CosmWasm is a smart contract platform focusing on security, performance, and interoperability It is the only smart contracting platform for public blockchains with heavy adoption outside of the EVM world.
as CosmWasm architecture prevents almost all the known risk vectors of Ethereum.
Why is security important? Look at all the DeFi hackings that happened before, which we have not seen so far with CosmWasm.
as CosmWasm runs the Web Assembly, Wasm virtual machine guarantees high performance.
Why is performance crucial?
Wasm upgrade makes things more powerful. Everything is cost-effective. Not only Cosmos offers high performance, but also 10k transactions per second; you do the math! And once you write the contract, with the Wasm upgrade, you get more performance without doing anything.
as CosmWasm was built for multi-chain, cross-chain world, deeply integrated with IBC (Inter-blockchain communication).
Why does interoperability matter?
When you keep your money in your bank, you can easily send it to your friend who has another bank. In the crypto world, it should work the same. Your coin and/or NFT on chain A should be easily moved to chain B seamlessly.
Not only that, you can imagine all the crazy stuff in the multi-chain future: a DAO on Juno chain can mint an NFT on Stargaze chain, then LP their treasury on Osmosis, and exchange it with Ethereum over Axelar...All these things can happen, thanks to CosmWasm!