has four years managing crypto operations. He previously spent approximately ten years working for traditional tech companies like Hewlett-Packard, Verizon, and AT&T. Ethan’s background is in Global Trade Compliance and Business Administration.

Kenny Grant: CTO

QA Mastermind with 3 years experience working in a crypto managerial capacity. Kenny has over thirty years of software engineering. He has a background in international telecoms, marketing, and video game sectors, with monthly published works. He has earned his BEng Electronic Engineering (Hons.) after Electronic and Information Engineering.

Fabio Soares: Senior Contract Developer

Fabio is a full-stack developer and language expert with 4 years of programming experience. He has a Master’s in Telecommunications, Electrical, and Computer Engineering, has worked on Hyperledger and built multiple dApps.

Proposal:

At a later stage, and pending the community’s feedback, we will push a signaling proposal.

If the outcome of the signaling proposal is favorable, we will proceed with an Update Parameters proposal to authorize the deployment with the parameters outlined above.

In order to fulfill the stated goals outlined in this proposal, the Astrovault team will need a whitelisted admin multisig address to be able to deploy on the Hub. While we typically build close-sourced, we will attach a business license and open the code of Outbid to be aligned with the stated goals of the Cosmos Hub. We’ll host several community demos of Outbid over the next several weeks to better familiarize members with the gameplay of how Outbid works, and prepare teams for how to design their sales. Additionally, we’ll provide continued support, upgrades, and maintenance as needed going forward for the foreseeable future.

20 Likes

This literally sounds fantastic. I don’t see why this wouldn’t garner immediate approval. I’ve used Outbid in the past, and the gamified part is so fun, but the way it impacts the future tokens and businesses using it is legit. Big fan of the Astrovault team, as well. They always deliver.

10 Likes

I feel that comparing Outbid and StreamSwap is not the most appropriate. You’re talking two products with completely different feels. That does not mean there is not room for both, and I would in fact advocate for having both. As Eric stated above, they facilitate quite differently but are often complimentary use cases, which we need MORE of in the blockchain space.

One thing I have personally been fighting for is to get more people from Web2 to Web3. Outbid is already designed to do just that, and I would rather see Outbid being used for crowd-funding than Kickstarter. There are more elements to Outbid than are obvious that make it fun (coming from someone who might have had a little too much fun giving people snarky names…)!

It would be a huge mistake to not have Outbid on the Hub. I’m not on camera so you can’t see the emotions play across my face right now, but hopefully the words convey them. Let’s make it happen!

7 Likes

Thanks for this proposal, @ericontokenomics.

As a longtime Cosmos ecosystem user and DeFi participant, I have seen many Applications come and go throughout the last several years. I have seen incredible ideas to come to life, and it is thanks to the technology developed in this space.

With that being said, I have also seen great stagnation. I joined the Cosmos Hub in late-2019 as a new user, without even knowing how wallets worked. What I have seen since, has been a bit of a letdown.

Cosmos Hub has stated a desire to be THE place for people to come to, for all their Cosmos needs. If the Cosmos Hub is truly serious, and wants to become greater than what it has been, it will need to demonstrate a willingness to engage with projects - both large and small, and in good faith - in order to realize this vision.

I have been a long time user of DEXs and launchpads in the Cosmos ecosystem. Nowhere else can someone be their own VC, when making their first foray into a new token launch.

This component levels the playing field between individuals, who are often shunned from the startup investment space - and are typically unable to take advantage of the benefits that are often gate-kept behind accreditation labels and arbitrary minimum income & wealth thresholds.

IF the Cosmos Hub wishes to be this place that has been discussed among community members for years now, Outbid is an excellent first step.

The Cosmos ecosystem lacks a business-friendly environment, where investors from the traditional financial world can engage with DeFi Protocol and encounter a positive UX. I am not alone in my concerns over the viability of the Hub long term, as well as the longevity of most Cosmos-based L1s.

Outbid injects new energy into the Hub. It lacks energy - you cannot attract new users without something to draw their attention in. Without these attractions, the userbase will not scale, and you will encounter serious financial problems, without having proper, diversified revenue streams.

The mere fact that the team is willing to completely open-source and then sell license to use Outbid is a huge deal, especially considering that most valuable technology in the world is closed-source, and is not easily analyzed by the greater consumer culture.

Laid out clearly are the financial terms of engagement. I find them very appealing, for the simple fact that Outbid will draw capital to the Hub. You want to create revenue sources and you want to make sure that participation is encouraged.

We have seen the effectiveness of community outreach at-scaled, when it is grassroots-based.

