Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ELF
aelf Announces Its First Metaverse-Themed Hackathon with Money Prizes
aelf network has announced its metaverse-themed Hackathon, “Top of OASIS,” which will take place on December 12, 2021. The platform encourages all potential participants to advance their project proposals by February 9, 2022. Additionally, aelf will offer full support to all the projects participating in the Hackathon. Developers can register their blockchain projects, including DeFi and GameFi proposals, and compete for spots in aelf's prizes pool. Top of Oasis Hackathon Main Dates Top of OASIS is aelf’s first metaverse-themed blockchain…
3 years ago
What Next for aelf? Mapping Out the Journey Ahead
A little over a month ago, aelf launched its mainnet token swap, one of its most essential upgrades in Q3 2021. aelf aims to build a blockchain infrastructure that connects with existing ecosystems such as Bitcoin and Ethereum. According to the official website, the bridge is already running on aelf. But, what does the future hold for aelf? Let’s have a more in-depth look at the ecosystem’s roadmap! What is aelf? aelf is a digital assets technological company whose focus…
4 years ago
Staking on aelf may Bring You Dividends with an APY of 7,639%
aelf is one of the fastest developing blockchains in the crypto space. Recently, the team revised its bonus mechanism to better incentivize nodes to participate in the aelf ecosystem. The event exceeded all expectations, including the developers' outlook, after the staking APY reached 7,639%. Today, we take a closer look at the staking mechanism on aelf and how you can profit from it. How Does the aelf Vote Mechanism Work? aelf is an open-source blockchain that aims to support the…
4 years ago
Aelf Token’s Price Jumps 40% Ahead of Its Mainnet Token Swap
ELF sees a spectacular surge of 40% in price following the announcement about aelf's imminent release of its mainnet token swap. At the moment, ELF is changing hands for $0.73 and has a market cap of over $400M. The much-anticipated aelf mainnet token swap will take place on September 9 at noon. The three-month event will allow users to swap their ERC-20 ELF tokens for the new mainnet ELF tokens at a 1:1 ratio. Above all, the aelf team will give…
4 years ago
What is aelf (ELF)? – A Review of the Self-Evolving Blockchain of the Future
aelf blockchain is, by all means, one of the most interesting blockchain projects right now. It is a decentralized cloud computing platform that enables businesses to build their DApps on proprietary side chains. Besides being bulletproof safe, it is self-evolving, scalable, and lightning-fast. Above all, it incentivizes users to participate in a unique and rewarding form of governance. In this guide to aelf, we take a closer look at what may be the next breakthrough in blockchain technology. Read on…
4 years ago
The Most Important Open-Source Blockchain Projects
An industry, sector, or model is only as good as the infrastructure it is built on. The infrastructure acts as a backbone, a framework, guiding the industry and its participants through. As we have come to know them, most industries are built on a centralized, hierarchy-based infrastructure. They follow a top-down approach, wherein a few participants at the top are responsible for most of the lower-level management's workings. But then came the Internet and changed the face of it all.…
5 years ago