Team and Founders

Rong Chen, founder and chief architect, is a former senior Microsoft software engineer with over 30 years of experience in operating systems. He created Elastos with a vision of a secure “World Computer.” 

Sunny Feng Han, co-founder and economic advisor, graduated from Tsinghua University School of Economics and Management. He works alongside Chen on ecosystem strategies and the economic model of the project through the Elastos Foundation. 

Investors and Key Partnerships

Elastos has received over 200 million RMB in funding from industry giants including Tsinghua Science Park, TD-SCDMA Industrial Alliance, and Foxconn Group. 

Key partnerships include: 

• ElacityLabs: Develops cDRM tech for P2P trading. 
• Bitmain: Provides merged mining hardware support. 
• OKMINER, f2pool & ViaBTC: Supply hashrate to secure the network. 
• Tencent Cloud: Supports Chen’s operating system expertise. 

Concept and How It Works

Elastos ensures digital assets are scarce, identifiable, and tradeable. Using blockchain, digital content receives verifiable identities, enabling creators to monetize their work. 

The Elastos Smart Network has four main components: 

• Elastos Blockchain: Creates secure identities for every device, person, website, and digital asset. Uses main chain and sidechains to keep dApps separate from the main chain. 
• Elastos Runtime: Lightweight OS that blocks direct internet access for apps, protecting user data from malware. 
• Elastos Carrier: Fully decentralized P2P network that transmits app traffic. 
• Elastos SDK: Provides tools for apps to access Elastos Smart Network identities and Carrier services. 
• Elastos uses merged mining with Bitcoin to secure its network, leveraging existing computing resources while remaining environmentally efficient. 

Governance

Elastos is governed by a global community including founders, angel investors, crowdfunding participants, and the Elastos Foundation (registered in Singapore). ELA holders collectively shape the network’s future through decentralized decision-making. 

Roadmap 

• H1 2025: Launch BeL2 Arbiter nodes for local Bitcoin DeFi, deploy Elacity v3 marketplace, integrate BeL2 lending dApp. 
• H2 2025: Finalize BeL2 protocol with ELA staking, BTC model support, expand developer tools, update World Computer. 
• 2026: Full integration of decentralized OS features, strategic partnerships, and global adoption initiatives. 

Token Information and Use Cases

The Elastos token (ELA) powers the decentralized internet infrastructure: 

• Governance: Voting in the Elastos DAO; 5,000 ELA required to be a council member. 
• Digital Identity: Manage decentralized IDs (DIDs) on blockchain. 
• Transactions & dApp Fuel: Gas token for smart contracts and dApps across sidechains. 
• Digital Assets & DeFi: Payments, asset trading, staking, and DeFi transactions. 
• Security: Bitcoin merged mining ensures high security. 

Token Details 

• Token Name: ELA 
• Max Supply: 28,210,000 ELA 
• Total Supply: 26,070,000 ELA 
• Use: DAO governance, community incentives, ecosystem activities 

Key Features 

• Community-driven PoI governance 
• BeL2 second-layer integration with Bitcoin 
• High security and network reliability 
• Open-source, decentralized infrastructure 
• Bitcoin-backed security and reserve features 

Security & Reserves 

• Merged Mining: Uses Bitcoin’s hashpower to secure ELA. 
• AuxPoW: Combines Bitcoin security with Elastos efficiency. 
• Reserve Asset: ELA provides economic stability for dApps and services. 

Official Links 

• Website
• Twitter
• Telegram
• Youtube

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Core Idea and Objectives of Aleo 

Aleo aims to address growing privacy concerns in the digital world. Users can interact and transact on Aleo while maintaining complete privacy. This enables them to benefit from blockchain’s decentralization, immutability, and transparency while protecting personal and sensitive information. 

Aleo also provides developers with opportunities to create privacy-first applications. This enhances user security and opens new possibilities in areas requiring strict data privacy. 

Team and Founders 

Aleo is developed by Aleo Systems. The team consists of experts with deep experience in cryptography and blockchain. Designed as an open-source ecosystem, Aleo encourages community participation and feedback-driven governance. 

