Archway, an incentivized smart contract platform based on Cosmos, has launched its mainnet. The network plans to allocate a portion of Archway’s token issuance directly to decentralized applications, with 25% of the tokens going to app developers and the remaining 75% to validators. Archway co-founder Griffin Anderson said developers who build applications on Archway will have a primary stake in the underlying protocol, similar to how validators and miners are rewarded for validating the network.

Previously, on June 16, CoinList launched the Archway (ARCH) token sale. Last year, Archway developer Phi Labs completed a $21 million seed round, led by CoinFund and Hashed.