Ellaism (ELLA) is an open-source platform created for decentralized applications (Dapps). Ellaism is an Ethereum-based network that allows smart contract deployment compatible with the Ethereum Virtual Machine (EVM). EVM is the software platform developers can use to create Dapps on the Ethereum network. Ellaism aims to create a smart contract platform that is both fair and trustworthy. The Ellaism core team holds vital transparency in its financial and development process to establish a stable platform. The platform has a welcoming community and a donation-based development process.

As per its whitepaper, the Ellaism platform aims to utilize proof-of-work (PoW) to secure the blockchain. Ellaism has no mandatory developer fees with all support and development donated by the community, making the coin an honest and pure Ethereum project. The Ellaism platform features no pre-mine, no contentious hard fork, a financial policy where a 20 percent mining rewards reduction happens every ten million blocks, and no difficulty bomb. The Difficulty bomb is the gradual increase in Ethereum mining difficulty as a part of the migration to a proof-of-stake (PoS) system.

The Ellaism network functions on the following principles:

ELLA is the native token of the Ellaism platform that can be generated through the process of mining.

The Ellaism project was launched in September 2017. According to the roadmap, the platform seeks to include client and wallet development and maintenance, EVM and developer tools, governance system, Ethereum protocol level new features, and many more. ELLA has a maximum supply of 280,000,000 tokens.

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