RE: 10 Facts Why ELASTOS Cryptocurrency is a SCAM.

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10 Facts Why ELASTOS Cryptocurrency is a SCAM.

in elastos •  4 years ago 

This post is filled with so many lies

If you want to hear more about the history of how Elastos came to life, read this, it's one of the most interesting story ever: https://medium.com/@elastos_orchard/the-odyssey-of-rong-chen-5df2cd5e8b13

Also, the unlocking was to avoid potential legal issues, that's it: https://elanews.net/2018/10/24/modification-to-token-lock-in-program/
Elastos is such a good project, they have financial reports, they are actually building things, they do not just claim things, they do it!

HERE I WILL CHRONICLE SOME IMPORTANT PIECES OF INFORMATION TO CLEAR YOUR FUD

  1. After 3 years, the Elastos Foundation still has more to stay solvent with 70-80 peoples until Q4 2021 and it was a goal to dissolve it after 4 years from the start, so they will be here until Q4 2021 and maybe 2022. It will progress into a legal Consortium after 2021 nurturing the ecosystem with the core teams for years to come from investors for a team of 25-30 core team. Note that: Elastos has also a decentralized autonomous organisation (DAO) called The Cyber Republic with 12 community elected teams of the individuals who represent and act as the Governance Layer for this new Network Operating System. They collectively control a treasury for years of sustainability and prosperity and can make decisions on the direction and state of the protocol.

  2. Your roadmap is complete none sense, Elastos has achieved everything in their whitepaper, you can try their products. You can even download the ElastOS on android, (iOS and Desktop will be ready soon, you can try it on iOS but it's not the same) and use a decentralized Twitter or a decentralized messenger and other things, there are so many things going on but you clearly haven't done your research. Just and many others like FilDA (Decentralized Lending like compound), Tok Swap (Uniswap), Shadow tokens, Green pass (health dapp), crypto name, Any swap (will be built on elastos in 2021), feeds, hyper, devault, Profile/Decentralized Linkedin, Anyswap but I can’t get into it deeply now

  3. They had received an investment from FOXCONN, read the first article about the history of Elastos

  4. These whole "partnerships" is a 2-way street, you can't know what the partners will do

  5. There is between 220 000 and 400 000 carriers box, they are not consensus nodes if you want to understand the utilities of the coin read this because ouff you do not understand anything: https://anonymous00.medium.com/the-true-value-of-elastos-coin-ela-fd46973ae754 Elastos hasn't failed to do anything, they actually achieved it, you can see for yourself downloading the ElastOS and everything will get better and better

  6. IOEX is actually the one who tried to screw up Elastos, they went behind their back to try to leverage their tech and make some commercial product for their private company. They are the unfaithful one who hasn't said what they really wanted to.

  7. Elastos has a partnership with Bitmain and its merge-mined with Bitmain and other top tier Bitcoin mining pool, Huobi, Binance and others, 60% of the Bitcoin miners mine ELA. Huobi and Bitmain are angel investors, I don't know about Newton but if it's the one with an original NEO co-founder he was helping Elastos and decided to do its thing I think I don't know much about him. The rest is up to the unlocking that I've cleared already.

  8. The G3 alliance hasn't happened because of Da Hongfei and his tribalism, he canceled the deal and now NEO is trying to copy Elastos aha with an inferior idea and product. Here's more info: https://anonymous00.medium.com/enabling-a-smart-economy-with-the-smartweb-16e8a9b638e6

  9. The unlocking has been covered

  10. Jihan Wu is back in his position at Bitmain, Elastos has always been merge-mined with many other pools, Huobi, Binance and most of the other here:s more info about merge-mining: https://developer.elastos.org/learn/blockchain/merged_mining/
    All the Bitcoin miners can have free ELA without more resources and has been merge-mined for years now with other pools, 60%-80% even mine ELA.

  11. Elastos is going to a game changer for world. Remember that blockchain's first technical and cultural breakthrough was the separation of state from money and financial services with Bitcoin? Well, the next one will likely be the separation of big tech from data and identity with Elastos. Note that Elastos inherited the Bitcoin miners (wealthiest miners).

I recommend reading this article: https://anonymous00.medium.com/elastos-the-last-element-to-fulfill-gods-protocol-f43bbf6c1cc6

Thanks to posts like this, I had time to accumulate, always DYOR guys.

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