Topic: [ANN] Element Zero Payment Network & Algorithmic Stablecoin Platform (Read 1079 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

The EZO token will be truly stable because it will not be tied to any other method of valuation and it will be decentralised. That is why the team decided to create Element Zero as a not-for-profit, so it will not be governed by any entity other than the public.
You can read more details about the protocol in the white paper: https://www.elementzero.network/white-papers/Element%20Zero%20White%20Paper%20V022819.pdf

Regarding the profile pics, it was just a design choice. The team just thought it was a good idea to create cartoon versions of each team member. We use the same pics in out website (https://www.elementzero.network) and if you hover over each one, you will be able to see a link to our LinkedIn profiles.

Element Zero stability protocol is unaffected by market volatility and there is no room for manipulation by supply or demand.

The protocol is live with the tradeable token (minus inflationary control) coming soon.

The EZO token is a new generation of stablecoins.

The value of the current so-called stablecoins varies over time, which makes them not truly stable at all. You can read more about that here:
https://medium.com/coinmonks/how-well-do-the-top-stablecoins-perform-a-quantitative-analysis-c56d022719b
https://www.nasdaq.com/article/how-stable-are-stablecoins-cm1136800

We have been posting articles and information that support this statement and explain why Element Zero is different than any other of the current "stable" coins in several posts within this ANN.

If you would like to read more about how Element Zero is leading the cryptocurrency evolution, you can also refer to this article:  https://www.orlandosentinel.com/cg-ugc-article-element-zero-network-the-fourth-protocol-2019-04-26-story.html

EZO is different from current stable coins by completely removing volatility, which will create a straight line of stability. https://www.elementzero.network/stablecoin/

The Element Zero stable coin ecosystem was developed with the help of Dee Hock, founder of Visa, which was focused on bringing together competitors together for the benefit of the consumer. https://www.elementzero.network/symbol/

The near future plans include releasing the beta-token to help investors manage volatility. We are doing this prior to a private sale to add value with our open source technology now.

Why are the pictures of your team and advisors not appearing clearly.
If stability is actually achievable for a coin, it would have been good, but we still see that most of them get affected the the market conditions, while there are also some that have no element of stability in them.
How do you intend achieving this fit and what will make you different from others.

How different is this coin gonna be from the already existing stable coins? And how relevant will this project be to the entire crypto ecosystem? What are the future plans for this project?

The testnet includes a short video which explains all the requirements you need to test the protocol.

Learn more about why we decided to release a testnet in this article: https://coindigitalstandard.com/calling-all-coin-geeks-try-element-zeros-new-public-testnet/

Over 2,000 transactions on our stability protocol https://ropsten.etherscan.io/address/0xfea46633729847ebb49f82c64be3417398bb00a1

To access the protocol and request test EZO go https://www.elementzero.network/stablecoin/

We are a not-for-profit, so it was extremely important for us to allow everyone to interact with the smart contract before we actually release the beta token. You can find more details in this link: https://www.cryptocurrencyguide.org/element-zero-launches-public-testnet-showcasing-new-protocol-effectively-eliminating-volatility/

Also, the testnet is the perfect opportunity to evaluate how strong and secure the platform is and show everyone that the value of the token cannot be manipulated.

We have released the first truly stable coin.
We are not just talking about, we created Testnet to SHOW the community.

The Element Zero Testnet shows:
Test Buying 1 EZO with ETH
Test Selling EZO for 1 ETH
Test Wiring EZO for Nothing in Return
Test Wiring EZO for Invoice
Test Wiring EZO for Receipt
And COMING SOON
Test Trading EZO via Exchange

Be sure to head over to our TestNet that is now live and try it for yourself. You will need to make sure that you have MetaMask Installed.

We don't necessarily have a "Bounty Program" but we do have our ambassador program that you can signup for by going HERE.

More information will be coming soon concerning the min investments, ETC.

Make sure to join our Telegram Channel to stay up to date with all announcements - https://t.me/ElementZeroNetwork

This is a great chart. Excited for the release of beta token so we can show everyone what a straight stable line is!

I dunno, if you look at the Stablecoin Index https://stablecoinindex.com/, you will see that all of the current models experience challenges maintaining stability both long term and short term. So I wouldn't rush to say we don't need another model.

