Elation, noun. A feeling of great happiness and excitement. This is what we feel when we think of Elastos and all that it is trying to achieve. Elation being comprised of “ELA” and “TION”. “ELA” of course represents Elastos, with “TION” extrapolated to represent “Nation”. This is the “Elastos Nation”, which we can only hope to duly represent as a Cyber Republic Council Member.
This Week On the Elation Nation
Passionate about Elastos - we Champion the Elastos Nation
Vice President at Morgan Stanley with over 13 years of banking experience supporting institutional and high net worth clients across equities, structured products, exotics, fixed income, and cleared derivates. He’s a strong technical lead with degrees in Economics and Data Analysis, primary skill sets in risk management (market & counterparty), and margin financing (prime brokerage) focusing on large asset managers and hedge funds. Managing global markets and a team of 50 individuals across North America, Europe, and Asia.
Executive Director at Morgan Stanley with over 15 years experience in the banking industry supporting an institutional and wealth management client base across fixed income, equities, and cleared derivatives asset classes. He’s a strong business leader with degrees in Finance and Marketing, primary skillsets in client service, and managing large globally disbursed teams of over 150 individuals.
Cyber Republic Consensus
Leverage Elation Studios expertise in areas of communication, productivity, execution, risk management, F2B complex processing, large budgets and global team management to grow the Elastos brand.
Marketing Strategy and Plan
Elation Studios is developing an Request for Proposal (RFP) for marketing agencies to bid on the opportunity to represent the Elastos Brand. This RFP will ask for experienced marketing agencies to develop a marketing mix, with varying levels of force, designed to efficiently incentivize 3rd parties to build on the Elastos ecosystem whilst also increasing the Elastos user and investor base.
Education of the Elastos Ecosystem
Blockchain as a technology has been around for over a decade and the masses still do not understand it. We aim to create Elastos’ supporting material to be readily available and easily digestible. Educational videos for the layman on what Elastos is, its governance structure, marketing strategies, and how to navigate/use the front-to-back ecosystem.
Council member have the right to recommend proposals and vote on proposals based on their own conclusions and beliefs. Council members are elected by the community on their own respective platform. We believe the CR Council needs to better represent and keep informed the wider community.
CR Proposal Funding Challenges
Whilst ELA continues to trade at a deep discount (versus ICO price) coupled with low trading volume there are valid concerns around funding CR proposals with ELA as it needs to often be sold shortly thereafter in the open market to fund a proposals execution. This creates downward pressure on the ELA price, resulting in proposals not passing and ring-fenced marketing budgets not being used.
CR Revenue Generating Mechanisms
We believe there are revenue generating mechanisms that are yet to be explored or acted upon by the Council. These mechanisms may include DeFi solutions such as contributing to liquidity pools, participating in staking, mining activities, or entering various other structured deals.
CRC Voting Issues
Elation Studios would like the CR to reconsider the current voting rules, which allows members to either vote “Yes”, “No”, “Abstain” or “Undecided”. The later “Undecided” vote occurs when a council member has either failed to vote or their vote was not chained due to technical errors. Unfortunately, many instances where this has occurred were due to council members failing to vote and as a result proposals that would have benefited the ecosystem were not passed through.
CRC Voting Reforms
To alleviate challenges with the current voting system we would like to further explore; regular CRC meetings, an increase in the voting period, minimum 'suggestion' periods, creation of an emergency voting mechanism and additional ways for the wider community to have visibility and feedback loops on proposals.
Elation Studios Commitments
As an elected council member, we commit to acting with a high regard for integrity and professionalism, engaging regularly with the Community, producing regular updates on key initiatives/developments, striving to improve the cohesiveness between the EF/CRC/community and maintaining a 100% voting record.
Follow us on our journey to to build the Elastos brand
Fakhul (Fox) and Troy (TT) with a like minded passion for Elastos form Elation Studios with a single goal in mind - build the Elastos brand
Elation Studios run for Cyber Republic Council on a platform of improving Marketing, Education, Communication, Funding and Voting Reforms.
We are elated to secure a CR Council seat, thank you to everyone that supported us!
Transparency & Communication Commitment: proposed engagement model for regular CR council meetings ratified with agendas and meeting minutes made available to the community
Privileged to chair the first meeting of the new CR council where we discuss; thanking previous council, introductions, meeting mechanics, new Secretary General and vision for the year ahead
In house Marketing material for Elastos and the Cyber Republic beings to be released: ‘ELAphant in the Room’ artwork and ‘Cyber Republic Celebration’ video
Elation Studios Chair the second CR council meeting. Topics include upcoming web3 summits, building an NFT marketplace on Elastos, CR funding and revenue generation opportunities, scope of the Secretary General role and community engagement
Elated to share the latest promotional video, a mash-up of a phenomenal community video and an in-house production comparing Web2 to the Elastos SmartWeb
Excited to release the new elation studios website, which showcases the Elation vision, commitments to the community, Elation roadmap, in house artwork & media as well as selected community material
RFP shared with CR Council for discussion and feedback during CR council meeting on August 11th
CRC feedback is incorporated and the Marketing Strategy RFP is finalised and issued to the Market
Enjoy and share artwork and videos from our media library
Watch videos and art work from the wider community
Watch Interview Videos with Prominent Members of the Community
Read Interviews and articles about the Elastos ecosystem
The Global Innovators Community is a highly selective group of the world's most promising ventures who stand at the forefront of technological and business model innovation. The Elastos Foundation will initially join 2 WEF Platforms: "Shaping the Future of Technology Governance: Blockchain and Digital Assets," and "Shaping the Future of Technology Governance: Data Policy."
Recent geopolitical events, such as President Trump’s order to ban TikTok and WeChat in the United States, have exemplified the imperative of decentralization. The next generation internet will empower individuals to own their data, exchange their wealth, and control their digital footprint — all without being subject to the whims of politicians and tech giants, which have historically weaponized the web for their own gain.
In Q4, 2021, e-Money is excited to announce that they will be integrating with the Elastos ecosystem. Acceptance of cryptocurrency payments and blockchain technology has exploded in popularity across online platforms and physical assets in recent months, highlighting the need for more stablecoins in other currencies. With their European stablecoins, e-Money has successfully filled that gap.
We would love to hear from you.