What problem does this service solve?

Elastos' goal is to use blockchain to reduce the influence of large monopolies on the internet.U Network's goal is to create a decentralized publishing platform that allows all users to participate in content moderation and governance decisions.

Token Stats

Company Description

Elastos is developing a blockchain-based operating system for the new internet. Elastos wants to reduce the influence of large centralized monopolies such as Google and Facebook, and to allow users to have more control of their online data and identities.
Elastos envisions the internet as the base-layer infrastructure rather than as an application. Their goal is to build a decentralized internet infrastructure that will separate network communications from application computing. By prohibiting applications from having direct access to the network, overall security will be increased.
The Elastos blockchain assigns all users, DApps, and devices their own decentralized ID, and replaces the internet's current TCP/IP protocol with a decentralized protocol that is more transparent and secure.
Elastos has received significant investment from NEO, Foxconn, and several other influential companies. The platform is powered by the ELA token.

U Network is developing a decentralized content publishing and discovery platform. The network is powered by the Ethereum-based UUU token. Content creators are rewarded for publishing quality content, while other users are rewarded for predicting what content will be popular. U Network's on-chain prediction market protocol has a pricing mechanism for up votes and down votes that serves as a curating mechanism.

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