Elf to Host AI2NFT Campaign
elf has launched the AI2NFT campaign in partnership with Stability World AI. The campaign is scheduled to run from October 28th to November 25th, offering exclusive rewards to participants.
Refer to the official tweet by ELF:
aelf@aelfblockchainOtt 28, 2024🌟The AI2NFT Campaign Is Now Live!🌟
We have teamed up with @StabilityW_AI to launch AI2NFT - where you generate #AI art, mint them on @NFT_Forest_NFT, and unlock exclusive rewards!
â°Campaign Period: October 28, 12pm UTC+8 to November 25, 2024, 12pm UTC+8
🎁Rewards: Win a… pic.twitter.com/bI9QymqBgM
ELF Info
Aelf is an one-stop solution for Web3 DApps, built upon a cloud-native, high-performance, next-gen blockchain system. With its various infrastructures and developer tools that underpin Web3, applications in Aelf ecosystem can run in a secure, fast, and cost-efficient manner.
The main feature of the Aelf project is the creation of scalable blockchains that can operate in parallel and efficiently process transactions. This is achieved through the concept of “one chain to one type of contract”, which enhances the network’s efficiency and speed.
The ELF token is used to manage network resources, including node management, token transfers, and the execution of smart contracts. ELF token holders can also participate in the Aelf governance system and vote on proposals for changes within the ecosystem.
The Aelf platform utilizes the Delegated Proof-of-Stake (DPoS) consensus algorithm, which reduces energy costs and increases network throughput. DPoS also eliminates the risks associated with mining centralization in traditional Proof-of-Work (PoW) blockchain systems.