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ELS serves as the governance token for Ethlas, a Singapore-based entertainment ecosystem using blockchain to challenge the norms of the traditional gaming industry.
Ethlas aims to deliver products that are easy to access, fun to use, and interoperable. It brings in users from both Web2 and Web3 via interactive experiences that run on and off-chain, supporting broader Web3 adoption. Established in November 2022, Ethlas has launched several products, including browser games like Ethlas Metaverse and Battle Showdown, as well as native mobile apps such as Komo Valley and My Pizza Story (previously called Komo Cafe).
Beyond its own games, Ethlas plans to widen its ecosystem using open collaborations, cross-ecosystem interoperability, and blockchain infrastructure to help provide smooth, connected experiences.
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