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What can you do with Elastos?
Store/Hold Elastos
Many users hold on to their Elastos with the expectation of it increasing in value. You can store your ELA safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Elastos
You can trade Elastos for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Elastos trading to meet your needs.
Send Elastos
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Elastos online and send to anyone and anywhere with their Elastos address.
Spend Elastos
You can also buy goods and services with your Elastos. More and more vendors and retailers accept Elastos every day.
Donate Elastos
Bitget Charity accepts Elastos donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Elastos so no one misses out on the growth made possible by blockchain.
Learn More About Elastos
You can read more in-depth articles on Elastos from Bitget Research and study how cryptocurrencies like Elastos work on Bitget Academy
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What is Elastos (ELA)?
Elastos is a project that aims to revolutionize the internet by using blockchain technology. The focus is on decentralization, security, and digital asset ownership. It was founded in 2017 by Rong Chen with the aim of returning the internet to its original vision of being a truly free and private ecosystem. Elastos provides a platform for Web3 applications that enable users to have complete ownership over their personal data and information. The initiative is not just about improving the user experience in the Web3 space but also about making the next wave of the internet more accessible and open-source on a global scale.
How Elastos (ELA) Works
The Elastos platform operates through a unique ecosystem that comprises various components, each playing a fundamental role in powering the platform. One of the key features of Elastos is its ability to enable users to create their own Decentralized Identifiers (DIDs). These DIDs allow users to store all their personal data existing on Web3, thus giving them full control over their information. In an era of data privacy concerns, this feature is crucial as it empowers users to decide who has access to their personal information.
The Elastos ecosystem is further enhanced by the Essentials Wallet, which provides a powerful and seamless user interface. This wallet serves as a one-stop shop for all Elastos needs, allowing users to interact with different Web3 decentralized applications (dApps) and other external blockchains. It supports token swapping, bridging, and payments across a variety of popular external blockchains, providing a comprehensive multi-chain experience. Additionally, the Cyber Republic (CR) mechanism within Elastos facilitates governance through a community-based system. This approach drives project proposals and initiatives, leading to a more efficient method for reaching agreements on the project's future development, asset management, and more.
How Many Elastos (ELA) Tokens Are in Circulation?
ELA has a total supply of 25,403,202. The current circulating supply of ELA is 21,719,572.
How to Buy Elastos (ELA)
Consider investing in Elastos (ELA)? It only takes 2 minutes to create an account on Bitget and start trading ELA.
Check out the available ELA trading pairs on Bitget!
Spot market
Elastos (ELA) Resources
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