TokenInsight has recently published the rating report for Elastos (ELA), which has received a project rating of BB with a stable outlook.
❔What is Elastos:
Elastos aims to create a new kind of Internet, powered by blockchain technology.
✅ Initiated in August 2017, Elastos project is designed to build the
next-generation Internet-based on the blockchain and peer-to-peer network;
✅. After one and a half years of development, Elastos’ main
components under planning have almost done.
✅In addition to the development, Elastos is further establishing
the community governance organization.
✅The project is characterized by normative open source codes,
conventional amount of code and frequent code
✅The project is transparent in the fundraising process and
capital spending, and discloses financial expenditures to the
✅Elastos will, at a later stage, hand over the governance rights of the
project and nearly 50% of ELA tokens to CR (Cyber Republic), a
community governance organization. CR will decide by vote the
set up of committee, fund utilizing and other important matters;
✅Elastos boasts of wide ecological layout, and has a partnership
with a number of enterprises, which plays an active role in the ecological development and expansion of user groups;
✅Elastos shows great initiative in the community development,
with regular and frequent dynamic updates, good community
base and well-developed community;
✅Elastos’ team has more than 100 members, around 75% of whom
are R&D personnel, and core members are experienced in software
TokenInsight gives B to Elastos with a stable outlook. Overall, the risk of Elastos is moderate.
Learn more about Elastos
TokenInsight is an independent third-party data analytics organization whose focus is to provide accurate information and ratings on companies developing in the blockchain industry. TokenInsight is dedicated to providing accurate ratings, research, and analytics that contribute to intelligent financial decisions and market transparency.