Aelf platform is Set to Conquer the Metaverse

With the growing popularity of the GameFi sector of the DeFi industry in this new era, and the upcoming metaverse, there is a new blockchain network that aims to stand out from the rest. Aelf is a decentralized blockchain network that offers multiple networks an opportunity to create numerous dApps, enabling massive scalability which supports the future of the metaverse. Because it has its own DeFi protocol, public chain and oracle network, Aelf promotes interoperability across different projects, while allowing enough room for scalability. 

The Aelf group has already launched its mainnet, migrating its ERC-20 and BEP-20 tokens. It also has reputable onboarded nodes, including Bountyblok, Huobi Pool, MATPool from 8BTC, FBG and RockX. Aelf (ELF) is the native token on the platform, which utilizes governance and staking.

Aelf’s very own Oracle is the key to linking on-chain and off-chain network infrastructure, by creating seamless communication between public chains. This innovative solution will break barriers and reinforce the network’s aim to conquer the metaverse. The CEO of Aelf, Haobo Ma states that they are offering their users a blockchain system that is easy to use and performs well.

In line with its focus on DeFi, NFTs, DAO and Web 3.0, Aelf hosts a metaverse-centered hackathon named Top of OASIS. This is a competition for gaming developers, with extensive rewards for the foundation of the Aelf ecosystem, while Aelf Enterprise, on the other hand, focuses on enhancing user experience by empowering its framework, including smart contracts, consensus mechanisms, communication protocols and other projects. The promising interoperability and scalability the Aelf platform are among the primary purposes of the Metaverse – a place where, ultimately, everything is connected.

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ABOUT THE AUTHOR See More
Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.
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