What is Avalanche (AVAX)? Everything about this coin -

    Sep 26, 2022

    Avalanche is considered one of Ethereum's competitors when it comes to having some exceptional benefits over the market tycoon. So what is Avalanche? What are the highlights of this ecosystem? Should you invest in this coin? will continue to bring you useful knowledge about this ecosystem in this article.

    What is Avalanche (AVAX)?


    Avalanche (AVAX) is a smart contract platform that allows the development of interoperable blockchains, financial products, and decentralized apps.

    Avalanche is a platform that is always looking to overthrow Ethereum. They claim to get more scalability than Ethereum through high transaction throughput. Specifically, 4,500 transactions per second (TPS). Avalanche's native AVAX coin has a limited supply of 720 million. Not only is it used as part of the Avalanche consensus mechanism, but also to pay network transaction fees.

    It's the clearly answer for question "What is Avalanche ecosystem?".

    What problem does AVAX solve?

    After understanding "What is Avalanche?" deeply, let's see how the platform solves the problem?

    Avalanche allows financial networks to connect to a common platform that makes launching and trading digital assets easier. Thereby minimizing transaction difficulties due to geographical distance and regulations, and helping users access a large amount of asset value.

    Avalanche creates a platform where thousands of sub-networks depending on the user's purpose, these sub-networks can connect to each other to create a large global network.

    What is Avalanche’s highlight?


    • Speed: Fast processing speed, transactions made by Avalanche in billions of seconds bring satisfaction to users.
    • Scalability: With the ability to handle up to 4500 transactions per second and can accommodate thousands of validators without sacrificing performance.
    • Users can easily create their own public or private blockchains.
    • Avalanche ensures extreme security and safety.
    • Avalanche is a platform built for the financial markets. Therefore, AVAX has made asset transactions with complex terms easy and fast.

    What is Avalanche coin (AVAX)?

    AVAX is the native token used in the Avalanche ecosystem. AVAX coin is used to pay for transactions, provide products and services. At the same time, the use of AVAX also ensures high security when operating on Avalanche.

    Detailed information about Avalanche coin (AVAX)


    Ticker: AVAX.

    Total Supply: 360.000.000.

    Circulating Supply: 24.500.000.

    Market Cap: $101.099.412.

    Token type: Native, Utility.

    Token Allocation

    Staking Reward: 50%.

    Team: 10%.

    Public Sale: 10%.

    Foundation: 9.26%.

    Community & Developer Endowment: 7%.

    Strategic Partners: 5%.

    Private Sale: 3.46%

    Seed sale: 2.5%.

    Airdrop: 2.5%.

    Token Sale Schedule

    Seed sale ($0.33/AVAX - 18,000,000 AVAX) vesting period 1 year.

    Private Sale ($0.5/AVAX - 24,900,000 AVAX) vesting period 1 year.

    Public Sale has 3 options:

    • Public Sale Option A1: ($0.5/AVAX -12,000,000 AVAX) vesting period 1 year.
    • Public Sale Option A2:(0.5$/AVAX - 60,000,000 AVAX) 1.5 year vesting period.
    • Public Sale Option B (shared pool with option A1): ($0.85/AVAX) fully unlocked.

    Token Use case

    AVAX is a Native token and is used for the following purposes:

    • Fees: AVAX is used as the transaction fee for all activities on the Avalanche ecosystem
    • Staking: To become validator or block maker in Avalanche requires at least 2000 AVAX

    At the moment, the maximum total supply of AVAX is 720,000,000 tokens. Of which, Mainnet provides more than 360,000,000. This number will continue to increase until the mining system reaches the total supply.

    At the same time, AVAX coins used to pay Fees will be destroyed by the system to create scarcity and increase the value of the coin.

    Where to buy AVAX tokens?

    AVAX is listed on many exchanges. You can buy this coin on reputable exchanges like Binance, Huobi, OKEx….


    Avalanche and the Ava Labs development team were founded by a trio of computer scientists, including:

    • Emin Gun Sirer: a veteran computer scientist with a long history with Bitcoin, decentralized networks, and blockchain. He received his PhD in Computer Science in 2000 and has been a professor at Cornell University since 2001. He is also a principal member of IC3.
    • Kevin Sekniqi: COO at Ava Labs, professor at Cornell and former member of IC3. Before joining Ava Labs, Sekniqi was a researcher at NASA's Jet Propulsion Laboratory and several other universities. In addition, he used to work with Microsoft as a Software Engineer. In 2020, he received his PhD in Computer Science from Cornell University.
    • Maofan “Ted” Yin: Dr. Sirer and Chief Architect of Ava Labs. He will receive his PhD in Computer Science from Cornell University in 2021.

    Is Avalanche a potential coin?

    Let's explore the key components of this ecosystem before making a judgment about the AVAX token's investing potential.

    • Avalanche is the best Blockchain 3.0 platform today that can become a better version of Ethereum.
    • AVAX has extremely fast processing speed, good security. These features not only make it a great DeFi platform, but also make it a great payment platform.
    • The token supply is stable, with the burning mechanism making this coin increasingly scarce, limiting inflation to losing value.
    • Avalanche is increasingly achieving its goal of creating a secure platform that is ideal for building DeFi applications and also suitable for the traditional financial market, easily accessible to many businesses.

    However, Avalanche still has some limitations such as the high transaction wallet. In summary, the highlights of this platform are very promising in the future. If Avalanche keeps improving, it will become more and more popular. Investors can consider investing in this ecosystem, it is certainly a valuable investment in the long term.


    With the knowledge provided above, hopes you have a better understanding of “_what is Avalanche platform?”, "What is Avalanche coin?" the key features of the ecosystem, and the investment possibilities. We'll be providing you with details on other potential ecosystems in upcoming articles. So, to remain updated, keep an eye on the news channels.

    What is Avalanche? More information you need to know - FAQs

    Is Avalanche crypto a good investment?

    Avalanche (AVAX) is in the top ten by market cap with a bullish performance of 3,100%, ahead of top crypto assets such as BTC, ETH, BNB, ADA, and DOT, according to CoinMarketCap data.

    Is Investing in AVAX Risky?

    AVAX is a cryptocurrency, which is considered a risky asset class. You can choose to invest in AVAX, but make sure to first understand the risks and limitations. It's smart to not invest more than you can afford to lose.

    About is a channel to update blockchain technology and the crypto market news as well as share knowledge, experience, and share earned contracts with the community of crypto market participants.





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