Saturday February 27, 2021
Bitcoin (BTC) $47,339.00   Ether (ETH) $1,496.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Token Offerings/Listings

Dapp infrastructure Elastos (ELA) modifies token lock-in and return program

Published by CryptoNinjas.net
10/24/2018
Dapp infrastructure Elastos (ELA) modifies token lock-in and return program

Elastos, the company building a blockchain-powered internet infrastructure, announced modifications to its token lock-in program. The organization is set to inform ELA holders who are currently vesting with the Elastos Foundation that their tokens will soon be returned to them, citing reasons of best practice and a greater degree of international compliance.

Established in February of 2018, the lock-in program presented an opportunity for holders to vest their tokens with the Elastos Foundation for one to three years. This move, effective immediately, will end the token lock-in program early.

Beginning today, lock-in ELA holders will receive an official communication from the Elastos Foundation in regards to the token return mechanism; November 5th, all tokens will be delivered to a specified wallet address, with a 4% bonus.

Angel investors will also have their ELA tokens returned November 20th. Meanwhile, the approximately 16 million ELA currently controlled by the Elastos Foundation will be allocated for holding with Cyber Republic, Elastos’ digital community fostering development on the Elastos network, until its governing council is put in place in August of 2019. Also, all ELA mined in 2018 by the Elastos Foundation and through merged mining with Bitmain will be allocated towards Cyber Republic for management by the Cyber Republic Preparatory Council.

Elastos

With 18 years of development, Elastos aims to be the first completely secure environment on the web where decentralized applications are detached from the internet while also permitting full scalability to millions of users, Elastos will allow full ownership and wealth generation from data and digital assets.

Powered by blockchain technology, Elastos had an angel investment from both Bitmain and NEO and has been sponsored by industry giants such as the Tsinghua Science Park and the TD-SCDMA Industrial Alliance. Through a strategic partnership with Shanghai Shijiu TV, the world’s leading HTML5 and browser technology developer in the OTT and Smart TV fields, Elastos is set to reach a carrier node count of one million by the end of this year.

8
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Elastos launches v1 of DApp browser platform on Android
Vendor Technology

Elastos launches v1 of DApp browser platform on Android

01/09/2020
Elastos blockchain set to implement DPoS component
Blockchain Technology

Elastos blockchain set to implement DPoS component

03/27/2019
Elastos Carrier now deploys over one million network nodes
Blockchain Technology

Elastos Carrier now deploys over one million network nodes

01/28/2019
First Blockchain-Powered Internet Elastos Now Listed At KuCoin
Token Offerings/Listings

First Blockchain-Powered Internet Elastos Now Listed At KuCoin

07/18/2018
Crypto asset manager KRYPTONITE1 sells QTUM tokens, buys NEO
Featured

Kryptonite 1 invests in Bluezelle, GBX, and Elastos

02/02/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version