Avalanche Token vs Etherparty
What problem does this service solve?
|Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.||Etherparty wants to simplify the development of decentralized applications. It is developing a platform of blockchain software products that will help users develop many of the common functionalities with less technical knowledge.|
The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Etherparty is a cloud platform offering blockchain related software. They want to make smart contracts as easy and accessible as possible. by helping to automate many functions that decentralized applications require. Etherparty focuses on user-friendly design to simplify the creation of smart contract related platforms. They are currently developing several software products aimed at users with different needs, including: token generation, crowdfunding, supply chain management, and philanthropy. Etherparty is powered by FUEL tokens.