Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
SunDAO x Cosmos - Investing, Building, and Winning Together
Recorded: May 30, 2025 Duration: 0:48:57Space Recording
Short Summary
In a recent discussion, leaders from Sundao highlighted their strategic partnership in the Cosmos ecosystem, emphasizing the importance of funding and community engagement to drive growth. They discussed trends in investment strategies, the need for robust applications, and the ongoing efforts to attract capital into the ecosystem.
Full Transcription
Thank you. Thank you. Hello, everyone. E aí Nico, can we pause the music?
Excellent. Hello, everybody. Nico, can we pause the music?
Excellent.
Hello, everybody.
Nice to see you here.
Just a quick intro, I'm Mag.
I'm one of the co-founders and co-CEOs of the ICL, formerly Skip.
And we have with us here today, Chris and Diana from Sundep, which is a investment vehicle in Cosmos,
Cosmos Pacific, investing in a lot of amazing, excellent projects and very excited to have
you two on. Thank you for joining us. Do you want to give quick intros on your side?
Sure. Thank you so much for having us, Meg and Nico. Very excited to be here. I'm Diana. I'm one of the Sundao co-founders. I've also worked for Interchem Foundation. Till 2023, I was the ecosystem project manager and I was leading the entire funding program.
program. And after ICF, basically myself and Chris started Sandow as an investment vehicle
for Cosmos and for Interchain.
And I'm Chris. I am the other co-founder for Sandal. Dan and I worked in ICF before.
I was the technical director for Interchain Foundation,
and I worked very closely with the core teams
and the contributors across ecosystems,
a lot on the strategy, roadmaps,
and the technical implementations.
So great to be here today.
Awesome, thank you for joining us.
So I think at a high level, right now we're in the middle,
the very early stages of a complete rebirth
of the Cosmos ecosystem,
all the way from who is building here to what
the technology can do to how we market ourselves and how we grow the ecosystem.
And in terms of just how aggressive we are in standing up for what we believe are true
values around decentralization, around sovereignty, around interoperability, and all the things that we care about.
And one of the things that is necessary to execute that rebirth is funding, right?
New liquidity into the ecosystem in the form of VC capital, fundraising, but also, you know, liquidity into the on-chain DeFi markets and, you know,
everything that goes into the user experience as well. So very excited to have you guys be a part
of that since you're directly deploying capital into things inside of Cosmos. I suppose just to
start out, yeah, do you want to give us a background on Sundao?
What is your investment thesis?
Why do you guys choose to invest in Cosmos?
And, you know, how has it been so far?
Yeah, I guess, Chris, do you want to tackle the investment thesis?
And then I can go on, like on how we are operating as well?
Yeah, yeah. I can start with a little bit of background about SandDow, right?
So SandDow, we are very much a community-powered investment DAO.
So we currently have around 60 members.
So we currently have around 60 members.
And the reason we started Sandow is really when we worked in Cosmos ecosystems, we see great founders, great architects, great engineers.
But what we found is lacking is really be able to attract external capital into the ecosystems to help our talent to grow their startups, to build their startups.
So that's where Dan and myself see the opportunity and actually see the mission for Sandow.
We are very bullish on the interoperabilities and modularity, the infrastructure play,
and modularity sort of the infrastructure play,
as well as the AppChain thesis
based on our own background in Cosmos.
So, you know, Sandow is really focused on
the very much AppChain focus interoperability
and modularity sort of thesis.
We do not actually follow particularly narratives, but we very much like a very deep founder
market feed, strong execution, as well as the long-term defensibilities.
I think those sort of things actually echoes very well within the cosmos ecosystems.
We like the founder who are not chasing hype, but actually builders, building meaningful
systems in the interoperability and modularity space.
And we have a vision of actually having this group of community expertise come from the
builders themselves, the ecosystems, the country builders and participants, as well as the smart investors coming into the communities
to basically help our early stage startup to grow
from capital deployment and hands-on support perspectives.
I guess then I give you some...
Yeah, so exactly.
