Aptos Fumbles and Why a Killer App Wins Versus L1
Too Long; Didn't Read
Aptos is a new L1 blockchain with $350M+ in total funding. It was created by former Meta employees, Mohammad Shaikh and Avery Ching, who previously worked on Meta’s failed stablecoin project. Three months after its Series A, the new blockchain launched its mainnet, which went live on October 17, 2022. In the past 48 hours alone, there have been multiple unprofessional practices from the team. In this piece, we explain why crypto development often has the wrong focus.