Brief description of the Aptos Blockchain and Ecosystem


Aptos is a layer-1 blockchain, built to make developing on blockchain easy and seamless. Aptos uses the Proof of Stake consensus mechanism and focuses on safety, scalability, upgradability, and reliability. It uses Move programming language which provides efficient smart contract programming.

Mo Shaikh and Avery Ching, both former Meta employees with years of experience in the blockchain business, co-founded Aptos Labs and it was launched on 12th October 2022.

The Aptos blockchain has a native token which is APT. The token, even though it was released recently it is among the top 50 cryptocurrencies. Currently, APT is worth $11.5 and has a market cap of over $2 billion.

The Aptos token is actively trading on big exchanges such as Binance, Kucoin, OKX, Huobi, and some other CEXs.




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