12/03/2024
BTC95,654.0
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USDT1.001
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BNB641.04
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BUSD0.930466

aelf (ELF) Price

ELF
4,6
$0.534044
Market cap
390,399,524.0
Total volume
33,493,349
Circulating supply
731,027,266
Total supply
996,447,597
Aelf stands as a multifaceted business blockchain framework, harmonized with cloud technology, embodying the core operational system for enterprises and revolutionizing their service delivery paradigm. With its foundational blockchain architecture in place, Aelf paves the way for companies to effortlessly craft their unique decentralized applications (dapps) on independent chains. Serving as the pivotal access point, Aelf streamlines the pathway for inter-corporate communication and cooperative ventures via cross-chain capabilities. By integrating cutting-edge technologies like cloud-based nodes and concurrent processing, Aelf carves out a niche for itself in the blockchain realm by ensuring transactional security on a vast commercial magnitude.

In the cryptocurrency community, Aelf is gaining momentum due to its aggressive push towards widespread commercial utilization. Its advanced blockchain solutions position it as a front-runner, drawing parallels with how Linux operates in the realm of blockchains. aelf offers a customizable blockchain operating system to its users, marked by the currency symbol ELF, with a circulating supply of 250 million ELF. Its initiation on various Chinese exchanges took place on December 21, 2017, sidestepping the Initial Coin Offering (ICO) process in favor of private investment, ensuring meticulous compliance and investor credentialing, thus reinforcing its credibility and investment allure.

The brains behind Aelf, Ma Haobao, who also captains Hoopox, is flanked by an influential advisory contingent including Michael Arrington (TechCrunch CEO and FGB Capital founding partner). The team is dedicated to unlocking the blockchain's vast capabilities for mainstream applications and industries. In collaboration with the Innovation Alliance, aelf is at the forefront, advocating for broader blockchain acceptance and, by extension, fostering the uptake of aelf's blockchain innovations. Their mission is to enhance the blockchain ecosystem by supplying a framework and infrastructure that facilitates communication and transaction between different sidechains.

Moreover, Aelf introduces a reward mechanism known as Candy. Through the Candy rewards program, participants accumulate points, which can be exchanged for ELF, by completing straightforward daily activities. These activities range from engaging with aelf's social media posts to driving membership to their Telegram group amongst other promotional endeavors. Presently, ELF tokens adhere to the ERC20 standard, implying compatibility with any ERC20 supportive wallet, including MyEtherWallet, Exodus, and for those prioritizing heightened security, the Ledger Nano S is a commendable choice.

Despite being a newer entity in the dapp development arena, Aelf has swiftly garnered substantial backing from prominent venture capital entities. The project differentiates itself by employing side chain segregation and an innovative governance structure, endeavoring to architect an all-encompassing blockchain operating system.

Homepage: https://aelf.com
Twitter: aelfblockchain
Reddit: aelf

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