Avalanche Token vs Universa vs Davinci Coin
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Universa aims to enable faster transactions and smart contracts that can be executed offline. | Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea. |
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. | Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea. |