Signalling Proposal to Whitelist the Deployment of InterChain NFT Contracts

Hub Proposals
1

This proposal is scheduled to be submitted for Cosmos Hub Governance voting on December 3rd, 2024.

Update Dez 4th 2024: AADAO Support and Asteroid Protocol Merge

We’re pleased to share that AADAO has expressed strong support for our proposal. You can read their statement here.

Additionally, as part of this proposal, Asteroid Protocol will be merged into Ark Protocol, further strengthening our Interchain NFT ecosystem efforts (Tweet). We believe this unification will enhance our capabilities and bring even greater value to the Cosmos community.

Update, Dez 3rd 2024: Proposal is Now Live On-Chain for Voting

We are excited to announce that our proposal is now live on-chain and open for voting!

Proposal #981: Mint on the Hub, list on Stargaze, BackBone Labs, and more

We kindly ask all $ATOM stakers and validators to review the proposal and cast your YES vote.

We sincerely thank Stargaze, @Govmos, @Quentin, @Guinch_Roze, @whyre, @StunZeed, @reasonant @David_Crosnest et. al. for their constructive input.

Your support is crucial to enhance the security and governance of the Cosmos Hub through the deployment of Interchain NFT contracts.

Thank you for your time and consideration.

Sincerely,

The Ark Protocol Team

Update Nov 28th 2024: Acknowledging Stargaze’s Contribution

We sincerely thank Stargaze, our biggest contributor over the past 2.5 years, for their significant support in developing ICS721 and Interchain NFTs.

Stargaze’s Support:

  • Funding: Approximately ~100k USD worth of $STARS tokens.
    • ~70k USD for development work.
    • ~30k USD for ICS721 operations and support.

Their support has been crucial in:

  • Developing and maintaining the ICS721 standard.
  • Providing integration and support to chains, protocols, communities, and developers.

We appreciate Stargaze’s commitment and look forward to continuing our collaboration to enhance the Cosmos ecosystem.

Update Nov 26th 2024: Addressing Stargaze’s Feedback and Clarifying Our Proposal

We appreciate the feedback from Stargaze and supporting us on this prop. We have updated our proposal to reflect the collaborative spirit of the Cosmos ecosystem.

Key Updates:

  1. Terminology Clarification:

    • Interchain NFTs as a Public Good:
      • Chain-Agnostic Approach: Interchain NFTs (ICS721) are designed to be a public good for all chains, fostering interoperability and collaboration across the entire Cosmos ecosystem.
      • Collaborative Goal: Our aim is to provide Interchain NFT capabilities to all chains, including the Cosmos Hub, to support and accelerate the growth of the entire Cosmos network.
      • Successful Deployments on Other Chains: We’ve successfully passed proposals and deployed contracts on Injective and Osmosis, and we’re working towards integrating with all chains.

  2. ICS721 Contribution Proof:

    • Official Repository: We contribute to the official cw-ics721 repo.
    • Initial Commit by Shane (Stargaze Founder): View Commit.
    • Collaborative Development: This confirms our joint efforts in developing the ICS721 standard as a community-driven initiative.

  3. Proposal Language Adjustments:

    • Promoting Interchain Collaboration:
      • Supporting and Accelerating All Cosmos Chains: Our proposal aims to enhance the entire Cosmos ecosystem by providing Interchain NFT functionality to all chains, including the Hub.
      • Empowering Creators and Users: By enabling creators to mint NFTs on their preferred chain and transfer them across chains, we support the growth and engagement of NFT communities everywhere.
      • Complementing Existing Chains: Our efforts are intended to complement, not compete with, existing app chains like Stargaze. We recognize and value the unique contributions of each chain and aim to foster a cooperative environment.

We value Stargaze’s contributions and are committed to working together to enhance the Cosmos ecosystem through the collaborative development and deployment of Interchain NFTs as a public good.

Update Nov. 25th 2024

Atom Accelerator DAO (AADAO) has expressed strong support for our proposal, emphasizing its potential to make the Cosmos Hub the central hub for NFTs in the Cosmos ecosystem. They highlight the Interchain Launchpad, which enables creators to mint NFTs on the Cosmos Hub from any chain, allowing them to reach the entire Cosmos NFT community. AADAO believes that expanding the Hub’s capabilities to include NFT functionalities will attract more users and developers, thereby strengthening the Hub’s ecosystem.

Read AADAO’s full tweet here.

Update Nov. 21st 2024 - TL;DR:

We’ve provided an update on our proposal based on community feedback in below comment #35.

