Avalanche AVAX
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Bearish 
Fundraising Statistics
$36.69 -0.61%
$0.5
Polychain Capital Tier 1
a16z (Andreessen Horowitz) Tier 1 AVAXAvalanche
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Short Review Avalanche
Crypto project Avalanche (AVAX) is classified as a Blockchain. Avalanche is a Utility token that is hosted on the Avalanche Network. The current total supply is 415.55 M AVAX (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $9,450,000 (4.72% of total tokens) have been allocated for the public sale. The level of social activity of the Avalanche project is assessed as High.
Avalanche ICO Overview
Public sale of tokens will take place on the Tokensoft Launchpad. Estimated date for the public token sale: 15 July 2020. Avalanche (AVAX) price during the token sale: 0.5 USD. You can purchase project tokens for BTC ETH USDT USDC
AVAX Price Chart
The launch of AVAX token trading took place on 22 September 2020.
Fundraising Rounds
Total sold 132.70 M AVAX tokens (0.18% of total tokens). Total amount of funds raised by the Avalanche project is $285.97 M.
| Investment Round | Date | Price | Funds Raised |
| Venture Round | June 2021 | -- | $230.00 M |
| Public Sale Option B | July 15, 2020 | $0.85 | $4.10 M |
| Public Sale Option A2 | July 15, 2020 | $0.50 | $29.88 M |
| Public Sale Option A1 | July 15, 2020 | $0.50 | $3.60 M |
| Airdrop | July 2020 | -- | -- |
| Private Sale | June 2020 | $0.50 | $12.45 M |
| Seed Round | February 2019 | $0.33 | $5.94 M |
Avalanche Investors
Polychain Capital Tier 1 a16z (Andreessen Horowitz) Tier 1
Dragonfly Capital Tier 2
Fundamental Labs Tier 2
Galaxy Digital Tier 2
Lemniscap Tier 2Avalanche cryptocurrency (AVAX)
Avalanche is fast, cheap and a green ecosystem that allows decentralized blockchains to interact. Avalanche is known for its extraordinary scalability, as well as its instant transaction speed of four and a half thousand transactions per second.
The project gives people the opportunity to create DApps and smart assets built on a fast, private and permissionless platform that also acts as a marketplace for decentralized finance users who have the ability to set up, sell, buy, exchange and store your funds. AVAX is the project's native coin, designed to provide security through staking, payment of fees, and delivery of the base currency unit between multiple subnets running on Avalanche.
Overview of the Avalanche (AVAX) Project
Avalanche was launched on the mainnet in September 2020 by Ava Labs, based in Singapore. Avalanche has grown since then. Over 450 individual projects have joined, over $118 million in AVAX has been burned, and the trust of over 1.5 million community members worldwide has been earned.
Avalanche targets 3 broad use cases:
- Development of application-specific blockchains spanning private and public deployments.
- Build and launch decentralized applications.
- Create arbitrarily complex digital assets using custom rules, agreements and smart assets.
Avalanche (AVAX) Benefits
< ol>Disadvantages of Avalanche (AVAX)
- Too kind to attackers. Malicious activity is not punished for errors or fraud. It's called "slashing". Ethereum, for example, has at least thirty-two ETH required for network validation. It has a special protocol for validators who break the rules. Avalanche's official website states: "Staked tokens are never at risk of being slashed."
- Too Expensive. AVAX may seem overpriced for small investors. Thus, this creates a narrow barrier to entry for new crypto enthusiasts.
