Wushuang learned that Anoma co-founder Christopher Goes (cwgoes) stated that the Cosmos ecosystem has nearly "died": multiple projects have shut down or entered maintenance mode (such as Penumbra and Osmosis), and some projects are leaving Cosmos (such as Noble); the Interchain Foundation's funding focus has shifted toward ATOM's own value capture, with user and market interest at historic lows. He noted that this environment creates greater pressure on projects like Namada in areas including high-cost proprietary technology stack development, validator sustainability, and insufficient user demand. To serve privacy for Ethereum or Solana assets, the existing Cosmos technical roadmap is no longer optimal.