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Exploring Cosmos and Comdex

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@belemo
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My quest for discovering opportunities and efficient tools in the crypto industry led me to Cosmos. My curiosity, coupled with multiple publications by @melbourneswest led me to Cosmos Network and then eventually, I started clicking about Comdex.

I'm still a relative noob on Cosmos network as a whole, evident in how little I knew about the platform and setting up a wallet address. Howwver, after completing the process with Keplr wallet extension, I'm pleased to say that I'm full fledged Cosmopolitan or whatever they call themselves.

Funny thing about it is that I spent about a minute looking for "COSMOS" coin on Binance, only to find out that the governance currency is actually atom. Safe to say that the embarrassment I felt was a bit bigger than an Atom.

Interestingly, the current price and market capitalisation of ATOM is as big or even bigger than the aforementioned embarrassment I felt when I figured out the connection between ATOM and COSMOS.

In fact, at the time of writing, each ATOM trades for upwards of $9 and the coin has a total market capitalisation of over $2 billion. This unit price and market cap places the cryptocurrency in the top 30, in terms of market cap.

Working Product

For me, the best part about my COSMOS experience was the realisation that there are other working products outside Hive. Without even getting to the nitty gritty of the network, I already stumbled into a project called Comdex that I intend to do further investigation.

Comdex offers certain features that generally appeal to my crypto inklings, if you may. The development of cross chain products , and synthetic assets that mirror real world assets is something that I find quite impressive.

In fact, part of the reason I spend a lot of time on Leofinance, and constantly investing to grow my portfolio is that the project is strategically positioned to be the bride that connects Hive to the rest of the world.

Just like the Leofinance project, Comdex also has a suite of investment tools that delves into Defi opportunities, a lending protocol and tokenisation of real-world assets, as I mentioned earlier.

Also quite similar to the Leofinance project, Comdex has actual discernable faces spearheading the progress of the project. While that doesn't promise anything in the general scheme of things, it shows some level of accountability and trust that anonymous and pseudonymous project managers don't give you

Kicking off in 2018, Comdex is a relatively new project with a variety of working components with potential. The project has an ambitious roadmap, a second layer token known as CMDX and a constantly growing community.

In my experience, projects that build bridges often last longer. In this crypto industry that's rife with hundreds of projects all struggling for survival, Comdex looks set to be part of the future.

In future publications, I'll be going deeper into the project, investing a couple of dollars, and discussing my thoughts about future developments in the project.

Disclaimer: This is not financial advice, always do your own research and only invest what you can afford to lose

Posted Using LeoFinance Beta