Avalanche is a Layer-1 blockchain and smart-contract platform with native token AVAX, founded by Emin Gün Sirer, Maofan "Ted" Yin, and Kevin Sekniqi, and affiliated with Ava Labs and the Avalanche Foundation. With 1,109,878 followers and 28,118 posts since 2018, Avalanche's TwitterScore is 575 out of 1000, placing it at rank #231 out of 364,257 accounts tracked.
Avalanche's consensus protocol originated from research at Cornell. The network's Primary Network consists of the C-Chain, P-Chain, and X-Chain, with the C-Chain serving as an EVM implementation supporting Solidity smart contracts and Geth-compatible APIs. AVAX carries a capped supply of up to 720 million tokens, with 360 million minted at genesis, and transaction fees are burned.
Avalanche raised $42 million in under five hours in its first public AVAX token sale on July 15, 2020, offering 72 million AVAX. The Avalanche Foundation completed a $230 million private sale of AVAX tokens in June 2021, led by Polychain Capital and Three Arrows Capital, with R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, and Lvna Capital also participating. Three Arrows Capital was subsequently reportedly ordered into liquidation by a British Virgin Islands court in June 2022.
Avalanche lists BlackRock, Franklin Templeton, Apollo, FIFA, and the state of Wyoming among enterprises and institutions running infrastructure on the platform.
Avalanche has been mentioned by 2,315 accounts, with 14,115 total mentions recorded on the platform.
Avalanche's ecosystem spans Securitize, Bloktopia, LFJ.gg, Bubblemaps, ImperiumEmpires, LayerZero, Trustless Media and Genius.
Smart Followers
Avalanche draws followers from across the crypto and institutional investment landscape. The accounts that follow Avalanche include 1,887 founders, 313 angel investors, 1,627 influencers and 244 VCs, among them Chris Dixon, Toly, Ansem, Laura Shin, Stani and CoinDesk.