Why Avalanche (AVAX) has the potential to be an incredible store of value
Avalanche (AVAX) shared why AVAX has the potential to be an incredible store of value? They are presented with an incredible opportunity to invest in projects at an early stage that have the potential to become the next Apple, Microsoft, Amazon and Google’s of the world.A quick overview of Avalanche can be read the information below:
Token Distribution
The token distribution details can be seen below. 360 Million AVAX were minted at launch, whilst the other 360 Million will be used as Staking rewards released over decades. Of the tokens that were minted, there are various vesting periods from 1 year to 10 years as detailed below.
Staking Rewards (50%)
Seed Sale (2.5%)
Private Sale (3.5%)
Public Sale Option A1 (1.%)
Public Sale Option A2 (8.3%)
Public Sale Option B (0.67%)
Foundation (9.26%)
Community and Development Endowment ( 7%)
Testnet Incentive Program (0.27%)
Strategic Partners (5%)
Airdrop (2.5%)
Team (10%)
About AVAX
AVAX is the main cryptocurrency of the Avalanche ecosystem. Users receive rewards and pay fees using this token
FULL DETAILS:
https://medium.com/avalanche-hub/why-avalanche-avax-has-the-potential-to-be-an-incredible-store-of-value-8ef6e68cbb60