$ELF

X Number of people following @ælf : 102,000

Long term holding: one star★

Growth potential: two stars★★

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ælf is a decentralized cloud computing blockchain network with high performance, resource isolation features and a better governance and development structure.

ELF is mainly used for ælf’s paid resource payment and governance decisions. Paid resources include smart contract deployment, upgrade and execution (such as transaction fees, cross-chain data transmission fees, etc.). Governance decisions include the election of accounting nodes, Approval of new system features and decisions on major product updates.

aelf is a decentralized cloud computing blockchain network built specifically for the new economy.

The structure of aelf main chain + multiple side chains can support developers to independently deploy or run distributed applications based on a side chain to achieve effective isolation of resources.

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Supply: 1 billion

Circulation volume: 702 million

Circulation rate: 70.22%

Circulation market capitalization: $455 million

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Allocation:

Private placement 25%

Fund 25%

Team 16%

Mining 12%

Marketing 12%

Consultants and Partners 10%

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First of all, this is a domestic project, and the project partners are all Chinese.

The positioning of the project itself is not eye-catching. Through the official tweets, we can see that the project team has been active recently, participating in or hosting various activities, and it seems very lively. However, from the on-site pictures, we found that some of the participants The person may be older, and for those with experience, the meaning may be understood.

From a technical point of view, the project side's control is very serious; generally speaking, the more serious the control, the more powerful the secondary harvest will be. If you want to harvest, you will pull the market, but the risk is still very high, so you can only build a position at a low level.

Personal opinion, stay away from domestic projects, next one.

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Currency: #elf

Type: medium and long term

Buy point 1: 0.52

Buy point 2: 0.42

Buy point 3: 0.32

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Selling point 1: 0.73

Sell ​​Point 2: 0.99