Automata (ATA) Grows by 225% (350% Since July Bottom)

ATABTC (Automata) hit bottom in late July together with many other altcoins (they are all linked/connected) and ever since it has been growing.

Today, we see a massive green candle printing 225% in total growth.

Since the 29-July low, we have a massive 350% with potential more to come.

----

Project Overview

Automata Network - A decentralized service protocol providing privacy middleware for Web3 dApps

Project Introduction

Automata Network is a decentralized service protocol that provides privacy middleware for dApps across multiple blockchains. It enables versatile use-cases such as Anonymous Voting, Miner Extractable Value (MEV) minimization and No-tracking Indexing by leveraging on the latest cryptography and privacy-preserving algorithms, along with trust computing technologies.
Automata Network is built by the industry’s foremost blockchain veterans and researchers, who previously worked at Zilliqa, LongHash, and the National University of Singapore. Founded in 2019, Automata is a recipient of Web3 Grant (2020), and a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), Polkadot Decoded Mainstage speaker (2021). The team’s investors include KR1, Alameda Research, IOSG Ventures, Divergence Capital and Genesis Block Ventures (seed round in February 2021).

ATA is the native utility token of Automata Network and has the following current and planned use cases:

* Governance: ATA token holders can create and vote on proposals, platform features and network parameters
* Mining rewards: Compute and storage miners earn ATA tokens by running applications and executing transactions for users on the network
* Protocol fees: Users pay miners for storage and computation tasks
* Geode allocation: Users can bond ATA tokens to participate in Geode auctions.

The Altcoins market will continue to grow.

Enjoy.

This is not financial advice.

Namaste.