Take a peek at ATA Coin's Crypto Price Movement Today, May 16 2024, Is it Suitable to Collect?

Liputan6.com, Jakarta – Automata is a high-performance computing protocol that empowers Web 3.0 applications and businesses with privacy-first and high-assurance transactions.

Reporting from Coinmarketcap, Automata provides the functionality and infrastructure necessary to realize the vision of Web 3.0 experiences. This can address the lack of transparency in data ownership, censorship into personal privacy. Automata has its ecosystem's native crypto token called ATA Coin.

ATA Coin Price

Based on data from Coinmarketcap, Thursday (16/5/2024) ATA Coin strengthened 5.51 percent in the last 24 hours. The price of ATA Coin is currently at IDR 2,689 with a trading volume in the last 24 hours of IDR 91.6 billion.

ATA Coin has a market capitalization of around IDR 1.3 trillion. To date, there has been a circulating supply of around 488 million ATA Coins out of a maximum supply of 1 billion ATA Coins.

Who is the Founder of Automata?

Automata was founded in 2019 by a team of blockchain developers and researchers, including former founding member Ziliqa. Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while fellow co-founder Deli Gong previously worked at Ziliqa as infrastructure lead.

The total team consists of 11 people and has been a Web3 Grant recipient (2020), Web 3.0 Bootcamp participant (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team's investors include well-known names such as KR1, Alameda Research, founded by FTX CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures, and Jump Trading.