What is Avalaunch (XAVA)?
XAVA is the native token of Avalaunch, which is a decentralized network that serves as a fundraising and auction platform. It is powered by Avalanche. Avalaunch aims to be the blockchain platform that allows users to securely and transparently invest in legit projects they want to support.
Make sure to check the Avalaunch price chart above. It features both – the current and the previous XAVA price.
The Avalaunch crypto project provides users with a platform that is built with a user-friendly interface. With the help of the Avalaunch token, users can process thousands of transactions per second, which is much faster than most other blockchain platforms can offer. This contributes to the rising Avalaunch price.
The unique selling point of the Avalaunch token is that there are no whitelists or lottery systems. Everyone has a fair shot during token allocations. Investors appreciate this gesture, which is why the Avalaunch price has also been positively impacted. Besides, Avalaunch appreciates its long-term supporters by rewarding them as well.
Avalaunch Team
Mark Stanwyck is the founder of Avalaunch. He has a deep history in the field of tech and the digital space. Kal Ali is the COO of Avalaunch. He is also the founder and former CEO of the Orion Protocol. Kal Ali has a long history of being an investor in the blockchain space. Besides that, the core team also has Yanush Ali who is the CSO of Avalaunch. He also previously worked at Orion Protocol as a communications director. Yanush Ali is a strategist with profound experience in financial and business analysis.
Avalaunch Token
In essence, XAVA ensures that the fundraising listings are fair so that the investors on the platform gain trust in its services. You can participate in the ecosystem with your XAVA tokens in two ways – the first is by IDO Allocation Staking (or single-sided staking), and the second is by farming application (or liquidity provision).
XAVA is based on the ARC-20 token standard, and there is a total of 100 million tokens. During a seed round, 14 million XAVA tokens were sold. The XAVA price at the time was $0.02. There was also a private sale, during which almost 19 million tokens were sold at a price of $0.035.
