LongHash Ventures is a Web 3 investment fund and accelerator actively collaborating with founders to build their Web 3 model and navigate the Asian crypto landscape.

Automata Network (ATA) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Automata Network has a current supply of 1,000,000,000 with 172,252,000 in circulation. The last known price of Automata Network is 0.39811185 USD and is up 14.80 over the last 24 hours. It is currently trading on 39 active market(s) with $14,454,151.23 traded over the last 24 hours. More information can be found at https://ata.network.

Automata Network

<h1>Team</h1>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1658594613133.image" /></p>
<h1 id="partners"><strong>Partners</strong></h1>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1658594621080.image" /></strong></p>
<h2><strong>Backers</strong></h2>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1658594624540.image" /></strong></p>

Team and Backers

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <p>
      To find out even more about this project, check out our deep dive of
      <a href="#">
       Automata Network
      </a>
      .
     </p>
     <h2 id="what-is-automata-ata">
      What Is Automata (ATA)?
     </h2>
     <p>
      <a href="#">
       Automata
      </a>
      is a high-performance compute protocol that empowers Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. Its mission is to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. It tackles the lack of transparency in data ownership, censorship, and intrusion into personal privacy.
     </p>
     <p>
      Automata’s products include:
     </p>
     <ul>
      <li>
       Privacy-first cross-chain service plane: Automata offers privacy services for various blockchains that let users control their data.
      </li>
      <li>
       Shielded and unbiased compute plane:the degree of privacy of computation in Automata can be stronger than in centralized web services like AWS.
      </li>
      <li>
       Elastic and scalable control plane: it is operated by a group of staking nodes and governs interactions between participants of the protocol.
      </li>
      <li>
       Ledger plane: Automata provides interfaces for multiple blockchains to exchange data and cooperate on the agreed set of data in an atomic and privacy-preserving manner.
      </li>
     </ul>
     <h2 id="who-are-the-founders-of-automata">
      Who Are the Founders of Automata?
     </h2>
     <p>
      Automata was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of
      <a href="#">
       Ziliqa
      </a>
      . Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while the other co-founder Deli Gong previously worked at Ziliqa as infrastructure lead. In total, the team numbers 11 people and has been a recipient of Web3 Grant (2020), a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team’s investors include illustrious names like KR1, Alameda Research, founded by
      <a href="#">
       FTX
      </a>
      CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures and Jump Trading.
     </p>
     <h2 id="what-makes-automata-unique">
      What Makes Automata Unique?
     </h2>
     <p>
      Automata Network aims to be recognized as the go-to privacy service for DeFi and Web3 with its proposition of privacy middleware. It aims to fill a gap in the market by providing privacy-focused solutions that integrate with existing blockchain infrastructure in an intuitive, seamless manner. Its applications are built for Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These allow users to transact safely, regain control of their identity, and offer better building blocks to developers with open-source code and APIs.
     </p>
     <p>
      Its anonymous voting service is called Witness and offers low-cost, off-chain voting, on-chain execution based on the results and different levels of privacy, ranging from private to public, based on the protocol’s requirements. The solution supports
