Automata Network (ATA) Price

Automata Network is a decentralized high-performance computing protocol that supports Web3 applications and independent businesses with high assurance, swift, frictionless, and private transactions. Automata Network aims to provide the infrastructure and functionalities needed to actualize the achievable vision of a seamless Web3 experience. Automata Network provides solutions to the lack of transparency in censorship, data ownership, and invasion of personal privacy through the use of its native utility and governance token: ATA.

Automata Network's core products include a privacy-first cross-chain service plane that offers privacy and control features for various blockchains, a shielded and unbiased compute plane that allows a high degree of Automata Network's computation, an elastic and scalable control plane that is operated by a group of staking nodes, and a Ledger plane which provides a medium for multiple blockchains to exchange data.

When was Automata Network Launched?

Automata Network was launched in 2019 by an experienced team of researchers and blockchain developers. A total of 11 people make up the team, including the founding members of Ziliqa. Automata Network's investors who contributed to its launch include Alameda Research, IOSG Ventures, Genesis Block Ventures, KR1, Divergence Capital, and Jump Trading.