Aelf is a fundamentally new approach to cloud computing, which is, as is obvious by now, the future of the Internet on many levels. The unavoidable issue that exists in any centralized system is doublу dangerous for cloud computing – the issue of a single server having to handle all the information and transactions going through the system. By distributing the functionality between not merely a few, but also an entire network of nodes which act as their own sub-clusters, Aelf is able to handle unimaginably larger volume of work without even a hint of difficulty. On top of that, to ease the work of any and all future ICO and other projects, every smart contract will use their own “side chains”, while being indexed and governed by the “main chain”. The saliency of the project comes not simply from the (quite experimental) functionalities, but also the from very direct way of user-participation in the company’s decision-making process. ELF token holders will be confronted with a series of choices on the development of the platform, where their vote will be used as the will of the shareholders, and so allowing for a democratic and transparent development.