      <a href="#">
       Ethereum
      </a>
      ,
      <a href="#">
       Binance Smart Chain
      </a>
      , and other
      <a href="#">
       Substrate
      </a>
      -based
      <a href="#">
       EVM
      </a>
      -compatible chains. Each of these functions can be used as standalone or together, e.g., if a project wants to use Witness as a signaling tool without on-chain execution.
     </p>
     <p>
      Conveyor is Automata’s MEV minimization solution that is chain-agnostic and works seamlessly with
      <a href="#">
       DEX
      </a>
      es like
      <a href="#">
       Uniswap
      </a>
      . It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Features include gasless trading, anti-front running, privacy on ordering, and integration with other DEXes.
     </p>
     <h4 id="related-pages">
      <strong>
       Related Pages:
      </strong>
     </h4>
     <p>
      Check out
      <a href="#">
       Monero (XMR)
      </a>
      — a privacy-focused cryptocurrency.
     </p>
     <p>
      Check out
      <a href="#">
       ZCash
      </a>
      — another cryptocurrency with a specific focus on privacy.
     </p>
     <p>
      Learn about privacy-focused cryptocurrencies in our
      <a href="#">
       guide to privacy coins
      </a>
      ..
     </p>
     <p>
      Learn more about Automata in our
      <a href="#">
       deep dive about ATA.
      </a>
     </p>
     <p>
      Get the latest crypto news and latest trading insights with the
      <a href="#">
       CoinMarketCap blog
      </a>
      .
     </p>
     <h2 id="how-many-automata-ata-coins-are-there-in-circulation">
      How Many Automata (ATA) Coins Are There in Circulation?
     </h2>
     <p>
      ATA is a
      <a href="#">
       BEP-20
      </a>
      and
      <a href="#">
       ERC-20
      </a>
      token with a total supply of 1 billion and a current circulating supply of 172 million. As the native utility token of the Automata Network, it has several use cases:
     </p>
     <ul>
      <li>
       Governance: ATA token holders can create and vote on proposals, platform features and network parameters.
      </li>
      <li>
       Mining rewards: Compute and storage miners earn ATA tokens by running applications and executing transactions for users on the network
      </li>
      <li>
       Protocol fees: Users pay miners for storage and computation tasks
      </li>
      <li>
       Geode allocation: Users can bond ATA tokens to participate in Geode auctions
      </li>
     </ul>
     <h2 id="how-is-the-automata-network-secured">
      How Is the Automata Network Secured?
     </h2>
     <p>
      ATA is
      <a href="#">
       BEP-20
      </a>
      and
      <a href="#">
       ERC-20
      </a>
      on the Binance Smart Chain.
     </p>
     <p>
      ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain.
      <a href="#">
       Ethereum
      </a>
      is secured by a
      <a href="#">
       proof-of-work
      </a>
      consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
     </p>
     <p>
      BSC is secured through the
      <a href="#">
       proof-of-stake
      </a>
      consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
     </p>
     <h2 id="when-will-automata-trading-begin">
      When Will Automata Trading Begin?
     </h2>
     <p>
      Automata raised $2.4 million in funding from the Binance Launchpool in June 2021. Before that, it closed a seed round in March 2021 with $1 million in funding.
     </p>
     <h2 id="where-can-you-buy-automata-ata">
      Where Can You Buy Automata (ATA)?
     </h2>
     <p>
      ATA is available on
      <a href="#">
       Binance
      </a>
      ,
      <a href="#">
       PancakeswapV2
      </a>
      and
      <a href="#">
       Gate.io
      </a>
      .
     </p>
    </div>
   </div>
  </div>
  <div class="sc-101ku0o-2 exKUGw">
   <p>
    Our most recent articles about
    
