Archway is a layer-1 blockchain built on the Cosmos ecosystem, utilizing Cosmos SDK, Tendermint, IBC, and CosmWasm with a PoS consensus mechanism. The project recently conducted an ICO on Coinlist in June after announcing successful fundraising of $21 million from CoinFund, Hashed Fund, Blockchain Capital, Wintermute,... Archway's mission is to support the expansion of the Cosmos ecosystem and create a blockchain geared towards developers, a crucial piece in the development of a blockchain network. Receiving direct support from the development teams of Tendermint and Cosmos, Archway inherits all resources and support from Cosmos, including technical expertise, funding, network connections, partnerships, and even marketing. This, to some extent, underscores Archway's high regard and its significant role in expanding the Cosmos network in the future. Not to mention, Cosmos is a critical component in connecting various blockchains in the future through the IBC bridge, serving as an infrastructure that simplifies exchanges and interactions between different Layer-1 blockchains. However, the project also comes with the risks associated with the development of new technology. Show Less
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