Avalanche Token vs Wowbit vs VestChain
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Wowbit allows users to create smart contract enabled digital assets on the NEO blockchain. | VestChain aims to create a better performing smart contract platform. |
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. | Wowbit, also known as Wowoo, is a NEO-based tokenization platform. Their smart contract enabled platform is based on their Smart Active Control (SAC) architecture, and is powered by the WWB token. | VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token. |