We sincerely thank @Govmos, @Quentin, and @Guinch_Roze for their constructive input. By addressing their concerns, they now support our proposal.

Our updated proposal emphasizes how integrating Interchain NFTs on the Cosmos Hub enhances both Security and Governance:

  • Security: Storing NFTs on the Hub protects valuable assets with its robust security measures, preventing losses like those experienced during the UST depeg on Terra.

  • Governance: NFTs enable advanced governance models through platforms like DAODAO, allowing users to participate more actively using their NFTs and $ATOM holdings.

For detailed information, please read our updated comment #35 here.

Disclaimer:

This proposal is a collaborative effort between AADAO and the core contributors of Ark Protocol, aiming to advance NFT adoption on the Cosmos Hub.

The introduction of inscriptions by Asteroid Protocol has brought NFTs to the Cosmos Hub, unlocking new use cases, attracting users, and creating revenue opportunities for stakeholders. However, unlike fungible tokens, NFT interoperability within the Cosmos ecosystem remains limited. Ark Protocol is addressing this by leading efforts to enhance NFT interoperability across Cosmos.

With permissioned CosmWasm live and Asteroids demonstrating the potential of Hub-native NFTs, all the pieces are in place for the Hub to become a key player for NFTs in the Cosmos ecosystem.

Asteroid Protocol and Ark Protocol are excited to announce an upcoming strategic partnership. By combining their key assets in NFT and Inscription portfolios, they perfectly complement each other and will provide significant benefits to the Cosmos Hub.

This proposal results from collaboration with the Atom Accelerator DAO and the Asteroid Protocol. We would like to thank both parties for their support and guidance with this project.

Proposal

This proposal seeks to whitelist Ark Protocol’s developer team wallet to enable the deployment of its NFT contracts, which include:

  • The Interchain Launchpad: The contracts for minting NFTs on the Cosmos Hub from any chain in the Cosmos. Creators will no longer be limited to launching their collections on a single chain. This utility allows them to reach the NFT community across all Cosmos chains.
  • The Interchain bridge: The ICS721 contracts for bridging cw721 NFTs.
  • NFTs: The CW721 contracts for creating NFT collections.

By whitelisting Ark Protocol’s developer wallet, the team can quickly deploy updates and bug fixes to the contracts, while Cosmos Hub governance can still revoke the developers’ permissions at any time. Among the key updates coming soon is making Asteroid inscriptions 100% Interchain-compatible, allowing them to be transferred to NFT marketplaces on other chains, and enabling NFTs from other chains to be transferred to the Cosmos Hub as inscriptions.

Motivation

Adopting Cosmos ecosystem standards for NFT issuance and interoperability offers several benefits:

  • Issuing and exporting Hub-native NFTs across the Cosmos:
    Just like $ATOM is the Interchain capital, dominating TVL across most DEXs and money markets across the cosmos ecosystem, we see a case where Hub-native NFTs become valuable assets and get exported for NFTfi use cases across the Cosmos.

  • Hosting Hub-aligned collections:
    NFT collections often derive their value from cultural and historical significance. For instance, Mad Lads represent the Solana community, Crypto Punks symbolize Ethereum OGs while Bad Kids are the Cosmos ecosystem builders PFP of choice.
    Zooming in on Cosmos… We believe collections with similar cultural significance to Bad Kids could exist in the future and if so, it is fitting for these collections to live on the chain that brought this vision to life—the Cosmos Hub.
    Were NFTs to become live on the Hub, such a thing will be possible.

  • Become a Marketplace for trading NFTs in the Cosmos
    While other app-chains and marketplaces currently lead in this area, it remains a possibility in the future. In case NFTs on the Hub take off, the Hub has the chance to capture the economic upside from NFTs trading activity.

→ All utilities mentioned above have the potential to attract new users—including artists, collectors, creators, and developers—to the Hub, increase demand for $ATOM, and stimulate economic activities on the network.

The Interchain NFT bridge has already been adopted by Osmosis, Terra, Juno and Stargaze. With Injective, Neutron and Migaloo integration coming in the next few weeks. Making bridging of NFTs between most notable App-Chains possible, with +8000 NFTs transfers facilitated in 2024.

Implementation

This proposal seeks the whitelisting of the deployment of CW contracts. Therefore, our aim with this post is to initiate the discussion around the proposed idea and gather the community’s feedback.

