Proof of Area is the distinctive consensus technique that distinguishes Areon Network, which is a layer 1 blockchain of the future generation.
Areon stands out as a comfortable environment for cryptocurrency users because it offers transactions that are quick, safe, and reliable, and it charges reasonable fees for those transactions.
Areon Foundation is one of the components of the Areon Network. - Hyperswap (a DEX tool) - Areon Chain (compatible with EVM, Layer 1, Proof of Area)
Areon is the first to implement the Proof of Area (POA) protocol. This mechanism is similar to the "Delegated Proof of Stake" method. 
This layer 1 consensus mechanism process provides holders with an additional advantage in the form of digital land ownership.

What will happen on the 31st of January?
The transactions for $AREA will resume on all exchanges integrated with Areon Chain.
The coins will be a 1:1 substitute for the $AREA tokens that you were holding.
Buying and selling AREA coin will start from January 31, 14:00 UTC. So far, these exchanges announced a successful integration: Bitget, Bitmart, MEXC and XT.com

Key Drivers Behind Areon Network (AREA) Popularity

Areon Network started as a token on Binance Smart Chain.
Featuring a novel consensus method, Areon Chain is a layer1 that is compatible with EVM.
This idea is based on the same principle as a Delegated Proof of Stake, but it adds the value of owning property in our metaverse, Areon City.

Virtual real estate in the metaverse is owned by individuals. Profit from it by building on it, advertising on it, or renting it out. Holding $AREA now has an additional incentive.
What makes Areon Chain superior:
Exceptionally quick, with a completion time of 100 ms or less for transactionsBuild to last, scalable, and capable of handling up to 600,000 TPS
Low gas prices and transaction fees

$AREA transactions were closed between Jan 14-31. You can imagine the hype in the market! Chart will likely react to relisting in a positive way. .
Areon has a deflationary economy model. Max Supply is halved with mainnet launch, from 500 M to 250 M. Over 10 years, it will go down to 100 Million AREA coins.
Areon’s roadmap
Areon Network has delivered all items on the road map without fail. Because of this consistent growth, they have been able to cultivate a community of loyal holders.
Areon Network set a goal for listing on four Tier 1 exchanges in the first quarter of 2024!.

#Area #TrendingTopic #TradeNTell #AreonNetwork

Cryptocurrency enthusiasts are buzzing with excitement as Areon, a highly anticipated layer 1 project, announces its mainnet launch set for January 12, 2024. This milestone coincides with Areon's one-year anniversary, marking a year of careful development and dedicated pursuit of blockchain innovation.
Beyond a typical celebratory event, Areon Network stands out as a meticulously crafted ecosystem designed to empower users, spark creativity, and redefine online interactions. Join us, crypto pioneers, as we delve into the heart of Areon's ambitious vision.

User-Focused Infrastructure: Fueling Digital Dreams
Areon Network distinguishes itself with a strong focus on user experience, featuring a comprehensive infrastructure guided by a dedicated foundation and a strategic roadmap for expansion. $AREA, the native token, powers every transaction and dApp interaction, serving as the lifeblood of this digital ecosystem. Its utilities in staking, security, and governance empower users to actively participate in Areon's growth.
Decoding Areon’s Technical Excellence
Under the hood, Areon operates efficiently, built on the solid foundation of the Ethereum Virtual Machine (EVM) and Tendermint Core. The network boasts impressive scalability and interoperability, with transactions finalizing in just 1.3 seconds. The unique consensus mechanism, Proof of Area, adds a novel touch, making it exciting for users who own 10,000 $AREA by granting them a plot of land within Areon City.
A Fresh Approach to Staking
Proof of Area injects innovation into the familiar concept of Delegated Proof of Stake. With 10,000 $AREA, users gain a plot of land in Areon City, a digital canvas for their dreams. It's more than digital real estate – it's an opportunity to build, create, and generate passive income through land leasing.
Beyond the Hype: Can Areon Deliver?
Areon aspires to be a comprehensive network in the cryptosphere, and while the ambition is commendable, actions speak louder than words. The testnet handled over 15 million transactions flawlessly, showcasing resilience and scalability. Yet, the real test lies ahead on the mainnet stage. Time will reveal if Areon can maintain this performance.
Recent Developments: Expanding Horizons
In a recent milestone, the Areon token ($AREA) secured listings on major DEX & CEXs like PancakeSwap, Bitmart, MEXC, and Bitget. These strategic listings enhance liquidity and open doors for a wider audience to engage with the Areon ecosystem.

