In the early morning of October 18th, Aptos, the "king of heaven" Layer1 project that had received a huge financing of 350 million US dollars, announced the official launch of the mainnet Aptos Autumn. Along with the announcement, a number of leading exchanges such as Binance, Coinbase, FTX, OKX, and Huobi have also announced that they will launch the Aptos mainnet token APT.
How popular is Aptos? Regardless of the attention the project has attracted, just this morning, a token with the same name (not Aptos’ APT) on MEXC soared nearly 20 times at one point...
However, just as the popularity of Aptos continued to rise, doubts arose in the market. Twitter user Paradigm Engineer 420 (couldn't confirm if he's actually a Paradigm researcher) tweeted more skepticism.
First, the TPS of the Aptos main network is even lower than that of Bitcoin after the launch of the main network. The promised 100,000 TPS is currently only 4 TPS, and most of the current transactions are not real transactions. Write metadata to the blockchain.
Second, the official Discord of Aptos was banned shortly after the mainnet launch, and users were unable to chat or ask any questions.
Third, the total supply of Aptos is about 1 billion, and about 820 million have been mortgaged so far, which means that more than 80% of the token supply is controlled by the team and investors, because there is no airdrop or other method to earn APT . Almost all token supply has gone to institutional organizations, there has never been a public sale or other way for users to acquire tokens.
Regarding these doubts, Odaily interviewed some Aptos ecosystem developers and relevant people for the first time, and got direct replies about the status quo of the mainnet.
First of all, the question about TPS,Although Aptos has officially announced the launch of the mainnet, the mainnet is still in the dry run stage (this stage has actually lasted for a week), and most ecological project parties plan to complete the deployment within the first day of launch, so the data of 4 TPS There will be a large deviation from the actual situation, because there is no actual user interaction for the time being.
According to Aptos official news, Aptos introduced a large number of stress tests in the test network stage. In less than 2 weeks, more than 800 million transactions were completed, with an average TPS of over 700, and the team was able to continuously achieve more than 4,000 TPS.
The second is about the issue of discord banning. Aptos officials have actually given an explanation for this issue - closing the comment function is to protect the community from fraud during this window. The developer is actively monitoring the above channels. Time to return to normal.
As for the last question about APT supply and distribution, a few points of information that can be clarified are:
First, Aptos has not announced the token economic model of APT before, so it is temporarily unable to obtain the most accurate supply and circulation data;
Second, Aptos had a community distribution activity before, that is, through the incentive test network to give APT rewards to qualified node operators, but this part of the rewards has not been released for the time being, and some node operators said that they may have to wait for a year;
Third, there is a picture marked AptosLaunch.io circulating in the community, which shows the token financing data of the DeFi project named Aptos Launch, not the data of Aptos itself;
Fourth, currently the most accurate source of information is only the official browser of Aptos (https://explorer.aptoslabs.com/), the total supply and pledged amount as of the date of publication are respectively1000791698.2 and 821163845.7, the specific distribution of these tokens and whether they are unlocked are still unknown.
All in all, since the Aptos mainnet has just been launched (it can even be said that it has not yet been fully launched), there will be a lot of vague information around the network. For users who intend to invest in this project, they should pay more attention to distinguishing the authenticity of the information at this time. fake. Given that Binance, FTX and other leading exchanges that have directly invested in Aptos all set the launch time at 9:00 tomorrow, there is still more time for further research before then.
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Update at 14:30 on October 18:
Although Aptos has not officially disclosed APT’s token economic model, South Korean exchange Upbit suspected of accidentally leaking relevant information in its launch report on APT. According to Upbit’s report, the total initial supply of APT is 1 billion pieces, of which 51.02% will be allocated to the community, 16.5% to the foundation, 19% to core contributors, and 13.48% to investors; the mainnet is online The circulating supply at that time was about 200 million pieces, and it will take about 10 years to gradually unlock to the maximum supply.
Update at 15:45 on October 18:
Aptos has officially announced the token economic model of APT, and the numbers are roughly consistent with the previous Upbit leaks. A detailed explanation of the economic model can be found"Detailed explanation of Aptos token economic model, initial circulation of about 130 million pieces"one article.
