Verified OGs:
8
CryptoFam:
201
Projects:
24963
BTC:
$109488
0.72%
ETH:
$2658.93
3.21%
ETH Gas
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Avarage
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Data by Etherscan
Market Cap:
$3.47T
Fear&Greed:
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Avalanche AVAX Logo
Avalanche AVAX
$18.68 2.87%
OG Score 55.90
Reviews 6
Avalanche AVAX Logo Avalanche AVAX Price
$18.68 2.87%
Low All Time High
$2.8 $144.96
About Avalanche

Avalanche is a high-efficiency smart contract platform leveraging a proof-of-stake protocol and a unique Subnet structure, offering customizable blockchains More

OG Score 55.90
Reviews 6
Market Cap $7.89B
Market Cap Rank # 20
Token Stats
Fully Diluted Valuation $8.54B
24H Trading Volume $254.11M
24H Low / High $17.93 / $ 18.69
Circulating Supply 422.28 M
Total Supply 457.28 M
Max Supply 720.00 M
Info
Categories DragonFly Capital Portfolio 14 more
Founder Emin Gün Sirer
Website avax.network
Socials 4 more
Chains Avalanche Ecosystem
Explorer Milkomeda 9 more
AVAX/USD Price Chart
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OG Evaluation

OG Score
OG Score Rank #36
Reviews 6
Gem Score 29.10
Innovation 58 .48
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 62 .54
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 45 .83
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 54 .70
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 67 .70
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 59 .28
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

OG Reviews

Markets

Name Pair OG Score

About Project

What is Avalanche (AVAX)?

Avalanche is a smart contract blockchain platform with high transaction efficiency that enables the launch of decentralized applications (dApps) and custom blockchain networks. Supported by validators ensuring network security through delegated proof-of-stake consensus protocol, the platform expanded significantly post its Mainnet launch in 2020, accommodating thousands of projects and highlighting its DeFi applications.

Avalanche allows the creation of customizable blockchains, termed Subnets, leveraging a subset of the existing primary validator set to secure the network. These Subnets operate independently, each with its own tokenomics, rules, and validators, distinct from the Avalanche Primary Network formed by the P-, X-, and C-Chains. Its unique architecture incorporates three distinct blockchains – X-Chain, C-Chain, and P-Chain – utilizing different consensus mechanisms, diverging from Bitcoin and Ethereum's approach of all nodes validating all transactions.

Distinguishing itself from Ethereum, Avalanche aims for high transaction throughput while continually enhancing its features through integration with DeFi and Ethereum-based projects. The AVAX token within the Avalanche ecosystem is utilized for paying network fees and staking, offering a unique structure to resolve scalability, interoperability, and usability challenges.

What is unique about Avalanche (AVAX)?

Avalanche stands out for its customizable Subnets, distinct consensus mechanisms across its X-Chain, C-Chain, and P-Chain, facilitating high throughput, scalability, and independence among its interconnected blockchains.

Who are the founders of Avalanche (AVAX)?

Avalanche was founded by Emin Gün Sirer, Kevin Sekniqi, and Maofan "Ted" Yin.

Who are the backers/investors of Avalanche (AVAX)?

Polychain Capital, DragonFly Capital, Galaxy, Andreessen Horowitz (a16z), HashKey Capital, Balaji Srinivasan, NGC Ventures, CMS Holdings, DeFiance Capital, Republic, Continue Capital, Fifth Era, Initialized Capital, Collab+Currency, Moonwhale Ventures, Naval Ravikant, Muhabbit Capital, Bitmain, Gains Associates, Metastable Capital, Lvna Capital, Ramtin Naimi, Three Arrows Capital.

What is the consensus mechanism of Avalanche (AVAX)?

Avalanche uses a proof-of-stake consensus protocol with a network of validators to secure its platform and validate transactions across its distinct blockchains.

Where can I buy Avalanche (AVAX)?

You can buy Avalanche (AVAX) on Binance, BybitBitgetOKXCoinbase cryptocurrency exchanges.

What are Avalanche (AVAX) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Avalanche AVAX. To access these ratings, evaluations, and comments, click here.

How to mine Avalanche (AVAX)? How can I stake Avalanche (AVAX)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Avalanche (AVAX)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Avalanche (AVAX) is ($422,275,259), max supply of Avalanche  AVAX is ($720,000,000) and the market cap of Avalanche  AVAX is ($7,888,551,723)

What is the Avalanche (AVAX) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Avalanche (AVAX)?

The current market price of Avalanche (AVAX) is $18. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Avalanche (AVAX) a good investment?

It is important to do comprehensive research before deciding whether Avalanche (AVAX) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Avalanche AVAX) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Avalanche (AVAX) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Avalanche (AVAX) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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