Avalanche Token vs OneRoot Network vs Unibright
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. | Unibright aims to create a unified framework for companies to integrate blockchain with their existing business systems. |
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. | 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. | Unibright is a German Blockchain development company. Their platform is designed to assist clients with setting up and deploying smart contracts; as well as integrating their existing business systems with blockchain-based ledgers. The Unibright network is powered by the Ethereum-based UBT token. |