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What is APL

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1. What is APL?

Introduction to Apollo Currency (APL)

Apollo Currency (APL) is an advanced digital asset based on blockchain technology. Here are its main features:

  1. Unlimited Scalability: Apollo Currency is the world's first blockchain to achieve unlimited scalability. It employs a unique technical architecture that allows it to handle concurrent transaction volumes and achieve confirmation times in seconds.

  2. Privacy Protection: Apollo Currency employs a privacy protocol (Apollo Shield) to safeguard users' transaction privacy. This feature allows users to keep their transactions anonymous and control the sharing of personal data.

  3. Global Real-time Payments: Apollo Currency supports instant payments across over 200 countries and regions without the need for any intermediary or third-party interference.

  4. Innovative Mining Model: Apollo Currency offers an innovative mining model known as Proof of Stake Infinity (POS Infinity). Users can participate in mining by holding a certain amount of Apollo Currency and receive appropriate rewards. POS Infinity ensures the security and reliability of the network, while encouraging users to hold and engage with the project.

In summary, Apollo Currency is a highly innovative cryptocurrency featuring unlimited scalability, privacy protection, global real-time payments, and an innovative mining model. These features make Apollo Currency stand out in the cryptocurrency space and provide users with a safer, faster, and more efficient trading experience.

2. Who founded APL?

Apollo Currency (APL) was founded by Apollo Fintech, a company established in 2017, led by a team of 17 members, which includes:

  • Steve McCullah: CEO
  • Rokhvarg: CTO
  • Alexander Mora: Director of Marketing and Communications.

3. Which venture capital firms invested in APL?

According to the provided information, the following venture capital institutions have invested in the cryptocurrency project:

  1. Bain Capital Crypto: Invested in 14 blockchain projects, including known protocols such as Worldcoin, Celestia, and Scroll.

  2. ABCDE Capital: Invested in 10 cryptocurrency projects, including known ones like Particle Network and PolyHedra.

  3. No Limit Holdings: Invested in 21 cryptocurrency projects, including well-known ones like Binance.US, Connext, Sei, and Odsy.

  4. Arcane Group: Invested in 20 cryptocurrency projects, including renowned projects such as Animoca Brands, PolyHedra, and Particle Network.

  5. Builder Capital: Invested in 19 cryptocurrency projects, including well-known ones like Thala, Oasys, dYmension, and Eclipse.

  6. Sequoia Capital: Invested in multiple cryptocurrency projects, including Fireblocks, Iron Fish, CertiK, and StarkWare.

  7. Shunwei Capital: Invested in various cryptocurrency projects, including OKCoin, Conflux, and CoinWorld.

  8. Aurora Venture Capital: Invested in Web3 data companies, including RootData.

This information indicates that multiple venture capital institutions have invested in the cryptocurrency sector, covering various domains such as exchanges, public chains, wallets, mining, and media.

4. How does APL work?

How APL Cryptocurrency (Apollo Currency) Works:

  1. Blockchain Technology: APL is based on blockchain technology, achieving an infinitely scalable blockchain that can handle concurrent transaction volumes and achieve confirmation times in seconds.

  2. Privacy Protection: APL employs a privacy protocol (Apollo Shield) to protect users' transaction privacy, allowing users to keep their transactions anonymous and control the sharing of personal data.

  3. Global Real-time Payments: APL supports instant payments across over 200 countries and regions, without the interference of any intermediary or third party.

  4. Mining Model: APL adopts the Proof of Stake Infinity (POS Infinity) mining model, allowing users to participate in mining by holding a certain amount of APL and earning corresponding rewards.

  5. Trading and Storage: APL can be bought and sold through cryptocurrency exchanges, such as Bitget. Users can store APL using a cryptocurrency wallet.

  6. Security: APL uses blockchain technology and cryptography to ensure the security and reliability of transactions.

In conclusion, APL cryptocurrency offers an efficient, secure, and private trading experience through its unique technical architecture and features.

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