- The Cosmos blockchain is rebranding to Ignite.
- This is a move for the brand to position itself as a leader amid the growth of Web3.
- Ignite has many new announcements to make this year and is excited to do so in time.
The popular blockchain network Cormos, created by Tendermint, is rebranding itself. Henceforth, it will go by its new name — Ignite. Specifically, the brand aims to set itself in a position to be one of the first to enter Web3 during its mass adoption.
Besides the incredible advancements coming within decentralized services for Web3, the presence of the Metaverse is making Web3 all the more enticing. Thus, along with its rebranding announcement, Ignite has much more exciting news to share.
According to Peng Zhong, the CEO of Tendermint, there are plenty of new features that will entice Ignite to its users and the blockchain realm as a whole. As seen from the tweet above, Ignite has already got an exciting list of targets to meet.
In detail, Ignite’s greatest goal is to bring the next 10 million users onto the platform. To do so, Ignite has four milestones to hit. Firstly, Emeris’ public launch will supposedly take place in Q2 of 2022.
Next, Zhong hints at big plans for Starport developers. After which, he states that a huge Gravity DEX announcement will come. Lastly, Ignite is planning to hire plenty more employees to further expand its team.
The world is at an inflection point where accelerated growth in the Web 3 space will eventually see mass adoption of decentralized services in our everyday lives. We believe it is time to expand our focus to bring more people and organizations into this world.
Indeed, it seems Ignite is gearing up to be a leader in the industry. More so, they are set to drive the world’s steady transition to a much more decentralized future. No doubt, this is all thanks to the rapid growth of Web3.
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