Our two-step guide on how to make it in the crypto world: Meet Aptos, an “Ethereum killer” that may or may not be connected to Facebook

A little-known startup called Aptos just succeeded in raising $150 million in its first round of Series A investments. The team’s financial success is due to the developers being the creators of the blockchain for Facebook, formerly known as Libra and Diem.

We have looked into what the project offers and can give you a unique recipe for success in the crypto world, which we explain using Aptos as an example.

What are they offering?

Aptos is a scalable network project that raised $150 million in a seed round. Jump Crypto and FTX Ventures led this round of funding. About a dozen venture capitalists joined them.

Venture capitalists expect to see this project at the top of the Ethereum competitors. According to loud statements of Aptos creators, they managed to solve most problems of the crypto industry, and now everything will be fine (if they are well-financed, of course).

Aptos is going to use the new Move programming language, very original virtual machine design, trusted validator zones in critical security areas, incredibly innovative node synchronization (and a lot of other buzzwords, most of which you have never heard of).

Aptos promises to launch the core network by the end of the year. Independent developers have had access to the testnet since March.

Our recipe for success using Aptos as an example

Aptos is such a typical project, which may well become the new giant of the crypto world, that we decided to decompose its likely success. Let’s use this example to see how the market works in the world of big crypto.

What do we have at the start?

• An unknown company gets $150 million right away.
• All this is in a falling market when most crypto investments are frozen.

We can see what you’re thinking, but we’ll tell you right away — no one will give you money. But why did these unknown guys get it?

Aptos is positioning itself as a project with Facebook behind it (or maybe not, but everyone is hinting at it).

Next, the developers make very serious faces and hang on to the tedious brand of the “Ethereum Killer.” So, does it work? Let’s list the top projects that already go under the Ethereum Killer’s brand: Cardano, Polkadot, Tezos, Solana, Avalanche, NEAR Protocol and so on.

They all have investor money and are very happy (Solana even occasionally works). But wait, that’s not enough!

You also need someone big to vouch for you. You need at least the ability to stand by his side, and that takes a certain amount of creativity. For example, Telegram created its TON project in exactly the same way as Facebook’s Libra. But the regulator told both of them not to. Then Telegram said with a twist that it didn’t really need to, and TON is now an open project that they just happened to develop.

Then TON winked at the market hard, “you get it” (whatever that means). Investors know how to read between the lines, so the project raised a record amount in ICO history. Yes, by the way, we forgot to add TON to the list of Ethereum killers that did not materialize.

Now, the same scheme is being tried by the guys from Aptos. “We’re kind of connected to Facebook, but not very much.” As we can see, this scheme is working great again. Investors have given the project $150 million to start — to rent an office and launch a network (the latter is not yet certain).

Done! If you want to take your place in the circle of crypto stars — use this free, ready-made two-step recipe, which our editorial staff can no longer keep secret.