We had some huge announcements on our partner call yesterday! In the past year,
Commonwealth has seen 2300% growth in its engagement: monthly active users have
gone from 3,466 to 83,263 between June 2021 and June 2022. We’re most in debt,
as always, to dYdX, Axie, Element Finance, Stargate, Osmosis, Juno, and Evmos,
whose communities have done the most to drive up this engagement and find ways
to use our platform effectively in order to develop their projects.
Not only have our MAUs gone up, buWe are excited to announce our $20M Series A fundraising! This round is led by
Spark Capital and we will be adding Nabeel Hyatt from Spark to our Board of
Directors. Additional investors in the round include Polychain Capital,
Wintermute, A&T Capital, Jump, Global Coin Research, Fire Eyes, Figment, Vessel,
Sarah Meyohas, Reverie, Charles St. Louis, Will Villanueva, amongst others.
This adds to our current list of investors.
> We're excited to announce our latest round of funding for Cow Moon, Introduction
Crypto protocols are default-open. This means that important strategic decisions
are discussed, funded, and ratified in public.
Common is default-open: transparent threaded discussions, not anonymous
Discourse forums, full-spectrum voting not backroom deals, and user-controlled
capital to help create and grow any project or interest. Common uses an on-chain
social graph to provide an intuitive interface for any tokenized
community--Layer 1, DeFi protocol, NFT holders, or investmentChihuahua, a meme coin and community-driven project, is now on Commonwealth.
We’re looking forward to seeing how they use our all-in-one governance platform
to grow their project.
Chihuahua: The Cosmos Meme Coin
Chihuahua is an eco-friendly Proof-of-Stake blockchain built using the Cosmos
SDK and Tendermint consensus: the estimated yearly consumption of the Chihuahua
blockchain is less than the daily energy consumed by Dogecoin or Ethereum.
Chihuahua communicates with over 30 Cosmos chains via Commonwealth is excited to spotlight another one of our top communities:
Injective. As protocol built for the next generation of decentralized
derivatives exchange, we’ve been excited to see their project grow on our
Injective: Build Powerful Interchain DeFi Apps
Injective was started with the goal to create a more inclusive and free
financial system through decentralization. The Injective Chain is the first
layer-1 fully decentralized exchange protocol for perpetual swaps, futures, aCommonwealth is excited to spotlight one of our top communities: Osmosis.
Osmosis allows market participants to customize swap fees, multi-token liquidity
pools, and more, offering a decentralized options market for the Cosmos
ecosystem, and we’re excited to see Osmosis continue to use our platform as they
Osmosis: The Interchain AMM
Osmosis is an automated market maker (AMM) for interchain assets that allows for
the creation and management of a non-custodial, self-balancing, interchain tCommonwealth is excited to spotlight dYdX, one of our top communities. As a
platform that has grown to over a billion dollars a day in trading volume, we’re
excited to see dYdX continue to use our platform as they work towards becoming
dYdX: An Open Protocol for Decentralized Derivatives Built on the Ethereum
dYdX set out with the mission to build the world’s leading crypto trading
platform. They’ve grown to become the largest decentralized exchange by trading
voWe’re excited to spotlight one of our top completely self-served communities:
Mate. As a non-custodial and secure DEX that allows users to place limit orders
on any Binance Smart Chain (BSC) tokens, we’re excited that they have launched
their own platform on Commonwealth and can’t wait to see where they take their
project with our all-in-one governance platform.
Mate’s governance platform was completely created by their community and has
quickly become an active and healthy community supported Commonwealth is excited to announce that Sifchain is joining our platform. The
Sifchain team is collaborating with some of the most adept market makers,
traders, and complexity theorists in cryptocurrency, and we’re excited to see
their project grow on our all-in-one governance platform.
Sifchain: Omnichain DEX
Sifchain was built with the Cosmos SDK, allowing it to process more transactions
per second than Ethereum. With its faster trades and lower fees, Sifchain is
100x more efficient than theCommonwealth is excited to announce a new partnership with the team at Agoric.
As a public blockchain benefiting from over 30 years of experience in building
distributed electronic markets and providing smart contract risk management,
we’re excited to see where they take their project with our all-in-one
Agoric: Rapidly Build and Deploy Secure DeFi On-Chain
Agoric is a proof-of-stake chain built on the Cosmos ecosystem. By using
to use our all-in-one governance platform. As a sovereign public blockchain in
the Cosmos ecosystem, Junø aims to provide a sandbox environment for the
deployment of their interoperable smart contracts. We’re excited to see their
project grow on our platform.
Junø: Smart Contracts Evolved
Junø is a decentralized, public, permission-less network for cross-chain smart
contracts. It is an avenue for developers to securThe Commonwealth team is excited to announce a new partnership with Umee. Their
community will use Commonwealth’s all-in-one governance platform to discuss,
vote on, and fund their initiatives. We’re excited to see their project grow on
our platform in the coming months.
Umee: Cross-Chain DeFi Hub for Rates, Staking, and Interoperability.
As a base layer blockchain, Umee plans to break silos between blockchains and
encourage better capital efficiency, ultimately allowing for interchain lending