Avalanche is an open source platform for launching highly decentralized applications, new financial languages, and new scalable blockchains.
Avalanche proposed a new blockchain consensus protocol, which is a major breakthrough and innovation in the formula consensus algorithm. This algorithm family integrates the characteristics of the classic Non-Byzanting consensus algorithm and the Nakamoto consensus algorithm (ie POW) to achieve Simple yet powerful, this consensus enables distributed ledgers to ensure decentralization, high concurrency processing and fast confirmation of transactions, while achieving historical record deletion and on-chain governance.
Avalanche adopts a new design idea, breaking the communication method between previous project nodes, and achieves consensus among the entire network nodes by continuously random sampling until the judgment results converge.
Co-founder & CEO: Emin Gün Sirer Twitter: https://twitter.com/el33th4xor/
Total supply: 431 million
Circulation volume: 355 million
Total global market capitalization: 2.8 trillion
Circulation market value: 19.349 billion
Circulation rate: 82.49%
Lock-up and early allocation situation: There are about 69 days left until the next unlock. The lock-up value is 525 million per month, accounting for 1.34% of the supply. Currently, 59.57% of the total has been unlocked, and 40.43% has not yet been unlocked.
The equity pledge reward is 360 million, accounting for 50%, with no lock-in period.
The public offering of 72 million accounts for 10%. The AI type will be unlocked in one year, and the A2 type will be unlocked in 1.5 years.
The team’s 72 million accounts for 10%, and will be unlocked linearly in 4 years after the mainnet is launched.
Project foundation is 66.672 million, accounting for 9.26%, and will be unlocked linearly in 10 years
Community and Development Foundation 50.4 million, accounting for 7%, unlocked in one year
36 million strategic partners, accounting for 5%, will be unlocked in four years
Private placement of 24.912 million, accounting for 3.46%, unlocked in one year
The seed round is 18 million, accounting for 2.5%, and will be unlocked in one year.
18 million airdrops, accounting for 2.5%, will be unlocked in four years
Testnet incentive plan 2.016 million, accounting for 0.28%, unlocked in one year
Total crowdfunding raised $60 million:
In 2019, 18 million AVAX was supplied in the seed round, with financing of 6 million US dollars. All were unlocked in 1 year, with an average price of $0.33.
In June 2020, 24.9 million AVAX was supplied in private placement, with a financing value of US$12 million. It will be fully unlocked in one year, with an average price of US$0.50.
In July 2020, the public offering of Class A1 supplied 12 million AVAX, and Class A2 supplied 60 million AVAX, with a financing value of US$42 million. All were unlocked within one and a half years, with an average price of US$0.50.
The main features and structure of the project: ava Lab directly adopts the most efficient three-layer network structure currently, separating the execution environment and the chain itself, and providing support for the combination of scalability, modularity and composability from a design perspective.
1. The exchange chain (X) serves as a decentralized platform for creating and trading digital smart assets, representing a set of rules with real-world resources (e.g., stocks, bonds) that control the behavior of this public chain, such as "Tomorrow ” or “Send only to U.S. citizens.”
The asset traded on the X chain is AVAX. When users make transactions to the blockchain on Avalanche, users pay fees denominated in AVAX. The X chain is an instance of the Avalanche Virtual Machine (AVM). The X Chain API allows users to create and trade assets on the X Chain and other instances of AVM.
2. Platform Chain (P) is the metadata blockchain on Avalanche used to coordinate validators, track active subnets and create new subnets. P chain implements the Snowman consensus protocol. The P-Chain API allows clients to create subnets, add validators to subnets, and create blockchains.
3. Contract chain (C) C-Chain allows the creation of smart contracts using C-Chain’s API. The C chain is an instance of the Ethereum Virtual Machine powered by Avalanche.
development path
In February 2019, Ava Labs completed US$6 million in financing.
On May 17, 2019, Ava Labs officially released a test network based on the Avalanche protocol.
On October 11, 2019, AVA Labs launched Athereum, a proof-of-concept deployment of Ethereum running on the AVA platform.
On October 11, 2019, AVA Labs launched Athereum, a proof-of-concept deployment of Ethereum running on the AVA platform.
On April 18, 2020, AVA announced the official release of the public test network Cascade. On June 25, 2020, AVA Labs completed a $12 million private placement of AVAX tokens.
On July 3, 2020, AVA Labs announced that it had received strategic investment from IOSG Ventures. IOSG will serve as Ava Labs’ exclusive strategic cooperation consultant in China.
On July 15, 2020, Avalanche (AVAX) announced that it would launch a public offering as planned at 22:00 on July 15, Beijing time.
On July 16, 2020, Avalanche (AVAX) announced that it had completed a public offering in the early morning of that day, selling a total of 72 million AVAX and raising a financing amount of US$42 million. On July 25, 2020, Avalanche announced that it would integrate the Torus service and provide one-click wallet login functionality.
On July 29, 2020, Avalanche announced that it would cooperate with PolyientGames to launch a decentralized NFT trading platform.
On September 21, 2020, Huobi Global announced that it will soon launch Avalanche’s native token AVAX.
On September 22, 2020, the decentralized service platform Avalanche (AVAX) was officially launched on the mainnet.
On September 22, 2020, Binance announced that it will launch the decentralized service platform Avalanche protocol Avalanche token AVAX at 14:30 on September 22.
On September 22, 2020, blockchain security company PeckShield officially passed the security audit of Avalanche Protocol (AVAX).
On September 22, 2020, FTX announced the launch of Avalanche (AVAX) spot, quarterly and perpetual contracts.
On September 22, 2020, OKEx announced the launch of spot trading of AVAX tokens. On November 24, 2020, Ava Labs announced the official launch of Avalanche-Ethereum chain bridge.
On December 15, 2020, Avalanche development team Ava Labs announced the upcoming launch of its first litigation financing token. #avax雪崩
Investment institutions#BTC
Polychain Capital Galaxy Digital Bitmain initialized Fundamental Labs SNZ Holding IOSG Venture#热门话题