What Is Aptos (APT) And Why Is Everyone Talking About It?

Aptos (APT) has been making the rounds in the crypto spaces on social media for more than two months now. This new network caught the attention of many as the team’s vision for the network was praised. On Monday, October 17th, the project announced that its mainnet had finally arrived ahead of listings on exchanges. However, what would usually be a cause for celebration has drawn doubts from in the community. The Aptos Tokenomics At the start of the week, a good number of centralized exchanges had announced that they would be listing the Aptos (APT) token for trading. These included the largest crypto exchanges such as Binance, FTX, and Coinbase, all of which have already released reports regarding their listing of the token. Naturally, supporters of the project are in full support of the listings but some have begun to question Aptos Labs’ choices especially when it comes to the APT token. Related Reading: What Zombiechain? Cardano Tops Blockchains In Active Developer Counts The first thing that was called out by the community was the fact that the team was yet to release the tokenomics for the project even though they had already secured exchange listings. This was pointed out by Twitter users Cobie and MacnBTC who lamented the lack of transparency from the Aptos team. However, soon after, pictures of tokenomics from Upbit regarding the digital asset has begun to circulate on Twitter. This gave investors an insight into how ...