What Is the Cosmos Proposal 94?

What Is the Cosmos Proposal 94?
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It is interesting to note that NFT is quickly becoming a key part of the cosmos. There is no doubt that this proposal will have an impact on the nft cosmos community.

What's the matter with the proposal?

The Game of NFTs is an event proposed as a joint effort by multiple Cosmos teams. Its purpose is to test and build applications for cross-border functionality. The Game of NFTs will have two phases:

a) Public incentivized testnets.

b) A hackathon. The event will be held in the first quarter of 2023.

It is a request for community funding to fund 20,000 atoms of incentives. This incentive will be used as a reward to participants in the TNT Phase 1 game – incentive partnerships between partners.

Interconnection technology has the potential to facilitate interoperability. It can also extend the characteristics and capacities of ibc. This is done by enabling interoperability among IBC-compatible channels.

In addition, allowing trade will allow for more transactions. That's because the nft is not limited to one channel. Instead, it is transferable to more than one ibc-enabled channel.

The first ibc nft transfer between two test strings using different ics721 implementations was successfully performed on testnets in November 2022. This was an enormous step forward for the World Bank ecosystem. It has demonstrated nft compatibility between cosmos sdk (go) and cosmwasm (rust) strings.

The nfts game is an inter-hain ecosystem collaborative project. Therefore, there is certainly going to be support from the cosmos community. Additionally, projects on irisnet, stargaze, juno, and other cosmos initiatives, as well as organisations such as idg capital and hashkey capital, will provide support.

Details regarding the vote.

Community members voting YES to this proposal indicated that they support the funding of incentives related to public trials as part of the EMB that will be administered by a multi-sector committee. Those who vote against the motion do not support it as it stands. However, they must explain why they are not supported.

Members may also formally refuse to vote for or against the proposal by voting by abstention. Finally, those who vote NOWITHVETO indicate that they consider the proposal malicious and would like to see depositors.