Coinbase, Binance, and FTX announce support for New altcoin project 'Solana Killer'
Three of the world's largest cryptocurrency exchanges are supporting the launch of a highly anticipated digital asset project.
The Aptos chain uses a programming language that was originally created for Diem, the tech giant's former Meta cryptocurrency project but was eventually abandoned. Aptos focuses on Diem's original goal of creating a super-fast and scalable blockchain.
According to Aptos, the blockchain on day one is working "as expected."
Coinbase said that APT/USD trading will be rolled out on the platform in phases, once there is a sufficient supply of altcoins.
The day before the launch, Aptos announced the token of the project, revealing that at the time of the mainnet launch on October 12, there were 1 billion tokens in circulation.
Of the existing APTs, 51% go to the community, 19% to major contributors, 16.5% to the Aptos Foundation, and 13.48% to seed investors. APTs held by private investors will be locked down for a year, with the entire circulating supply released over the next decade.
Oct 19, 2022