Axelar (AXL)IEO Developers have made Web3 a multichain world – choosing different blockchains, optimizing for unique technical properties, use cases, and markets. Demand for cross-chain services has grown rapidly, and Axelar meets this demand with minimum risk and maximum composability. Axelar is the universal overlay network, securely connecting all blockchain ecosystems, applications, assets, and users to deliver Web3 interoperability. Network Axelar Raises $35M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Axelar
Axelar has three components:
- A decentralized network.
- A set of gateway smart contracts that provide the connectivity between the Axelar Network and its interconnected external chains.
- A software development kit (SDK) of protocols and APIs.
In short, Axelar is blockchain infrastructure that enables users who own assets on one blockchain to use these assets in any application on any other blockchains, securely. It allows developers to build on the best platform for their use case, providing connections to users, assets and data on every other ecosystem, without excessive gas fees, additional development costs or rolling out their own cross-chain infrastructure.
DetailsIEO (Coinlist Launchpad): Mar 09, 2022 - Mar 09, 2022Token supply: 1,000,000,000 AXL Total tokens for sale: 50,000,000 AXL Hard cap: 75,000,000 USD Raised: 35,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: CANADA, CHINA, CRIMEA REGION, CUBA, IRAN, KOREA, NORTH KOREA, SYRIA, US NON-ACCREDITED INVESTORS | Token infoTicker: AXLType: Utility-token Token standard: ERC20 Token price in USD: 1 AXL = 1 BUSD Accepted currencies: USDC, USDT, BTC, ETH, ALGO, SOL Token distribution: Core team - 17% Company operations - 12.5% Seed - 13.4% Series A - 12.64% Series B - 3.5% Community sale - 5% Community programs - 35.96% |
Axelar Roadmap
- White paper
- Seed financing
- Initial design
- Testnet goes live
- Initial integrations with Bitcoin and Ethereum
- Testnet iteration
- Support of aritrary EVM chains IBC - compatibility
- Satellite, a decentralized asset transfer dapp launches on the Axelar Network with an initial set of networks and assets.
- Applications integrate with Axelar solutions
- Generalized cross-chain message requests
- Onboarding of more assets and chains
- Ecosystem of applications and solutions is built around the Axelar Network
- Empower all ecosystems and dapp developers to build on any blockchain and enable arbitrary cross-chain composability via the Axelar infrastructure stack