After the creation of Bitcoin, many cryptographic projects have emerged tailored to users’ needs; there are proposals for all types of investors, from novices to blockchain experts.
The APTOS token arises from two former Meta workers who have used the Diem token open source to obtain funding and approval from the co-founders. You can sign up at the official site to learn more.
Revive Diem in the creation of APTOS
It is essential to know in the first place that APTOS is characterized by being a project based on Layer 1 blockchain technology, which hopes to solve the problems Solana presents concerning its periods of inactivity and the restrictions that can be present in the Ethereum environment.
According to its creators, Avery Ching and Mo Shaik are defined as a project based on what was originally the Diem token, adapted to Move technology, which offers security protocols among the most secure standards.
The main objective is to create an appropriate investment option as far as Web3 is concerned, guaranteeing optimal levels of scalability, security, and the possibility of automatic updating.
The decentralization of this project promises unlimited access without permission to its users and high performance in transactions enabled according to its modular architecture.
There are many proposals that these young people hope to promote through their cryptocurrency, where their users’ experience will be improved to the maximum.
The amount of TPS that they expect the blockchain to process is up to 160,000, which can be processed through the parallel execution of the engine known as Block-STM.
On the other hand, the transaction fees suggest they will be much lower compared to the Ethereum ecosystem and other cryptocurrencies.
This project has been considered the one that will be in charge of disappearing the Solana only. Hence, it is necessary to wait for its execution to visualize the positioning and integrity.
The scalability of APTOS
Aptos, to date, is supported by the FTX exchange platform; what was not expected is that before its official launch, it could be presenting problems with the project’s scalability expectations.
The offered amount of transactions per second has not been fulfilled; the speed is not justified for the publicity that was made, and the accurate amount of processing is four operations per second, much less than the scalability of Bitcoin, which is the crypto market leader and processes 10 Transactions per second ( TPS )
Aptos tokenomics
Many expectations have been created around the APTOS token, from the way it was made to the demands it is already undergoing by the alleged co-founders who had agreed to be included by oral agreement, and it was not.
We could be facing a DUMP of great magnitude in the crypto market; many relevant aspects are not very clear, such as the total supply of tokens, where an amount relative to 82% is kept in staking, which is controlled entirely by investors and creators.
The location of the remaining 18% that could be at 200 million USD- APT is unknown; it is there where it is assumed that the remaining amount will be reserved for a future fall.
On the other hand, the fact that there was no public offer where users could acquire the tokens is under discussion. Still, instead, they are reserved for institutions or private users.
Several platforms have joined the exposure of this crypto project; one of the most outstanding apart from FTX is Binance, as well as Bitfinex, Coinbase, and Huobi, which decided to bet on the token to give the growth opportunity that any beginner would yearn for.
These exchange platforms assume that the creation and issuance of Aptos could detract from Ethereum and Solana with the appearance of the APT/BTC, APT/USDT, and APT/BUSD trading pairs.
The minimum acquisition unit for future investors is called octal.
Therefore, the APT partition will be as follows: users in general 51%, contributors 19%, creators 16.5%, and institutional investors 13.5%.
Conclusion
When creating a token, there are many relevant aspects to consider carefully since ambition can be the worst ally, leading any project to direct failure.
When exposing the technical and potential specifications of crypto assets, one must be very reserved, without giving further details or exaggerating the characteristics and impact that this type of financial resources can have.
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