So as Chris was saying, till now we have welcomed 60 members
um the majority of them are from cosmos we you probably wouldn't know them all because they are
like well very well connected or like repeatable builders from from cosmos but we also have
members from outside cosmos because we feel that it's strategically important to also bring
people from outside to get exposure to their expertise right and to understand what happens happens beyond like cosmos and anyway through like how IBC right now is growing I guess at some point
being in one ecosystem or another might not be that relevant anymore right so yeah so how we
are structured so we are an investment now all the members are contributing to sourcing the deals,
supporting the due diligence, and helping the projects or the startups that we are
investing post the investment with different levels of support. So, for example, we are looking on very early stage projects that are building in the interchain.
These projects are going through two team of Sundao. And what goes beyond that filter gets to present in front of all the DAO members.
And then everyone brings their knowledge and provide feedback around the investment, around
the startup.
And at the end, we get to choose together, to vote together if we would invest or the DAO would invest in that startup.
And as we are investing into the startup, then.
Sorry, Mark?
I was going to say it sounds very democratic.
Well, it is right.
right or it should be it's it's very fun to be honest uh because what happens is that when uh
Or it should be.
It's very fun, to be honest.
when people are because like all the builders are investing like all the DAO members that are in DAO
are investing their own money right so and it's very fun that when everyone has this skin in the
game as well uh you get to see right right, their like authentic perspectives and like the
real feedback. And it's very valuable for the DAO members itself, because everyone is learning
from each other, but also for the startups that are presenting, like they get huge or like very
valuable feedback from the DAO members that are looking at their projects
because everyone is an expert in their fields.
We have very big security auditors or validators or founders of other layer ones
or, I don't know, like CTOs, people from core teams and so on.
So, yeah, we get to have 360 degrees due diligence.
Sounds pretty good. That's awesome. Yeah. So I guess, you know, I mean, I appreciate that you
guys are so excited about Cosmos and that you found a good group of folks to invest. I guess
from what you've seen so far, what are the big things that Cosmos protocols are missing?
Right?
So a lot of people, you know, get excited about the different Cosmos protocols.
Some people have a lot of suggestions, I would say, in terms of, you know, what people can do differently.
And I think, you know, there's been some stories around, you know, we don't have enough marketing or it's too fragmented or too hard to build an L1.
We've seen a couple of things like that.
What do you guys see as the biggest barriers to creating breakout applications inside of Cosmos?
I can tackle this.
And I'm so curious about Chris perspective. But from what I'm seeing in other ecosystem ecosystems, there are a lot of other investment vehicles, right, that are supporting or like propelling the startups.
the startups. Like in Cosmos, from my point of view, we have some amazing builders. They are
very creative. They are very hardworking. But many times it helps, right, to have like a very strong
VC or very strong fund behind you when you are like very early stage. that opens a huge amount of doors. This is also what we are doing in Cosmos.
And what I think is particularly relevant for having an investment DAO is that you kind of, I don't know,
like you almost try to jump having the VC power, right you you get in inside the DAO we don't give like
very big ticket sizes like we didn't focus on like getting them as I don't know a huge amount
of money but actually what SunDAO brings is that it's bringing the entire community the like maybe
the most valuable builders from the ecosystem being motivated to help that other project or this new kid, the new project succeeding.
So we have, for example, some of the biggest validators in the ecosystem that are in the DAO and then they will be the validator, the new protocol from day one. So that's huge, right, for someone that's new.
Or security editors that can help them making sure that, like,
the entire repo, it's, like, it's strong and, yeah,
there aren't issues with the security and, I don't know,
partnerships and so on and so forth.
Yeah.
Yeah.
Makes sense. I can also add onto this point
just from a technology perspective,
I think you are not just building a smart contract
on a layer one, right?
You are launching a sovereign systems,
app chain yourself in Cosmos.
So that means more power, more control,
but it's also needed more consideration.
We've seen very successful later ones launched in Cosmos.
We see Babylon.
We see the injectives.
We see Celestia seems all super successful.
