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Home News Cloud Computing Platform aelf Lists on Bitfinex Exchange

Cloud Computing Platform aelf Lists on Bitfinex Exchange


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.

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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.”

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.”

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