Avalanche Token

by Ava Labs

(0)
View Profile

OneRoot Network

by OneRoot Foundation

(0)
View Profile

Hyperion

by Hyperion

(0)
View Profile

Avalanche Token

by Ava Labs

(0)
View Profile

OneRoot Network

by OneRoot Foundation

(0)
View Profile

Hyperion

by Hyperion

(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.The OneRoot Network wants to create a development platform for DApps.Hyperion's goal is to create a decentralized marketplace for map data that will be generated by users.

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.

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

Hyperion is developing a decentralized mapping platform that will ensure user privacy and provide map services for DApps. The platform will give users incentives to contribute location data and will have a community governance model. The Hyperion network is powered by the Ethereum-based HYN token.

Ratings

(0)

(0)

(0)