APT(Aptos) Project Analysis-CoinW Institute

CoinW Exchange
2 min readOct 18, 2022

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APT(Aptos) Project Analysis

1.Institute short comment

Aptos is a smart contract platform for L1, formerly known as libra developed by facebook’s development team, which uses BFT consensus mechanism and parallel computing mechanism. The project team is strong, and many developers on Solana migrated to Aptos for development, and they have very rich experience in public chain development. The team is also well funded, receiving investment from top investment institutions binance labs, ftx ventures, a16z.

2. Recent breakout point

Mainnet landing online

3. Project Introduction

Aptos is a Layer1 public chain project, whose goal is to build a scalable, secure, trustworthy and scalable smart contract platform.

4. Role of Token

Pledge, main network transfer

5. Token allocation

Total amount: 1 billion

51.02% Community

16.5% Foundation

19% Core Contributors

13.48% Investors

The specific distribution scheme is as follows.

Community and Foundation: 410,217,359.767 held by Aptos Foundation and 100,000,000 held by Aptos Labs. The unlocking is expected to be completed within ten years. Details of the allocation are as follows.

- 125,000,000 APTs to support ecosystem projects, grants and other community building

- 5,000,000 APT initially planned to support the Aptos Foundation

- 1/120 of the remaining community and foundation tokens are expected to be unlocked monthly over the next 10 years

Core Contributors and Investors: All investors and core contributors will be locked in for 4 years, with no APT distribution for the first 12 months and 3/48 of the APTs to be unlocked in the 13th month after the mainnet launch, and monthly thereafter, with full unlocking in the 18th month.

6. Investment institutions

a16z, binance labs, ftx ventures, Jump Crypto

7. Future Outlook

The ecology of aptos is very strong, there are currently 160 ecological projects in development and operation. As the ecology explodes, the need for project tokens aptos will also grow.

Basic information

Project Introduction

Token name: APT

Project website: https://aptoslabs.com/

Block query: https://explorer.aptoslabs.com/

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CoinW Exchange

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