What currency is issued by Elastos (Elastos coin 2021)

What currency is issued by Elastos According to official news from the Elastos Foundation, it will be open for trading in the Coincore Technology APP on June 1, 2020.

It is reported that Elastos is a comprehensive platform built on the decentralized network ecosystem of Elastos, and it is also one of the most active projects in the blockchain field. Its core features are decentralized consensus mechanism, community governance, and token economic model design. What currency does Elastos issue? What currency does Elastos issue? What are the issuance methods related to Elastos? Please refer to the official announcement on the official website: Elastos (ID: “yibenq”) is an open-source public chain led by the community and has a high social impact.

Elastos Coin 2021

On January 11, Elastos Coin (Iridium) was officially released and opened for community operations in 2021. According to the official announcement, starting from December 1, 2019, users can register, trade, or stake Elastos’ NFT assets to participate in mining and lock in Elastos Coin rewards.

It is understood that the total circulation of Elastos Coin at the end of 2020 was 200 million, of which 10 million had been sold, and another 3 million was provided by the ecological fund to investment institutions. Shortly after the launch of Elastos Coin’s mainnet, it began to repurchase and destroy Elastos tokens to ensure network security and stability. In mid-October 2020, Elastos first released 5 million coins, currently worth about 4 million US dollars. In early 2021, Elastos officially sold 50 million NFTs to global investors, and will continue to increase more equity products and functionalities, as well as further expand application scenarios.