Axelar Network

I recently found a rather interesting project, I decided to share information with you, because today the team announced the launch of the main network, which means that we need to study it now, because in my opinion it is quite an interesting solution that the modern market definitely needs.

Today we will study the Axelar Network project and we will start with the fact that I will try to translate a document for you (White paper). I will not upload the entire document here, if it is interesting, write in the comments, I will give you a link there. I tried to squeeze out as brief and basic information as possible from the White Paper.

The Axelar network provides a single solution for cross-chain communication, which is necessary for two main categories of users.
The first are developers of various platforms, and in this case they will not need to deal with the most difficult technical part. It works by integration.
The second is the developers of DePs applications, they will use one simple protocol and ip to access all blockchains.
That is, Axelar will be a full-fledged blockchain with its own validators and its own token. At the same time, ordinary users also need such a solution, because access to all blockchains is access to all liquidity and the ability to freely move tokens from one network to another.

So in my opinion, the idea is really interesting and top venture funds such as Polichain Capital, Coinbase Ventures, Binance and others are interested in it.

In total, more than $ 28 million has been raised at this stage, and the exchange has also invested in the project cripto.com .

You can also highlight a private investment from Naval Ravikant, this is the angel list Seo platform. He invests in technologies and promising projects, so that what gets to him "on a pencil" should also be looked at.

Axelar Network partners.

Which blockchains exactly does Axelar Network plan to interact with?
The site already has information about the support of fairly large blockchains, such as Avalanche, Moonbeam has already been launched and this is also important for its scaling.

In addition, there is information on the site that Axelar will interact with Ethereum and Polkadot blockchains, and given Binance's investment in this project, I think the Binance smart-chein network will also be added.

Definitely a big plus is that the team first creates and tests all this and does not release the token yet.

One of the co-founders of the project is Sergey Gorbunov, a fairly young but smart guy, already a professor at one of the most prestigious educational institutions in the United States, and He was previously the chief cryptographer in the Algorithand project.

Looking at the Twitter of the project, it can be noted that not so many people have subscribed to it yet, but here we can highlight Bette Chen - this is the founder of Acala Network, you can also notice Anatoly Yakovenko, the founder of Solana, Jack Zampolin, one of the leading specialists of Cosmos, in general, serious uncles are actively interested in the project.

To date, there is no token yet, the network has just begun to develop and this is an excellent indicator.

Follow the channel so as not to miss the appearance of the Axelar token, I will definitely follow the news and will add to the channel from so that we become one of the first owners of the token. And as everyone knows, those who came in earlier got more X's.