ELF
+1.32%
($294.28 M)
44.68%
13.64%
10.23%
6.82%
5.35%
4.55%
2.84%
2.68%
1.79%
1.41%
Aelf, acknowledged in the digital token realm, pursues to augment blockchain efficiency, occasionally dubbed as the "Linux for Blockchains." This blockchain-oriented operating system presents several customization elements for its users, the token illustrated by the ELF symbol. Aelf distributed its initial token offering amongst private investors, observing a compliance framework suitable for global regulations. Aelf also introduced a reward initiative named Candy, that gives users the chance to acquire points that are transferable into ELF tokens by undertaking simple tasks such as engaging with Aelf on various social platforms or inviting others to join the Telegram channel. Aelf's spearhead consists of Ma Haobao and the advisory board members, Michael Arrington inclusive, TechCrunch's CEO. The principal objective of the team is to harness the potential of the blockchain across various sectors. Under the Innovation Alliance banner, Aelf strives to proliferate the appeal of blockchain along with steering its widespread adoption. The team is focused on developing Aelf into a refined system of chains along with a version for side-chain interaction. Supported by cloud computing, this platform is designed with the intention of streamlining service delivery and equipping businesses with an integral structure required for building decentralized applications (dapps). Aelf expands the channel for communication and collaboration among businesses while also enhancing cross-chain functionality. Modern technological components like cloud nodes and parallel processing are integrated into the system, thereby catering to commercially scalable transactions. Positioned as an active player amidst Dapp platforms, Aelf is backed by several investment capital firms. The project seeks to segregate resources on chains by employing a unique governance model, thereby crafting an extensive blockchain operating system. For more insights about Aelf, their official resources offer a wealth of information.
ELF, developed on the ELF platform, is a token intended for a decentralized, cloud-computing blockchain network layout. This layout utilizes a unique strategy described as "one chain to one smart contract" and incorporates a cross-chain interaction method. A prime characteristic of this approach is the incorporation of parallel processing, thereby uplifting transaction functionality by handling numerous chains simultaneously. ELF token holders gain the ability to engage in network governance, thereby influencing vital aspects of the protocol, by virtue of the Delegated Proof-of-Stake (DPoS) consensus method affiliated with ELF. The cloud networking approach by ELF enhances scalability and resource management, ensuring efficient execution of smart contracts and resource utilization, particularly in high-demand situations.
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ELF Metrics:
Current price: $0.3558
Market cap: $313.08 M
All-time high: $2.6 (Jan 9, 2018)
All-time low: $0.04 (Mar 13, 2020)
Daily trading volume: $1.48 k
In the last 24h, ELF holders generated $986.00 volume.
3.7 M
We estimated the value of this pool based on the value of its stable/native coins.
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