What Is Aptos (APT) And Why Is Everyone Talking About It?
Aptos (APT) has been making the rounds in the crypto spaces on social media for more than two months now. This new network caught the attention of many as the team’s vision for the network was praised. On Monday, October 17th, the project announced that its mainnet had finally arrived ahead of listings on exchanges. However, what would usually be a cause for celebration has drawn doubts from in the community. The Aptos Tokenomics At the start of the week, a good number of centralized exchanges had announced that they would be listing the Aptos (APT) token for trading. These included the....
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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....
Aptos (APT) had been off to a turbulent start last week after launching to much uncertainty in the crypto market. However, the project looks to have found its footing in about a week. Interest in the blockchain has skyrocketed, so the development of various projects has followed. So far, Aptos has taken the fight to […]
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token has managed to situate itself within the top 60 largest crypto market capitalizations in existence. Aptos Market Cap Climbs Over $1 Billion, APT Transactions per Second Increases From 4 to 16 A new token has entered the top 100 largest crypto market caps after....
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 […]
Developers cite business development opportunities, protocol expansion and the technical capabilities of the Aptos chain as the main reasons for the proposal. On Oct. 20, developers of the popular decentralized exchange, or DEX, PancakeSwap proposed deploying its mainnet on layer-1 blockchain Aptos.Currently, PancakeSwap is based on BNB Chain and processes about $47 million worth of trading volume each day. However, its developers have introduced the DEX's first multichain migration proposal after the launch of Aptos on October 17, writing: "Aptos is a next-generation L1 with low....