Avalanche Token

by Ava Labs

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TomoChain

by TomoChain Pte. Ltd.

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RSK

by IOV Labs

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Avalanche Token

by Ava Labs

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TomoChain

by TomoChain Pte. Ltd.

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RSK

by IOV Labs

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.RSK aims to improve the functionality and scale of the Bitcoin network.

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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC)
RSK developed the RIF Token which is intended to enable users to access a range of DApps within their ecosystem. In September 2019, RSK purchased the Spanish social media platform Taringa with the goal of using the RIF token as an incentive to encourage users to share content.

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