‘Performing as expected’ — Aptos Labs defends day 1 criticism
Aptos’ blockchain claims to handle three times the amount of transactions per second than Solana but day one of its launch saw the network transacting a much lower amount. After four years of development and millions in funding, the layer-1 blockchain Aptos (APT) finally launched its mainnet on Oct. 17, albeit to somewhat mixed reception.The proof-of-stake (PoS) blockchain has seen millions invested in it from venture capital firms and has previously claimed the ability to process 160,000 transactions per second (TPS).However, some members of the community have pointed out that the claimed....
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Aptos Labs, the firm behind the APT token, has urgently demanded a halt in the listing of the $APT token. This need for the halt came after the Aptos Tokenomics was accidentally revealed. Hence the company has called for a temporary halt in the token listings. Before now, several major crypto exchanges plan to list […]
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.” Access to Aptos’ in-House and External Investor Base Blocto, a multichain wallet and crypto ecosystem, has announced the launch of a $3 million Aptos Ecosystem Fund to be used for onboarding new users to Aptos, a layer one proof of stake blockchain. The launch of the fund follows Blocto’s....
Despite trading in the red zone on the day, Aptos continues to hold decent gains in the last few weeks. Launched this October, the potential Solana killer has recorded huge trade volumes in just the first few trading days. The price of one APT token rose by more than thirty percent throughout the last weekend. Specifically, it increased from $7 to an all-time high of $10.25 on Sunday, October 23. Since then, there has been a retracement in the price of APT, which has settled at $8.89 at press time. There’s no telling where Aptos will go from here. But despite a 1.46% decline on the day,....
With Aptos, one of the most hyped blockchains at the moment celebrated its mainnet launch yesterday. Funded by numerous major crypto ventures – such as a16z, Jump Capital, FTX Ventures and Binance – the project has been surrounded by tremendous expectations since its inception and titled “Solana killer”. The project is a spin-off by former […]
Aptos, the newest blockchain in town, continues to make waves with a massive gain of over 18%. The price has been on a 7-day rally and is now trading at $8.79, representing a 0.74% decline from yesterday’s close. The team behind Aptos has been working hard to get their project off the ground. Despite experiencing a rocky start with the price falling sharply, they’ve managed to stabilize things and are now seeing some positive momentum. Related Reading: Can Elon Musk Influence The Next US Election? Aptos is poised to be one of the most exciting projects this year, especially in the....