1. What is strax?

Introduction to STRAX Tokens

STRAX is the platform token of the Stratis project, a blockchain-as-a-service (BAAS) platform designed to provide simple and affordable end-to-end solutions for the development, testing, and deployment of native C# blockchain applications for businesses and organizations of all sizes.

Main Features:

1. Blockchain-as-a-Service (BAAS) Platform: Stratis provides a feature-rich ecosystem that includes tools and software development kits to help developers quickly build blockchain solutions.
2. Based on PoS Mechanism: STRAX adopts a Proof-of-Stake (PoS) mechanism, which can avoid large-scale inflation.
3. Custom Blockchain Strategy: Stratis can help clients customize blockchain strategies and tailor solutions based on business needs.
4. Cloud Platform Support: The Stratis cloud platform allows developers to quickly deploy complete blockchain nodes to test their applications and supports existing blockchains such as Bitcoin, Ethereum, and BitShares.
5. Suitable for Windows/Microsoft Environment: The Stratis platform is especially well-suited for enterprises running services in a Windows/Microsoft environment.

Project Background:

• Release Date: August 6, 2016
• Total Supply: 134 million
• Circulating Supply: 134 million
• Circulation Rate: 100.00%

Team Background:

• Chief Executive Officer: Chris Trew
• Chief Operating Officer: Policarpo Guerrero
• Head of Communications: Krushang Patel

Stratis aims to simplify the development of blockchain applications by providing a highly decentralized, secure, and energy-efficient platform to help businesses and organizations rapidly deploy blockchain projects.

2. Who founded strax?

The founder of Stratis (STRAX) is Chris Trew. He founded Stratis in 2016 with the aim of simplifying the adoption of blockchain technology by providing a user-friendly development platform.

3. Which venture capital firms invested in strax?

STRAX (Stratis) is a token and blockchain platform designed to provide blockchain solutions for businesses and institutions. According to publicly available information, here are some venture capital firms that have invested in Stratis (STRAX):

1. Polychain Capital: A venture capital firm focused on blockchain and token investments.
2. Fabric Ventures: A European venture capital firm focused on blockchain and token investments.
3. Outlier Ventures: A UK-based venture capital firm focused on blockchain and token investments.
4. BlockVC: A venture capital firm specializing in blockchain and token investments.

Please note that this information may not be complete or up to date, and investment situations may change over time.

4. How does strax work?

STRAX Tokens are the native tokens of the Stratis blockchain platform. Here are the key points regarding its operation:

1. Blockchain Foundation: STRAX is built on a decentralized blockchain based on Bitcoin technology, offering a secure, transparent, and efficient payment and settlement system.

2. Consensus Algorithm: STRAX uses the Proof-of-Stake (PoS) consensus algorithm, where network participants verify transactions and create new blocks by holding and staking STRAX tokens.

3. Sidechain Technology: The Stratis platform employs sidechain technology, allowing enterprises to build their own blockchains that run alongside the Stratis blockchain. These new blockchains can hold their own tokens, pegged to STRAX.

4. Smart Futures: STRAX is used to execute smart futures, providing a secure and reliable trading environment.

5. Staking and Masternodes: STRAX holders can participate in network validation and earn rewards through staking and deploying masternodes.

6. Use Cases: STRAX serves as a medium of exchange within the Stratis ecosystem for the payment of products and services.

7. Issuance and Supply: The total supply of STRAX is 125,000,000, with additional tokens minted through the PoS consensus algorithm, resulting in an annual inflation rate of 10%.

In summary, STRAX Tokens provide a secure, reliable, and efficient blockchain solution through their PoS-based consensus algorithm, sidechain technology, and smart futures capabilities.