Looking to Q1 2024: New Exchange Listing
Adding to the excitement, there are hints of a potential listing for $AREA on a new exchange in the first quarter of 2024. This expansion aims to broaden the token's reach and influence in the market.
As the mainnet launch approaches, the Areon community eagerly awaits the next chapter, anticipating how these developments will shape the project's future.

Areon Network Overview:
According to the latest data from CoinMarketCap, Areon Network's current price is $0.1364, with a market capitalization of $8.8 million and a 24-hour trading volume of $213,577. The circulating supply of AREA tokens is 69,835,303 out of a total supply of 500 million $AREA.
Price Metrics:
 • All-Time High (ATH): $0.3199
 • All-Time Low (ATL): $0.003344
Please note that these figures are sourced from CoinMarketCap and may vary due to market fluctuations. As Areon Network prepares for its mainnet launch, these metrics offer a snapshot of its current position in the cryptocurrency market. For real-time updates, investors and enthusiasts should refer to reliable sources.

⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Area #layer1 $ETH

Blockchain technology is still in its infancy, and the businesses of the future are still settling down on their respective spots in this new domain. Blockchain has the potential to revolutionize several sectors. It is very necessary for trailblazers in the field of technology, such as Areon Network, to mold and direct this future for the benefit of everyone.

Areon Network is a Layer 1 blockchain of the future generation that was created with scalability, security, and interoperability features in mind. While the majority of Layer 1 solutions are now experiencing difficulties with scalability and downtime, Areon is able to overcome these obstacles by using efficient coding and enhancing the user experience.

When consumers have a better understanding of the usefulness of a blockchain or token, they are better able to choose which project is in line with their own personal objectives and hence provide further support for that project.

The Use Cases of the Areon Network

Decentralized Finance (also known as DeFi):

One might argue that this is one of the most urgent issues in the cryptocurrency field right now, and it is one that deserves our attention. One of the primary goals of Areon is to provide everyone with easy and inexpensive access to decentralized (and indirectly, centralized) financial services.

A high transaction throughput allows efficient and cost-effective DeFi applications, which in turn fosters quicker transactions, cheaper costs, and smoother user experiences. Areon's high transaction throughput also makes it possible for these applications to be efficient.
Enhanced Security: Built-in security mechanisms protect user cash and smart contracts, hence reducing the likelihood of hacks and attacks that are common in the decentralized finance industry.

Two examples of decentralized autonomous organizations (DAOs) are,

The decentralized future is not far off. Since this is the case, it is our objective to make the practices of the DAO more dependable and more convenient for all users of cryptocurrencies.

Scalable Governance: Areon's infrastructure makes it possible to ensure that decentralized autonomous organization (DAO) activities are both efficient and scalable. This enables bigger communities to take part in decision-making processes without sacrificing performance.
Immutable and Transparent Record Keeping: All transactions and decisions made on the Areon Network are permanently preserved and can be verified by the public. This system encourages openness and accountability within decentralized autonomous organizations (DAOs).

Third, GameFi:

There is a very large and continuously expanding game industry. A wonderful stimulus for the further deployment of blockchain technology, it is in this regard.

The Opportunities to Earn Through Play: The cheap transaction costs and quick confirmation times offered by Areon make it possible to conduct in-game transactions without any interruptions, which in turn enables the creation of exciting Play-to-Earn experiences.
Within the Areon ecosystem, the integration of NFTs enables the creation of novel opportunities for in-game assets and virtual economies. These opportunities are made possible by the secure and efficient minting and trading capabilities of NFTs.

It is Web3:

The idea of Web3 is still relatively new. In the event that blockchain is a newborn baby, Web3 is a newborn baby. To this day, we do not have any idea how it will influence the way we engage with the internet in the years to come. At this point in time, the history is being written down.

dApp Development: Areon offers a developer-friendly environment for the construction of decentralized apps (dApps) that have excellent scalability and security, therefore contributing to the growth of a Web3 ecosystem.
Users are able to pick and choose what information they want to share via decentralized applications (dApps) that are created on the Areon Network. This allows users to maintain control over their data.