But I think when you actually start the project,
you need to make it successful. But I think when you actually start the project, you need to make it successful.
You need to think about the validator sets,
bridging crosschains, economic security,
and governance from day one.
So I think the project needs to be able to nail the coordination across info, incentives,
liquidity, communities.
I think that is where we see
compared to Amitris building a DAB on a layer one.
You know, there are definitely more considerations.
So, but I think the upside is also huge
if we look at, you know,
why the DYDX moved from Ethereum systems
to Cosmos' app chain.
So I think that's where also the strong community will be able to come in
and be able to support those startups and funders.
This is essentially a very crucial to building up its own communities
and supporters and ecosystems to make this app champ actually be successful.
Yeah, those all sound really tough.
I guess just to ask the question again a little bit more of a direct way,
what is the one thing that you think most Cosmos builders are missing
that would help them be 10x more successful?
In my view, it's going to be community building,
whether they can be able to build
very active communities with robust governance.
If I look at Baruchan,
I think they did a very good job
in building up the communities as well as Celestia's.
So I think this is gonna be you
know the the make or break sort of element because in this ecosystem it's not about the winner takes
all i think how we judge uh layer one is going to be good or not is how much value it can whether
it's a good neighbor or not how much value it can provide in the bigger blockchain ecosystems.
Am I a good citizen?
Then am I a good neighbor for other blockchains or ecosystems around me?
I think those later ones will stand out
and be able to see more value accrued in those sort of things
instead of just relying on the technical excellency.
Yeah, I like that community building.
Diana, would you have a similar answer?
Yeah, I was actually thinking about that because my, so I'm co-founder of Sundao,
but in the same time, I'm leading one of the biggest blockchain builders community in Eastern Europe.
We have almost 1000 builders in it. And I was actually, as you were asking, I was actually thinking, yeah,
around building the communities.
And what we, or like what I'm seeing as well, and from my experience,
many times, and maybe that's especially relevant in Cosmos because we have
like a huge amount of layer ones. Many times the layer ones are launching without having a unique selling proposition.
And then, yeah, you just get another ecosystem, another platform where you can build, but why you should go there, right?
you can build, but why you should go there, right?
So, yeah, having a unique selling proposition as, I don't know,
as Helestia figured it out or as Injective, as Neutron,
as Babylon or as Berachain or as, I don't know,
it's hugely helpful in attracting builders. And builders, you attract liquidity and right, you create the ecosystem flywheel.
Yeah, it's tough in Cosmos because you have, I think you really have two kinds of things that get launched.
You have applications or app chains, and then you have like generalized infrastructure
plays, right? So for example, Celestia is not really an app chain, I would argue. I'd
argue it's more of a infrastructure to enable an ecosystem. Whereas like DYDX or Osmosis,
you know, is more of a, like an application in itself. And it's, it's, it definitely makes
things challenging because a lot of these chains are actually trying to build their own communities
for their own applications, whereas some are just an application that want to build
their own communities for that application. Right. And that's always been tricky for me to think through.
And one thing I've seen happen recently is, you know, there seems to be a movement more towards
successful applications than launching ecosystems around their success versus the other way around.
So like Hyperliquid is a great example of this, right? They had a great decentralized trading protocol, a great purpose protocol that went really
well.
And then they expanded it to the Hyper EVM.
Or, you know, DYDX is doing this now with adding, you know, some kind of smart contract
support or Osmosis did this when they added, you know, CosmWasm and they got more people
on their platform.
I'm curious, like, if you guys think about, you know, especially in Cosmos, where you can be an
app chain or you can be a generalized L1, what is the right go-to-market or what go-to-markets
have you seen be really effective? Yeah, that's a good question. And actually,
from my point of view, and exactly to your point, Meg,
from my point of view, it really helps even if you are like a layer one
or you are an app chain or like a general purpose layer one,
it helps having a flagship product that attracts liquidity in from at the beginning so that the next
the next builders or like the next wave of builders are attracted to your to your chain
for the action itself like the osmosis of the world, yeah, maybe the flagship product was enough for a couple of years.
