The true value of Elastos coin (ELA)

I just added a few words to make everything blend together. Credit goes to the Elastos Devs/source: https://developer.elastos.org/elastos_blockchain/concepts/tokenomics/

Ecosystem Value

1.ELA is the base currency that governs the entirety of the Elastos ecosystem. ELA uses a unique and hybrid PoW/DPoS consensus mechanism where Bitcoins miners generate blocks and Elastos supernodes sign them, working together to secure the ELA blockchain. ELA currently has over 60% of bitcoin’s hash rate with an ATH of 80%, not only making it more secure and expensive to attack than Ethereum but also unable to be forked. Elastos is the first project which successfully addresses the blockchain trilemma issue of security, decentralization, and scalability.

This is the definition of Ethereum from Paypal. As you can see it’s a bit limited, Ethereum is not enough to create decentralized Tik Tok or Instagram, only Elastos can achieve this. Elastos has already a Decentralized Twitter and a Decentralized Tik Tok and a lot more. The 4th year is all about nurturing the ecosystem.
Source:https://developer.elastos.org/elastos_blockchain/concepts/sidechains/

Speculative Value

This is purely speculation and not investment advice. I know that Microsoft/Apple are not just operating systems but they are the closest competitor to Elastos, with Linux and Android and Solid
ELA is precious like bitcoin and industrial-like Ethereum. ELA gained the Smart web Store of Value, Reserve Asset, Hard Asset, and an arbitrage opportunity against Bitcoin
This picture follows the Bitcoin narrative logic, remember when people were saying that Bitcoin was a store of value or digital gold back in the days, they were laughed at, it takes a long time to build an economy, and Elastos(ELA) intent to do it, just like Bitcoin did but in its own ways. ELA is still precious and with a very limited supply. This analogy should not make you think that ELA is like oil (the commodity traded in the stock market which can be traded below 0). ELA is similar to Bitcoin but for data.

Economical Value

Currently, 18,391,212 ELA are in circulation out of 23,084,774 ELA with 4% inflation per year. The voting/staking rewards are 4–5% per year for the moment. The Elastos DAO called the Cyber Republic is currently reviewing the inflation model to change it for something more like Bitcoin’s deflationary model with halving and more. It would give Elastos one of the most powerful coin economics ever created. If we look at the valuation of the Internet of everything from Cisco’s CEO at more than $19,000,000,000,000, Elastos would have a potential value of more than 1 million per coin. I personally would say that $10 000 to $50 000 would be more realistic over the next 20 years. This is obviously not financial advice and it could take decades to achieve this, not saying it will, but I am saying that it technically could. Exactly with the same speculative thoughts of people like Thomas Lee saying that Bitcoin is a potential $1 million to $10 million asset per coin.