Automata Network
Automata NetworkName
Automata Network
Summary
Automata Network is a decentralized protocol that provides privacy middleware.
-It was founded in 2020 by Deli Ghong and Zheong Lheong Chua.
-It uses the Polkadot and Binance Smart chain platforms
Rating
Symbol
ATA
Overview
Automata allows an off-chain private solution for participants to vote without revealing their actual identities or preference in blockchain governance. Middleware allows for maximum privacy, they enable non intrusive integrations with existing blockchains and dApps. Automata allows absolutely minimal codebase changes.
Transactions are ordered in a first in first out system. It has a fully private system that ensures that no whales or alpha actors are able to manipulate or overly control
Historical Price Movement (in INR)
Technology
Automata network uses the programming language called Rust. Automata uses geode which are also called as compute nodes, along with geode provider and geode attestors.
It uses validators ( staking nodes ), which are used for the Proof of Stake (PoS) staking mechanism.
The protocol also consists of a control plane,Service plane and and compute plane which are pivotal for the efficient functioning of the protocol.
Use of Native tokens in the ecosystem: Automata network’s native token is called AUTOMATA or ATA. It enables users with the function of Storage and computation.
Miners are able to earn ATA tokens by processing transactions and running dapps for various users on the network
Protocol Reserve
350000000
Seed sale
50000000
Strategic sale
60000000
Team
150000000
Binance launchpool
40000000
Advisors
5000000
Ecosystem and Dev community
$300,000,000
Volume (As of 10th april 2022)
$6,535,108
Total Supply
$1,000,000,000
Circulating Supply
$172,252,000
Crowd Sales
It has raised $1M in funding
Funding
11/02/2022-Venture Round - NA
21/03/2021-Seed Round -$1M
Country
Singapore
Name of Organization
Automata Network
Year Incorporated
2020
Registered Address
Singapore, Central region, Singapore
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Zheong Leong Chua | Co-Founder | National University of Singapore - Doctor of philosophy(Phd), Computer Science | 4Yrs |
| Deli Gong | Co-founder | - | - |
Whitepaper 
