Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Avalanche launched mainnet, on September 21, 2020. Since then, the platform has grown to secure over 450+ individual projects, $118M+ of AVAX burned (reducing supply), 1,350+ individual block-producing validators, and over 1.5M+ community members around the globe.AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.