Automata ATA Price

Automata has undergone a significant transformation into Automata 2.0, introducing a modular attestation layer for on-chain attestation in out-of-protocol computation. This upgrade, anchored by Proof of Machinehood, establishes a decentralized network of hardware attestations, aiming to enhance security and privacy across the Web3 stack.

Automata's Core Mission:

Automata, driven by its native token ATA, positions itself as a high-performance compute protocol for Web 3.0 applications. Focused on privacy-first, high assurance, and frictionless transactions, Automata aims to address challenges related to data ownership transparency, censorship, and personal privacy intrusion.

Key Products Overview:

Automata's product suite comprises a privacy-first cross-chain service plane, shielded and unbiased compute plane, elastic and scalable control plane, and a ledger plane. These components collectively contribute to an infrastructure designed to offer a seamless Web 3.0 experience.

Founders and Recognitions:

Established in 2019 by a team of blockchain developers and researchers, including former members of Zilliqa, Automata has garnered recognition through achievements such as the Web3 Grant (2020), participation in the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and a speaking engagement at Polkadot Decoded Mainstage (2021). The project has secured investments from prominent entities like KR1, Alameda Research, IOSG Ventures, and more.

Distinctive Features:

Automata Network distinguishes itself by positioning as a privacy service for DeFi and Web3. Its privacy middleware offers solutions like Witness for anonymous voting and Conveyor for MEV minimization, catering to secure transactions, identity control, and developer support through open-source code and APIs.

ATA - Native Token Utility:

ATA, the native token, functions as a utility token within the protocol. It facilitates participation in the Proof-of-Stake consensus mechanism, serves as payment for gas fees, supports staking, enables governance voting, and is involved in geode auctions.

Operational Roles:

The Automata Network operates through various roles, including Geode, Geode Providers, Geode Attestors, Validators, Control Planes, Compute Planes, and Service Planes. These roles collectively contribute to the integrity, security, and functionality of the protocol.

Where to Acquire ATA:

ATA is actively traded on major Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs), including Binance, Gate.io, and KuCoin. The liquidity and price of ATA may vary across exchanges and market conditions.

Conclusion:

Automata 2.0 positions itself as a notable player in the Web3 landscape, emphasizing security and privacy enhancements. With a focus on innovative products and an active community, Automata aims to contribute to the evolving landscape of privacy and high-performance computing in the Web3 era.

What is unique about Automata (ATA)?

Automata 2.0 introduces a modular attestation layer with on-chain attestation for out-of-protocol computation, creating an unbroken chain of trust throughout the Web3 stack. Its privacy middleware offers solutions like Witness for anonymous voting and Conveyor for MEV minimization, catering to secure transactions, identity control, and developer support.

Who are the founders of Automata (ATA)?

Automata was founded in 2019 by a team of blockchain developers and researchers, including Zheng Leong Chua, who holds a Ph.D. in computer science from the National University of Singapore, and Deli Gong, a former infrastructure lead at Zilliqa.

Who are the backers/investors of Automata (ATA)?

Automata has secured investments from prominent names like KR1, Alameda Research (founded by FTX CEO Sam Bankman-Fried), IOSG Ventures, Divergence Capital, Genesis Block Ventures, and Jump Trading.

Where can I buy Automata (ATA)?

You can buy Automata (ATA) on Binance, Gate.io, KuCoin, BingXPionex cryptocurrency exchanges.