• Howard Wu – Founder & CEO 
• Alessandro Chiesa – Founder, ZKP pioneer 
• Raymond Cheng (CTO) – Expert in software engineering and distributed systems 

Investors and Partnerships 

• Andreessen Horowitz (a16z) – Leading crypto and tech investor 
• Coinbase Ventures – Investment arm of Coinbase 
• SoftBank Vision Fund – Global tech investment fund 
• Polychain Capital – Blockchain-focused investment fund 

How Aleo Works 

• Aleo operates using Zero-Knowledge Proofs, allowing transaction validity verification without exposing transaction data. 
• Provers and Verifiers: Network participants generate proofs (provers) and verify their validity (verifiers), maintaining decentralization and security. 
• Leo Programming Language: Aleo features Leo, a privacy-focused language that simplifies building ZKP applications. 
• Hybrid POW/POS Consensus: Aleo uses a hybrid mechanism to ensure transaction security and decentralization. 
• AleoHQ & AleoBFT: Specialized algorithms providing cost-efficiency, security, and participant incentives. 

Key Features 

• Layer-1 blockchain: Secure, private transaction infrastructure 
• ZKP-based verification: Protects sensitive data 
• Developer-friendly: Enables privacy-centric smart contracts 
• Aleo’s architecture allows nodes to collaboratively store encrypted user and application data while remaining independent. 

Governance 

Aleo blockchain adopts an open-source community governance model. Aleo Systems focuses on development and product creation, while community participation plays a crucial role in network governance. 

Roadmap 

• Deploy and run programs locally 
• Operate SnarkOS provers 
• Deploy and run programs on-chain 
• Run incentive-based SnarkOS beacons (consensus nodes) 
• Launch Mainnet 

Token Use Cases 

• Transaction Fees & Network Services: ALEO tokens are used to pay for network transactions and smart contracts. 
• Incentives & Rewards: Provers and validators earn ALEO for services, along with community incentives. 
• Staking: Token holders can stake with validators to enhance network security and earn rewards. 
• Governance: Post-mainnet, token holders can vote on project decisions 

Token Information 

• Total Supply: 1.81B ALEO 
• Max Supply: Unlimited (∞) 
• Circulating Supply: 472.23M ALEO 

Token Distribution 

• Early Backers: 34% 
• Grants & Education: 25% 
• Employees & Contributors: 17% 
• Aleo Network Foundation & Provable: 16% 
• Strategic Partners: 8% 

Ecosystem and Features 

Aleo’s ecosystem provides broad opportunities for developers of privacy-centric applications: 

• Privacy-first smart contracts 
• Secure messaging and voting systems 
• Personal data management and healthcare apps 
• By leveraging ZKP, Aleo offers an ideal infrastructure for scenarios requiring data security and user privacy. 

Official Links 

• Website
• Twitter
• Discord

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Caldera (ERA) Airdrop and Listing Details

Binance listed Caldera (ERA) as the 27th HODLer Airdrop project. Between July 1–5, 2025, users who deposited BNB into Simple Earn (Flexible/Locked) or On-Chain Yields products will receive a total reward of 20 million ERA tokens. This amount equals 2% of the total supply. 

Airdrop tokens will reflect in users’ Spot Accounts at least one hour before trading starts. Snapshot details will be shared within 24 hours. 

Spot Trading Start: July 17, 2025, 15:30 UTC 

• Trading Pairs:
  ERA/USDT
  ERA/USDC
  ERA/BNB
  ERA/FDUSD
  ERA/TRY 

Circulating Supply at Listing: 148,500,000 ERA (14.85%) 

Smart Contract Addresses:

•  BNB Chain: 0x00312400303d02c323295f6E8b7309bc30FB6BcE
• Ethereum: 0xE2AD0BF751834f2fbdC62A41014f84d67cA1de2A 

ERA deposits became active one hour after the announcement. Binance will publish a detailed research report on Caldera within 48 hours. 

Click here to register on Binance with a 20% trading fee discount!