Great recap on stable coins. Current options are either centralized or not truly stable. The Element Zero (I do kind of like Element0) system is designed to be 100% decentralized.
Per your development question:
Currently, our testnet is live https://www.elementzero.network/symbol/ with the beta coin being launched soon for people to use EZO (minus the inflation control since that makes us a security)
Here are the upcoming Q3 expansions:
PR & Speaking Events
Launch EZ as a public company (S1)
Register security tokens as blue sky and SEC in all 50 US States
Code auditing
Security test and audit

You raise a great aspect of how the EZO stability protocol differs from what is out there.

- Element Zero does not use a currency peg or collateral or any supply or demand method to ensure stability.
- Element Zero’s stability protocol it is based on a smart contract algorithm that is designed to eliminate any possibility for volatility in the first place by preventing the user from selling the stablecoin above or below the current (fixed) face value.

This idea won a 1 million USD prize in a global startup challenge back in 2018. You can read about that here: https://thriveglobal.com/stories/big-ideas-a-currency-without-inflation-with-jude-regev-ceo-of-element-zero-network/

Do you honestly believe that they would give money away to anyone who just claims to have a team of advisors?

We have a live testnet and substantial documentation of the work we have completed so far, as well as the work we are planning to complete, but having "the same team" is what gives us away as a scam? Really?

Appreciate the feedback but I do not think we need a soft cap.

The system is designed to be 100% decentralized. Even if there will be no secondary market exchanges to support our stablecoin, Element Zero's Smart Swap can act completely independently as a Peer-to-Community decentralized solution.

This solution is live in testnet https://www.elementzero.network/stablecoin/ - doesn't look like the BTT community has initiated many tractions even though there are over 2,000 transactions completed

element zero your plan is become a great i think soft cap must be required.
The entirely new stability methodology, the Element Zero Stability Protocol, is designed to process a two-way transaction. On one side the sender can send a stablecoin to a receiver but on the other side, the receiver must send back in return cryptocurrency, an invoice or receipt with the same value as the stablecoin. In the event that the value of the exchange does not match, the smart contract steps in to balance the face value between the sender and the receiver by returning the extra value to whom it belongs. The two-way nature of the smart contract means that the Element Zero stablecoin cannot be traded speculatively since it’s value is enforced. read it..great Element Zero is a not-for-profit organization.

The max supply of EZO is unlimited. With no cap on inventory, Element Zero stable coins - can support any market demand and users can purchase stable coins at any time, directly from the smart contract at the current fixed face value of $100 before any adjustments for inflation.

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Hi we are not running a bounty.
Any examples of your translations though? It looks like the RU website translation is not live.

It sounds innovative having an algorithm-based price control mechanism for a stablecoin. We have had different models for stablecoin in the past,all with their merits and demerits.
But how is an algorithm-controled mechanism far-fetched from price fixing in a free market (where demands and supply are the principal control)?
It is of interest how this goes .

What is the value of an Element Zero stablecoin?max supply?hard cap? softcap?

Russian Translation Reserved

As crypto space is getting hot again, stablecoins are one that really matter. Why is that so?
1. It is a true mean of decentralization.
2. It has a huge potential for acceptance because of its non(extremely-low)-volatility.
3. It can revolutionalize cross-border lending as it removes the fear of price stability.
4. It is the least manipulative.
5. It accommodates the real world use cases including supply chain, e-commerce, exchange platforms, payment ecosystem and more.

I am not quite sure of Element0's further expansion part. Time will have to speak then!

now days smart contract of blockchain technology must be prefer every investor, your white paper say Element Zero proposes a new way to create a stablecoin based on a new methodology that completely eliminates the possibility of any price fluctuations from occurring in the first place.great..!!
Why are Stablecoins Important?

Jointer and Element Zero are the same company... of course, it is the same team.

Jointer created the stability protocol and technology behind Element Zero. We realized how important this technology was for the world, so rather than keep it to ourselves, we created Element Zero as a not-for-profit so the world could benefit from true stability.

two projects different but with same team...for myself i aware kind of this shit...i'm running away 

Rune - appreciate it and agree that scams have tainted the space. Jointer is the parent company to EZO, I provide verification links and so did German.

Further, look at what we created with this team, https://www.elementzero.network/stablecoin/ - the right approach to stability.

So before you lump a legitimate project with scams, I suggest you test our technology and engage further with the project. (side note, Element Zero is a not-for-profit)

Kyle, before you elaborate on that, there is just something I would like to mention about this.

