Easy for Game Devs. Scalable for Studios. Secure for Everyone.
Build Web3 on aelf
Explore Ecosystem
Supporting the Next Generation of Blockchain Startups
Identifying top minds and projects as the go-to choice for tomorrow’s era of a decentralised Web 3.0 world. We invest in like-minded founders that align with our vision.
Frequently Asked Questions
What is the mission of aelf?
What is Web3?
How to get started on aelf?
What is ELF?
What is sidechain?
What is the mission of aelf?
To become the go-to choice for Web2 to 3 development
What is Web3?
Web3 refers to the third generation of the internet, which emphasises decentralisation and user empowerment. It is built on blockchain technology and aims to create a more open, transparent, and user-centric internet experience. Web3 envisions a future where individuals have greater control over their data, digital assets, and online interactions. It enables peer-to-peer transactions, decentralised applications (DApps), and the use of smart contracts to facilitate trust and collaboration without relying on intermediaries.
How to get started on aelf?
To get started on aelf, you can follow these steps:

1. Obtain ELF tokens: ELF is the native token of the aelf blockchain.

2. Set up a wallet: Choose a wallet that supports ELF tokens and provides compatibility with the aelf blockchain such as Portkey.

3. Store your ELF tokens: Transfer the acquired ELF tokens to your chosen wallet and ensure you keep your wallet credentials secure.

4. Explore aelf ecosystem: Visit the aelf website, explore their documentation, and learn more about the features, use cases, and projects built on the aelf blockchain.

5. Participate in aelf community: Engage with the aelf community through their official channels such as social media platforms, forums, or Telegram groups. This will allow you to connect with other users, developers, and enthusiasts, and stay updated on the latest developments within the aelf ecosystem.
What is ELF?
ELF is the native cryptocurrency of the aelf blockchain. It serves as a utility token within the aelf ecosystem, enabling various functionalities. ELF tokens can be used to pay for transaction fees, participate in governance, and access services within the aelf network. Additionally, ELF tokens can be staked to earn rewards and participate in consensus mechanisms on the aelf blockchain.
What is sidechain?
A sidechain is a separate blockchain that operates alongside and interoperates with a primary blockchain, often referred to as the main chain or parent chain.
Sidechains allow for the transfer of assets or data from the main chain to the sidechain and vice versa, providing scalability, flexibility, and specialised functionalities. Sidechains offer several advantages, such as:

1. Scalability: By offloading some transactions and data to sidechains, the main chain's capacity and performance can be improved.

2. Interoperability: Sidechains can establish interoperability with the main chain, enabling the transfer of assets or data between chains and facilitating cross-chain interactions.