We must act now. At 2 AM (UTC) on January 12, AreonNetwork officially starts mainnet.
Join AreonChain and see the future of decentralization firsthand!
Keep an eye out for future updates!
What is Areon Network?
In the event that this is your first encounter with our project, we would like to begin by providing you with a brief overview of what Areon Network is and what it represents.
The most recent information may be found in the next section, which you can skip over if you are currently an Areonite.
Areon Network is a one-of-a-kind, decentralized Layer 1 blockchain project that has maintained a consistent development trajectory from the very beginning from the very beginning.
We have been working on constructing our very own blockchain, which we call Areon Chain. With this blockchain, anybody can able to create new decentralized applications (dApps) and carry out everyday transactions like as sending and receiving payments immediately for extremely minimal costs.
Proof of Area is the name of our consensus process, and it is a one-of-a-kind technology that enables our chain to achieve incredibly high speeds and stability when it comes to proving transactions.
The completion of a transaction takes around one 100 milliseconds, and we are able to process up to 600,000 transactions per second without any problems.
What is the latest?
The first round of our announcements consisted of the deployment of the testnet on September 20 to begin with. The second piece of significant news is as follows:
For the sake of the project and the community, we are adjusting our tokenomics as we transition from the Binance Smart Chain to our own currency on the Layer 1 Areon Chain. This is being done for the good of both parties.
The maximum supply of $AREA is going to be reduced from 500 million to 250 million, and along with that, the ratio of locked amounts is going to be adjusted.
To what extent does this impact investors in the AREA?
In the first place, it demonstrates that Areon Network is not interested in tactics that are based on exaggeration or hype.
In point of fact, this is a deflationist strategy that may help our currency become more stable and increase its value.
The exchange of your AREA tokens for AREA coins will be place on a 1:1 ratio as soon as our mainnet is launched.
As a consequence of this, you will end up having a greater quantity of our money in comparison to the overall supply. It is because the entire supply will be cut in half.
Areon will, in point of fact, achieve a maximum supply of one hundred million during a period of ten years as part of this long-term deflationist business plan.
The Areon Wallet
Convenient, safe, and lightning-fast
Areon Wallet is a digital wallet that provides a number of features, such as the capability to trade cryptocurrencies, a high level of security achieved through multi-factor authentication and hardware wallets, integration with the entire Areon ecosystem, the capability to view non-fungible tokens (NFTs), and cross-chain exchange functionality for the purpose of facilitating cryptocurrency transactions between various blockchain networks.
Areon assets may be sent, received, and traded using the most cutting-edge wallet available.
What comes after this?
In Areon's tokenomics, the modifications that have been made are not simply a matter of numbers; rather, they represent a strategic move that aims to achieve long-term sustainability and community participation.
We are proving that we have a deep knowledge of the requirements of its ecosystem and that we are in complete control of its future trajectory by changing our tokenomics.