SCRT Agency is just one example of how effective outreach is in the world, today. I was on-boarded to the Cosmos ecosystem, through the Secret Network.

I see no such outreach attempts today - and Outbid offers a platform where that energy can be concentrated and harnessed, to help support the funding of new businesses and projects seeking to make a difference in the world.

8 Likes

Good points! I would love to see new deal flow into the Cosmos. That’s the only way we’re going to reach new users and bring income and usage into crypto. Thanks for spelling it out this way.

3 Likes

Details aside, there is a clear advantage in using the hub as a token launch pad: SIMPLICITY

We’ve all looked at Solana with envy as they reap the benefit of concentrating all token & project launches on a single user friendly platform. One wallet address and one connections gives access to thousands of projects.

With the right app, the Hub can replicate this effect for the rest of Cosmos. Not only is $ATOM the most reliable & abundant source of liquidity, but it is has the advantage of onboarding new users with the least friction…everyone knows the $ATOM token. Not everyone knows that Cosmos consists of 75+ chains that each has its own token & wallet address.
Consider how many clicks / transactions is needed for a newcomer to buy a token on one of the many smaller networks in Cosmos. Even onboarding to Osmosis is not as straightforward as it once was given that many features & apps have been added, limiting access to intermediate users.

Imagine teams from all around Cosmos using Outbid to raise capital, debut their tokens, and then later migrating the liqudity to a DEX of their choice. From the user perspective, participating in a launch like this can be as easy as buying & staking $ATOM! This ease of access is what Cosmos is lacking right now.

The builders around ecosystem must stop throwing around empty buzzwords to impress other devs, as this does nothing burn them away users. Instead, they must place emphasis on simplicity if they want to give more access to users.

To summarize: Leverage the Hub as an access point for millions of users to connect with hundreds of builders.

More access = more participation = more transactions

12 Likes

@ericontokenomics am guessing this is a verbal agreement? When was this conversation had?

@0xjordy @Syed @Carter_Lee_Woetzel @CuriousJ @neshtedle
I recognize marketing resources are tight given Syed’s projected departure in Dec. But from what I understand – based on what team members conveyed (as recent as last week), there are now six contributors working on BD following the GM’s departure.

5 Likes

Ya, verbal agreement to propose together, made in Dubai.

AADAO doesn’t truly owe us anything. Even that deal would be contingent upon passing governance obviously. Just frankly, it makes far more sense to us for a team that has minimal conflicts of interest (in theory), greater reach and deal flow, and access to Cosmos Hub channels to facilitate this pipeline to operate it.

We can’t force anybody to work, can simply present opportunities and let people take them or leave them. I won’t speak for any other members here, other than what my experience was in meeting in person. I’m not on the AADAO and not privy to their plans/pipelines.

We were made aware very recently that this proposal would be only by us, not a joint effort. That is differnet than had been planned and agreed upon. Our offer still stands to them, or anyone the Hub represents, as we approached them as representatives of the Hub.

In my opinion, we are not the best team to operate this franchise. We can build it, maintain it, facilitate it, but somebody with dealflow and less biases will always be better equipped, and in my opinion, better represent the Hub’s interests directly.

That said, we’re more than willing to try and do our best in lieu of a willing and capable alternative. We aim to show that this is a very low-risk prop to the HUB with very high upside, and detail a definitive future alignment for transfer of ownership and proceeds.

8 Likes

To clarify, there was no handshake deal, no verbal agreement, and no rescinded offer from AADAO. Outbid’s claim that we backed out due to “lack of resources” doesn’t reflect the full picture. Eric expected us not only to fund his project but also to handle all business development—a substantial lift for a franchise setup that doesn’t align with our model. Expecting AADAO to approve a grant and then take on BD for his project was simply unrealistic.

I’ll be honest—while I’m disappointed by Eric’s response, I’m not entirely surprised. This isn’t the first time he’s voiced frustrations publicly. During the tokenomics RFP process, when he wasn’t selected, he openly criticized us in live spaces and on social media. This pattern of being supportive only when things go his way but quick to criticize otherwise feels counterproductive to genuine collaboration.

Even so, we offered to help with governance, yet instead of working together, he’s chosen to post negative comments about us on the forum. If Eric truly believed we had an agreement, I apologize for any misunderstanding. But there was never a formal “deal” or vote to finalize terms—just an initial discussion that we couldn’t possibly settle on the spot, especially with only part of the team present.

