Aptos is a Layer 1 blockchain using Proof-of-Stake (PoS) and a unique smart contract language called Move. Move is a Rust-based language created by Meta’s (formerly Facebook) Diem blockchain team.
Aptos aims to drive widespread Web3 adoption by providing an ecosystem where decentralized applications (DApps) can solve real-world problems. The PoS blockchain can theoretically process over 150,000 transactions per second (tps) through parallel execution.
In March 2022, Aptos raised $200 million in seed funding, led by Andreessen Horowitz (a16z), with support from Tiger Global and Multicoin Capital. By July, it secured another $200 million in a Series A round, backed by Dragonfly, Apollo Global, Franklin Templeton, Animoca, and Jump Crypto. Two months later, Binance Labs made a strategic investment in the project.
Aptos launched its mainnet on October 18, 2022, following the genesis block on October 12, 2022.
Source: CoinMarketCap