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

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

In order to launch smart contracts on a permissioned CosmWasm chain, like the Hub, governance must vote to authorize the deployer. This proposal authorizes Ark Protocol’s developer wallet to deploy contracts:

If this proposal passes and the wallet is whitelisted, the Ark Protocol team will deploy its Interchain NFT contracts.

  • Whitelisted Developer Wallet:
    • Team Wallet: cosmos19pmppgpqnjkvjp6mx8q2dpuy382g4hhxatt9sk

Potential risks

  • Security vulnerabilities:

Like any other smart contract, Interchain NFT contracts may be susceptible to security vulnerabilities, bugs, or exploits that could result in loss of assets or disruption of operations. However, We should note that the contracts have been audited twice, first by Oak Security and then by SCV, and that the team has put security measures in place to mitigate any potential risks.

Security Measures

Note: the above DAOs on Neutron are currently used for all deployed interchain contracts managed by Ark Protocol. Ark will transition both DAOs to the Hub in case of proposal approval.

  • Additional measures
    • Multi-Signature mechanisms (via both DAOs as mentioned above) to prevent unauthorized contract changes
    • Proxy Contracts to enhance security during NFT transfers
    • Whitelisting Mechanisms to ensure only legitimate collections/channels interact with bridge
    • Emergency Controls to pause bridge, de-whitelist compromised chains/contracts

Audit

Codebase

Successful Whitelisting on Other Chains

Ark Protocol has already gained community trust and support, with successful whitelisting proposals passed on:

These approvals demonstrate the confidence that other leading Cosmos chains have in Ark Protocol’s technology and team, further validating the safety and benefits of deploying their contracts on the Cosmos Hub.

About Ark Protocol

Ark Protocol stands at the forefront of the Interchain NFT revolution, building and safeguarding an interconnected NFT ecosystem. As the key contributors to cw-ics721 and the cw-nfts repositories, they’re driving innovation across multiple blockchain networks.

Their mission: facilitating seamless and secure NFT interactions across the Cosmos ecosystem. Ark Protocol stands at the intersection of innovation and utility, enabling NFTs to navigate through various blockchain networks, with partnerships bolstering our reach to chains like Ethereum. Our Interchain gateways at interchain.arkprotocol.io offer diverse utilities for Stargaze, Terra, Osmosis and Juno.

Ark Protocol envisions a future where the Cosmos Hub is home to the most promising NFTs collections with trading activity and NFTfi deployment that span across the whole Cosmos thanks to their interoperability standard CW-721.

Voting options

  • Yes: You are in favor of allowing Ark Protocol to deploy the Interchain NFTs CosmWasm smart contracts on the Cosmos Hub.
  • No: You are against allowing Ark Protocol to deploy the Interchain NFTs CosmWasm smart contracts on the Cosmos Hub.
  • ABSTAIN - You wish to contribute to the quorum but you formally decline to vote either for or against the proposal.
  • NO WITH VETO: A ‘NoWithVeto’ vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Cosmos Hub, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Cosmos Hub governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the deposits are burned.
9 Likes
2

I want to congratulate Ark Protocol for their devotion, directly targeting a real need for end users around NFT bridges. They chose to build a protocol, not a new chain with 25% inflation, they build on existing infrastructures including the Hub, thank you.

I completely agree that NFTs have their roles within the Cosmos Ecosystem and beyond. NFTs may seem trivial or useless, I thought that too but I realized that they have a strong power to gather and maintain an active and engaged community (ex Mad Scientists). I think that the Hub, although focused on building new infrastructures, should also look to provide fun apps for its community behind which they could rally during bears and create momentum during Bulls.

Concerning Asteroid, for the moment the observation is bad for me. I’ve been using Stargaze almost every day for over a year now and recently I wanted to test Asteroïd and I was disappointed. Not even 1/100 of Stargaze’s activity, sometimes you can have several days without having a single purchase on the entire platform, no possibility to mint with a ledger, the platform is ok but lacks dozens of features…etc

In my opinion the Hub should invest to improve Asteroïd and support Bridge projects like Ark. At the minimum support creators, and why not even launch the first official collection of the crazy Cosmaunots?? It seems silly, but done well it would probably have 1000 times more positive impact than most of what is offered now to regular users. Forge is cool… we have a website to see consumer chains, great… but it’s not this that will bring thousands of new dedicated users and grow the community and hype around ATOM. To me it sounds crazy that this has not been done already. Someone at AADAO should have been dedicated to BD and build cool apps and stuff for the community while the core team focus on infra on the background…

Good luck

6 Likes
3

Ty, mate and your great support! That’s why we are here and have been building: serving and protecting the NFT fam (since UST depeg in May 2022!!).

