Picasso - PICA - Bringing IBC to Solana PICA is both the token of Picasso on Kusama and the Composable Chain on Cosmos. The PICA token exists to unify Polkadot, Kusama, and the Cosmos ecosystems through IBC transfers.
Both the Cosmos and Polkadot ecosystems are rather large, but not in comparison to the Solana or Etherium ecosystems. This is where the true genius of PICA lies. The Picasso chain will facilitate an IBC connection, first with Solana, and then Etherium. This means that the DeFi ecosystems of Solana and Etherium will become interoperable with Polkadot and Cosmos, making the Picasso chain the epicenter of an insane amount of liquidity.
This is why I am incredibly interested in this project.