The insistence on a handshake deal or verbal that never happened, along with a one-sided expectation, only reinforces my hesitation. AADAO supports the community’s best interests, and that includes prioritizing professionalism and integrity. We’re open to working together, but it has to be built on respect and transparency.

4 Likes

Thank you for the largely fair and contextual response. I have great respect for the AADAO, and in particular your work and role with them. My aim is not to attack the AADAO, but to add clarity for why we’d build something with no direct revenue share for the Hub yet, and outline a definitive path, with context, for how to get there.

I get this. I view it very differently, from our perspective it’s an ask for building you guys, or any DAO representative, a means of economic sustainability for traditionally unmonetizable work. The AADAO has resorted to venture deals, largely stemming from our suggestions when we voluntarily contributed AXV tokens in recompense for the grant facilitated, as a means of trying to make the AADAO more sustainable. As you should! We believe that this offers a far more profitable, equitable, and transparent means of bringing sustainability to the AADAO. Additionally, through a franchise, it wouldn’t be [my] project, but rather yours/the Hubs.

I also was under the impression that BD was a significant part of the existing mandate of the AADAO. I may be wrong. I honestly don’t know. Goal was to monetize existing work, rather than create a bunch of extra work. If BD isn’t a part of the mandate then ya I get it, maybe this is still just a major hole in the ecosystem, and I assumed it was under your scope because in my opinion you’re the only ones really doing it, and for that, great job!

However I also think we show quite well how Outbid would work GREAT with ‘your model’, even with things as simple as grant-matching in determining funding amounts, and driving further success to launching projects.

Also fair. I also stand by my points, and have voiced publicly and privately. Up until the last 2 weeks you guys have gotten much better in comms now than you were back when RFPs were never responded to.

You’re public servants. People love to hate, and I know that sucks. You’ve also been critical of yourselves at points. If I was all sunshine and rainbows all the time just because I got a grant that would be more dishonest in my opinion.

Your ‘offer’ to help in governance was specifically to pit us against Streamswap, and present the community with a false dichotomy. I don’t know if Streamswap will try to build on the Hub, but I hope they do! I think that would also be good for ATOM, and will proactively support that!

I apologize for lacking in professionalism. It’s not my first time hearing that. Again, why I suggest, long term, we’re not the ideal team for running and operating this. We’re damn good builders. We build something we believe can help fix the Hub. And somebody more friendly and professional than myself should be public facing and delivering.

To everyone else:

This proposal and discussion is meant to demonstrate our willingness to work together, with and for the Hub, and not to attack the AADAO, who I think is mostly beneficial as HUB representatives. Sorry if that’s how it played out. I urge everyone to show up to a public demo (next one is Friday at 4:00 UTC, live streamed on X and YouTube) and see how damn fun Outbid is!

7 Likes

Key Issues:

  1. There is currently no clarity if AADAO (as is) or a repurposed organization with a revised mandate is planned for 2025
  2. Hitherto, discussions with contributors about revising the mandate have made somewhat clear that the venture investment function needs to become a separate DAO
  • Reason: The decision-making flexibility needed for venture investments conflicts with the reporting requirements of a hub-owned DAO

@0xjordy @Carter_Lee_Woetzel (I’ve asked Ventures and StratComm to clearly communicate a vision for the ventures function. Hour is getting late. Can you please push for clear public comms on this?)

Recommendation:

AADAO Contributors should clearly communicate (no later than mid December):

  • Vision for a renewed mandate and what comes next, or
  • Whether a renewed/revised mandate will be inclusive of any number of current contributors

If contributors don’t plan to continue, they should announce this promptly so others have the opportunity to develop and submit their own hub-DAO based proposals.

5 Likes

This is an absolute win in my book and am happy to support!

As others have noted, the simplicity of connecting directly to the ATOM token itself and its easy connections to every other part of the Cosmos ecosystem is a game changer. Teams, users, and general community members can take part in Outbid auctions to back ideas they collectively believe in.

From personal experience, I have used Outbid on Archway and absolutely loved everything about it. The gamification / psychological aspects to bidding are top notch, and for those who haven’t directly experienced it are truly missing out from a great UI/UX.

Finally, having known Eric from some time as a fellow Kingdom Ventures member, meeting Ethan early on in their journey, having BEgnEE question my Pictionary skills, and getting to know others in the Astrovault team and broader DAO, I can unequivocally state that they are some of the most intelligent, passionate, devoted builders and down right good people I have ever met not only in Cosmos, but all of my Web3 journey over the last 7 years.

