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Avalanche blockchain platform from Ava Labs launches on Sep 21

Avalanche is launching its fully-featured mainnet, a highly-scalable, open-source platform for decentralized finance (DeFi) applications and enterprise blockchain deployments in one, interoperable ecosystem, next Monday, September 21. Avalanche is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum virtual machine (VM) and development toolkit, and enables up to millions of independent validators to participate as full, block-producing nodes (Avalanche featured over 1,000 nodes operated by community members on its Denali testnet). The Avalanche (AVAX) token is the native token of the Avalanche platform and is primarily used to secure the network through…

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Polyient Games is Developing NFT Trading DEX on the Avalanche Blockchain

Polyient  Games announced yesterday it is building a decentralized exchange (dex) for NFTs on Avalanche Labs. The collaboration aims to enhance the bridge to Ethereum, reported Decrypt on June 30. Bringing NFTs to DEXs and Ethereum Just this week, Ava Labs raised $42.5 million in the token sale of its  AVAX coin, bringing the totalRead MoreRead More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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AVA Labs’ Avalanche blockchain raises $42M in public token sale

The team of Ava Labs announced today the completion of the Avalanche token sale, which raised $42M through the sale of its native token, AVAX. The Avalanche Token (AVAX) is a utility token for securing the network through staking, platform fees, and providing a basic unit of account between subnets–a set of nodes that validate blockchains on Avalanche. Proceeds from the sale will be used solely for the sustained growth and development of the Avalanche network (for more detailed information on token economics, please review the Avalanche Public Sale Info page). “It’s clear that the market was craving a project…

Continue Reading AVA Labs’ Avalanche blockchain raises $42M in public token sale

AVA Labs’ Avalanche blockchain raises $42M in public token sale

The team of Ava Labs announced today the completion of the Avalanche token sale, which raised $42M through the sale of its native token, AVAX. The Avalanche Token (AVAX) is a utility token for securing the network through staking, platform fees, and providing a basic unit of account between subnets–a set of nodes that validate blockchains on Avalanche. Proceeds from the sale will be used solely for the sustained growth and development of the Avalanche network (for more detailed information on token economics, please review the Avalanche Public Sale Info page). “It’s clear that the market was craving a project…

Continue Reading AVA Labs’ Avalanche blockchain raises $42M in public token sale

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