YIBI is online EGLD(Elrond)、PEOPLE(ConstitutionDAO)

YIBI Offical
2 min readJan 20, 2022

Dear users,

YIBI has launched EGLD(Elrond)、PEOPLE(ConstitutionDAO),on January 20, 2022 at 16:00 (Hong Kong time), and opened EGLD/USDT、 PEOPLE/USDT. We sincerely invite you to experience!

Introduction of the currency

EGLD

The Elrond blockchain was launched in July 2020 and is committed to providing a decentralized, secure and scalable network platform for distributed applications (dApps) and enterprises. The project focuses on cross-chain interoperability, support for developers and improving operational efficiency. Elrond Network calls itself an Internet-scale blockchain, and Elrond can handle transaction throughput comparable to that of major Internet platforms, not compared to other blockchain networks. From the perspective of Elrond’s throughput: the Bitcoin network can confirm 7 transactions per second (TPS) on average. The Elrond team claims that its network can handle 15,000 TPS, and the cost of each transaction is only 1 cent.

More details:

Website:https://elrond.com/

White Paper:https://elrond.com/assets/files/elrond-whitepaper.pdf

Smart Contract Address:0xbf7c81fff98bbe61b40ed186e4afd6ddd01337fe(BSCchain)

Note: Please do not transfer coins to smart contract address, it cannot be retrieved.

PEOPLE

ConstitutionDAO is a decentralized autonomous organization formed by Alice Ma and others to raise Ethereum to bid for a copy of the U.S. Constitution auctioned by Sotheby’s. It is reported that the copy of the constitution is the only copy still owned by private collectors, and the auction proceeds will be donated to a charity established by the current owner. The initial crowdfunding goal is 20 million U.S. dollars, and PEOPLE tokens will be issued to donors at the ratio of 1ETH=1 million PEOPLE. PEOPLE token holders will have the right to vote on the use of the copy of the constitution, but will not grant any actual ownership. The news of the bidding triggered a frenzy in the crypto community. From November 12, 2021 to November 18, in less than a week, ConstitutionDAO raised more than US$40 million, reaching 200% of the crowdfunding quota. If it wins the auction, ConstitutionDAO plans to cooperate with famous museums or historical societies to display the document in free public places.

More details:

Website:https://www.constitutiondao.com/

Smart Contract Address:0x7a58c0be72be218b41c608b7fe7c5bb630736c71

Note: Please do not transfer coins to smart contract address, it cannot be retrieved.

Risk tip: Digital currency is a high-risk way of investment, please be careful to buy, and pay attention to investment risks. YIBI selects premium currencies, but is not liable for guarantees, compensation, etc.

YIBI Exchange team

2022/1/20

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YIBI Offical

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