Avalanche (AVAX) Facts
May 27, 2021
- The Avalanche project was created under the leadership of Emin Gün Sirer, Cornell University professor and CEO of Ava Labs. With the help of Kevin Sekniqi and Maofan Yin, he the Avalanche network and its native token, AVAX, in September 2020
- For those looking to launch their own digital assets or cryptocurrencies, the Avalanche project offers a solution without the need to develop a new blockchain
- The Avalanche network’s native token, AVAX, acts as a payment and reward system for users within the network
- The total supply of AVAX is capped at 720,000,000 AVAX tokens
- At the time of writing, AVAX’s lowest price was ₺23.49 (31 December 2020). Its highest price was ₺504.85 (10 February 2021)
- Access the Avalanche platform and AVAX site at https://www.avalabs.org/
- Dive into the technical details of Avalanche in its whitepaper at https://www.avalabs.org/whitepapers
