{"id":81149,"date":"2023-07-03T18:08:28","date_gmt":"2023-07-03T15:08:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81149"},"modified":"2025-09-11T21:12:36","modified_gmt":"2025-09-11T18:12:36","slug":"archway-blockchain-developers-launch-mainnet-on-cosmos-platform","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/archway-blockchain-developers-launch-mainnet-on-cosmos-platform\/","title":{"rendered":"Archway blockchain developers launch mainnet on Cosmos platform"},"content":{"rendered":"<p>Phi Labs has launched Archway&#8217;s mainnet within the interoperable Cosmos ecosystem.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh6.googleusercontent.com\/kk_0v-iZLC1jx2RrLJQ_BSfM8eMyv5DccP7aIqwU7l5HlsbufLEKVTNTYGpu9_9TsVJPsWf9KO5aGv0ERcXw0vBZJMyFow9WsYMptU2vzEICtM7PSmbdFvX98NWJ4cdQdQdYfQG2hYElEKeJ02HZh9Y\" alt=\\\"Archway blockchain developers launch mainnet on Cosmos platform\\\"\/><figcaption class=\\\"wp-element-caption\\\">Data: <a href=\\\"https:\/\/twitter.com\/cosmos\/status\/1675840219906547712\\\">Twitter<\/a>.<\/figcaption><\/figure>\n<p>The project offers a developer-oriented tokenomics model. The Value Capture Engine automatically allocates 25% of asset issuance to developers, with validators receiving 75%.<\/p>\n<p>Griffin Anderson, Phi Labs&#8217; CEO, said that the network is aimed at supporting a broad spectrum of <span data-descr=\\\"smart contracts that accept and execute arbitrary workloads\\\" class=\\\"old_tooltip\\\">general-purpose smart contracts<\/span>, including DeFi solutions, NFT marketplaces or crypto exchanges.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\"><p>\\n<\/p>\n<p>\u201cCreators building on top of the blockchain will have a larger share in the base protocol, in the same way validators and miners receive rewards for validating the network,\u201d Anderson told <a href=\\\"https:\/\/www.theblock.co\/post\/237503\/phi-labs-archway-goes-live-on-mainnet-in-cosmos-ecosystem\\\">The Block<\/a>.<\/p>\n<p>\\n<\/p><\/blockquote>\n<p>The mainnet launch was carried out with the support of several teams, including Archgregator, Pipapo, BonusBlock, Vectis and Astroault.<\/p>\n<p>Anderson noted that Archway will fill a niche in the ecosystem for a blockchain layer that can initially support general-purpose smart contracts.<\/p>\n<p>The project was previously backed by venture firms CoinFund and Hashed. Phi Labs&#8217; total funding amounted to $31 million.<\/p>\n<p>Earlier in March, the Injective team launched <a href=\"https:\/\/forklog.com\/en\/news\/injective-to-deploy-solana-apps-in-the-cosmos-ecosystem\">deployment solution<\/a> for developers on <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a> to deploy their applications in the Cosmos environment.<\/p>\n<p>In June, via the Inter-Blockchain Communication protocol, the ecosystem <a href=\"https:\/\/forklog.com\/en\/news\/polkadot-joins-cosmos-multi-chain-ecosystem\">integrated<\/a> with the Polkadot platform <a href=\"https:\/\/forklog.com\/en\/news\/what-is-polkadot-dot\">Polkadot<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phi Labs has launched Archway&#8217;s mainnet within the interoperable Cosmos ecosystem.<\/p>\n","protected":false},"author":1,"featured_media":81150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1226,1173],"class_list":["post-81149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-projects","tag-cosmos-atom"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81149"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81149\/revisions"}],"predecessor-version":[{"id":81151,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81149\/revisions\/81151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81150"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}