    Automata Network
    
    :
   </p>
   <ul>
    <li>
     <a href="#">
      What Is Automata Network (ATA)? Features, To

description

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <p>
      To find out even more about this project, check out our deep dive of
      <a href="#">
       Automata Network
      </a>
      .
     </p>
     <h2 id="what-is-automata-ata">
      What Is Automata (ATA)?
     </h2>
     <p>
      <a href="#">
       Automata
      </a>
      is a high-performance compute protocol that empowers Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. Its mission is to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. It tackles the lack of transparency in data ownership, censorship, and intrusion into personal privacy.
     </p>
     <p>
      Automata’s products include:
     </p>
     <ul>
      <li>
       Privacy-first cross-chain service plane: Automata offers privacy services for various blockchains that let users control their data.
      </li>
      <li>
       Shielded and unbiased compute plane:the degree of privacy of computation in Automata can be stronger than in centralized web services like AWS.
      </li>
      <li>
       Elastic and scalable control plane: it is operated by a group of staking nodes and governs interactions between participants of the protocol.
      </li>
      <li>
       Ledger plane: Automata provides interfaces for multiple blockchains to exchange data and cooperate on the agreed set of data in an atomic and privacy-preserving manner.
      </li>
     </ul>
     <h2 id="who-are-the-founders-of-automata">
      Who Are the Founders of Automata?
     </h2>
     <p>
      Automata was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of
      <a href="#">
       Ziliqa
      </a>
      . Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while the other co-founder Deli Gong previously worked at Ziliqa as infrastructure lead. In total, the team numbers 11 people and has been a recipient of Web3 Grant (2020), a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team’s investors include illustrious names like KR1, Alameda Research, founded by
      <a href="#">
       FTX
      </a>
      CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures and Jump Trading.
     </p>
     <h2 id="what-makes-automata-unique">
      What Makes Automata Unique?
     </h2>
     <p>
      Automata Network aims to be recognized as the go-to privacy service for DeFi and Web3 with its proposition of privacy middleware. It aims to fill a gap in the market by providing privacy-focused solutions that integrate with existing blockchain infrastructure in an intuitive, seamless manner. Its applications are built for Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These allow users to transact safely, regain control of their identity, and offer better building blocks to developers with open-source code and APIs.
     </p>
     <p>
      Its anonymous voting service is called Witness and offers low-cost, off-chain voting, on-chain execution based on the results and different levels of privacy, ranging from private to public, based on the protocol’s requirements. The solution supports
      <a href="#">
       Ethereum
      </a>
      ,
      <a href="#">
       Binance Smart Chain
      </a>
      , and other
      <a href="#">
       Substrate
      </a>
      -based
      <a href="#">
       EVM
      </a>
      -compatible chains. Each of these functions can be used as standalone or together, e.g., if a project wants to use Witness as a signaling tool without on-chain execution.
     </p>
     <p>
      Conveyor is Automata’s MEV minimization solution that is chain-agnostic and works seamlessly with
      <a href="#">
       DEX
      </a>
      es like
      <a href="#">
       Uniswap
      </a>
      . It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Features include gasless trading, anti-front running, privacy on ordering, and integration with other DEXes.
     </p>
     <h4 id="related-pages">
      <strong>
       Related Pages:
      </strong>
     </h4>
     <p>
      Check out
      <a href="#">
       Monero (XMR)
      </a>
      — a privacy-focused cryptocurrency.
     </p>
     <p>
      Check out
      <a href="#">
       ZCash
      </a>
      — another cryptocurrency with a specific focus on privacy.
     </p>
     <p>
      Learn about privacy-focused cryptocurrencies in our
      <a href="#">
       guide to privacy coins
      </a>
      ..
     </p>
     <p>
      Learn more about Automata in our
      <a href="#">
       deep dive about ATA.
      </a>
     </p>
     <p>
      Get the latest crypto news and latest trading insights with the
      <a href="#">
       CoinMarketCap blog
      </a>
      .
     </p>
     <h2 id="how-many-automata-ata-coins-are-there-in-circulation">
      How Many Automata (ATA) Coins Are There in Circulation?
     </h2>
     <p>
      ATA is a
      <a href="#">
       BEP-20
      </a>
      and
      <a href="#">
       ERC-20
      </a>
      token with a total supply of 1 billion and a current circulating supply of 172 million. As the native utility token of the Automata Network, it has several use cases:
     </p>
     <ul>
      <li>
       Governance: ATA token holders can create and vote on proposals, platform features and network parameters.
      </li>
      <li>
       Mining rewards: Compute and storage miners earn ATA tokens by running applications and executing transactions for users on the network
      </li>
      <li>
       Protocol fees: Users pay miners for storage and computation tasks
      </li>
      <li>
       Geode allocation: Users can bond ATA tokens to participate in Geode auctions
      </li>
     </ul>
     <h2 id="how-is-the-automata-network-secured">
      How Is the Automata Network Secured?
     </h2>
     <p>
      ATA is
      <a href="#">
       BEP-20
      </a>
      and
      <a href="#">
       ERC-20
      </a>
      on the Binance Smart Chain.
     </p>
     <p>
      ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain.
      <a href="#">
       Ethereum
      </a>
      is secured by a
      <a href="#">
       proof-of-work
      </a>
      consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
     </p>
     <p>
      BSC is secured through the
      <a href="#">
       proof-of-stake
      </a>
      consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
     </p>
     <h2 id="when-will-automata-trading-begin">
      When Will Automata Trading Begin?
     </h2>
     <p>
      Automata raised $2.4 million in funding from the Binance Launchpool in June 2021. Before that, it closed a seed round in March 2021 with $1 million in funding.
     </p>
     <h2 id="where-can-you-buy-automata-ata">
      Where Can You Buy Automata (ATA)?
     </h2>
     <p>
      ATA is available on
      <a href="#">
       Binance
      </a>
      ,
      <a href="#">
       PancakeswapV2
      </a>
      and
      <a href="#">
       Gate.io
      </a>
      .
     </p>
    </div>
   </div>
  </div>
 </div>
</div>

<p>Automata Network (ATA) is supported by major investors in the industry with a mobilized capital of 2.4 million USD. This proves to be a potential segment of DeFi in which not many projects have really exploited. With the increasingly strong development of DeFi, protocols and middleware will be equally important links that have been and will receive a lot of attention in the future.</p>

