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  • we're in this big wave of innovation and when you stick a new name with a new local and a new token that pumps and spikes with a charismatic ceo, it is very hard for the public and even VC to discern what's real and what's not, you know, and again, until you start seeing the users and you guys have some pretty Fast growth numbers going from even August to October when it comes to total value locked and wallets and users, I mean you guys are going up, you know, factors of 10 there, you know, that's real, the proof is in the pudding um it must feel good to be able to show those numbers after the last couple years have been talking about these ideas um, has that been important the last few months.

  • Absolutely, so we had tremendous growth in the last few months, we went from a few months ago, we had about 300 million tvl and we are currently sitting at 13 billion tvl uh, we have a bridge from ethereum to uh, to avalanche, there is a five billion of assets that people took out of ethereum brought over to avalanche because the experience on avalanche is so much better, it's cheaper, it's faster, it feels like a natural way of using an internet service and they get just as good service on, on avalanche, if not better.

  • So, uh and the number of users has been going up exponentially as well.

  • So just this month alone, our monthly active users are far far far about factor of three, higher than last month.

  • So it's been a fantastic, fantastic wave of growth and I'm really proud of, proud of what's happening, there is so much more to come.

  • So keep in mind that we are still a young chain and we've been around for only about a year and in that year we did so, so much so uh both like at the very lowest level we innovated at the protocol level, we innovated at the network level, but we're also doing new things at the business level.

  • Our partnerships with blue chip defi projects like a curve etcetera, that has been a big driver of growth.

  • Um and on a, we've been doing a lot of N.

  • F.

  • D.

  • Projects with people with tops major League baseball is issuing an FD cars on top of us.

  • So that's been wonderful.

  • And and there's also all sorts of exciting new directions that we're exploring with our business team creating new digital assets that nobody has even thought about.

  • Um so very, very soon you're going to hear about Ellos initial litigation offerings And people will be able to buy into lawsuits essentially will be able to support lawsuits using tokens and that's uh, this is all new.

  • It's because we have this holistic approach, we want to make the space much bigger.

  • It has much more potential.

we're in this big wave of innovation and when you stick a new name with a new local and a new token that pumps and spikes with a charismatic ceo, it is very hard for the public and even VC to discern what's real and what's not, you know, and again, until you start seeing the users and you guys have some pretty Fast growth numbers going from even August to October when it comes to total value locked and wallets and users, I mean you guys are going up, you know, factors of 10 there, you know, that's real, the proof is in the pudding um it must feel good to be able to show those numbers after the last couple years have been talking about these ideas um, has that been important the last few months.

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B1 avalanche growth level wave ethereum proud

AVALANCHE TO THE MOON ? Emin Gün Sirer on The Rapid Growth of Avalanche

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    林宜悉 posted on 2021/11/17
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