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Good review, dude. Just to mention two things you didn´t talk about.
1) ELA tokenholders will get airdropped a special amount of every dApp tokens launched on Elastos as a platform.
2) ELA tokenholders will have first-come buying rights at ICO price of every dApp.
En Ders So the market cap is already around $500KK? Interesting, given that it's so new. It also has very impressive daily volume right now, but the market cap makes me think I'm not in on this as early as I thought.
Great review. I'd like to say that Microsoft or another giant wouldn't necessarily have to change their business structure overnight. They simply need to allocate funds to a new venture that focuses on blockchain and once it's working, they can then integrate bit by bit into their existing infrastructure.
I prefer Holochain from Holo, token HOT. 100% descentralized , infinite scalability and no consensus. Holochain is the future of descentralization and internet. Would be great an interview with Arthur Brock or Matthew Schutte from Holochain / Holo
How can you buy Elastos if I am located in the United States.. I can setup account on Huobi and selected Canada but if I clicking it ask for a passport?? So is there a way to setup an account and be able to widthdraw/deposit funds??
Just a dude talking about crypto. Except Universa Blockchain. An ICO that has partnered with Alfa Bank(Largest commercial bank in Russia) Ernest & Young, governments(Malaysia and Russia), Novotrans, and they're even coming out with a hardware wallet of their own, forget the fact that they're technology rivals(and in fact surpasses the Ethereum protocol). Don't talk about this one. Keep it quiet larky!
Hey Lark, what do you think about the Binance coin of the month thing between WePower and Elastos? Apparently they are both giving away ridiculous coinage (WPR 200 coins to everyone that votes for them, and ELA 1240 coins to some random prize winners) Theres a lot of talk on the forums, but I'm wary...Is this legit and not a scam? Gotta fill in forms and send addresses (BNB deposit address and ELA and WPR wallet addresses) and screenshots and Telegram ID.Basically a whole bunch of info. So that makes me a little bit suspicious considering all the scams out there. Just saw one from a fake CZ Binance CEO about giving away a 1000 ETH the some people have got done by.. The amount that these coins are worth for simply voting makes me very suspicious(200 ELA for 1st random pick, worth currently $16k!!)...any way you could have a look and confirm its all good? Would hate to get my wallets drained... Love all your work bro, keep it coming!
P.S, closes in like 12 hrs...hope you ain't asleep! Thanks again dude!
Damn, really should bought some Elastos about 3 weeks ago, eh? :/ 130 mill 24H volume on 1 exchange? Yikes. Still might have to get a few, regardless.
Great video. Project seems like it could be a juggernaut.
Sorry for the noob questions but do all the generated addresses work that are generated? So if I send some of my Ela to one wallet address and then some Ela to another will it all be added to all addresses? And what do I need besides the 12 phrase password to get access to my wallet if let's say all my devices break and I need to get into it. Or is the 12 phrase password all I need? As far as I can tell there is no private key or anything.
Hey Lark, Can you please review HACKEN more! Cybersecurity Auditing through bounties to ethical (White Hat) hackers; Great team and advisers; Already has customers; Revenue sharing of 15% through token burning = going to be huge!
Yes, heard about that through watching chico crypto, he mentioned it back in November? so I then asked blockchain Brad since he did 8 videos on Elastos and was kind enough to write me back and tell me that yes, Elastos has a search engine. Not sure if its completed yet or on the way.
Few things to flag:
1) Circulating supply of 6-8mm. Hasn’t show up on coinmarketcap yet, when it does ELA will show up on people’s radars as a top 100 coin with c.$400mm market cap. Closest peer here is EOS at $7bn, the multiple difference is obvious and more exchanges will bridge that..
2) ELA has been in development for 17 years with 14 million lines of code already written. Having an ELA runtime sit between dApps and the internet allows for a completely secure and decentralised environment for apps to run without apps having to run on the blockchain. Further this is done for C++, which is a massive deal. This makes proof of work viable as the blockchain is just used to onboard identity and deal with smart contracts but apps themselves run in the cloud on distributed virtual machines. That is literally turnings the internet’s structure upside down from how we use it today and is arguably how app interactions with the internet should have been designed in the first place
3) Symbiotic with NEO but can operate with any chains which provide for onboarding identity from physical to digital world (ETH etc). They’ve also partnered with Stellar to serve as their payment rail.
