- Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX.
- Prior to the mainnet launch, the layer one (L1) blockchain project has been backed by millions stemming from VC firms and crypto exchanges like Multicoin Capital, Binance, FTX, and Andreessen Horowitz (a16z).
- An engineer from Paradigm stressed in a tweet that “Aptos is broken” and further noted that “Aptos is currently has lower [transactions per second (TPS)] than Bitcoin and a majority of tokens are either staked or ready to be dumped on retail investors”.
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
