Aion

Aion

AION #4980
L1 Protocol Watch

Project Safety Score: 40%

Updated 38 minutes ago
AionAION
Market Cap$154058
24hr Volume$32899
24hr Change0.0%
Price$0.0002738374826827975
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
99 AAA
100% · high
Developer
Health
25 D
100% · medium
Network
Security
44 CC
100% · high
Social
Behavioral
28 D
33% · low
Adoption
& Liquidity
4 F
100% · high

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AION Aion Details
Smart Contract PlatformProof of Stake (PoS)Proof of Work (PoW)

Aion is a revolutionary multi-tier blockchain platform that has been created to solve the pressing issue of limited operability between existing blockchains while still remaining capable of handling its own applications. It supports custom blockchain architectures, and it provides cross-chain interoperability. The Aion project comes at a very appropriate period, in a time where there’s an ever-growing number of blockchains.Thus, interoperability is more important now that it ever has been. Interoperability will expand the horizons of multiple other blockchain platforms, not to mention those of enterprise-oriented companies.

The project is led by Matthew Spoke, the CEO of Nuco and board member on the EEA. Other big names include Jin Tu, Nuco’s CTO, who has more than 15 years of experience in enterprise engineering and more than four years in the blockchain industry, and Peter Vessenes who has co-founded the Bitcoin Foundation.

The token is the blockchain’s power-source. It’s used for securing the network, for creating new blockchains, as well as for monetizing inter-chain bridges. AION token is actually an ERC-20 token. In fact, the token is first offered as an ERC-20 token on the Ethereum blockchain, and only then it can be changed to the official AION network token. When that happens, the token can freely stream between two blockchains. The best thing about this is that investors are not required to change their Aion Ethereum token (ERC-20) for the Aion-1 token, as they will always be interchangeable.

In order to buy AION, you will need to first purchase another cryptocurrency, preferably Bitcoin or Ethereum. Fortunately, AION is supported by some very popular crypto exchanges out there such as BitForex, Binance, Ethfinex, Liqui, and Bancor Network. There's a good chance that Aion, with its unique approach of solving interoperability issues, will become somewhat of a necessity for the cryptosphere in the following period.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

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100%
Profile Status
Data completeness
No missing data
High confidence

Market Stats

All-Time High$11.31
All-Time Low$0.0002
Circulating562644455
Total Supply562647482
Launch2017-10-19
Posts from the AionNetwork
community on Reddit

Developer Activity

GitHub stars⭐ 339
Forks119
Watchers84
PRs merged705
View on GitHub →

Aion GitHub