Cryptocurrency Q&A Who owns Avalanche AVAX?

Who owns Avalanche AVAX?

CryptoBaron CryptoBaron Sun Oct 06 2024 | 6 answers 1106
So, let me get this straight. Avalanche AVAX, being a decentralized blockchain network, doesn't have a single, centralized owner, right? Instead, it's governed by a community of validators and stakeholders, isn't it? But who exactly holds the AVAX tokens? Are they all distributed among the validators and users of the network, or is there a specific entity or group that owns a significant portion of them? I'm curious to know the distribution of AVAX ownership and how it impacts the network's decision-making process. Who owns Avalanche AVAX?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts