Hello everyone,
We all witnessed the rise of the cryptocurrencies and the brutal fall of them. Without a doubt, Initial Coin Offerings (ICOs) were one of the main actors in the space. They were too popular. We all tried to buy some projects without knowing what they are doing. Then most turned out to be scams or failures. I do not know about you but now I am too careful about picking my projects now. I do not like the new ones at all. Yeah, now they name them as IEOs, DAICOs etc etc. However, I just prefer not looking them at all. This changed with Elrond. Why?
What is Elrond?
I will just quote the whitepaper here:
A Highly Scalable Public Blockchain via Adaptive State Sharding and Secure Proof of Stake
If you would like to check it, here: Elrond Whitepaper
You can also list its qualities as follow:
- user-friendly
- 10k tx/sec
- minimal latency
- negligible fees
I am not a tech person but as I keep reading the project more, I become more and more excited. They are not a short term big hype project, they think the long term and they keep building. They have a clear vision. And a roadmap to achieve their goals.
All these aside, they are not avoiding regulations. This is really important! They actually researched their options to become a regulated ICO. This is something to admire. They are not some sketchy project with empty promises. They incorporated Elrond Ltd. in Malta. Malta is also called "blockchain island" thanks to their codes about blockchain and crypto regulations. Elrond made the right call with Malta.
Besides, they have a good team and really strong advisors. As far as I can see, they keep delivering. You must at least check them our. They are transparent. They are also really good in communication with community. They know how to do a campaign. In fact, if you'd like to contribute and earn Elrond Points, you can use my referral link 😉 Join Elrond Community
To conclude, Elrond Network is really a great project with lots of good qualities. Of course, this is not an investment advice but I think you should check them out and learn about them. Always do your own research.
For more information about this awesome project:
Official Website: https://elrond.com
Blog: https://medium.com/elrondnetwork
Twitter: https://twitter.com/ElrondNetwork
Facebook: https://facebook.com/ElrondNetwork
Telegram Community: https://t.me/ElrondNetwork
Github: https://github.com/ElrondNetwork