Rickys fundamentals VIP
Nov 3 · 7 min read

AELF: 2020 under the radar spartan..

  • You Must read the disclaimer in the link below (pdfhost)
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https://pdfhost.io/v/9AehF1kdW_Legal_disclaimerpdf.pdf

  • 🗓 on october 24, aelf launched their largest bug bounty ever.
    https://www.reddit.com/r/aelfofficial/comments/dp4u7b/aelf_launches_bug_bounty_receive_up_to_1500_per/
  • 🚨 The bug bounty was in anticipation for the google cloud market place and the near future influx of enterprise grade users.
    🗓 On october 30,
    They announced their google cloud marketplace working relationship with their aelf enterprise.

    https://twitter.com/aelfblockchain/status/1189493604059762690?s=20
  • 🆕️ Aelf have reportedly hired a veteran from google cloud services and are setting themselves up in position to compete with amazon cloud services.
    They are also available on aws
    ▪︎They should announce this shortly after the bug bounty is completed after november 5th.
  • 📊 "AWS reported revenue growth of 41% on Thursday, as the cloud-computing division continues to provide substantial profit for its parent company. Sales at AWS rose to $7.7 billion from $5.44 billion a year earlier, beating the $7.69 billion average analyst estimate, according to FactSet"

WHAT IS AELF ❓

  • ▪︎"Aelf is a customizable operating system (OS) specifically for blockchains. The team is aiming for it to be the “Linux system” of the blockchain community."
  • ▪︎"Taking off from where Ethereum and every other crypto-tech left off, Aelf is the doorway to a flexible, scalable, and inter-related network of several isolated blockchain protocols, all coming together in a cloud to help make the crypto industry much more customizable, scalable, and implementable for all sorts of mainstream usage."
  • ▪︎"While projects like Ethereum made the blockchain something implementable in infinite ways through its smart contracting innovation, the problem of scalability, a fast-growing network, which requires suitable governance models to help adapt to the change, and the problem of interference from different smart contract protocol, have in a way hindered the business world from the optimum benefits of the crypto industry. Hence, this project is the gateway between all imaginable business scenarios and the enormous benefits the cryptocurrency world has to offer."
  • ▪︎"It uses the science of cloud computing with an interconnected network of several crypto-networks, connected in side-chains, with a customized set of rules, on how all these networks will interact smoothly together, and one that gives room for additional chains with exclusive rules for individual groups, yet a common rule that binds the whole ecosystem together."
    ____________________________

🚨 AELF:

  • Aelf have withstood the test of time.
    🗓 The aelf ico was the 28th of november, 2017.
    ▪︎they raised just 25,000,000$
    (Which is miniscule in comparison to the majority of ico's from the same era)
  • Aelf were prudent with team funds, while many similar projects have depleted and ran out of funds during the bear market.
    ▪︎but as i said, aelf have proven their resiliance and kept on developing, while maintaining a very low and humble profile.
    ▪︎aelf went under the radar for 4 months leading into october.
  • ▪︎This year aelf have upgraded millions of lines of code..

🚨 These are a few partnerships that aelf have secured that will take flight in 2020.

  • Aelf has secured partnerships or working/development relationships with:
    ▪︎chainlink
    - chainlink oracle
    - others
    ▪︎google
    - cloud
    - other google developments
    ▪︎amazon
    - cloud
    - aws
    ▪︎amaten
    - major partnerships
    ▪︎huawei
    - cloud
    - technology partner
    ▪︎microsoft azure
  • ▪︎aelf Joins the Ranks of Alipay & Lenovo with Chinese Government Blockchain Certification.
    https://ibb.co/17TjpM8
  • ▪︎Aelf blockchain has been featured in the landscape map project of Infocomm Media Development Authority (IMDA) and Tribe Accelerator in Singapore as one a leading blockchain project in the Data, Cloud & Communications Services category, alongside companies such as AWS, IBM Cloud & Microsoft Azure.
    https://ibb.co/17L7nP3
  • ▪︎China gov showing support to aelf
    “China’s Municipal Government Officials and Other Regional Leaders Visits aelf” by ælf
    https://link.medium.com/Ie5wQqTak1

