Avalanche Token

by Ava Labs

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‍Flow Blockchain

by Dapper Labs

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Kadena

by Kadena

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Avalanche Token

by Ava Labs

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‍Flow Blockchain

by Dapper Labs

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Kadena

by Kadena

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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.Flow's goal is to create a DApp development platform that is easier to use for both developers and users.Kadena is a software development company working to encourage business adoption of blockchain. They create custom-built solutions for their clients that use both private and public blockchains.

Token Stats

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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.

T‍he Flow Blockchain aims to be a developer-friendly blockchain for a new generation of DApps and digital assets that power them. Flow Blockchain is based on a unique, multi-role architecture, and is designed to scale without sharding, so that it can accommodate consumer applications with more users. The project was created by Dapper Labs, which previously created Crypto Kitties, one of the most popular blockchain collectible projects. Flow is now being used by NBA Top Shot, an officially licensed NBA platform for player related, blockchan-based collectibles. The founders: Roham Gharegozlou, Dieter Shirley, and Mikhael Naayem launched Flow with the goal of simplifying the DApp development experience.
Flow uses a Proof of Stake consensus mechanism. Flow coins are intended to be used as payment for validation services, data and computation, governance, as well as for collateral for secondary tokens that may be created on the platform in the future.

Kadena is a software development company that builds blockchain-based platforms for a range of businesses. They develop purpose-built blockchain solutions for their clients by using proprietary solutions that are aimed at being both secure and scalable. Kadena offers both private and public blockchain platforms, with smart contracts written in the Pact programming language. They've also developed an innovative proof-of-work architecture called ChainWeb that could have a variety of applications.
Kadena's founders have experience working for the U.S. Securities and Exchange Commission (SEC) and JPMorgan Chase Bank. The company has raised significant funding and is well positioned to be play a big role in developing future blockchain solutions for large financial institutions.

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