24/7 Cryptocurrency News

Elastos Launches Elacity: A Web3 Platform Empowering Creators with True Content Ownership

Elastos launches Elacity, a Web3 platform empowering creators to tokenize content, control royalties, and engage fans directly.
Published by
Elastos Launches Elacity: A Web3 Platform Empowering Creators with True Content Ownership

Highlights

  • Elastos unveils Elacity to let creators tokenize and sell content directly to fans.
  • Smart contracts enable precise royalty splits and content access without coding knowledge.
  • Runs on Bitcoin-secured SmartWeb, linking Elacity’s success to ELA token’s value.

Elastos dropped a bombshell today with the launch of Elacity, a Web3 platform that hands creators the keys to tokenize and monetize their digital content—think music, films, or essays—directly to fans, bypassing the usual platform tolls. Per the press release, it’s a bid to redefine the creator economy, and it’s got some meat on its bones.

Elacity lets creators mint their work into encrypted NFTs with smart contracts dictating access, royalties, and resale terms—no coding chops required. You can set up “smart channels” with NFT subscriptions for loyalists or one-off buys for casuals, and even lock content behind any top ERC-20 token or NFT collection, turning holders into an exclusive crew with perks like chats or royalty cuts. Royalties are programmable down to 0.1%, split instantly to collaborators or fans on every transaction. It’s all wrapped in a clean interface—sign up with email, Apple, Google, or X, no wallet needed to start.

Running on Elastos’ SmartWeb, Elacity leans on ELA, a token merge-mined with Bitcoin, tapping over 50% of its hash power for security without extra energy cost. Every sale and royalty flows through ELA, tying its value to the platform’s traction. “We’ve rebuilt the internet for creators,” says founder Sasha Mitchell, while CTO Anders Alm calls it “a new creative economy” where fans become stakeholders, not just subscribers.

For crypto watchers, this slots into the tokenized asset wave—content as a scarce, tradable good. Elastos’ $20 million haul from Rollman Capital earlier this year for Bitcoin DeFi signals they’re serious players. Adoption’s the hurdle; creators and fans need to buy into the model. Still, with IPFS storage and Bitcoin-backed trust, the tech’s robust. Dig deeper at labs.ela.city or follow @elacityofficial. This could be a slow burn worth tracking.

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Grayscale’s Crypto Index Fund Sees ‘Solid Start’ as SOL, XRP Institutional Demand Climbs

Grayscale's crypto index fund is off to a solid start, according to Bloomberg analyst Eric…

September 20, 2025
  • 24/7 Cryptocurrency News

Senate Democrats Urge Republicans for ‘True Collaboration’ to Quickly Pass CLARITY Act

Senate Democrats, led by Senator Ruben Gallego, have released a statement urging their Republican counterparts…

September 20, 2025
  • 24/7 Cryptocurrency News

Crypto Market Correction Intensifies As S&P 500, DXY Enter Dangerous Territory

The broader crypto market has entered a strong correction, with Bitcoin and altcoins continuing to…

September 20, 2025
  • 24/7 Cryptocurrency News

BitGo To Follow Gemini’s Footsteps With US IPO After 4x Revenue Surge

Crypto custodian BitGo is now planning for a US IPO following the footsteps of crypto…

September 20, 2025
  • Bitcoin News

Michael Saylor Predicts Bitcoin Will Outperform S&P 500 Forever

Billionaire Michael Saylor has once again made a bold claim about Bitcoin’s (BTC) future. He…

September 20, 2025
  • 24/7 Cryptocurrency News

Crypto Market Eyes Upside as FTX Set to Repay $1.6B to Customers

The estate of the defunct crypto exchange FTX has revealed plans to distribute billions of…

September 20, 2025