Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.
Avalanche democratizes financial markets and bridges all blockchain platforms together into one interoperable ecosystem.

Team:

• Emin Gün Sirer: CEO.  
• Kevin Sekniqi: COO.  
• Maofan "Ted" Yin: Chief Protocol Architect.  
• John Wu: President.  

The Avalanche ICO began on July 8, 2020. The ICO token supply represents 2.36% of the total token supply, so there is a total of 16,992,000 AVAX tokens available, for 0.85 USD each. The ICO funding target is TBA, the funding cap is 9,500,000 USD and is expected to end on July 22, 2020 or when the funding cap is reached. 

Token Reserve Split (97.64%):

• 50% Staking Rewards;
• 16.9% Foundation;
• 10% Team;
• 7% Community and Dev. Endowment;
• 5% Strategic Partners; 
• 2.5% Airdrop.

The Avalanche ICO campaign features an airdrop and the following bonus structure.

Bonus Structure:

• Public Sale Option A1&A2 - [Staking / Vesting] = 0.5 USD;
  
• Public Sale Option B - [No Vesting, Fully Unlocked] = 0.85 USD.