Thread by @CaesarJulius0

We are all #AVAX believers because it has the highest potential among all L1s to be the top blockchain in the system.

However, it is necessary to answer the question of ''Why?''.

In this thread, I will explain the reasons why we believe in #AVAX🧵

There are many reasons to be bullish on @avalancheavax🔺:

1) Team
2) Tokenomics
3) Best Product
4) Broad landscape of projects
5) Strong community

Before discussing all the points, we need to answer what is @avalancheavax?

The easiest way to explain Avalanche is as the foundation of platforms, which ultimately consists of tens of thousands of subnets to produce a diversified, integrated network of numerous blockchains.

It can provide exceptional decentralization and be able to comply with regulatory constraints thanks to the innovative Avalanche Consensus procedures.

A great video explaining @avalancheavax

Now, we can dive into the point of why #AVAX has the best potential among all competitors!👇👇

1- Team

I believe that every project's destiny depends on the team, if the team is not experienced enough or does not have the qualities for the job, it is doomed to fail.

There are many great people in the @avalabsofficial team who are the best in their expertise areas😎💪

@el33th4xor, @kevinsekniqi, @John1wu, @Lavery, @jayks, and @luigidemeo are some of the very well-known figures among the #AVAX🔺community

As it can be predicted that these incredible people are just a small portion of the builders of @avalancheavax !

You can find all the details about the whole team via the link:

avalabs.org/team

What I can say for the @avalabsofficial team is that they are one of the most responsive, active, and well-educated founders in the whole blockchain space.

Thus, they can build trust for #AVAX to shine and rise💪💪

2- Tokenomics

Tokenomics is a crucial part of all the projects as it lays the foundation and the vision of the project that the founders have designed📍📍

In this field, @avalancheavax has proven that they know the job!

Thus, we need to list the points why AVAX has a good tokenomics🧵

1- @avalancheavax🔺 has a fixed capped supply of 720 million tokens, which creates scarcity. In contrast to the majority of other staking systems, which have an infinite supply which increases inflation.

2- AVAX tokens are also burned in order to pay for other network services in the main network, such as transaction fees, subscription-style charges for building subnets, and costs associated with building blockchains.

3- Instead of fees going to a select few validators, it enhances the scarcity of AVAX for all token holders, leading to deflationary pressure when the amount burned surpasses the minting rewards. Possibilities for both a great store of value and a payment system

If you want to learn more details on #AVAX tokenomics, there are great resources:

a)avalabs.org/whitepapers
b)

https://twitter.com/CryptoSeq/status/1386267683272921089

3- Best Product

It is clear that without a superior product, no project has a chance to exist in this competitive space!

In this field, Avalanche has the best technology among all its competitors.

To understand the superiority of #AVAX among all of its competitors, we can check different analysis, articles and reports👇👇

Great article by @CryptoSeq on the comparison between #AVAX, #ATOM and #DOT

medium.com/avalanche-hub/…

There is also another great article that compares heterogeneous blockchain networks, including @avalancheavax !

medium.com/@arikan/a-comp…

Moreover, there is also an exciting analysis of #AVAX and #SOL by @saleswallet

medium.com/general_knowle…

4- Broad landscape of projects

If you do not have dapps on your blockchain, it is not a good platform to be built on.

However, #AVAX has many potential projects that can overthrow their competitors in the near future💪💪

Firstly, you can find all the projects that are developed in @avalancheavax🔺

avax-projects.com

There are many projects in different areas, it is not possible to introduce all, but I will try to summarize🧵

1) DeFi- @BenqiFinance , @traderjoe_xyz , @YetiFinance , @ProjectDegis , @Platypusdefi , @vector_fi , @echidna_finance , @yieldyak_ @dexalotcom , @pangolindex

2) GameFi- @heroesofnft , @PlayCrabada , @PlayAscenders , @DefiKingdoms , @metaderby , @ImperiumEmpires

3) NFT- @GetKalao , @NFTradeOfficial , @joepegsnft , @AvaxApesNFT @chikn_nft @SnailTrailGame , @guventurkcem , @thepersonNFTs

4) Launchpad - @AvalaunchApp , @LydiaFinance , @penguin_defi, @AvawareAVE

Even though, there are more many promising projects such as @Colonylab and @AvascanExplorer, it is impossible to list all the projects.

As the #AVAX ecosystem grows, we'll see a brighter future with promising projects🔺

5- Strong community

I believe that it is the best part about @avalancheavax!

As #AVAX community, we are a great community in the sense that people always help each other while solidarity comes first compared to competition🔺

I can assure you that there is no other community that is more helpful, active, supportive, and cooperative🙏🙏

It is never too late to be early, @avalancheavax will grow and we will be a part of this historical success!

Thanks for the patience, I hope you like the thread🧵😍