Elph Ico: A Decentralized Ethereum Blockchain dApps Store!

in #cryptocurrency6 years ago

Hello everyone! I discovered this Decentralized Ethereum Blokchain Dapps Store called **Elph **

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What Is Elph?

As the titles gives it a way Elph is an Ethereum Blokchain Dapps store, like this man said on his review " imagine Google Chrome with Apple App Store on top of Facebook Authentication, but made for decentralized Internet." I couldn't put it in a better way. Elph has only one goal, making the use, purchase and finding Dapps easier for users. Elph tried to keep a high quality of Dapps by managing themselves the submission protocol, so users only get the best of the best. The platform also provided an Ethereum wallet that has numerous features such as user's private key server back-up, ip localization, no gas fees... Etc

What is the Elph Token Used For?

The Elph Ico Token (an ERC20 token) will be used for:

  • Applying to the store by Dapps developers, a certain amount of tokens must be staked.

  • Depending on theirs stake hold, curators can upvote and downvote Dapps in the store.

  • All participants are rewarded with ELPH – consumers (for finding the best DApps), developers (for the DApps), and curators (for proper curating DApps).

Conclusion

All and all, it's a really cool concept put together by a high quality and professional team, I'll be testing it in the upcoming days and sharing my thoughts on it and pointing out the pros and cons of it, so stay tuned for that in the upcoming week.

Elph's official website


Thank you for reading see you soon 🌺

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