https://ibb.co/KKSvSJm
https://ibb.co/H2rPXmb

  • they are japans largest gift card exchange.
    https://www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/japans-largest-gift-card-exchange-expanding-internationally-with-blockchain-firm?amp
  • ▪︎"Amaten, a secondary marketplace for gift cards, announced a partnership with the Singapore-based cloud computing startup Aelf, according to a statement published August 20. The exchange plans to scale its operations internationally using Aelf’s enterprise-oriented blockchain platform."
  • ▪︎"Founded in 2012, Amaten has grown to capture 40 percent of Japan’s gift card exchange volume and takes in approximately $110 million in revenue annually. On a global scale, the gift card industry has ballooned into a $340 billion market."
  • ▪︎"By converting gift cards to digital assets managed by Aelf’s platform, the firm looks to “revolutionize the way gift cards are issued, purchased and exchanged.”
  • ▪︎“The current system and technology used for gift card[s] is completely obsolete and dates all the way back to the mid 90s,” said Amaten chairman Tom Kanazawa."
  • ▪︎“It still suffers from basic fundamental shortcomings and is very inconvenient. I believe that the gift card industry can be a perfect use case for blockchain.”

don't get too caught up in all that above..

  • 🆘️ The things to remember are the chinese certificate and chinese visit.
    ▪︎the partnerships are important, but in the end, aelf wants to compete with most of them.
  • Aelf is a top 5 china crypto that is so under the radar.
  • 🆘️ It is important to note that while aelf isn't even on the china top blockchain list..
    https://ibb.co/Nn3Sgbf
  • 🆘️ Aelf is the first and only company with a cryptocurrency to receive official certification in china by national government.
    https://ibb.co/yscCNHb

https://twitter.com/aelfblockchain/status/1153216554139451392?s=20

  • "aelf is the first, and so far only, blockchain project with a cryptocurrency to be recognized by CESI.
    Although ELF tokens are emphatically not included in the accreditation, it is still one of the few projects that have a cryptocurrency to have some sort of official recognition from the government.
    China’s government has largely supported distributed ledger technology, and provided 30% of the funds for a new $1.6bn blockchain incubator in September 2018."
  • Aelf started the year off around 2800 sats and grew up to just over 4500 sats in march..
    It has been downhill in sats from there globally speaking with a few great swings up.
    Aelf in eth pair ressembles strongly the sat pair.
  • Aelf has seen more action in usdt pair this year in slightly different ways, but overall, the trends were followed.
  • 📊 fundamentally speaking in terms of FA/SA translated into market value, i believe that the bottom of aelf in sats was in september, around the 760 sats range. (Bottom of the downtrend started in april)
    It is from that point that i sense aelf has turned its tides and started to return to a more favorable market increase in interest and value.
  • 📊 aelf has teased and showed signs of wanting to go and stay above the 1000 sat range a few times in october.
  • 📊 aelf is currently sitting at:
    $0.088035 USD (-0.45%)
    0.00000943 BTC (-0.15%)
    0.00046224 ETH (-0.66%)
  • https://ibb.co/cyZ637V
  • 🚨 When the trade comes, i will target the 1100 sat- 1250 sat range on the low end.
    And the 1251 sat- 1500 sat range on the high end.
  • 🚨 I also have a strong sentiment that we can see aelf return to the 2000 sat range if the global market is as is now, or better (but all mid term aspirations are always void if the main btc market crashes or turns south and does not heal in a reasonable time frame afterwards)
    ▪︎i may decide to hold some aelf if my research is conclusive
    - there are a few things i must dig and find still.
    (I will share my results and plans)

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