Avalanche Token vs XMax vs Neblio
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps. | Neblio goal is to make it easier for developers to make DApps. |
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. | XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions. | Neblio is developing an enterprise blockchain solution that will allow developers to create DApps more easily. Their marketing materials place a strong emphasis on improving the speed at which data can be synced with their blockchain-based platform. Neblio has a Proof-of-Stake (PoS) consensus mechanism and is powered by the NEBL token. |