Name: Avalanche
SKU: AVAX
Price: 18.231222557578 USD

<p>Avalanche is an open-source highly scalable ecosystem built for launching DeFi applications and enterprise blockchain deployments. Three blockchains make up its mainnet: the X-Chain, C-Chain, and P-Chain. Avalanche uses this unique structure to solve blockchain problems of achieving scalability, interoperability, and usability. Developers can create tailor-made application-specific blockchains and benefit from the platform’s revolutionary consensus.</p><p>Avalanche can confirm transactions in less than one second and also supports the full Ethereum development toolkit. It has the capacity for millions of independent validators to participate as full block producers using the Proof-of-Stake model. Thus, the platform offers unparalleled decentralization and speed.</p><p>AVAX is Avalanche’s native token. It is hard-capped and used to pay for fees and for staking.</p><h3>What are AVAX key features and how does it work?</h3><p>As mentioned, Avalanche has three distinct blockchains:</p><ul><li>The Exchange Chain (X-Chain) is used for managing digital assets. These assets can have different sets of rules that govern their behavior, fees are paid in AVAX.</li><li>The Contract Chain (C-Chain) is smart contract compatible. Developers can create smart contracts for DApps. This chain allows developers to fork over EVM-compatible DApps as it uses a variation of the Ethereum Virtual Machine.</li><li>The Platform Chain (P-Chain) is used for coordinating network validators. It also tracks subnets, or new subnets can be made, which are groups validators who provide consensus for customized blockchains.</li></ul><p>The X-Chain uses the Avalanche consensus protocol. The C-Chain and the P-Chain both use the Snowman consensus protocol.</p><p>Avalanche Consensus Protocol is a combination of Nakamoto consensus and Classical consensus. Therefore, it combines the benefits of both systems, that is, robustness, scale, and decentralization of Nakamoto, with the speed, and efficiency of the classical protocol.&nbsp;</p><p>Snowman is a chain-optimized consensus protocol with high throughput and is particularly good for smart contracts.</p><p>A subnet is a set of validators that validate a set of blockchains. A blockchain is validated by only one subnet, but a subnet can validate multiple blockchains. Different subnets can have different consensus mechanisms. For example, one subnet could validate a blockchain on Avalanche using Proof-of-Work, another could validate a blockchain using Proof-of-Stake.&nbsp; A subnet manages its own membership and can be either private or public. Private subnets may require validators to have certain prerequisites, and the blockchain it validates is only accessible to its subnet membership. This is useful if the information on a blockchain needs to remain private.</p><p>There are multiple ways to access C-Chain. Firstly, since C-Chain deploys the same API as go-ethereum, all the familiar APIs that are available on Ethereum can be used on Avalanche. C-Chain is also accessible via MetaMask, this is done by creating a custom network on the MetaMask platform. Avalanche also has its own Public API, using the AvalancheGo nodes, which allow access to C-Chain.</p><p>Alternatively, users are able to create their own, fully decentralized, node to work with the C-Chain. This helps developers to avoid potential congestion and rate-limiting.</p><h3>What can Avalanche be used for?</h3><p>Avalanche was built with serving financial markets in mind. It has native support for easily creating and trading digital smart assets with a complex custom set of rules that define how the asset is handled and traded to ensure regulatory compliance.</p><p>Also, custom blockchains can be built on Avalanche that is tailor-made for a particular task. An individual blockchain that specializes in a particular field, for example, payments, smart contracts, or Internet of Things can be created. Applications that may require all of these characteristics can then interoperate seamlessly within the Avalanche platform, this ensures that each part performs optimally, rather than having to compromise on one.</p><h3>Where can you buy AVAX?</h3><p>AVAX can be bought on leading exchanges, with the most popular choices being Binance, OKEx, and KuCoin. More details about available CEXs and DEXs to purchase AVAX can be found <a href="https://cryptorank.io/price/avalanche/exchanges" rel="noopener noreferrer" target="_blank">here.</a></p>

Avalanche Ecosystem

LayerZero Ecosystem

Who can participate in the Avalanche (AVAX) public sale

Avalanche Raises $12M in Private Token Sale

Avalanche Raises $42M in 4.5 Hours for Its Public Sale

Mint Free HyperLane NFT

Foundation

Public Sale Option A2

Strategic Partners

Public Sale Option B

Public Sale Option A1

Private Sale

Team

Testnet Incentive Program

Airdrop

Community & Development Endowment

Staking Rewards

Seed Round

<p>December 12, 2024 Avalanche has raised $250 mln in a locked-token sale round. The influx of capital follows the launch of the Avalanche9000 testnet, a key milestone that paves the way for the upcoming mainnet network upgrade on Monday, December 16th, which will reduce Avalanche L1 deployment costs by 99.9%, as well as reducing transaction costs on the established C-Chain by 25X. </p>

Avalanche

Avalanche is an EVM-compatible layer1 blockchain consisting of three subnets.

YZi Labs (Prev. Binance Labs)

Folius Ventures

Sleepless AI

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

O-MEE

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

SpaceN

DWF Labs

RoseonX

DeFiance Capital

Play Ventures

Double Peak 

DWeb3 Capital

GuildFi

Avocado DAO

PathDAO

Animoca Brands

Planetarium

Stella Fantasy

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Staking Rewards	50%	-	-
Team	10%	10%	-
Foundation	9.26%	4.17%	5.09%
Public Sale Option A2	8.30%	8.30%	-
Community & Development Endowment	7.00%	7.00%	-
Strategic Partners	5.00%	5.00%	-
Private Sale	3.46%	3.46%	-
Airdrop	2.50%	2.50%	-
Seed Round	2.50%	2.50%	-
Public Sale Option A1	1.00%	1.00%	-
Public Sale Option B	0.67%	0.67%	-
Testnet Incentive Program	0.31%	0.31%	-

Avalanche AVAX

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