Avalanche Token

by Ava Labs

(0)
View Profile

Komodo

by Komodo

(0)
View Profile

XMax

by XMax

(0)
View Profile

Avalanche Token

by Ava Labs

(0)
View Profile

Komodo

by Komodo

(0)
View Profile

XMax

by XMax

(0)
View Profile

What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.

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.

Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm.
Komodo also operates Chainmakers and Chainzilla; which assist clients in creating their own blockchains, decentralized applications, and initial coin offerings. Komodo also provides services related to wallet integrations and blockchain security.
Komodo held the first ever decentralized ICO and pioneered the concept of a dICO. Their goal is to allow users to more easily build blockchain solutions and decentralized exchanges. They are developing a decentralized ICO (dICO) platform as well as a decentralized exchange platform called BarterDEX.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

Ratings

(0)

(0)

(0)