Topic: [ANN] Element Zero Payment Network & Algorithmic Stablecoin Platform (Read 1078 times)

The SmartSwap protocol will give you a glance into what Facebook is releasing tomorrow. They reached out for our whitepaper in Feb

We have released the EZO Beta token!

You can interact with our free value-locked swap, SmartSwap and the EZO Beta token here: https://www.elementzero.network/ezo-beta/

There is no Pax token on ropsten so we have a fake one to test with.
This is the fake pax address:
0xB9b342aA1e8d1089ff11E517922f70381346d0F4

EZO Beta Token Address: 0x95F458B91CcA32C05427B1509a5d3EAc8D69648A

Element Zero SmartSwap could have prevented the Binance attack (and will prevent more going forward) https://www.tapscape.com/the-binance-hack-why-we-need-true-p2p-alternatives-to-exchanges/

We are hosting a poll to find out why you see value in stablecoins https://twitter.com/ElementZeroCOIN/status/1130480737113841665

We are looking to hire Investor Relations professionals - if anyone is interested, send me an email [email protected]

Our CEO quoted regarding the Bitcoin price “Currency has to be spendable and not looked at solely as an investment. When the value of Bitcoin is expected to hit $1M by 2020, it is difficult for the holder to rationalize spending BTC for micropayments when most are aware of the $82M pizza order in 2010. To accelerate this adoption, we need Bitcoin to hit $1M, so that people start spending it! In all seriousness, until Bitcoin reaches a level where people are comfortable selling, we will always struggle with mass adoption. In the meantime, it is imperative for stablecoins to create a decentralized ecosystem that provides users true value stability and liquidity. This way, when mass adoption hits, we are ready to start exchanging ALL the fiat for crypto.

For early adopters, mining provides a great way to get into the space and acts as a quasi rewards program. Performing simple mining tasks and earning BTC that one can spend is an incentive. Once Bitcoin stopped being able to be mined on a laptop, the field of those earning rewards from the
ecosystem shrunk, thereby reducing the onboarding rate.

Now, in most instances, users have to purchase cryptocurrency using a fiat exchange. Centralized exchanges started by providing users free BTC for creating accounts with referral programs. This was done to encourage others to get in on the Bitcoin rush. This excitement helped drive the price of BTC to
$20,000; however, full mass adoption will require more staying power, which includes additional long term valuable rewards like mining. To reignite the rocket to mass adoption, we need brands to create true partnerships with the blockchain space. Creating gateways through decentralized stablecoins carrying rewards similar to branded credit cards do now is one way to move forward. When these brands decide to partner and focus on the payment solutions of the future, we will truly be on the path to mass adoption.”

Source:
https://cryptoradar.org/4-ways-to-accelerate-business-adoption-of-bitcoin/

New video highlights how the stability protocol works https://www.youtube.com/watch?v=5ejCoHverl0&feature=youtu.be

We are opening up our private bounty to the public! Feel free to participate https://beta.bounty0x.io/host/bounties/1588818 for submissions and https://www.elementzero.network/stablecoin/ to test

Profile in the New York Real Estate Journal highlights the Jointer - Element Zero connection http://nyrej.com/eom-jude-regev-jointerio-element-zero-self-taught-driven-passionate-entrepreneur

Almost 3,000 transactions now: https://ropsten.etherscan.io/address/0xfea46633729847ebb49f82c64be3417398bb00a1

Did any member of the community have the chance to try the testnet?
What do you guys think about the platform?

Very disappointed Facebook's project does not address privacy and that they are asking others for a billion dollars.

Facebook's Project Libra is just a money grab by Facebook with an old ForEx Fiat model.

Reserve your symbol with us... FOR FREE - we are decentralized and not reliant on fiat - Support Open Source

This article also explains how companies can even create an ecosystem within the blockchain and foster deeper engagement with customers, with customized features, loyalty solutions and so many other benefits: https://medium.com/element-zero/industry-specific-cryptocurrency-960d611aa16c

Any company can already reserve their own currency symbol for free here: https://www.elementzero.network/symbol/

Element Zero's Marketing Officer discussing the future of wallets https://www.swaggermagazine.com/home/money/whats-in-your-wallet-a-quick-guide-to-crypto/

When it comes to industry-specific payments, a network or marketplace of interoperable trading is crucial.

Finextra author Amy, takes a look at how Element Zero solves this https://www.finextra.com/blogposting/17179/are-industry-specific-cryptocurrencies-the-way-of-the-future

Featured article today on the CEO in Entrepreneur
"The Importance of Problem Solving When Building a Business"
https://www.entrepreneur.com/article/333038

NO cost

Article originally published on CoinRivet by Emily Perryman, an award-winning financial journalist with over a decade of experience writing for consumer, trade, and national publications.
https://coinrivet.com/how-element-zero-is-creating-a-new-definition-for-stablecoins/

No need for FUD - Element Zero is a not-for-profit, open-source protocol.

impressive, that yahoo choose this article to be published in finance portal. I'm curious how much it could cost.

Yahoo! Finance recently picked up Element Zero! https://finance.yahoo.com/news/element-zero-creating-definition-stablecoins-090008727.html

"The extreme volatility of cryptocurrencies can make even the most experienced of investors break out in a cold sweat. Digital assets like Bitcoin are inherently unreliable – especially as a currency for goods and services."

You can read about how Dee Hock, the founder of Visa, helped shape the business model for Element Zero in this article from MoneyInc: https://moneyinc.com/element-zero-breaking-barriers-to-stablecoin-stability/

CEO Jude Regev Quoted in an article on the Mastercard acquisition. What do you all think?

“Of course we will see credit card companies increase offerings as their position as a preferred payment type is under threat,” said Jude Regev, digital currency expert, and founder and chairman of Element Zero Network, a not-for-profit cryptocurrency organization. “This acquisition is an indicator that not only do existing payment networks need to continue to drive growth and new lines of business but that the credit-card industry as a whole will change as new, superior digital payment solutions being driven by blockchain technology are adopted by consumers.”

https://karmanetwork.com/videos/mastercard-picks-up-new-pos-tech-with-vyze-acquisition