Cloud Computing Platform aelf Lists on Bitfinex Exchange

340
ADVERTISEMENTS

Share with:


Decentralized cloud computing blockchain network aelf announced, on Thursday, that the popular Bitfinex cryptocurrency exchange will now list its ELF token. The aelf intital coin offering closed in December, having raised USD 25 million. Bitinex joins Binance, Huobi, CEX, OKEx and others in offering the token, following an initial coin offering (ICO) in December that raised USD 25 million.

JL van der Velde, CEO of Bitfinex, said, in a statement: “Bitfinex is pleased to provide a platform of support for this forward-thinking and unique project, which we see as becoming a key contribution to the future development of a vibrant commercial blockchain ecosystem. We only select the highest caliber tokens that we anticipate being well-received by our thriving community, making aelf the ideal addition to our existing offering.”

The aelf cloud computing platform focuses on the addition of scaleable nodes, similar to those used by Dash and other high throughput networks, enhancing the computing power of the network and allowing more complex computations, as well as isolated side chains for smart contracts to be run independently. Aelf will also employ a governance model that will give token holders voting rights proportional to their stake in the aelf ecosystem.

aelf’s cofounder, Zhuling Chen, stated: “The listing will further bolster the global reach of the aelf platform and increase the accessibility and utility of the ELF token, enabling us to breach new markets and invite more users into our community.”

advertisement

Our vision is to establish a blockchain ‘Central Business District’ where different industry applications have dedicated chains to serve their specific needs. As we bridge the gap between technical capability and commercial requirements, aelf is also committed to giving back to the highly-engaged community that has helped support our plan to unleash commercial values on a performant multi-layer blockchain system.”

To learn more about aelf visit aelf.io.

About Alex Behrens

Alex started his professional career in a data analyst role at a global electrical components distributor before transitioning to work in the blockchain industry full time in 2017. He has performed research and analysis on multiple projects including traditional securities and cryptocurrencies, and has contributed to operational design for cryptocurrency mining and other entrepreneurial projects since 2015. Alex graduated from Ithaca College in 2014 with a BS in Finance and a minor in Politics.

View All Articles
advertisement