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Cloud Ethereum

What is ALEPH coin? What is it used for?

What the ALEPH coin is used for. Aleph is a protocol for simplified decentralized cloud computing. Basically an alternative to AWS.

ALEPH coin is

The native coin of the Aleph Network.

ALEPH coin is used for

  • Pay for storage
  • Pay for computing
  • Pay for synchronistaion

How could value accrue to the coin?

Fees

  • Fees to use the protocol are paid in the token.

What is Aleph?

A protocol for simplified decentralized cloud computing. Basically an alternative to AWS for web3 and DeFi.

The coin is currently hosted on ETH, BSC and NEO and will be hosted on the protocol in the future.

How does it work

It uses IPFS and several application layers for its cloud computing. Developers can integrate the network with a few lines of code.

The network currently supports

  • Ethereum
  • Solana
  • Polkadot
  • Binance Smart Chain
  • Polygon

Use areas

  • Order Book
  • Documents
  • Metadata
  • Cloud Storage

For example backing up NFTs that are stored on an auction platform or similar.

Staking

Users can stake their tokens in their account and earn a variable APY.

  • Currently at 16%.

ALEPH Tokenomics

Total supply: 500 000 000

ALEPH coin address

Distribution

  • 10% — Innovation
  • 12% — Marketing
  • 30% — Company
  • 24% — Business Development
  • 20% — Incentive
  • 4% — NULS Foundation

DOCS

Similar projects

ALEPH coin price

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