Bidcast - Episode 1 - April 10th - $ Atom with Maghnus Mareneck (Co -fEo of Interchain Labs)

In this episode, Maghnus talked about the major restructuring of the Interchain Foundation and its shift from a $40M+ burn to a lean $10M operation. The team now focuses entirely on boosting $ATOM’s value through real utility and strategic product development. They dive into Eureka, a new IBC design that helps connect Cosmos Hub to any chain at 100x cheaper and 60x faster than existing solutions – with the hopes to accrue more than 200 mm USD of value to $ATOM itself per annum. More topics discussed include Cosmos Hub’s transformation into a multi-chain marketplace, the upcoming launch of a permissionless VM, and how new chains are being encouraged to buy and burn ATOM as part of alignment. The episode also touches on RWA chains, the acquisition of EVM OS, IBC’s dominance, and how Cosmos aims to become the go-to stack for serious world-building L1s. Chapters: 00:00 Introduction to BidCast and Interchain Labs 01:04 The Relationship Between Interchain Foundation and Interchain Labs 03:13 Corporate Restructuring and Leadership Changes 06:04 Transition of ICF Team and Budget Cuts 07:43 ICL's Purpose and Financial Sustainability 09:53 Revenue Generation and Atom Token Strategy 13:00 Interoperability Protocol: IBC and Its Impact 17:49 Eureka: Bridging Cosmos and Ethereum 20:48 Future Integrations and Market Strategy 25:13 Revenue Projections and Atom Deflation Strategy 32:51 Eureka's Financial Impact on Adam 34:41 Transforming the Cosmos Hub into a Marketplace 36:50 Competitive Advantages of Eureka 37:59 Projected Cross-Chain Volume and Revenue 43:06 Aligning New Chains with Atom 46:43 Acquisition of EVM OS and Future Plans 55:26 RWA Chains and Institutional Trust 59:58 Enhancing Atom's Liquidity Powered by BidClub – We bring you deep dives, sharp takes, and actionable insights. Liquid Talks. Solid Returns. Subscribe for weekly alpha.