But for the general purpose layer ones, it's critical to have a way to attract liquidity.
So, yeah, like usually they do flagship products and or, yeah, that's one of the go-to-market and other go-to markets are around
uh giving grants but we saw right through the history that uh it's very hard to quantify the
added value of the the grants yeah it's it's far beyond the golden age of grant giving it seems
i remember during tara days they would would just, oh my God,
they would give out hundreds of thousands of dollars from no questions asked.
Yeah, so, I mean, back to one of your previous points about, you know,
community building as one of the primary things that could benefit Cosmos applications.
One of the things that I've been thinking a lot about recently
is this concept of distribution, right?
And distribution to me basically means
if you build something,
how many people can you get to look at it, right?
Initially, just look.
Maybe in the future, hopefully use.
And it's a very interesting concept in crypto
because you can think about it from so many
different angles. One way of distribution is if you have a wallet integrated, right? Inherently,
then you might be distributed to all of the users of those wallets. So for example, Kepler is
2 million downloads. Maybe you'll get some percentage of those users to look at it.
you know, some percentage of those users to look at it.
But then distribution also seems to be
like discoverability.
So, you know, are you on app stores, right?
Are you on Twitter?
Are you paying for advertisements?
And I think one thing that it seems like Solana has done uniquely well
is provide distribution to their applications to a large amount of captive users that are on Phantom and, you know, in the ecosystem.
I'm curious, like from your guys' perspective, do you see distribution as a big pain point right now for some of these new applications building?
for some of these new applications building
and how can they expand their distribution to more users
and potentially even users outside of Cosmos?
Okay, I think that's a great observation, Meg.
And I agree, I think distribution is critical,
especially coming to the go-to-market strategies.
And I agree with you, but that's why we're Solana and Ethereum has been doing really well on the distribution side of things.
hopeful to see the new IBC v2, which is Eureka, that launched and basically the plan to actually
integrate with Solana and Ethereum layer two nest. And hopefully we'll see a growing list of
major chains, which is like Polygon, Avalanche, avalanche, and to join IPC network.
I think that will be basically greatly expand the cosmos interoperability footprint and
to be able to drive the distribution through a really IPC aligned communities.
I think this is a very exciting thing for us.
And I think that's where we put in quite a lot of emphasis on the cross-chain sort of interoperability sort of thesis within our investment thesis.
I think in general observations for Cosmos, AppChance, and layer ones, general layer ones,
they pretty much focus on a circle, which is within the Cosmos ecosystem circles.
within the
cosmos ecosystem circles.
We want
to see more of
the collaboration with
other ecosystems
which is outside the cosmos.
I think the IBCU
is a perfect example.
You're starting to link in Ethereum,
which is probably one of the
most valuable blockchains,
and be able to bring the communities,
bring the liquidities into the ecosystem,
same as the play of how Babylon plays,
and be able to bring that Bitcoin sort of liquidity
into the Cosmos ecosystems.
So I think those sort of things are really positive and exciting
for Cosmos that is coming.
Yeah, I know it's, it's this feeling that like, you know, and, and I think it's quite real, which is, it's so easy to get locked into your circle.
And you don't, it's one of the things that, you know, sometimes it, you know, we talk about the problems that we know, and the problems that we
don't know, right, or the unknown unknowns. And I think it's definitely for a lot of teams,
especially in Cosmos, one of the problems that they don't know, which is, you know, they can
have a lot of positive traction or a lot of positive sentiment, but the reach of their
message and the reach of their application might be quite low
oh yeah and so yeah maybe on this uh mag and also to your your previous observation around
distribution what i think both ethereum and solana does very well. It's the distribution on the ground level,
meaning they have local events or recurring events or teams,
like community teams that are helping adopting their stacks on the ground.
So for example, Solana has super teams, right?
Every month, these super teams are organizing
inside their communities, like events, gatherings,
demos, I don't know, hackathons, and so on and so forth.
Ethereum has the ETH events, right?
