Aptos Labs has finally released their much-awaited mainnet. The Aptos team has worked on this project for the last four years and they aim to make Web3 accessible to the mass. The Aptos mainnet is a pivotal step towards universal and fair access to decentralized applications while ensuring security, scalability, and constantly improving blockchain.
Aptos claims that they support rapid evolution of their blockchain technology to ensure their users have the optimal experience at all times. Developers will be able to work on improving their infrastructure without hampering user activity.
The mainnet has adopted the Move language which has been developed alongside Aptos mainnet. This language has been through rigorous testing and improved. It was developed for safe and efficient asset management.
The Aptos team has ensured to make their priority developer and user experience. They wish for Web3 to be accessible and easy to use for the mass. Aptos is constantly being upgraded and uses scalable products and world-class infrastructure. New key technical innovations will be introduced through the journey of Aptos using their team’s knowledge and decades of experience for Web3 to perform at its most efficient form.
The Aptos team has completed a $150 million funding with a $2.75 billion valuation. This funding was led by FTX ventures and Jump Crypto leads. Other important investors also contributed to the funding for this project by Aptos Lab.
With the launch of Aptos Mainnet Autumn, many cryptocurrencies exchange has begun adopting the network. Coinbase exchange has announced a few hours ago that they are working on adding the support for Aptos on the Aptos (APT) network.
They have warned their users not to exchange assets over other networks as the funds being transferred may be lost. Trading on this platform will resume once the liquidity conditions are met. Once there is sufficient supply in the network, Coinbase will announce the launch of trading in APT-USD pair.
