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Avalanche

Avalanche X-Chain: FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z

  • Chain: AvalancheNetwork
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Project summary

Blockchain development

Vision: Provide a unifying platform for the creation, transfer, and trade of digital assets.

Avalanche is a high-performance, scalable, customizable, And secure blockchain platform. It targets three use cases.

- Building application-specific blockchains, spanning permissioned (Private) and permissionless (Public) deployments.

- Building and launching highly scalable and decentralized appilcations (Dapps).

- Building arbitrarily complex digital assets with custom rules, covenants, and riders (smart assets).

- Avalanche has developed two major Consensus algorithms for its ecosystem. Avalanche and Snowflake are both PoS (proof of stake) protocols..

Avalanche ecosystem consist of 3 blockchains X-Chain, C-Chain, and P-Chain.

- X-Chain: This blockchain is used for managing assets. It uses the Avalanche consensus protocol.

- P-Chain: This blockchain is used to coordinate validators. It also uses the Snowman consensus protocol.

- C-Chain: This blockchain is used to create smart contracts. It uses the Snowman consensus protocol.

Full review

Information

  • Launched: 28 Nov, 2018
  • Listed: 29 October, 2021
  • Headquarters: Singapore.
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Team
Members: 90+
Advisors: 0

The Avalanche team is a group of experienced engineers, researchers, and entrepreneurs who are committed to building a scalable, secure, and efficient blockchain platform. The team has a strong track record of innovation. In 2018, the team published a paper that proposed a new consensus mechanism called Avalanche Consensus. Avalanche Consensus is a scalable, secure, and efficient consensus mechanism that is designed to support a wide range of decentralized applications.

The team is led by Emin Gün Sirer, a professor of computer science at Cornell University, and consists of a group of experienced engineers and researchers.

Information

  • Founder/CEO: Emin Gun Sirer
  • Head of Engineering: Kevin Sekniqi

Services

Avalanche explorer
AvaxWallet

Avalanche explorer

Avalance official blockchain explorer, Where users can get query about Assets, Addresses on Avalanche ecosystem

avascan.info

Avax wallet

Avalanche official wallet, Where users can Store, Transfer Avalanche assets

wallet.avax.network

Funding

    $50K was raised in the Seed round by Initialized Capital, Galaxy Digital, Polychain Capital

    $12M was raised in the Private Sale by Binance Labs, Three Arrows Capital, Dragonfly Capital

    $40M was raised in the Public Sale Option A (Series A round) by Andreessen Horowitz, Initialized Capital, Polychain Capital

    $180M was raised in the Public Sale Option B (Series B round) by Jump Capital, Tiger Global Management, Mirana Ventures

    $350M was raised in the Public Sale Option C (Series C round) by SoftBank Vision Fund 2, Sequoia Capital, Tiger Global Management

Total reported funding: 582M

The total reported funding for Avalanche is estimated. Values may be above or below recorded values.

* Report [email protected] in case of any missing data

Coin metrics

Token name: Avalanche

Token symbol: AVAX

Total supply: 720000000 AVAX

Circulating supply: AVAX

Supply type: Inflationary
Minting feature: Non-mintable

Supported chains: BNB CHAIN - AVALANCHE - POLYGON - FANTOM

Token address: Native

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Rating

Comptetive advantage

Market capitalization

Vesting

Similar projects

CGS

Competitive advantage
  • Algorand blockchain low computation requirements may put Algorand in a leading role in blockchain industry
  • Algorand consensus algorithm and it's contribution of decreasing transacitons time on their blockchain
  • Backed by a strong team of developers and technicals
  • Carbon negative
  • Low cost of transactions which may attract more users in the future
  • Algorand blockchain ASA Technology
6
High risk investment
Market capitalization
  • Avalanche Marketcap Not available
  • Avalanche Dominance of Total MarketCap
7
Strong project with moderate returns
Medium risk investment
Avax Allocations
Avax Vesting
SAFE
Strong project with moderate returns
Similar projects listed on CCL
6
Strong project with moderate returns
Medium risk investment
CGS
  • IDEA
  • TEAM
  • FUNDING
  • Feasebile study
  • Market capitalization
  • Vesting
  • CGS
    7
7
Strong project with moderate returns
Medium risk investment

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