Fifth, the infrastructure:

Areon is mostly a supplier of technological services. For blockchain developers, it is our treasured responsibility to deliver solutions that are of the highest possible technical and infrastructureal quality. The following are some particular examples:

When it comes to supply chain management, Areon's immutability and transparency provide a platform that is both safe and dependable, allowing for the monitoring of products and materials along the supply chain, the improvement of efficiency, and the reduction of fraud.
Identity Management: Areon-based identity management systems that are both secure and decentralized have the potential to provide users more control over their personal data.

Where does Areon get its uniqueness?

Areon Network stands out not just for the particular use cases that were discussed above, but also for its one-of-a-kind consensus process, which is known as Proof of Area (POA). An extra layer of engagement is provided by Proof-of-Affect (POA), which is comparable to Proof-of-Stake. POA does this by compensating users depending on the amount of digital land they own inside the network.

In addition to encouraging involvement, this forward-thinking strategy helps to cultivate an ecosystem that is more sustainable and fair. We anticipate that the AREA currency will continue to serve as the fuel for our network, with a rising amount of transaction volume, as the Areon ecosystem continues to expand and more people begin to use it.

The user-oriented business model and transparent support service in local languages that Areon Network offers help us separate out from the other blockchains. This is in addition to the technological features that we provide.

Developing our ecosystem further

Areon Network touts itself as a flexible platform that is capable of supporting a broad range of ground-breaking applications across a variety of sectors by putting an emphasis on scalability, security, and interoperability.

Areon Network's numerous use cases have the ability to affect the future of decentralized finance, decentralized autonomous organizations (DAOs), game finance, web three, and other areas of blockchain technology as the blockchain world continues to expand.

Our most recent hackathon, Code AREA, resulted in the addition of thirty new decentralized applications within our ecosystem. Having said that, it was just the beginning. The ecosystem will continue to expand as new projects and decentralized applications continue to join us.

#AreonNetwork #Area #TrendingTopic

Seizing New Horizons
In a monumental move, Areon Network has embarked on a journey of transformation, migrating from the BSC to its native Areon Chain on January 12. This strategic transition signifies a decisive step towards enhancing scalability, performance, and overall ecosystem sustainability, positioning Areon Network for unprecedented growth and innovation.
Seamless Transition, Enhanced Value
The migration process was meticulously executed, with tokens seamlessly swapped for coins at a 1:1 ratio. This ensured a smooth transition for all stakeholders, while also halving the maximum token supply from 500 M to 250 M. This strategic adjustment aligns with Areon Network's overarching vision of controlled inflation and sustainable growth, bolstering the project's long-term value proposition.
Awaited Relisting, Amplified Impact
Despite a temporary pause in transactions since January 14, owing to ongoing transitions on various exchanges, Areon Network anticipates a resurgence in trading activity as several exchanges prepare to relist the project on January 31. Our currency $AREA will relist as a coin on multiple CEX. This imminent relisting is poised to catalyze significant chart activity and market impact, heralding a new era of investor enthusiasm and confidence in Areon Network's future trajectory.
Unwavering Commitment to Innovation
The decision to migrate from Binance Smart Chain to Areon Chain underscores Areon Network's steadfast commitment to technological innovation and ecosystem development. By harnessing the capabilities of its native chain, Areon Network aims to unlock unprecedented levels of scalability and performance, laying the groundwork for widespread adoption and utility across decentralized applications (dApps) and DeFi protocols.
Pioneering the Future of DeFi
Looking ahead, Areon Network remains resolutely focused on driving sustained growth and value creation for its community and ecosystem participants. With the impending relisting on multiple exchanges and the anticipated surge in market activity on January 31, Areon Network is poised to reaffirm its position as a pioneering force in the decentralized finance (DeFi) landscape, charting a course towards a future defined by innovation, inclusivity, and resilience.
Setting the Standard for Adaptability
As the crypto industry continues to evolve and innovate, Areon Network's migration to its native chain serves as a testament to its adaptability and foresight. By prioritizing scalability, performance, and ecosystem sustainability, Areon Network sets a new standard for projects seeking to thrive in an increasingly competitive and dynamic landscape, inspiring confidence and driving meaningful change within the global blockchain ecosystem.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Area #AreonNetwork