BTW… once this prop gets passed, we’ll launch a first-ever genesis collection on the hub ;).

5 Likes
4

we’ll launch a first-ever genesis collection on the hub ;).

I’m already all interested !!

Make sure to gather support from the Atom community and try to get official support (rather on chain or through a future elected DAO?) and validators on-board and it should be an absolute blast :boom:

4 Likes
5

It could make the Cosmos Hub the Hub for NFTs of the interchain. With their data stored in the CosmosHub thanks to Asteroid Protocol, all NFTs would add a whole new utility to the CosmosHub. Hats off Ark protocol !

3 Likes
6

:saluting_face: :vulcan_salute:
We’ve working closely with Asteroid Protocol and AADAO since a while on this. Now it’s up to the community voting on this :crossed_fingers:

Appreciate support from strong inscription advocates like ComosWorms :pray:!

3 Likes
7

Yes! We are actively working on this. Official statement from AADAO and Asteroid Protocol coming soon.

Also big community like Mad Scientists are supporting us on this. Checkout Spaces with Zerk tihs Wednesday, Nov 20th 7pm UTC.

3 Likes
8

We have definitely discussed this and there will be more on addressing these concerns too and Ark will play a big part in it!

6 Likes
9

One more thing: we’ll also having a strategic partnership with StreamSwap. We are aligning strong teams pushing $ATOM to the moon!

2 Likes
10

On behalf of Govmos and the PRO Delegators’ validator team, we align with @jtremback’s perspective and the proposed operational framework for CosmWasm on the Hub, as outlined in the following discussion:

Adhering to these guidelines, we believe that hosting NFT-related functionality on the Hub does not align with its core mission of interchain security and governance. While we are open to discussions about potentially extending this mission, there is currently insufficient evidence to justify including NFT functionalities within this framework.

As such, our stance is to cast a negative vote on this proposal. We encourage the author to elaborate on how their product could specifically enhance governance or security on the Hub. Any other use case appears more appropriate for a dedicated consumer chain rather than the Hub itself. However we remain open to chance our opinion if evidence of actual benefit is proven.

Thank you for your attention,
Govmos.
pro-delegators-sign

11

Big supporter of this proposal. I would love to see NFTs go fully crosschain with the Hub as their core home. Creators could optionally use Asteroid as the “storage layer” for their artwork while also gaining interchain access. Whitelisting Ark would also enable capabilities that simply aren’t possible with inscriptions, so it should dramatically improve the UX and power of Asteroid Protocol, while also turning the Hub into the Schelling point for cross-chain NFTs in the Cosmos.

Currently, Cosmos UX is fragmented across numerous chains. Ark can make this experience far more seamless with interchain NFTs, and help cement Cosmos Hub as critical fabric for ALL Cosmos chains. It will grow the visibility and utility of the Hub, which is good for all.

4 Likes
12

This attitude and people like you are the reason Cosmos isn’t progressing to be all that it can be. Screw the old consumer chain BS narrative, the problems IBC has is because we pushed for ever dApp to have a chain and now we’re stuck with almost 200 chains fighting over fractured liquidity, an ecosystem that is impossible for newbs to figure out, new chains that don’t even want to admit they use CosmosSDK, and all of crypto calling $ATOM a worthless token and CosmosHub a ghost chain that should be shut down.
The whole problem with IBC are the people that don’t want to admit these failures and actually start reversing course and people that act like boomers and can’t get out of the way of innovation because they can’t adapt.

People want and are begging for CosmosHub to GTF up and do something FFS. Get out of this rut we’ve put ourselves in where we’ve pigeon holed ourselves by purposely keeping innovation off our door step out of a vision, failed vision at that, that CosmosHub shouldn’t be a real chain, for real people, and instead should promote governance and security narratives while making all of IBC even worse by pushing projects that could thrive as dApps into being consumer chains and full chains where they have way more work and expenses while also fracturing liquidity and the community even further.

Let ArkProtocol cook before none of us get to eat because of this vision that is starving CosmosHub and making it irrelevant.

Let me add that this is why I’m against validators having delegated voting power. You should only be allowed to vote with your own liquidity so we have actual users voting on policies. The only upside is that it shows where they stand so we can know who not to delegate to.