Verdict

<h2><strong>Key metrics</strong></h2>
<ul>
<li>Token Name: ATA Token.</li>
<li>Ticker: ATA.</li>
<li>Blockchain: Ethereum</li>
<li>Token Standard: ERC20.</li>
<li>Contract: Updating...</li>
<li>Token type: Utility + governance</li>
<li>Total Supply: 1,000,000,000 ATA</li>
<li>Circulating Supply: 172,252,000 ATA</li>
</ul>
<h2><strong>Token allocation</strong></h2>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1658594324275.image" /></strong></p>
<h2 id="section-6">Token Release Schedule</h2>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1658594329948.image" /></p>
<h2><strong>Token use case</strong></h2>
<p>The ATA coin can be used to:</p>
<ul>
<li>Governance: ATA token holders can create and vote on proposals. The content of Proposal includes: platform features, network parameters,...</li>
<li>Mining rewards: Compute and storage miners earn ATA tokens by running applications and performing transactions for users on the network.</li>
<li>Protocol fees: Users pay miners for storage and computation work.</li>
<li>Geode allocation: Users can link ATA tokens to participate in Geode auction.</li>
</ul>

Technical Data

<p>Automata Network is a decentralized service protocol that provides a secure middleware layer for Dapps on various blockchains.</p>
<h1>What is Automata Network?</h1>
<p>Automata network (ATA) is a decentralized service protocol (DEFI) that provides a secure middleware layer for dApps on multiple blockchains. This project is the 20th project of Binance Launchpool.</p>
<p>Protocol with multiple use cases like anonymous voting and minifier extractable value (MEV) &ndash; Miner Extractable Value (MEV) Minimization by leveraging the latest code and protection algorithms privacy, along with a Trusted Execution Environment (TEE).</p>
<p>Automata network (ATA) was built by researchers and industry veterans, with team members having worked at Zilliqa, LongHash and the National University of Singapore. Founded in 2019, Automata Network is a recipient of the Web3 Grants (2020) and a participant in the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and a licensee at the Polkadot Decoded Mainstage (2021).</p>
<p>The group's investors include KR1, Alameda Research, IOSG Ventures, Divergence Capital, Genesis Block Ventures and Jump Trading.</p>
<h1>Outstanding features</h1>
<h2>What is the project trying to achieve?</h2>
<h3>Automata Network Products</h3>
<h4>Witness</h4>
<p>Anonymous Voting Witness is an off-chain voting service for voters who do not wish to reveal their identity and views to participate anonymously in the management of projects. Besides providing support for Ethereum, Binance Smart Chain, and EVM chains, features include:</p>
<ul>
<li>Low Cost &ndash; Voting is done off-chain so there is no gas cost.</li>
<li>Chainhook &ndash; When connected, it will trigger on-chain execution based on the voting results. Chainhook allows secure calling of on-chain smart contracts registered when initialized</li>
<li>Privacy &ndash; Users can choose different types of votes with different levels of privacy, e.g. Public (full disclosure of voter address and number of votes), Medium (votes only) vote) and Private (only release voting results &ndash; voter identity and vote count are not disclosed).</li>
</ul>
<h4>Conveyor</h4>
<p>The MEV minimization conveyor system is a one-stop solution to the MEV problem and can work with DEXs like Uniswap without modification. It imports and exports transactions in a specified order, thus creating a no-run zone eliminating the chaos of today's transaction reordering.</p>
<p>Features offered include:</p>
<ul>
<li>Against front-running: There is no front-running of transactions on the transaction, it supports Conveyor.</li>
<li>Order privacy: The order of the transaction is not disclosed unless it is determined and cannot be changed. No one, not even the storage nodes, will know the order before it is decided.</li>
</ul>
<h2>What is unique selling point?</h2>
<p>Features of Automata Network</p>
<ul>
<li>Automata Network (ATA) is intended to be a secure service for DeFi and Web3 with a compelling proposal for privacy middleware.</li>
<li>ATA's privacy-focused solutions are built with the intention of bringing privacy into the native blockchain environment in an intuitive, seamless way. This means that their solutions do not require modification and the integration cost, if any, is negligible.</li>
<li>Automata Network (ATA) supports a wide range of purpose-built applications for Web3, including Anonymous Voting, MEV Minification, and Zero Tracking Indexing. Developers will have better building blocks with open source code and APIs.</li>
<li>Automata Network (ATA) is also run by a team of experienced developers whose privacy &amp; security research papers are regularly featured at top-level conferences, including USENIX Security, NDSS, RAID, EuroSys, and ICDCS.</li>
<li>Existing solutions fall short of expectations because of the trade-off of various usability for privacy as their core value proposition. Automata Network (ATA) &ndash; aims to provide users with valuable functionality and ease of use beyond expectations.</li>
</ul>
<p>Read Full Article: <a href="https://coincu.com/currencies/ata-automata-network/stories/">CLICK HERE</a></p>

LATEST_NEWS

PRODUCTS

COMPANY

SUPPORT

SOCIALS

CRYPTO_NEWS

MARKET_NEWS