Value Proposition
Ottochain's value propositions exist in its commitment to interoperability, security, community-driven governance, vibrant community ecosystem, and developer-friendly environment. As a Cosmos chain supporting Tips messages, it is one of the only places EVM smart contract developers can receive rewards per usage of their dapps. This will allow Ottochain to send non-native tokens like OCT or wrapped NEAR from the appchain once the feature is developed further through interchain communication.
Ottochain is the first appchain to leverage the restaking mechanism integrated into NEAR Protocol via Octopus Network. Therefore, while having its own consensus, it will also derive economic security from NEAR Protocol by directly linking it’s economy to multiple NEAR Protocol validators through Octopus Network restaking contracts.
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