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What about bounty campaign? Would there be any in Elastos project? Very interesting idea and tremendous plans for the future))
You can still participate in the ongoing video contest which you can earn up to 400 ELA (values at over $10,000). More details can be found here: https://bitcointalk.org/index.php?topic=3089082.0
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Hey,
Has anyone confirmed that these team members and Jihan are truly behind this project? Especially the Neo co-founders/founders?
Because the rumors on biz and everything say this is not true and a possible scam.
Yep, that's very strange and looks like a possible scam. And no activity on this thread from the team or their representatives. All the questions are not being answered... Hi, we've made updates and please reach out to us for further questions. Thanks
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Hey,
Has anyone confirmed that these team members and Jihan are truly behind this project? Especially the Neo co-founders/founders?
Because the rumors on biz and everything say this is not true and a possible scam.
Hi, both Da Hongfei, NEO Founder and Jihan Wu, Bitmain Co-founder are Elastos' Angel Investors.
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What does the ELA coin do on the platform? Does it have any utility?
Yes, ELA is an "utility" coin instead of a "security" The Elastos blockchain really only serves one function, being the ID system needed to connect into the Elastos intranet. The blockchain doesn’t need to scale as it’s just storing simple IDs. This is important as unlike other platform blockchains like ETH etc which are trying to push millions of transactions through the blockchain (thus resulting in ballooning ledgers and scaling issues), here transactions go through the decentralised secure P2P network not the blockchain, so no scaling issues. Incentive for DApps to use Elastos does not come from an incentive to use the Elastos blockchain itself, this isn’t Ethereum. DApps are incentivised to use the Elastos operating system/P2P infrastructure and using its blockchain for decentralised IDs is a requirement to use that. Other use cases are as follows: Dapps will be paying in ELA for the services they'll be using like cloud services, DNS services, acquisition of UUIDs for digital assets, etc Elastos ecosystem collaboration projects(dapps built on Elastos in collaboration with Elastos) have to lock no less than 2-5% of their project tokens published for converting into ELA. 20% of the project tokens(converted to ELA) will be used for Elastos foundation development. 80% of the actual project tokens will be rewards shared by all ELA holders. Eg. If a dapp decides to create 10 billion of tokenX, at least 200 million will be distributed. Out of these 200 million, 40 million will be converted to ELA and given to the Elastos foundation. The rest 160 million will be distributed to all ELA holders. So, if you are holding 300 ELA and the supply of all ela holders adds up to 10 million(locked and unlocked ela both), you’ll get approximately 4800 of tokenX airdropped to you for free. Users can use ELA to register an ID in Elastos and use this ID to purchase items such as DApps, cloud storage and many other resources, including other digital products and so on. Those who decide to lock their ELA(minimum of 300) will earn an interest of 4%, 5%, 6% for up to 3 years(not compounded year-to-year). ELA will be the main currency that will be used to reward developers for creating dapps on the Elastos platform. Users can participate in token sale projects and products with ELA within Elastos. Apps built on elastos can implement their system to process transactions using ela/sela. And many more…
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what is the purpose of the ela coin? i didnt get it. who is going to use the coin?
