🤔 What is Axelar?
Axelar, also known by the market ticker AXL, is a blockchain that connects blockchains.
At its core Axelar aims to develop and deploy secure cross-chain communication for Web3 applications, which it hopes will allow the creation of the “internet of blockchains” as a universal development platform.

💡 What makes Axelar unique?
Through Axelar's network, users can participate in multi-chain DeFi, play a game on any network, or buy an NFT from any marketplace without having to download another single-use crypto wallet.

💰 AXL Tokenomics
In total, there will be just over 1.1 billion AXL tokens released, with around half of that making up the current supply.
Of the initial 1 billion that was allocated at launch, 29.5% went to the Company, with 17% going towards the Core Team, and 12.5% towards Company operations.
A further 29.5% was given out to backers, with 13.5% going to those who invested during the Seed round of funding, followed by another 12.5% during the Series A funding, and a final 3.5% during the Series B funding.
In addition, 5% went to the community sale, and the remaining 36% went towards Community Programs, which includes an insurance fund for the project.


Timestamps ⏳

00:00 Intro

1:05 What is Axelar?

2:01 What is Web3?

2:22 What us the "Internet of Blockchains" ?

3:18 How does Axelar work?

4:44 What makes Axelar unique?

5:55 General Message Passing protocol

6:41 AXL Tokenomics

7:13 Initial AXL distribution

8:15 Wallet distribution (current)


❓ Q & As ❓

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