Avalanche is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum development toolkit, and enables millions of full block producers. Just during the testnet, Avalanche observed a record 1,000+ block producers from independent parties across the globe, even surpassing testnets from some of the most highly anticipated networks and most of the major active mainnets. Avalanche also boasts one of the most egalitarian token distribution plans in the space, with less than 14% of mainnet tokens issued to private investors and almost 70% issued to people building on the ecosystem.

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Key Highlights

• Built on Groundbreaking Technology
  Avalanche is a breakthrough consensus protocol that is secure, decentralized, and achieves high performance–all while able to scale to thousands if not millions of participants.
• Built by a Pioneering Team
  Led by the creator of the first coin minted through proof-of-work and supported by pioneering researchers from Cornell University, Avalanche is bringing the third major accomplishment in distributed systems to the world after Classical and Nakamoto consensus protocols.
• Strong Traction and Ecosystem Growth
  Avalanche has attracted thousands of people to participate in development communities, thousands of validator nodes on its testnet, dozens of partners building full business solutions, an extensive and global community of grassroots supporters, and a wide-range of strategic partnerships across decentralized and institutional finance.
• Built to be Egalitarian and Fair
  Avalanche is purposefully designed to ensure the entire project is fair and open to the widest set of users. From light architecture that doesn’t require expensive hardware to its token economics, Avalanche is built by and for its community.
  

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Key Technological Facts

• Avalanche is a high-speed smart contracts platform that supports sub-second finality and Visa-level throughput.
• Avalanche features complete support for the Ethereum Virtual Machine, and thus, Ethereum tooling works out of the box. Truffle Suite, Remix, MetaMask, MEW, and all your other favorite Ethereum tools.
• Avalanche supports application-specific-sharding, empowering developers to launch applications that conform to their own specific needs.
• Avalanche supports not just application-level-programmability but also network-level-programmability. This enables developers to not only control the execution of their decentralized apps but also securely manage private data.
• Avalanche fully supports non-fungible tokens (NFTs), with plans to create a registry so you can discover and explore the entire universe of NFTs on Avalanche.

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Key Token Economics Facts

• AVAX is the native token of the Avalanche platform.
• AVAX is a capped-supply token. Cap is 720M AVAX tokens, and 50% of those tokens (360M) will be on mainnet.
• AVAX serves as the base unit of account in the Avalanche network, provides the base security guarantees, pays for operations, and provides a wide suite of utility services.
• AVAX transaction fees are burned, increasing scarcity of AVAX.

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• Public Sale Option A1 - [Staking Round #2 - 1 Year Vesting]
  This option allows participants to purchase tokens at $0.50/token, using a 1 year vesting schedule, with quarterly unlocking. This allocation follows the same terms as the Private Sale. The maximum check size is $25K USD.
• Public Sale Option A2 - [Staking Round #2 - 1.5 Year Vesting]
  This option allows participants to purchase tokens at $0.50/token, using a 1.5 year vesting schedule, with quarterly unlocking. There is no maximum check size for this allocation.
• Public Sale Option B - [No Vesting, Fully Unlocked]
  This option allows participants to purchase tokens at $0.85/token, with no lockups. In order to prevent concentration, incentivize distribution, and incentivize tokens for staking, this allocation will enforce a maximum check size of $5K USD.