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👉 What is Aptos? Aptos is Proof-of-Stake blockchain that uses the Byzantine Fault Tolerance, to verify its transactions. It was created by two guys who had previously worked on Diem’s Novi Wallet. Diem was the Facebook-funded crypto project originally known as Libra, a blockchain-based stablecoin payment network that began in 2019 and ended in 2022. 👉 What is APT token? Aptos launched with a supply of 1 billion APT tokens. Of these 1 billion APT tokens, 51% went to the community, 19% to core contributors, 17% to the Foundation, and 13% to investors. From the investors and core contributor portions, these funds are being released according to a four-year vesting schedule. This means these tokens cannot be dumped onto the market at once, which would likely lower their value. At the time of this video, over 80% of all APT tokens in circulating supply were staked on the Aptos network, making around only 20% available for trading. 🤓 Read my full article here: https://www.iexplaincrypto.com/aptos-... Timestamps ⏳ 00:00 Intro 0:12 What is Aptos ? 1:11 How does Aptos work ? 1:46 Byzantine Fault Tolerance explained 3:12 What makes Aptos unique ? 4:48 APT Tokenomics #aptos #apt