What is Elastos?

"Elastos aims to create a new kind of Internet, powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. Today, there is a seemingly infinite supply of digital books, movies, music and games. But people do not necessarily own their digital property.

You can purchase a digital book, for example, but you can’t sell it to anyone else. So, do you really own it? Elastos wants to make digital assets scarce, identifiable and tradable. Property rights pave the way for wealth creation, and Elastos intends to build a new World Wide Web that respects those rights.

The goal is to create an Internet that allows users to access articles, movies and games directly, without going through a media player or another platform intermediary. Elastos will use blockchain technology to issue IDs for digital content, making it possible to know who owns which digital assets."

-Elastos.org
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General

TICKER SYMBOLS
ELA
AGE
2 years old (December 22, 2017)
ICO / CROWDSALE
January 02, 2018 @ 12:00 AM - January 23, 2018 @ 12:00 AM
CURRENT PRICE
$1.92
Updated 13 seconds ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$93.81
2 years ago
CIRCULATING SUPPLY
16,063,887 coins
Updated 9 minutes ago via coinmarketcap.com
MARKET CAP
$30,926,608
Updated 3 minutes ago
FOUNDER
Rong Chen
CO-FOUNDER
Feng Han
CO-FOUNDER
Jizhe Xu

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Built-in Inflation (4% per annum)
PRE-MINED / RESERVED
Yes
CONSENSUS MECHANISM
Delegated Proof of Stake (DPoS)
MINEABLE / STAKEABLE
Yes
HASHING ALGORITHM
SHA-256
1E-8
SELA

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