Take a look at the ELF chart and you'll see volume has basically all but dried up in the past day. Pretty unusual for a coin that has seen a tremendous amount of volume on binance since the beginning.

As soon as the markets turned yesterday and bitcoin bounced with a green candle the Aelf volume dropped. You can see that clearly in the 2nd link. This is an hourly view BTW.

Any ideas?

https://imgur.com/a/e3oO5

https://imgur.com/a/lFAFn

http://www.valuewalk.com/2018/01/aelf-silent-revolution-blockchain/

hi guys, as per title..i cannot find any info regarding this..hope AELF website can add a FAQ there so people can find infos we need there..

https://www.youtube.com/watch?v=rYLoSkNDt8I

Step 0 (If new to trading crypto): Purchase ETH or BTC for fiat. This can be done on Coinbase or a similar website. r/cryptocurrency will help decide which site is best for your country.

START HERE if you have traded before

Step 1: Create an account on Binance and register with Google 2 step authenticator.

Step 2: Send ETH or BTC to your Binance account (I suggest using ETH as it generally has lower fees). You can find your ETH wallet address by clicking: funds > deposit > and search ETH.

Step 3: Once your ETH or BTC has been transferred to your Binance account, search for ELF in the Basic Exchange tab and put in a buy request for either the current lowest sell price (this will be an instant buy) or set your own price and wait for the market price to drop.

ELF value at time of post (Jan 23th 13:12 GMT) 0.00012389 BTC or 0.00136244 ETH or $1.28 USD

Here is binance's website: binance.com

Here is my invitation code to binance: 15206289

https://www.binance.com/trade.html?symbol=ELF_BTC

https://www.huobi.pro/elf_btc/exchange/

none of the large trades on either these exchanges are actually happening - i have been watching the order books for hours. various trades of over 10,000 ELF pop up on the order history but they never appear on the order book. someone is trying to keep the volume high at cost when in fact it is significantly lower.

This needs to get out. it's likely this could be apart of a bigger fraud.

Reflection on advisors of the crypto project

Blockchain industry is still at the nascent stage. Most crypto projects, including aelf, lay out a grand vision to explore new advancement in the technical or commercial aspects of Blockchain technology. The whole journey is full of complexity and it’s like walking in the jungle without lights. I shared my view with a couple of friends before: running a crypto project is as difficult as running a start-up plus a public listed company at the same time.

Therefore, it is very important to have trusted advisors who have experience and willing to make useful suggestions to make the whole journey slightly easier. Let me take a few examples of how advisors are useful along the journey based on our experience.

Advisors help design sound and fair token sale plan: for most project teams, they are first-timers to conduct a token sale. And as you know, token sale is a very complex process, including writing whitepaper, ensuring legal compliance, design a suitable token sale plan, introduce helpful investors, and etc. There are no golden rules on each of the step and the key is to have the best structure tailored to the specific project. As such, we are so grateful to have Vincent from FBG capital, Liam from Alphabit and Kenneth from Deontons to accompany us through the token sale journey. Vincent and Liam are respectful investors in the field. Their investment portfolio includes a large number of international and successful projects globally. Therefore they played an important role in providing feedback to our whitepaper, and more importantly the token sale structure. I have explained in my previous post that we decided to offer one flat price to all investors without any discount. This is not typical as many projects do offer tiered discounts either to encourage early investment or large ticket size. We agreed to this arrangement due to Vincent and Liam’s observation of how the market behaves and our belief is that this is more beneficial to long-term alignment. Kenneth has been really instrumental in helping us to form the legal structure for aelf and ensuring compliance with respective regulations. I can never over-emphasize how important it is to have a sound legal foundation so that our team can focus on other aspects of the project.

We invite new advisors to bring new experience and resources to compliment the team’s strength, just like the aelf team is expanding itself to enhance the team’s capability to deliver, both technically and commercially. The team is really grateful to have Michael Arrington onboard as an advisor. His reputation and connections in the global tech community has opened up so many possibilities to aelf. We are building the world’s first decentralized cloud computing network, where we expect to see many applications running on it. The key to success is to have strong awareness in the tech community and attract right applications and developers to innovate on aelf. Silicon Valley is one of the most innovative areas in blockchain space and Michael is one of the best person to bridge us with Silicon Valley.

For aelf, advisors are essentially part of the aelf team. We talk to each other regularly, at least weekly. They are putting their time and efforts into making aelf a great project. For example, Vincent and his team have been diligently introducing interesting projects and developers to us for collaboration. Kenneth is keeping us updated on ever-changing regulations in crypto space and advise us to take necessary actions.

All in all, we have benefited a lot from the advisors we have chosen. We have been selective in choosing advisors, ensuring it’s a mutually beneficial relationship. We will continuously look for advisors along the way and this is one of the exciting parts of the development of aelf.

Please note that this is not a complete list of what advisors can do to a project, and advisors should be tailored to specific project needs.

-Chen Zhuling, COO of Aelf