So in almost every major city on the planet,
now these Ethereum events are happening
where the builders are coming,
they can present their projects,
they can meet with fellow other builders
and getting to know their applications.
What I see, and that's also from my experience in growing builders' communities
on, like, different geographies, is that it helps a lot having a local presence
and be able to have like human or like,
yeah,
the human touch.
So besides,
yeah,
putting there like the documentation that might be perfect,
it helps a lot,
right?
Meeting face to face with the builders.
And I feel that like with the Cosmoverse and with the other like Interop
conferences,
we do like an amazing,
an amazing work, right work right and like i appreciate a lot how crypto sito like always choose new places to run the conference and like
help the like help with the adopting the the stack yeah a little bit of alpha there, I guess, is we are currently in the process of designing and planning a new conference circuit for Cosmos, which we're going to be talking about pretty soon once plans are more underway alongside Cosmoverse. So it's going to be a different conference, but it's going to be the
sort of official one tied to the ICF and ICL. And yeah, I mean, I totally agree. The more in-person
activations we can have, I think just makes it more real for people, right? It becomes less
of something they read about and more of something they can, you know, see, right, and talk to people
in it and understand what it's like to build and understand that there's a community. So I totally
agree with you that there. Amazing. Yeah. And actually, speaking on that, we also have an alpha
to be honest, because Sandow, it's also starting its own community events. We will have the first one during the ECC in Cannes.
So we will get the chance to meet as well as the Interchain Investors community.
We will get the chance to meet in person.
So I feel we have already, so we put the event up this week,
and we already have like almost 100 people registered.
So yeah, the response was fantastic so yeah happy that there would be also beside like everything that's happening also an
icf-icl series of events that's amazing yeah no i think it's i think it's important to just
spread more awareness right i think it's it know, part of what I think happened in crypto
over the past three to four years, or sorry, let's say over the past one to two years,
is Solana really just stepped up the game in a way that I think nobody else was prepared for.
And I mean, we weren't at the ICF at the time. And so, you know, we didn't do much about it.
But I think Solana took bets on things
that no one else was really betting on. They took bets on, as you said, like a super team structure
where they did a bunch of in-person, you know, the nice word would be marketing, but the, you know,
proper word probably would be shilling. And then also, you know, ran this extensive hackathon program and just became very commercial.
And they optimized for more experiments, more apps building, and more failures, of course.
But then the things that succeeded were just amazing.
And I think the rest of crypto, Cosmos included, needs to be really careful about how to respond to that and create its own distribution pipeline, right?
So I think Ethereum, for example, has been very slow to respond and kind of too large and clunky to even do anything about it.
Cosmos, I think, would have done the same, except luckily, you know, now we have a much more structured and, you know, fast moving leadership and foundation that can sort of respond to this quickly.
But I do think that's been a big change in sort of what I've seen in crypto over the past couple of months.
So yeah, I agree with all the stuff that you guys said.
So, yeah, I agree with all the stuff that you guys said.
Yeah, just on top of that, I want to add in the distribution.
There's also, we see the challenge of, from the outside,
because we're dealing quite a lot with outside VCs.
So for those who are interested in Cosmos theses and the Cosmos ecosystems, I think they are finding a hard time to navigate.
I think this is uniquely for cosmos as well, because we are very known for our decentralization.
And that's also one of our strengths. So I think, you know, be able to
make this navigation sort of discovery journey easier,
not just for the users, but also for the outside investors
is crucial for actually bringing more capitals
into the cosmos, you know, ecosystems as a whole.
We speak with, there are other foundations outside
and doing something like we collaborate with.
So sometimes we are on their alpha list.
They sharing some of their potential good project
with us.
And I'm sure they also do it with other fund, et cetera. So I think anything we could do to help to external capitals
to navigate the ecosystem easier,
I think will be very helpful for our startups as well.
Yeah, absolutely.
So I guess just on that point, obviously Sundau is doing God's work in funding a bunch of these newer Cosmos projects.
