We listed a new cryptocurrency, APTOS (APT), on Millionero this week. Let’s learn more about what Aptos is and how this project works.
Introduction
Aptos is developed by the same team which previously created Facebook’s blockchain project Diem, previously known as Libra in 2019 but the project was shut down later due to regulatory concerns.
How it works
Aptos is a Layer-1 blockchain project aimed at creating a more efficient, scalable, and user-friendly platform for decentralized applications and smart contracts. Basically the project is working towards making blockchain technology more accessible for developers and users by making it easier and simpler to use.
Aptos (APT) aims to create a blockchain network that operates with minimal delays and uses resources effectively. It also supports smart contracts, which are self-executing contracts with the terms of the agreement directly written into code
Use Case
- Decentralized Applications (dApps): Aptos provides the facility where you can build apps related to finance, metaverse or gaming etc and run them on blockchain without need of a centralized company.
- Smart Contracts: Aptos allows the creation of self-executing contracts that automatically perform actions when certain conditions are met. For example, payments can be released automatically once a service is delivered.
- Low-Cost Transactions: Aptos enables fast and cheap transactions, making it easier for people to send and receive money without high fees.
Market Insights
Currently, APT is ranked 26th by overall market cap on CoinMarketCap. It has a market cap of $3.5 billion, and the trading volume over the last 24 hours is $116 million. The total supply of Aptos is 1.1 billion, with 484 million Aptos (43.52%) currently in circulation.
Explore Aptos on Millionero
Interested in learning more about Aptos and how it can benefit your crypto portfolio? Visit Millionero to start trading Aptos (APT) today and stay ahead in the crypto market!