Tokenomy vs ConsenSys vs Avalanche Token
What problem does this service solve?
Tokenomy enables anything of value, such as frequent flier points or virtual goods, to be turned into a token that can be traded on their exchange. | ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain. | Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. |
Token Stats
Not Relevant |
Company Description
Tokenomy is an Ethereum-based tokenization platform and exchange. It allows users to transform anything with value into a digital token, and then list it on their exchange. | ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services. | 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. |