Web3 Revolution or Just Another Day in Cyberspace? See What Elacity Is Up To!

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On a quiet morning, while the samovar gurgled away and the winter birch peered in through frostbitten panes, Elastos—after a brooding silence only the eternally unpunctual Russian postmen can rival—revealed Elacity. A Web3 platform, they called it, where a creator is no longer a beggar before the gates of mighty platforms. Tokenize, monetize, glare at middlemen with aristocratic disdain; all are possible now. Music, films, essays—whatever the creative heart dares; all stand at the threshold, price tag lovingly attached, with not a toll collector in sight. Such audacity! The press release, fat and self-important as a provincial mayor, solemnly declared this would “redefine the creator economy.” Well. We have seen revolutions before, have we not? Some even burned down the neighbor’s barn.

On Elacity, minted works don the aristocratic robes of encrypted NFTs, guided by smart contracts—no need to tangle with code, unless you like the smell of burnt eyebrows. One may open “smart channels,” the velvet-roped salons of the digital realm, where loyalists pay subscriptions and casuals can window-shop before being shooed away. Content can be locked behind ERC-20 tokens, NFTs, or perhaps a stern matron’s disapproving gaze; mere mortals need not apply. Perks abound—exclusive chats, royalties for fans, and, for collaborators, the kind of financial clarity you’d envy at divorce proceedings. Royalties, split with mathematical cruelty down to 0.1%, get flung instantly to all involved. Round, efficient, rather unlike my uncle’s attempts to pass the vodka bottle. Connect with email, Apple, Google, or X (whatever that is—the czar’s secret police?)—not even a wallet is required, so your babushka can join too. What could possibly go wrong? 😂

Behind the lace curtain stands Elastos’ SmartWeb, which, according to rumor and technical mumbo-jumbo, is secured by ELA, a token sharing hash power with Bitcoin. Over 50% of it, in fact—enough to reassure dull accountants and excite those who dream of blockchains under their pillows at night. Every transaction, every self-congratulatory sale, whirls through ELA, tying value to fame—like a poet hoping Moscow will notice him.

Sasha Mitchell, who apparently rebuilt the internet between lunch and tea, boasted, “We’ve rebuilt the internet for creators.” Meanwhile, CTO Anders Alm whispered of “a new creative economy”—one where fans become stakeholders, not simply wide-eyed rubes. If true, Russia will have to invent a new proverb.

For those who haunt the cryptocurrency alleys, it’s the latest shiny bauble—assets, but tokenized and as rare as a summer without rain. Elastos already coaxed $20 million from Rollman Capital for its Bitcoin DeFi ambitions, perhaps by promising not to mention the word ‘bear market.’ Adoption, ah, there’s the rub: will creators or their confused fans hop onboard? Still, with IPFS storage and a tech stack as deep as a Siberian well, the contraption may endure. Investigations are welcome at labs.ela.city or by harassing @elacityofficial. 📬 The dominoes have been set; now we wait to see if they fall or merely rattle, annoying the neighbors.

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2025-04-16 18:41