Name : Autonolas (OLAS)

OLAS Price : $3.79200 +6.42%

Consensus Mechanism : ERC-20 Token

Volume: 3,164,091

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Last Screening: Q4 2023

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Overview

Autonolas is dedicated to establishing a foundation for the development of innovative autonomous applications that run continuously, take independent actions, interact beyond blockchain boundaries, and incorporate complex logic. Offering an open-source software stack and an on-chain protocol deployed across major smart-contract blockchains, Autonolas ensures the security and incentivization of these services. With a capped supply of 150 million tokens, Autonolas employs a tokenomics model designed to attract capital and developers, fostering a virtuous cycle. The technology behind Autonolas leverages multi-agent systems architecture and Byzantine fault-tolerant consensus engines to enable the creation of composable autonomous systems, extending beyond typical software frameworks. The Autonolas Protocol, deployed on Ethereum and Görli testnet, coordinates and incentivizes developers in building decentralized, transparent, and robust autonomous services using the Open Autonomy framework.

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