![]() | Avalanche (AVAX) |
Status
ICO
Avalanche is the fastest, most reliable smart contracts platform in the world. Its revolutionary consensus protocol and novel Subnets enable Web3 developers to easily launch highly-scalable solutions. Deploy on the EVM, or use your own custom VM. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.
Funding: $350M
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What is Avalanche
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
Token Sale Dates
Presale Period
Start date: Feb 01, 2020
End date: May 31, 2020
ICO
Start date: Jul 15, 2020
End date: Jul 15, 2020
Token Allocation
Presale Token Supply 67,800,000 AVAX
Total Token Supply 720,000,000 AVAX
Total Tokens for Sale 139,824,000 AVAX
Funding Details
Funds Raised (as of now) 350,000,000 USD
Token distribution
50% - Staking Rewards
2,5% - Seed Sale
3,5% - Private Sale
10% - Public Sale
7% - Community & Dev-ment
5% - Strategic Partners
10% - Team
9,26% - Foundation
0,27% - Testnet
Token Price and Payment Options
Token price USD 1 AVAX = 0,85 USD
Project team

Emin Gün Sirer
CEO

Kevin Sekniqi
COO

John Wu
President

Lee Schneider
General Counsel

Chris Lavery
CFO

Nick Mussallem
SVP of Product

Patrick O'Grady
VP of Engineering

Jay Kurahashi-Sofue
VP of Marketing

John Nahas
VP of BD

Lydia Chiu
VP of Business Development

Patrick Sutton
VP of PR & Comms

Luigi DeMeo
Senior Director of Business Development: Head of Defi

Ed Chang
Director of Business Development, Gaming

Morgan Krupetsky
Director of Business Development, Institutional & Capital Markets

Aaron Buchwald
Software Engineer

Akash Gupta
Director of Product Management

Alvaro Cadeno
Head of Talent

Ben Pursell
Sr Technical Product Manager

Conor Leary
Senior Software Engineer

Connor Chevli
Senior UI Engineer

Connor Daly
Software Engineer

Daniel Laine
Senior Software Engineer

Danny Fenstermaker
Engineering Manager

Gabriel Cardona
Senior Test Engineer & Developer Evangelist

Elizabeth McCracken
Head of Finance

Stephen Buttolph
Chief Protocol Architect

Gyuho Lee
Staff Software Engineer

Jasper Zhang
Senior Data Scientist

Ted Yin
Chief Protocol Architect

Joanne Park
Chief Compliance Officer

Katherine Mayo
Director of Operations

Kevin Chen
Director of Strategic Operations

Kieran McShane
Technical Product Manager

Shiv Shankar
Senior Engineering Manager

Koyuki Nakamori
Director of Market Intelligence

Leart Ulaj
Technical Product Manager

Lucian Stroie
Sr Technical Product Manager

MacMillan Morse
Senior Technical Product Manager

Michael Kaplan
Senior Software Engineer

Michelle Tian
Technical Product Manager

Mike Buono
Senior Technical Product Manager

Nicolas Lemaitre
Community Manager

Todd Whatcott
Product Design Lead

Reed Wang
Lead Data Scientist

Wee Ming Choon
Deputy General Counsel

Sinan Mellaart
Director of Investor Relations

Yulin Dong
Senior Technical Product Manager
Advisors

Maureen O'Hara
Advisor

Adam Kravetz
Advisor










