Anoma Co-Founder Declares Cosmos Ecosystem Nearing Collapse Amid Project Shutdowns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Ecosystem Decline: Christopher Goes, co-founder of Anoma, highlights that the Cosmos ecosystem is in serious decline, with many projects either ceasing operations entirely or significantly downsizing, indicating major sustainability challenges for the ecosystem.
- Project Shutdown Examples: For instance, Penumbra has ceased operations, Osmosis has entered maintenance mode and redirected resources elsewhere, while Noble is in the process of withdrawing from Cosmos, reflecting a lack of investor confidence in the ecosystem.
- User Interest Dwindling: Goes notes that user and market interest in Cosmos is at historically low levels, making it difficult for high-cost projects with specialized technology infrastructures to sustain operations, further exacerbating the ecosystem's fragility.
- Capital Flow Shift: With a significant portion of capital focused on specific assets, the Cosmos ecosystem has been deprioritized, leading to increased uncertainty about future sustainability and the potential for more projects to exit the market.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








