Through Avalanche, Ava Labs is making it simple to develop decentralized finance applications. Avalanche is an open-source, programmable smart contracts platform for decentralized applications. Avalanche allows customers to build fast, low-cost, Solidity-compatible dApps, launch customized private/public blockchains and scale to millions of validators with minimal hardware. Due to Avalache’s consensus protocol, deploying smart contracts cost 1/10 of what they would on Ethereum. Avalanche’s Virtual Machines (VMs) enables developers to easily launch blockchains with a wide array of application-specific features. AVAX is the native token of Avalanche . Ava Labs currently employees over 150 individuals sand is headquartered in Brooklyn, NY.