Token Unlocks
Token Unlocks

@Token_Unlocks

12 Tweets 2 reads Feb 07, 2023
#Aptos is the new trend today
Let's review the tokenomics of $APT
In our thread, we will cover about ๐Ÿงต ;
- What exactly is Aptos
- Key Solution
- Team & Founder
- Investment
- Tokenomics
- Where to buy
- Conclusion
1/x What exactly is Aptos?
Aptos is a new L1 blockchain that uses proof-of-stake as its consensus method. It was developed by the same team that created the Diem blockchain.
Aptos's mission is to provide the world's most secure and production-ready blockchain.
2/x Key Solution
A parallel execution engine for smart contracts is based on Software Transactional Memory principles.
Transactions are divided into blocks, and the execution of each block must always lead to the same result.
Ref:malkhi.com
3/x Key Solution ( cont. )
The new technological solution, theoretically, will enable 160,000 transactions per second.
Ref: leewayhertz.com
4/x Team & Founder
Aptos was founded by Mo(Mohammad) Shaikh Co-Founder & CEO, and Avery Ching Co-Founder & CTO.
They started Aptos Labs together to keep improving the technology they had made for Diem.
5/x Investment
Aptos's use of a new way to order transactions has brought the company a lot of investment capital.
Aptos has raised a total of $350 million over three fundraising rounds.
Ref:crunchbase.com
6/x Tokenomics
Total Supply of $APT: 1,000 M
Community (51%)
Core Contributor (19%)
Foundation (16.5%)
Investor (13.5%)
Source: token.unlocks.app
7/x Tokenomics (cont.)
To elaborate on the 51% Community Allocation part of ( 510M )
41% are Aptos Foundation
10% are Aptos Lab
Based on this statement, the tokenomic distribution will be as follows:
Foundation (57.5%)
Core Contributor (19%)
Investor (13.5%)
Aptos Lab (10%)
8/x Tokenomics ( cont. )
Both unlocked and locked (i.e., tokens that are not available for distribution) tokens can be staked.
This means locked VC tokens can be staked and get the most staking rewards.
Ref:aptosfoundation.org
9/x Where to buy?
According to the confirmation source, numerous CEXs are available for the $APT Trading Pair and Perpetual.
@upbitglobal
@HuobiGlobal
@binance
@FTX_Official
@coinbase
@okx
@bitfinex
10/x Conclusion
After doing a lot of research on the $APT tokenomics, we found that the project party controls most of the token supply. This could be an opportunity since the token unlock event won't happen for another 13 months.
This Thread DOES NOT CONTAIN FINANCIAL ADVICE.
11/x
If you've enjoyed the thread thus far, please go to the first tweet and retweet.
Follow @Token_Unlocks for Tokenomics-related news and updates โค๏ธ

Loading suggestions...