Utilities of ELA- The Elastos blockchain really only serves one function, being the ID system needed to connect into the Elastos intranet. The blockchain doesn’t need to scale as it’s just storing simple IDs. This is important as unlike other platform blockchains like ETH etc which are trying to push millions of transactions through the blockchain (thus resulting in ballooning ledgers and scaling issues), here transactions go through the decentralised secure P2P network not the blockchain, so no scaling issues. Incentive for DApps to use Elastos does not come from an incentive to use the Elastos blockchain itself, this isn’t Ethereum. DApps are incentivised to use the Elastos operating system/P2P infrastructure and using its blockchain for decentralised IDs is a requirement to use that. Other use cases are as follows: Dapps will be paying in ELA for the services they'll be using like cloud services, DNS services, acquisition of UUIDs for digital assets, etc Elastos ecosystem collaboration projects(dapps built on Elastos in collaboration with Elastos) have to lock no less than 2-5% of their project tokens published for converting into ELA. 20% of the project tokens(converted to ELA) will be used for Elastos foundation development. 80% of the actual project tokens will be rewards shared by all ELA holders. Eg. If a dapp decides to create 10 billion of tokenX, at least 200 million will be distributed. Out of these 200 million, 40 million will be converted to ELA and given to the Elastos foundation. The rest 160 million will be distributed to all ELA holders. So, if you are holding 300 ELA and the supply of all ela holders adds up to 10 million(locked and unlocked ela both), you’ll get approximately 4800 of tokenX airdropped to you for free. Users can use ELA to register an ID in Elastos and use this ID to purchase items such as DApps, cloud storage and many other resources, including other digital products and so on. Those who decide to lock their ELA(minimum of 300) will earn an interest of 4%, 5%, 6% for up to 3 years(not compounded year-to-year). ELA will be the main currency that will be used to reward developers for creating dapps on the Elastos platform. Users can participate in token sale projects and products with ELA within Elastos. Apps built on elastos can implement their system to process transactions using ela/sela. And many more…
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I dont see information how can i buy your tokens, can you help me with this information please! Thank you!
Hi, You can purchase ELA on huobi.pro and https://www.bcex.ca/
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Is there any list of exchanges where one could purches it?
Hi, ELA can be purchased on huobi.pro with the trading pairs of ELA/BTC, ELA/USDT, ELA/ETH, and on BCEX ( https://www.bcex.ca/)
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Hello admins of Elastos, I am a designer. May I know what is the deadline of submissions. Dear Elastos Video Contestants,
A number of participants have showed great interests in participating in the the video contest and raised a couple of concerns. After careful consideration, Elastos has decided to make a few updates in the above post to best accommodate everyone. Thank you for your understanding and we look forward to seeing everyone's submissions!
1) 90 days extension. 2) Entries may be created and submitted by individual participants working alone, OR by a group participants with the restriction of: no hired resources. 3) Prize amount doubled.
Hi layoutph, thanks for reaching out!. The deadline for video contest has been extended to July 15, 2018 at 23:59 EST. Logo contest has ended.
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Dear Elastos Video Contestants,
A number of participants have showed great interests in participating in the the video contest and raised a couple of concerns. After careful consideration, Elastos has decided to make a few updates in the above post to best accommodate everyone. Thank you for your understanding and we look forward to seeing everyone's submissions!
1) 90 days extension. 2) Entries may be created and submitted by individual participants working alone, OR by a group participants with the restriction of: no hired resources. 3) Prize amount doubled.
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Thanks for such an awesome contests. Video is in the making ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's great, thanks for your participation and support! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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very interestested for joining logo and video contest ELASTOS, but the logo contest has ended? hi dev, still to confirm for joining logo contes ELASTOS? waiting for you reply myquestion here,
best regards creativeeditors
Yes logo contest has ended, but you can still participate in the video contest. Thanks for your support!
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Thanks so very much for your feedback. We will remove that right now. We will still collective those personal info in private for the top 10 participants to comply with all legal regulations. Thanks for your understanding:-) Thanks again for your support to our project and we are looking forward to your participation! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Hi Google Form for video contest doesn't work. Kindly fix ty Fixed. Thanks so much for your feedback. Sorry about any inconvenience.
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The video should be in English or I can represent Russian public?
Thanks for your interest in participating in the video contest! If you could add english subtitles to the video, then you can present to both Russian public and english audiences:-) Let us know! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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What about bounty campaign? Would there be any in Elastos project? Very interesting idea and tremendous plans for the future))
We have our content creation campaign created here:-) https://bitcointalk.org/index.php?topic=3089082.msg31962461#msg31962461have bounty program
Yes, we do, please check out the link above ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Is there any bounty program for the bitcointalk community?
Yes, video and logo design content creation bounty:-)
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