Welcome to Token Tank Episode 4! On this exclusive episode of Token Tank, we invite ELASTOS founder, Rong Chen, to discuss the need for a decentralized internet & carrier. He also provides us with $ELA news and updates. We, the TT panelists, also discuss how @Elastos_org plans to execute their delivery via merge mining, hardware devices, IoT, and how they plan to move beyond TCP/IP structures to build a whole new decentralised information architecture & network.

Elastos Website: https://www.elastos.org/en/
Elastos Telegram: https://t.me/OntologyNetwork
Elastos Twitter: https://twitter.com/OntologyNetwork

? What are your thoughts on Elastos? YOUR thoughts matter! Please leave your comments below! ?

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Our panelists for this episode of Token Tank include:

? Brad | Blockchain Brad
https://www.youtube.com/channel/UCbkjUYiPN8P48r0lurEBP8w?sub_confirmation=1

? Alex | Crypto Candor
https://www.youtube.com/channel/UCrNytueyuavn5mVVt89epDA?sub_confirmation=1

? Lark | The Crypto Lark
https://www.youtube.com/user/larksongbird01?sub_confirmation=1

? K-Dub | Crypto Zombie
https://www.youtube.com/channel/UCiUnrCUGCJTCC7KjuW493Ww?sub_confirmation=1

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TOKEN TANK is a show that invites top tier blockchain and crypto startups to pitch their project (or update their project) to an assortment of blockchain/crypto panelists ranging from backgrounds in media, VC, engineering, and more. The focus of the show is to provide high quality, objective reporting, exposure, and information about the featured project to encourage viewers of the show to conduct their own due diligence and form their own conclusions about the invited project.

✅ Don’t forget to SUBSCRIBE to TOKEN TANK to receive updates on future episodes!
Twitter: https://twitter.com/TheTokenTank
Instagram: https://www.instagram.com/thetokentank/
YouTube: https://www.youtube.com/channel/UCQJbzzVhlQji-54-ZWciAQw?sub_confirmation=1

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DISCLAIMER: This is an unpaid interview for a project that was deemed worthy of research time, recording, and posting for educational purposes only. Information contained here in is not an offer or solicitation to buy, hold, or sell any security. We are not financial advisors and are simply providing information for educational purposes. Investment in ICOs (initial coin offerings) involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial advisor before investing in ICOs. The SEC (Securities and Exchange Commission) has warned investors residing in the United States that ICOs may constitute securities, and by investing in ICOs, investors

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40 COMMENTS

  1. I hope they are gonna employ that Cornelius character from Toronto meetup. Elastos desperately needs a new spoken reprezentantive. I mean Rong is obviously a genius, but it seemed like he totally misunderderstood a couple of questions here and started talking way off topic

  2. Brad, I really like the information you gather for the community and all the hard work you do but you need to learn how to interject rather than interrupt the person you are interviewing. Please let the person finish their sentence, or point, before you ask a new question, rather than speaking over them. I understand you are wanting to dig deeper but we can miss out on important information if speak over the top of people mid sentence. Thank you for bringing such good content for us. I really appreciate it.

  3. Good job guys the crypto tank is a very intressting idea but plz plz guys take more time to cover those project this kind of interviews is the only way to know tte true vision of a project in an extended way ,it s the only way to judge a project leader and how he intend to lead it to mainstraim and give the leaders all the time that they need to express them selfs and it s the only way to hear some infos that we can't find in the withepaper or else where so plzz guys take your time if the content is of high quality like that i don't mind if you post a 2h livestream ?

  4. I think what some people find confusing is the plethora of ID verification options, NEOID, ONTID, DID – I think it's worth pointing out that those options are limited in the level of IDV they are able to provide. To provide the higher leves of IDV cooperation with governments is necessary inol

  5. I love this project so much I have so much of my capital in it and I feel like I have a good grasp of the tech an the vision and how it can play out but I’ve studied it for months and I feel like Rong is a noble man but he has a hard time selling his vision to people I believe I think ELA needs a superstar spokes person that can sell the vision and Rong can be there as well but the more I watch of Rong the more I get why people are confused and don’t understand the project really… I hope this changes because the tech is amazing but the vision is hard to sell now having said that I have so much respect for Rong I really think he will go down as the man who changed the internet for the better one day

  6. Guys, I love ELA but the TOKENOMICS are not adding up if this is to function as a currency coin. Either this is a utility coin and the price per each token was justified or this was a currency token masquerading as a utility coin and the supply does not add up. If the TRUE goal of this project is to allow ELA to function as a currency then there's something not adding up here. he tech is great, cyber republic thumbs up, partnerships on the up and up and roadmap is awesome but its still unclear as to what the real value of the coin is.

  7. Finally ! I think we have plenty of info on the tech behind ELASTOS. We needed to get some better understanding of the Marketing plan for this project. This, at least gave us a little more insight about their competition and road map. This is obviously a race to become THE SMART WEB Blockchain Operating system, before one of the behemoths like AMZN, GOOG or MSFT decide to get in the game. (Not to mention EOS and ADA). All we can hope for is that Ron's vision turns into the "new decentralized internet" of choice for the masses. Get ready for an exciting journey over the next few years. Thank you, guys, for all the pertinent questions.

  8. I was worried for a moment when zombie and candor said "as westerners, they don't really need a smart web" and digital assets! Strange thing to say coming from content creators. Well done Brad for pointing that out. But that's the tip of the iceberg. If they've ever used Facebook or heard of the associated data leakage and vote manipulation scandals, internet scams or attacks then they'd know we have serious problems with the way the internet has become so centralised. Thank goodness for Lark who appeared to just get it. Whilst I love the idea of this show, I was truly disappointed with its narrative this time round. It was more focused on the hype aspects, its no surprise the value propositions of elastos were completely missed. "When neo partnership? when ethereum VM? When can we buy smart tv box? Do we get rewarded?" ?? FYI the smart tv box is not an elastos product rather a product of a partner that saw the opportunity to leverage the elastos platform thus reducing overall costs whilst at the same time providing new services for their end users. Now that is one example of the value proposition elastos brings to the table. Think about the internet and the explosion of innovations that occurred on it over the last 15yrs, think about how the internet becoming more centralised has slowly snuffed out this innovation with the internet giants killing any attempts at competition, now do you see why elastos is so relevant? There are essentially new decentralised profit models and endless possibilties even Rong Chen hasn't even thought of yet. The great thing is that Rong invites everyone to take part in growing this ecosystem. I truly hope future interactions focus on these things so that people actually understand at a higher level what projects aim to achieve before diving into the hype!

  9. Elastos is for me the front line of my fight in defiance of the malign centralised banking system. It’s the only project I see as a champion that has me genuinely excited about the future and its possibilities. Whilst there are far too many wannabe day traders letting their greed chase short term profits, I bought and am holding Elastos as an investor who will not sell under any circumstance, because the markets are blatantly being manipulated and the institutions aim to exploit their suppressed price controls to consolidate their control over crypto. People should demonstrate their long term belief in the project by not letting their positions be influenced by the present volatility.

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