Ottochain Homage to EVMOS and Ethereum Layer Two

September 20, 2023 – Dubai, United Arab Emirates

In the world of blockchain technology, where each day brings new possibilities and challenges, the spirit of collaboration and open-source development stands as the beacon guiding us forward.

Ottochain, a trailblazing multi-chain ecosystem, is thrilled to pay homage to EVMOS and Ethereum layer two – the giants on whose shoulders it proudly stands.

Today, Ottochain is excited to announce its open invitation to the EVMOS and Ethereum layer two communities, extending a hand of collaboration and showcasing its commitment to innovation, community participation and interoperability.

Built on the shoulders of giants

Ottochain is a groundbreaking application-specific blockchain (Appchain) within the Octopus Network.

Utilizing the Octopus 2.0 interchain modules – which include Cosmos SDK, Near Restaking and Adaptive IB – Ottochain has deep roots in the Ethereum ecosystem.

For more info about Octopus 2.0, visit here.

Ottochain’s story begins with EVMOS. Evmos is a new frontier in the crypto space that seeks to integrate Ethereum assets and decentralized applications with the Cosmos ecosystem’s SDK (software development kit).

EVMOS has been a source of inspiration and a critical component of Ottochain’s development.

By leveraging the codebase and ethos of EVMOS, Ottochain is able to offer Ethereum-compatible smart contracts and DApps while inheriting the robustness and innovation that EVMOS represents.

Ottochain acknowledges the hard work and dedication of the EVMOS community and is thrilled to be part of this shared journey.

To learn more about EVMOS, visit here.

Fair launch and community-driven philosophy

Ottochain takes pride in its fair launch, driven by a commitment to decentralization and community participation.

Unlike many projects in the blockchain space, Ottochain opted not to pursue venture capital funding.

Instead, Ottochain chose to place their trust in the blockchain community, offering everyone an equal opportunity to participate and shape Ottochain’s future.

Ottochain’s launch philosophy is simple – a truly open and equitable distribution of tokens through airdrops, community engagement and participation.

Ottochain believes in the power of the community to drive innovation and growth.

To this end, they’ve allocated a portion of their token supply to reward those who actively engage with Ottochain, whether through development, governance or by simply being part of…