Cosmos is providing scalability and interoperability by enabling other blockchains to transfer value with each other, without taking away their sovereignty. It may also provide a solution for other blockchains with scaling issues e.g. Ethereum.

Cosmos was founded 2014 but it took until March 2019 to launch the solution. It got attention from well-known investors (Peter Thiel, Marc Cuban) and was able to gather interesting collaborations with other blockchains, e.g. Polkadot and Terra.

ATOM is used to secure the network through staking and for governance purposes, allowing token holders to delegate voting rights or vote themselves. The larger Cosmos' ecosystem gets, the greater the potential for token price performance.