But how do we attract, what do you think is the most effective way starting now, essentially, to begin to attract more capital allocators into Cosmos. I know right
now it's a very tough time for VC, and this is not just in Cosmos. VCs are getting compressed.
There's a big anti-VC narrative spun up by Hyperliquid and a couple other folks. Echo,
for example, which is a big community focused raising platform is gaining
a lot of traction but how do we get capital flowing into the different projects in the
cosmos ecosystem yeah i can start and maybe then you can also chip in on this so in send out our
philosophy is more of the you know grassroot bottom. So the way we do it is we generally work with individuals.
So, for example, we work individuals in certain other foundations.
We work with individuals.
We have members from other VC fund as individuals
who take a personal interest, you know,
in looking at what we have been doing and the project.
And then they joined SendDAO.
And then as they get to see more projects we bring into the DAO
and they get to know the quality of the founders we have
and the community we have, I think they're starting to be able
to spread the word across and be able to bring the institutions into the community.
And, you know, we have done this, you know, already, you know, with institutions, you know, we just onboard, you know, them onto the Sandal and we see actually more interest to the, you know, coming. So, you know, really our approach is, you know, we start a subject matter expert with the expert
communities, you know, first and then be able to actually spread out. So it's more of the bottom
up approach, you know, at the moment. Dan, you want to ask something? Yeah. And I think it totally makes sense regarding VCs getting compressed.
Because honestly, I feel that many of the VCs were just betting around, right?
Like giving tickets to a lot of projects without much due diligence.
A lot of projects without much due diligence.
My thinking is that there isn't necessarily an issue with the capital.
There might be an issue with the deal flow.
Because what we see is that high quality deal flow attracts the funding.
attracts the funding.
For example, and yeah, to Chris's point,
so for example, just in the past one month,
we onboarded in the Sundao two VCs, right?
So not just like individuals are joining Sundao,
but we also have actually VCs
and that were never invested. So those VCs are
like some investment vehicle that have never invested in Cosmos. But because now there is
Sundao and they saw the quality of the startups that we are bringing forward,
they wanted to join Sundao and they actually doubled down on the funding that we are providing to the startups.
So that's pretty cool, I guess.
So, yeah, to your point, Meg, I don't know if I'm right or wrong, but my feeling is that maybe there is, yeah, we should just, as long as the projects are very good, and we have a couple of them in Cosmos as well that right now are raising, the VC money will come as well. Yes. And also, I think the underground in-person sort of touch,
I think it's really beneficial.
I think, again, touch on to our event in Cairns in July.
And this is actually, you know,
we are doing this with the investor and builders mixer thing.
So we're going to touch,
reach out to our external
capital fund,
foundations and sort of relationships,
invite them to in and
focus on bringing the cosmos
builders come to the event and do
this, let them get to know
each other and building relationships.
I think all those things are super
important to get exposure to the external
capitals.
Yeah, yeah, absolutely.
One question I had for you, and then we should probably start wrapping up.
So one thing that I really do like the idea of is especially for vetted investments that are very early stage
um i think it can be really nice in some cases to open the opportunity to the retail audience
to invest even at if it's just in equity and not in tokens um because you know i I think in Cosmos, there's been a pretty anti-VC perception for a while.
And I think a lot of builders and a lot of users here are very smart and can understand and get
really excited about specific projects, even if they are very technical. Is this something that you guys have considered?
Something like a Cosmos-based Echo, where
different holders of tokens can choose
to invest some smaller amount into some of these projects?
Yeah.
So for example, inside Sundao, the minimum ticket size that a member can have, like if he to be able to invest and write the funding not to be a barrier necessarily.
Because we knew that actually very early stage, you need more than capital.
You also need like skills or know-how and like partnerships and so on and so forth.
So at this moment, we are accepting applications.
So everyone can actually apply to join the DAO.
And we will welcome them as long as, of course, as it's an investment DAO,
everyone that's coming should have an appetite to invest.
What we also look as well is the ability of the members to also, I don't know, help with deal flow inside the DAO, maybe due diligence or maybe in the post-investment support, like have a positive way to support the project.
