What is Aptos (apt)?

On October 17 the mainnet for a new Web3-focused layer one (L1) blockchain named Aptos ($APT) went live, and the crypto community is buzzing with excitement. To secure the network, Aptos launched with a set of 102 validators. They are mostly driven by the community and are staking today.

Who is Aptos labs?

Aptos Labs was founded by core contributors of Diem (developed by Meta) Full details and the complete technical stack of the Aptos Blockchain can be found in the Aptos Whitepaper.

What is Aptos protocol tokenomics?

Earlier today, Aptos Foundation provided an overview of the Aptos protocol tokenomics. The initial total supply of Aptos tokens ($APT) at mainnet launch was 1 billion tokens. Within the next couple of days, all major crypto exchanges are expected to list $APT, which is the native token of the Aptos blockchain:

What is the Aptos blockchain?

It’s just the beginning of the journey. The Aptos blockchain is being developed by a startup named Aptos Labs, which was founded by Mo Shaikh and Avery Ching. In its white paper, Aptos is described as “aa safe, scalable, and upgradeable Web3 infrastructure”.