Avalanche-X: To Make the Most of It!

hopelives
4 min readJul 10, 2020

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Hello again. I have already mentioned about its different features in 3 different articles to introduce Avalanche platform to you. You can find links to those articles below.

Briefly, Avalanche platform is a project created especially for digitalizing blockchain wise the financial sector and unveiling almost any blockchain-based application in terms of its general features. I have tried to explain the details before.

The focus of today’s article will newly be an excellent chance offered by Avalanche: Avalanche-X!

What is Avalanche-X?

We can define Avalanche-X as follows: It’s a grant platform developed by Avalanche for the sake of developers so that they can create decentralized applications in any kind they can imagine. The purpose of the construction of this platform is to contribute directly to the development of decentralized applications that can help crypto finance grow. If the conditions are met, supporting a brilliant idea manifested by any developer is the main intention here.

Today, it is really difficult for bright ideas to survive without proper funding. In order to eliminate this problem, Avalanche opens its doors to the initiator of all types with the help of Avalanche-X.

What can be accomplished with Avalanche-X?

●Decentralized lending platforms can be created.
●Decentralized derivative operations can be employed and their functionality can be ensured.
●Decentralized stable coins can be built and supported.
Apart from these, how the grant that can be obtained is completely in the imagination of the developer. If you have an ambitious idea, Avalanche-X will help you!

Applications with existing grant facilities

Currently, there are several different open grant applications.
✔ Bug Bounty: It is possible to win prizes by detecting bug and security vulnerabilities that may arise on the current platform.
✔ There is a decentralized exchange set up opportunity that allows you to create your own DEX to be included in the decentralized exchanges, whose numbers and popularity have increased rapidly in the last months.
✔ There is an application to support Avalanche on the Ledger platform.
✔ Creating a mobile wallet or browser wallet extension for AVAX which is the native token of Avalanche.
✔ Coding a desktop wallet for Avalanche that supports staking.

And many more open grant positions are there to discover!

Conclusion

We know how great potential the Avalanche project carries. Demand and confluence during the public sale event were the most significant proof of this. Avalanche, which has a very strong team and a great community, is one of the projects that has the potential to change the crypto realm. As such, it wouldn’t be right to assume Avalanche not to encourage great ideas. The Avalanche-X platform, created for this purpose, constitutes a perfect environment to support imaginative ideas. It is opening the doors of the wonderland constructed on blockchain.

What you need to do is simple:

❶ Visit the Avalanche-X page,
❷ Submit your opinion (If necessary, Avalanche can call you),
❸ Get started as soon as you get approval!

It’s that simple!

Now what is needed to bring the ideas to life is much more reasonable!

Thank you for reading!

If you want to go further, check out these links and dive deep!

Website

Documentation

Whitepapers

Avalanche Hub

Twitter

Discord

Telegram

Reddit

Facebook

Linkedin

And if you want to read my previous Avalanche explain article, it’s here, what Avalanche offers article is here and what to know about AVAX token and sale is here!

hopelivescr- Avalanche Community Member

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