Avalanche ,an open source platform for Decentralized applications  a new interoperable blockchain network

Introducing Avalanche blockchain network

Avalanche is revolutionary blockchain network that is featuring entirely new innovation.The predominant problem associate to blockchain is scalability . Avalanche implements proof of Stake consensus algorithm unlike bitcoin and ethereum network which utilized Proof of World (PoW) . Avalanche Consensus protocols offers full decentralization and solves problems associated to the traditional blockchain system .i.e Bitcoin and Ethereum. It takes several minutes to authenticate transactions in both Bitcoin and Ethereum Networks and the charges applicable in executing transaction is extremely high . Avalanche with its proof of Stake concepts has overcome the problem of speed. The transaction fee in applicable in executing transactions in Avalanche platform is very moderate compared to the existing blockchain networks.During Avalanche test net , the speed of 6,500 transaction per second was achieved .This has been a great achievement so far in blockchain history . Avalanche network speed supersedes any ever existing blockchain network.

Avalanche is an open source network where anyone can build and customize their their blockchain , DApps and projects. Startup project can also implements Avalanche network to kicks start the funds raising project .More so, blockchain projects willing to scale and expand their scope of services can also migrate into Avalanche blockchain network. Bitcoin , Ethereum and some other blockchain networks implements Proof of Work Mechanism in executing their various transactions while Avalanche Mechanism implements Nodes system.In this case, when a Node observes a transaction, it validates it .The nodes determined whether the transaction is validated or not.

KEY TECHNOLOGICAL FACTS ABOUT AVALANCHE BLOCKCHCAIN

1. Avalanche have high speed smart contracts platform which supports Sub-second Finality and Visal level throughput.
2. Avalanche offers full support for Ethereum Virtual Machine (EVM) .It supports Ethereum tools such as Truffle Suite, Remix, MetaMask and MEW.
3. Avalanche supports application-specific-sharding, empowering developers to launch applications that conform to their own specific needs.
4. Avalanche supports not just application-level-improbability but also network-level-improbability. This enables developers to not only control the execution of their decentralized apps but also securely manage private data.
5. Avalanche fully supports non-fungible tokens (NFTs), with plans to create a registry so you can discover and explore the entire universe of NFTs on Avalanche.

AVALANCHE (AVAX) TOKENOMICS

AVAX is the native currency and token of Avalanche platform . AVAX Cap is 720M tokens and 50% of it will be on Mainnet (360M). AVAX functions as the base unit of account in Avalanche network ,it provides the base security guarantees, AVAX can be used for operation and also serve utility functions in Avalanche network.Avalanche network implements token burning approach which increases scarcity of AVAX .All transaction fees relating to AVAX are burned in the network.

AVAX TOKEN SALE

The token sale will start on July 8th starting from 10.00 AM and will run till July 22nd . Interested investors can purchase token with three options. The token sale options is divided into Public Sale option Al, Public Sale option A2, and finally Public Sale B .Public Sale option A1 :A pool of 12 million AVAX token will be offered for sale in Public Sale option A AND B.
Public Sale option A2 have a pool of 5 million AVAX token. The total AVAX token that will be offered for public sale is 17 million AVAX which is 4.2% of mainnet supply

Public Sale option A1 : It will be available at the rate of 0.50$ /token and the vesting period will be 1 years with quarterly unlocking . This term of sales is equivalent with the private sale terms.The maximum purchase per participant is $25,000 USD

Public Sale option A2 : Staking round #2 - 18 months vesting period 1.5 years. Participant in public sale will buy token at the rate of 0.50$ per token , this options allows 18 months vesting schedule and will be unlocked every quarter of the year . There is no maximum purchase for the investors.

Public Sale option B : This Sales option does not have any vesting period and the tokens to be purchased will be fully unlocked. The main difference is just the price. It cost 0.85$ per token .The maximum an investors can buy in this sales option is AVAX worth $5,000 USD .

Official Resources of Avalanche Network

Website: https://www.avalabs.org/
Whitepaper : https://www.avalabs.org/whitepapers
Token Sale platform : https://info.avax.network/
Github : https://github.com/ava-labs
Documentation : https://docs.avax.network
Avalanche Career : https://www.avalabs.org/careers
Telegram : https://t.me/avalancheavax
Avalanche hub : https://community.avax.network/
Facebook : https://www.facebook.com/avalancheavax
Reddit : https://www.reddit.com/r/avax/
Linkedin: https://www.linkedin.com/company/avalancheavax/