Crypto Gloom

Elastos

Majuro, Marshall Islands, January 30, 2025, Chainwire

Funding support accelerates the development of ELA tokens, default Bitcoin Defi protocols and Web3 Data Economy.

Elastos, a distributed web infrastructure pioneer, announced today a $ 20 million strategy investment of Rollman Management to expand the ecosystem sorted in Bitcoin. The ROLLMAN Management, recognized as a famous investment in blockchain projects such as Ripple, Ethereum, Solana and Plank, is one of the current five holdings. This partnership will provide fuel to the launch of BEL2, the default Bitcoin Defi protocol of ELASTOS, and expand the merged mined ELA token to Bitcoin Reserve Asset and accelerate the element. The Web3 Data Marketplace allows the producers to make content with content without individuals.

As Bitcoin’s market cap surpasses $ 2 trillion, Elastos solves the important gap in the Bitcoin ecosystem.

  1. Bitcoin’s merged store preliminary assets ELA: ELA tokens have been secured by Bitcoin’s hash power through Merge-Mining since 2018, consistent with Satoshi Nakamoto’s 2010 Distributed Network Vision. By 2105, the ELA has a total of 28,220,000 people and about 50%of Bitcoin hashrates, increasing the security and dispersion rate, providing additional revenue to BTC miners without additional costs, and encrypting the ELASTOS’s Bitcoin-Native Defi system. Make it.
  2. BEL2: Bitcoin’s Defi Breakththrough: BEL2, which was released in the second quarter of 2024, allows Bitcoin Holders to access Etherrium Smart Contract Service with BTC in a personal wallet. This includes mining stabloin, eliminating the dependence on asset loans, synthetic BTCs (for example, WBTC) and centralized managers, and unlocking value. BEL2 combines an intervention network that allows you to earn BTC fees with nodes that are distributed to steak and protocols by steaking the ELA and protocols by the LockScript, Zero Knowledge Proof of Zero Knowledge, and ELA stakeholders.
  3. Elacity: Creator Revolution of Web3: The ELACITY V2, which earned $ 5,600 in 24 hours through a tokenized podcast access by one producer who has already been proven in the initial test, will be released in April through channels and subscription models. Through this, the influenza can expand its technology to support the tokenization of the AI ​​market, as well as encryp, tokens and sell the content/royalty of ELASTOS for the audio and video market.

“We use Bitcoin’s $ 1 billion consensus to provide web3 users with extended utility. Rong Chen, ELASTOS founder. “The merger advertisement connects ELA’s security to Bitcoin ‘s, and Elastos’ distributed finance protocol BEL2 unpleasantly uninstakes BTC support Defi, while elature creates a distributed digital product economy. Rollman’s investment supports our role as a utility layer of Bitcoin. ”

Rollman’s $ 20 million investment will lead the development of Elastos Technologies, and Elastos helps to recycle branding, mature technical positions, and enter the market. This includes improvement of marketing efforts, which will become the leader of the Bitcoin native dipy space where Elastos grows larger.

Ella Stoss as a pioneer of Bitcoin Security Governance

In addition to technology development, Elastos is a CRC (Cyber ​​Republic Consensus) governance model and has been formulated as a DAO LLC of Marshall islands and signed with Rollman. The delegate -based system can acquire the MINED ELA, APY, a community member, voting for the proposal every year, promoting innovation and contracts, and to operate one of the 12 members of the council who verifies EVM. ) And identity. Through this, governance decisions reflect the concerns of the community and show the dedication of Elastos for the truly distributed and transparent ecosystem rooted in Bitcoin.

As ElastoS enters the next stage of growth, participants acquire Merge-Mined ELA with a market cap of $ 48,542,586 and are fixed by almost 50%of the Bitcoin hashrate and the same as 244.008 Frontier. Supercomputer). The ELA completely mines the fixed upper limit of 28.22m tokens, which has been proven for more than six years, and provides 3.29% emissions through the Essentials wallet to ensure the lack and predictions of the holders. Establishment of ELA Bitcoin -level security and next -generation applications available at the Central Response (Coin Base, Ku Coin, Gate.IO, Huobi, Bitget, Crypto.com) and Distributed Exchange (Uniswap, Chainge Finance, Glide Finance).

Additional information

About elastos

ELASTOS is a Smartweb Ecosystem Builder, which focuses on creating a decentralized application and crosschain connection. The Elastos, built on the Bitcoin Merge-Mining, expands to an additional layer depending on the security of the world’s largest public blockchain. The introduction of BEL2 and its mediator networks indicates the latest efforts to develop Elastos’ latest efforts to develop more open, clarity and untrusted global financial systems.

Website: elastos.info

X/Twitter: @elastosinfo

Rollman Management Digital Information

Rollman Management Digital is a private investment and management consulting boutique founded in Virgin Island, British. The company will invest in talented teams and blockchain protocols to further develop technology and business, adding significant value to the future of the modern economy.

RMD is Victor R. Ch. Rollman, the founder of Rollman Capital, Rollman Mining and Rollman Management. The group offers a wide range of investment opportunities, financial services and management consulting to UHNWIS, entrepreneurs, developing countries, product trading companies, banks, family offices and pension funds.

Website: https://rollmanmanagement.com/

Contact

Ahmed IJ
Ella Stoss
Ahmed@elastos.info

Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance