Aptos is off to a rocky start, but its prospects may not be all that bad; D2T goes on presale
Join Our Telegram channel to stay up to date on breaking news coverage The eagerly awaited blockchain from ex-Facebook employees had a bumpy start. The much-anticipated blockchain called Aptos, which was created by young geniuses from Silicon Valley, has become this week’s crypto joke. People claimed that the project wasn’t appropriate after its rough (and harshly criticized) premiere on Monday. In its first 24 hours of trading, its token, APT, fell by approximately 50%, and the crypto network, which advertises a maximum transaction count of 100,000, initially only processed four transactions per second. At the time of writing, the project, which had prelaunch private funding rounds valued at $2 billion, has a $959 million market valuation. Do those data points make you cringe or do you laugh? I suppose it depends on how big your bag is. At CoinDesk’s first-ever I.D.E.A.S conference this week, we spoke with a few industry professionals and got the impression ...