About ERA Token

Caldera is a modular infrastructure protocol that allows developers to create customized rollup chains. It aims to deliver high speed and low-cost transactions for Web3 applications, enhancing user experience. Security leverages Ethereum and BNB Chain’s safety. 

With this listing, Binance continues its support for modular blockchain infrastructures and early-stage Web3 projects. 

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

What Is Caldera (ERA)?

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Game-Changing Investment in EigenLayer

Venture capital giant a16z has invested $70 million in EigenLayer, currently the largest restaking protocol on Ethereum with over $12 billion in TVL. This follows their earlier $100 million commitment during EigenLayer’s Series B funding round. This latest investment focuses on acquiring EigenLayer tokens.

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According to a16z, the funding aims to speed up the commercialization of EigenLayer’s services and to integrate their AVS ecosystem. The goal is to unblock barriers for developers working across smart contract platforms and even those from traditional Web2 environments.

Introducing EigenCloud: The Future Is Verifiable

Sreeram Kannan, CEO of Eigen Labs, envisions a future where EigenCloud powers a new wave of crypto apps aimed at mass markets. Recently released in its alpha stage, EigenCloud is designed to help developers build verifiable and trustless Web2 applications on top of any blockchain infrastructure.

This breakthrough enables:

• Fully onchain games,
• Onchain insurance services,
• Decentralized marketplaces,
• Verifiable AI integrations,
• Smart adjudication systems.

All of which rely on programmable cryptographic verification.

The New Era of Crypto Applications

The company believes this is only the beginning. In their official statement, Eigen Labs noted:

“Bitcoin disrupted money, and Ethereum made it programmable. But we believe the next era of innovation starts when any application in any industry can be made verifiable by any developer.”

Currently, access to EigenCloud is limited to select developers, with a broader rollout expected by the end of the year.

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As of April, AI DApps reached 16% market share, up from 11% in February. Meanwhile, both DeFi and gaming sectors saw declines, each falling to 4.8 million daily unique active wallets (dUAW).

AI-Powered Use Cases Drive Growth

AI DApps recorded an impressive 26% jump in activity in April, reaching 3.8 million dUAW. According to DappRadar analyst Sara Gherghelas, this is not just hype. “AI DApps are bringing real utility to users, and that’s driving long-term engagement,” she said.

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At the top of the list is LOL, an AI mining platform that rewards users with tokens based on their laughter’s pitch and frequency via Telegram. Dmail Network, a decentralized AI-based messaging service, ranks second, followed by World.Fun, which helps deploy AI agents in multi-agent simulations.

“These projects show staying power. They’re building, not just trending,” Gherghelas emphasized.

Social DApps Surge As Web3 Holds Steady

Social DApps also saw growth, rising 18% to hit 3.6 million daily users, with total market share crossing 15%. Despite macroeconomic headwinds like US tariffs, Web3 overall remains resilient, with 23 million dUAW in April — only slightly below February’s 24 million.

DappRadar highlights that memecoin narratives and AI functionality are major user engagement drivers in today’s Web3 landscape.

With the rise of AI agents, utility-driven design, and sustained user growth, the next phase of Web3 may look far more intelligent — and decentralized — than ever before.

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Web2.5 platforms don’t fully embrace decentralization, and some in the crypto space criticize them for that. Still, they offer a smoother user experience while maintaining core blockchain principles, which is what makes them attractive to broader audiences.

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According to Pampati, developers on Aptos aim to create “great consumer experiences” supported by a developer stack built for scalability and simplicity. Aptos’ Meta-origin design philosophy focuses on minimizing Web3 friction while preserving decentralization.

The Real Challenge: The Next Big Catalyst

Pampati also touched on a core challenge: attracting non-crypto-native users to the ecosystem. He warned that founders often resort to rehashing old ideas like memecoins or NFTs, instead of exploring genuinely new concepts.

“The next wave of users will come from something new—not something that’s already been done,” he said. For broader adoption, innovation will be key. Pampati emphasized that the ecosystem should encourage founders to look beyond past trends and prepare for the next catalyst that could bring in the next million or ten million users.

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