I hope that the Cosmos community will support this initiative through its governance system :man_bowing:

10 Likes

This proposal offers an amazing opportunity for the Cosmos Hub to launch a fun fundraising platform, Outbid, which can significantly improve the ecosystem’s appeal to new projects and users. I like the fact that retail can get involved just like the VCs. The lack of a native fundraising solution has been a notable gap in the Cosmos Hub’s offerings, hindering its growth and competitiveness. By partnering with Astrovault to develop Outbid, the Cosmos Hub can fill this gap and provide a seamless, user-friendly experience for projects seeking to raise funds within the ecosystem. This will not only attract new projects and users but also increase the overall velocity of atom and activity in cosmos, ultimately driving its growth and success. Two thumbs way up.

6 Likes

This proposal is a game-changer for the Hub! Outbid would make fundraising more accessible and fun for the community while bringing in sustainable revenue.

With Outbid, Cosmos can attract exciting new projects and give early supporters great opportunities, all while keeping things transparent and community-focused. Plus, Astrovault’s team is handling setup and support, which makes things even better.

Let’s support this and take Cosmos to the next level!

4 Likes

Tbh, this is an interesting and amazing opportunity .I support this proposal to integrate Outbid into the Cosmos Hub. The team is offering to deploy without upfront costs and has demonstrated Outbid’s effectiveness through successful raises on Astrovault, which is great. the platform’s flexible parameters can accommodate different fundraising needs, and the franchise model is well-suited for the Hub’s infrastructure. This shouldn’t be up for debates at all. This is one platform that can sustainably offer revenue to the hub, and we cannot afford to throw it away. Beautiful UX, few clicks etc.

Also, I think the team’s willingness to eventually transfer operations to a Hub-elected DAO aligns with ecosystem values, while their experience in DeFi and tokenomics provides confidence in execution.

The gamified auction mechanism can also help drive ATOM velocity and ensure fair distribution, which can make the integration more valuable for strengthening the Hub’s position in the Cosmos ecosystem.

This should be approved and appreciated. Excellent work.

4 Likes

Electron team here—jumping in to say we’re working with Astrovault to do our launch on Neutron soon. Just to note, clearer comms between AADAO and Astrovault wouldn’t hurt; verbal agreements only go so far, so putting things down in writing or running it through governance would be solid for transparency.

Anyway, we’re pumped about the Outbid integration on Cosmos Hub. It feels like a solid move for boosting fundraising options in the ecosystem and drawing more eyes (and people) to the Hub. Plus, Outbid’s gamified, decentralized vibe fits right in with the open and community-driven goals here.

6 Likes

Hello Eric and Cosmos Community,

Evolved Human Care is interested in launching our token through Outbid on the Cosmos Hub. The Outbid model aligns closely with our goals, offering the decentralized, community-driven approach we need to support our healthcare innovations. It was great connecting with you at Cosmoverse Dubai, and learning more about Cosmos Hub’s initiatives confirmed how valuable this opportunity could be for projects like ours.

We’re looking forward to exploring Outbid further and seeing how it can support a meaningful launch for our token on the Cosmos Hub.

Best,
Evolved Human Care

5 Likes

Keeping things intentionally optimistic and positive here:

If you consider the HUB as a living organism, a flowering plant for example, there are certain things this plant needs to survive and flourish and become a massive garden environment. It needs a foundation that is built well enough to sustain growth (this part is already there). It needs nutrition (food, water, sunlight). That nutrition is in the form of users.

If that plant gets what it needs in the form of users, the plant benefits and flowers. If the plant flowers without the things it needs to sustain its nutrition it stops and eventually starts withering away because it’s consuming itself and its potential is never realized. I realize this is a very SIMPLE way of putting things.

How does having Outbid on the Hub help with this? It attracts more users (aka the water, food, sunlight). It enables start-up businesses that may otherwise get taken advantage of to have a safe place to start. This creates a better garden bed. Who benefits? The people who support that garden environment: the people creating NFTs, people solving problems, people building things based on random (but FANTASTIC) ideas they’ve had.

6 Likes

Though this is a captivating idea, the Cosmos Hub does not need to become more bloated than it already is, with additional features, when there are already parts of the whole that need to be taken away due to (“unaddressed”) potential security threats, i.e. the current Liquid Staking Module (LSM).

Therefore, Outbid sounds like a great opportunity to be realized/birthed as its own Zone, easily achieving these quotes/comments, by utilizing the Hub’s existing minimal/SIMPLE role, mission, and purpose, of providing shared security through ICS1+, or PSS, etc.

1 Like

Don’t like the way AADAO pulled their support of this. Really bad show. Feels like shady people once again pulling strings behind closed doors.