And I'm sure everyone can contribute positively to the project.
So, yeah, happy to see or like meet or talk with everyone that wants to invest and be
part of the DAO.
That's awesome.
Cool.
Well, I know we're coming up on time.
I just want to say I'm super excited about you guys.
We need more folks like you willing to dig in
and figure out the thesis and work with these teams
to create better outcomes and ultimately
better businesses. But I'd love for you guys to share with the community and for the folks who
watch the reporting, how do they get in contact? If somebody wants to build something, how do they
get in contact with you? And if somebody wants to become a member and, you know, even if they're not, you know, a big shot angel investor, how do they apply for that or what's the process?
Maggie, it's very simple. We have the website, Sandow.ventures, and there is an application form in there and everyone can send over their application or the message to us.
can send over their application or the message to us.
As well, I'm having the DM open on Twitter.
Anyone can write to myself or Chris.
As well, on Telegram, we are present across the platform.
So, yeah, reach out to any platform that you are active and we will respond. And
like I said, we will be as well in CANS, in person, if anyone wants to meet us as well
there. That's awesome. Awesome. Cool. Any closing words for the cosmonauts on this space?
From my point of view, I think I'm super, super positive about how Cosmos goes.
I'm very excited about you guys joining ICF and ICL and now taking the lead. I'm always looking for your tweets on the Twitter and see, like, yeah, what's happening.
So, yeah, I'm very positive. I think we are in a good place. We have learned a lot through the years.
Also, the space is maturing. And, yeah, I feel now that we also have the right team to get to the next level.
team to get to the next level.
I agree with Dana.
I think, Meg, I think the new ICL leadership has actually been really positive when we're
hearing the feedbacks from both the communities, as well as people from outside the cosmos
ecosystems.
So we are very excited on what is coming, I think, both from the technological innovation
perspective, as well as the strategic and leadership perspectives.
So I just, you know, excited for you guys and for the cosmonauts on the call.
And, you know, I look forward to be able to deploy more capitals this year, you know,
to the ecosystems.
Exciting, exciting.
I mean, I appreciate the votes of confidence.
Sometimes I think I'm helping and sometimes I'm not, I don't know, I feel more insecure about it.
But I think my feeling, and this is how I feel about everything in everything in Cosmos is, you know, we really have
a shot. And I mean that very sincerely, you know, we have the capital, we have the builders,
we have the mindshare, we have the narrative, we have the technology, we have everything,
everything, right? Everything that everyone else spends hundreds of millions of dollars on,
right? Everything that everyone else spends hundreds of millions of dollars on,
we already have. And it's just like pieces on a chessboard, right? And I think we honestly have
one very good shot to turn everything around and create essentially, you know, utopia out of the
cosmos ecosystem. But it needs to be executed very well. and it needs to have everyone's buy-in
or as many people as possible pulling in the same direction.
And that's why when I see, you know, any kind of drama or any kind of infighting, I'm just
like, guys, we have one shot, you know, let it go, whatever it is, pull together, use
whatever resources you have, you know, and, and let's all make a big push, right?
Because I really think Cosmos is right on the cusp of starting that upwards momentum that can
break out. And I think it's just a couple pieces you guys included with Sundow and investing in
the right projects and giving the capital to fund some of that growth,
we're right around the corner from essentially breaking out of whatever Cosmos has gone through over the past two years.
And so I'm convinced it's going to happen.
I think it's a question of when, not if at this point.
And yeah, I'm excited that you guys are along for that journey too.
So thank you.
Same. Thank you so much. And yeah, I'm excited that you guys are along for that journey too. So thank you. The same.
Thank you so much.
And thank you for all the work that you're doing.
Of course.
Well, thank you folks for joining us.
Guys, go check out Sundao if you haven't already.
We're working with them.
I think we're going to meet up in Cannes and potentially do some stuff together.
If you know anyone looking for funding reach out if you're looking to be an angel investor in high quality
deal flow also reach out but otherwise thank you guys so much for joining us thank you thank you Thank you.