4) Makes little sense that a project of this magnitude and a working OS and mainnet trades at $400mm market cap when projects with nothing (ICX, ADA, EOS) trade in the billions. Point is this is under the radar, should be worth 5-6x what it is now at $300+ in this market
5) Overview video by Rong Chen, great primer into the technicals and what Elastos really solves
6) First few minutes of this give another great overview of the project by Rong Chen https://youtu.be/IRYSadOj9GU
7) Interview with Rong Chen, bit long but very good and very meta if you’re patient enough https://youtu.be/IwUOat6lfLo
As to why the big name youtubers are not talking about this coin blows my freaking mind Elastos makes half the coins in the top 20 to totally obsolete by comparison hopefully this kicks at least iota out of its place!
It is also worth mentioning that there is no hard cap on maximum supply for this token. This IS an inflationary currency with a 4% annual rate of inflation. Look at the Genesis block. 33 million tokens were generated and additional tokens have been generated since.
Good video CL. I got in early because of the heads up from Brad. Seems to me they could be on more exchanges if they wanted to, they are loaded with capital and backers. Huobi is the exchange and it seems like all the parts of ELA/NEO are purposely connected and the token flow is very controlled and purposeful. I'm very bullish on this project and the team using C++ is pretty darn smart.
U R G E N T !!
Heya CryptoLark, great vids my friend!
Can you please do a vid warning people about LIQUI exchange! It’s scamming heaps of people their funds and yet it’s still listed in coin market cap.
Great review - subbed
Just to add a couple of things;
The initial circulating supply has yet to be confirmed but its very low. Somewhere in the 6.5M to 9.0M range. The final figure will be confirmed by the end of the month once the lock up is completed.
The partnership with SAIC Motor (China’s largest auto manufacturer) is to develop a unhackable operating structure for the development of autonomous driving technology/smart cars. ie Hackable smart cars has been the nightmare scenario that is holding this innovation back.
IMHO - At this time, in my field of view of the crypto world this is one of the most promising projects and still ground floor cheap.
Those with the eyes should see fortune shining.
Excellent review on the ground breaking project that is set to revolutionise mobile operating systems! Another thing I’d add is that Elastos is secure because it doesn’t interact directly with the internet, the internet is a base layer, meaning that traditional malware, viruses, DDoS, hacks, etc will not work - hence this is the reason why China’s largest vehicle manufacturer has partnered with Elasotos for its driver-less cars. Also, the mobile gaming world will love this as games will be run not on devices themselves but in the Elastos runtime a kind of virtual machine cloud - this is truly revolutionary and will offer much more power to applications. This is a ‘proper’ groundbreaking project that has flown under the radar due to certain unconventional features related to token economics IMHO (low supply and large private investment). The circulating supply will be identified once lock up has occurred, I expect the MC to be around $450M, but that’s my guess.
I was wondering when a platform was going to look at ownership of data. Do you think this will make companies like Datum or Po.et less valuable in the future? Or do you see plenty of room for other companies focused on ownership rights of work and personal data? Oh, and great forking video as always :)
Yeah, that's a possibility I think. It's going to be interesting for sure for these smaller specialization companies to see if they still have a place. It's like I bought SmartMesh, I love the Mesh idea. However that's all they do, and now I see Oyster Pearl also is going to have a mesh network on top of a real utility, currency, with pegged value as well as the SHELL token. I might sell a few other holdings to buy more PRL. But just like anything, it's not always about the size ;), and the first mover advantage is a very real thing. Anyways, it's going to be a fun year! Thanks for the reply!
Hi there. I'm looking for a reliable source regarding the MoneroV chain split. I have monero and support this fork although FluffyPony does not approve of it as of now (I'm sure you've seen twitter & reddit). Looking forward to your reply and more details about how to prepare for this fork.
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