What is Aptos?

Symbol: APT · Market cap rank: #96

Short answer

Aptos (APT) is a cryptocurrency currently ranked #96 by market capitalisation. It is classified as Layer-1 blockchain.

Source: isthiscoinascam.com

Overview

Aptos is a Layer 1 blockchain project founded by the original creators of Diem, focusing on safety and scalability. It utilizes the Move programming language and the Move VM for application development.

The project operates on a proof-of-stake consensus model and aims to provide a high-performance blockchain suitable for various use cases. Aptos raised $200 million from investors, including a16z, Multicoin, and Binance. It launched its Devnet in March and an incentivized testnet in May, with plans to launch the mainnet in the third quarter.

Launched: 2022

Headquarters: Singapore

Scam-risk analysis

Aptos is rated CC on isthiscoinascam.com. Is Aptos a scam?

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