5 Likes
13

Talking about security. Currently in Cosmos Hub there is still the official NFT module: gaia/go.mod at main · cosmos/gaia · GitHub

So it is already part of the hub, but there’s a design flaw here: it allows everyone to mint an NFT. This should be replaced by using the CosmWasm-based/cw-nft contract (where Ark is the key contributor!).

We have also discussed this desgin flaw some time ago with IRISnet:

image
image552×726 87.3 KB

IRISnet has implemented the module-based version of our ics721 bridge. During their audit they had this security issue due to x/nft module.

image
image570×772 82.2 KB

Side note here: unlike IRISnet’s solution, we have added additional security measures, like:

  • a pauser msg in our bridge
  • outgoing and incoming proxies allowing to block compromised chains or contracts

image
image673×389 56.8 KB

5 Likes
14

First, thank you for taking the time to craft such a detailed and thoughtful response to our concerns.

These crucial details should have been included in the initial proposal, as they are highly relevant for contextualizing the need to deploy the Wasm integration. We would be willing to reconsider our vote if this proposition were framed within a broader reform strategy, particularly one that involves deprecating the NFT module and replacing it with the proposed permissioned Wasm implementation. Such a direction would align closely with our principles and earn our full support with a positive vote.

If our interpretation of your vision is inaccurate, please feel free to clarify or elaborate on how your proposition plans to evolve the NFT market on the Hub. As we noted in our initial feedback, “we remain open to changing our stance if evidence of tangible benefit is presented,” and your arguments suggest you may indeed possess such evidence.

To conclude, we only hope to see this broader context (deprecating the NFT module as we integrate the permissioned wasm version instead) incorporated into the final draft before it is submitted for on-chain approval.

Thank you again for your efforts.

5 Likes
15

Currently in Cosmos Hub there is still the official NFT module: gaia/go.mod at main · cosmos/gaia · GitHub

@ark_team Please note that Gaia doesn’t have the NFT module. The import in go.mod is indirect due to cosmossdk.io/simapp.

1 Like
16

We return to our original position, maintaining that further clarification from the author is needed to justify the implementation of NFT functionality on the Hub. This justification should align with the existing framework of the Hub’s core utility, namely security and governance. Without such a defense, we find it challenging to support this proposal.

2 Likes
17

Coming here to say that I strongly agree with this.

This should be really up there on the priority list of governance FIXES.

18

I hear and respect @Govmos’ argument - Hub’s core offering right now is security, and ofc this does not particularly align with that.

However, I disagree that it needs to align.

The Hub’s core product - security - is a service that has maybe just 200 customers globally - i.e., other chain founders that want to launch with a sizeable economic security on Day 1. That’s it, just 100ish people.

The problem, as I see it, is that those 200 people don’t want to consider the Hub as a security provider, because of the negative sentiment around the Hub. And so, the only ones who have been considering us as a security provider are those who see the Hub NOT just as a security provider, but rather, as the center of Cosmos ecosystem.

The chains that have thus far associated with us, in my opinion, are motivated mainly by the value add and users they can gain through their association with the Hub. (everyone else, rn, are choosing Eigen - despite it not being ready and inferior tech!)

But the Hub’s userbase is stagnating because there is nothing you can do here - other than just stake!

I am a firm believer of - more enduser apps => more buzz => more dev eyes on our core offering => more adoptors of our core offering => more enduser apps…

As such, I am firmly for Ark Protocol (and similar things) to launch here.

In particular, Ark’s NFT Launchpad - which is NOT a regular NFT marketplace - will further reinforce Cosmos Hub’s position as the center of Cosmos (or at least, Cosmos NFTs).**

It is in this same light that we at AADAO have been funding a bunch of end-user use cases for ATOM - to give the people at large things to do with ATOM…as a top-of-funnel activity that leads to more adoption of our core offering (ICS).

** Launching and being successful are 2 different things. Launching is easy. I really hope Ark can nail their GTM, and is supported by the Hub in their GTM efforts. Otherwise, this platform, as great as it could be…will never be.

6 Likes
19

First of all, thank you for your constructive feedback. The community did a research on your work and your dedication to Cosmos is amazing:

image
image746×677 85.2 KB

The narrative for just being solely for “security and governance” has shifted already:

Prop 917: Funding prize pool for public goods, new teams building on the Hub and ATOM Economic Zone

This prop is the most recent and biggest move for increasing $ATOM value and attracting users on Cosmos Hub!

