Avalanche Token

by Ava Labs

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Emercoin

by Emercoin

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APIS

by The Oxchild Pte Ltd.

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Avalanche Token

by Ava Labs

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Emercoin

by Emercoin

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APIS

by The Oxchild Pte Ltd.

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What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Decentralized Software Development Kits make it easier to build blockchain-based applications.APIS will allow users to invest their coins on a network masternode without having to stake a large number of coins or deal with the technical requirements of setting one up.

Token Stats

Company Description

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.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

Emercoin is a blockchain-based development platform. It has developed a range of easy-to-use dSDKs (Decentralized Software Development Kits) that can be used to more easily build DApps. This set of software development tools allow the creation of blockchain-based software and services.
Emercoin's dSDKs have been implemented in several innovative DApps and provide developers with solutions for a variety of functionalities. Some of the dSDK's that Emercoin offers are specifically geared for decentralized DNS, SSH, SSL, and DPO solutions.
Emercoin has a hybrid consensus mechanism that combines elements of Proof-of-Stake (PoS) with a Proof-of-Work (PoW) algorithm that is merge-mined with Bitcoin. The network is powered by the EMC coin.

APIS is developing a masternode mediation platform that will lower the barriers of entry for users wanting invest their coins on their own masternode of a network. A masternode is a type of node that has additional voting influence and block rewards, on a Proof-of-Stake network. Investors are able to place coins on a masternode and receive a stable interest from the block rewards; similar to interest that is given in a bank. APIS will allow users to invest in masternodes without having to deal with the technical requirements or stake a prohibitively large number of coins.
Their network is powered by the Ethereum-based APIS token.

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