Also check the discussion on the mission here: [PROPOSAL #917][VOTING][CORRECTED] DoraHacks: AEZ Quadratic Funding Program

Many comments related to this AEZ funding are in context of having these public goods deployed on the Hub via SmartContracts like:

The intention is good, but it would be nice to be able to build a stack within the hub after the smart contract proposal.

Or stated by yourself:

… Regarding the general design, wouldn’t it be easier to roll this feature with a wasm contract directly on the Hub ? Now that the proposal #895 has passed with plans to grant the hub with permission-ed smart contract capabilities in the future. …

The Hub’s mission “Security and Governance” is neither for their existance themselves nor their own justification, instead it is for greater good like public good. Fungible and Non-Fungible Tokens are public goods - no doubt about that, right?

IBC is the most secure bridge across web3 - with no exploits yet. NFTs (cw721) and its bridge (ICS721) are a public goods.

Our mission is protecting/securing the NFT fam in many ways. Let me elaborate on this:

Cosmos Hub to the Rescue! Securing your Tokens

Everybody remembers the UST depeg on May 9th 2022, right? 3 days later Ark Protocol was founded. Why? Everybody tried to protect their assets on Terra. Obviously LUNC and UST failed. But it was clear to us: NFTs are different (it’s all about intrinsic values, but this is offtopic here. So if there would have been a bridge, an Ark like ICS721,- at least these assets could have been protected! 100%! The community could move on on another chain. We know how many people suffered and did some harm to themselves.

This is Ark’s mission.

Fast-forward to now and the near future: each chain provides potentials and risks. Let’s say Cosmos Hub is the most conversative chain - hence more secure (though more defi protocols are coming to the hub - which is great!).

Ark’s goal is the Hub being the NFT hub as well. Why? From a technical perspective: NFTs are just data - though a valuable data store that needs to be secured and protected!

Example: Mad Scientists stored on Osmosis, but most value is generated on Stargaze. In the future other utilities will be provided from various projects on other chains. Finally there will be good reasoning for ICA, ICS, etc. because of these consumer needs. Examples: stake, airdrop and claim on chain XYZ, by leaving your NFT on home chain (and using DAODAO(!!), ICA, Polytone, etc).

Imho we oversee during all this discussion what the Hub’s core mission is: being the hub and center of a decentralized Cosmos ecosystem (luv this paradoxon :wink: )!

Ark will deliver an InterChain launchpad, so creators can still have their “home/community” e.g. on Neutron, Osmosis, etc. but we make sure the tokens are stored and secured on the hub.

Please also note Red Phone’s comment above regarding Inscriptions. He’s co-founder of Asteroid Protocol - and the master mind in general who conceptionalized this for Bitcoin Ordinals! Inscriptions are already on the Hub. But due to the abscence of SmartContracts parts of its key data are stored off-chain - in an indexer. We will also address and change this as well. This is too important for not having it onchain!

Last but not least and talking about Atom Economic Zone: Quadratic Funding | AEZ Grant | DoraHacks

Ark Protocol made 1st place in round 1, 4th place in round 2 and 3.
The current round 4 will be announced next week. We made 1st place.
340 contributors voted in AEZ round 4.
195 (>55%) voted for us.

2nd (La Multisig) and 3rd place (jetWallet) are also public goods for the users/consumer. All remaining 11 public goods are tech-/infra-based.

Imho this is a clear statement.

2 Likes
20

You have done a remarkable job, which I believe has already aroused the admiration of many on this forum. However, I will vote no, in a purely conservative logic regarding the hub.

In my opinion, the hub should remain as minimalist as possible, and CosmWasm should only be activated in case of extreme necessity, as a last resort. To create NFTs and access CosmWasm in a permissionless way, we already have Neutron. In other words, it is the role of consumer channels to take the risks inherent in CosmWasm.

I will also add that I see no point in competing with other chain like Stargaze, which could one day consider becoming a consumer chain. Competing with other business models, such as NFTs, also limits the scope of the product we should aim to promote, namely the PSS. Stargaze could feel threatened by the hub and could therefore be reluctant to connect to it.

In conclusion, while this idea is attractive in the short term because it meets a current market demand, it is not a viable long-term solution. It does not meet the necessity requirements for using CosmWasm (NFTs are not a priority) and does not align with the ecosystem structure, as this need is already well understood and addressed by existing Cosmos chains. The expansion of NFTs should happen naturally through the development or integration of existing solutions using PSS.

I will therefore vote against this initiative, even if I recognize the excellent work you have done on your side.

1 Like