There is nothing perfect about the current "stablecoins" because none of them is truly stable and that is a fact.
What do you all see when you look at the price chart of all those coins mentioned by Xsinx?
Do you really see perfection and stability?

When we release the EZ token, its price chart over time will always show a flat line. That is what we are building.

You can read this article for more details on how Element Zero is nothing like the coins already available in the market:  https://www.ccreview.com/news/element-zero-reinventing-stablecoin-how-why-explained/?utm_source=facebook&utm_medium=medium&utm_campaign=properties

Detailed update - maybe we put the current goals in the ANN. I was worried about it being too crowded

Q1
Continued blockchain development = ogoing
Launch V1 of website = complete
Launch Pre-signup/referral networking = complete
Launch Pre-signup reserve stablecoin symbol = complete
Release stablecoin Test Net demo = complete
PR Launch for Ambassador Program = complete
PR Launch for stablecoin Test Net = complete

Q2
Continued blockchain development = ongoing (we have people trying to hack and encouraging more to do so!)
PR for vendors pre-signup = ongoing
Release CartBox wallet Test Net demo = Completed development waiting on patent for release
Launch Pre-Sale - 6 months (open to Reg D 506 (c) & Reg S only) = coming soon

I forgot to mention that, in addition to the testnet, we have also released a website to allow companies and organizations reserve their own currency symbol for free, in case they want to use the stablecoin creation platform in the future: https://www.elementzero.network/symbol/

We appreciate you wanting to learn more.

I do not see the whitepaper in the ANN (will have Tyler add it or I am just missing it) so here it is https://www.elementzero.network/white-papers/Element%20Zero%20White%20Paper%20V022819.pdf to help with your due diligence

I encourage you to immerse yourself in the testnet before we release the beta token.

Exactly. And for the community means that the platform we are building is an open source solution that allows businesses, organizations and even governments to create their own stablecoin for free, and with their own industry-relevant features.

Companies can even create an ecosystem within the blockchain and foster deeper engagement with customers, with customized features, loyalty solutions, a payment ecosystem with no processing fees or monthly minimum and so many other benefits. This article examines all these benefits in more detail: https://medium.com/element-zero/industry-specific-cryptocurrency-960d611aa16c

While ElementZero has smartswap, which is a decentralized exchange with atomic swap capabilities, multiple order functions, and advanced liquidity.

Need your help getting the word out! Please go through testnet and share with your friends

That ambassador program was launched to call on the industry's top influencers to compete for just those 100 slots. Those who earn the most votes will not only become ambassadors, but also will have the opportunity to earn a reward of up to USD 50,000.

I have gone through this project and it is quite innovative, i will do a follow up on this, i love the concept...great job!

Most of the advisors are also listed on the AngelList profile (https://angel.co/element-zero-network), but making them more visible is definitely something we should improve and take advantage from. Thanks for bringing that up!

We have completed substantial development and the protocol is in testnet to allow people to try and manipulate the price. https://www.elementzero.network/stablecoin/
We are releasing the beta-token without the inflation control soon so people can begin to use EZO and see that the price is truly stable

Securities laws are rigid and we are firm in our dedication to meet these guidelines. While that delays a public sale until an S1 we are confident the stability is superior to current solutions. (Encouraging you to check out the testnet and provide feedback)

Our biggest issue in bringing this solution from stealth is marketing. To comply with regulations we are not running a bounty campaign. (still considering a public bug bounty) Rather we are holding a competition to become an ambassador. These ambassadors will be equipped with what they need to comply with Securities law when promoting EZO.

With that being said, the community is going to enjoy testing the token and we are set up as a not-for-profit. So this is for you, for the community.

Your project seems so promising aside from the fact that you have great list of team members and advisors. Volatility is one major bottleneck why many are hesitant to use cryptocurrencies. With how you presented this platform, it seems that the team behind this is very confident that they can beat other stable coins and establish their niche in this crypto community.

By any chance, can you push thru your developments even without running public token sale? Is this a vital part to continue your developments?

The testnet is the first opportunity for users to use and validate Element Zero's methodology by demonstrating how the new two-way smart contract maintains the coin’s stability.

This article explains why we decided to make a testnet available to everyone before officially entering the marketplace: https://www.cryptocurrencyguide.org/element-zero-launches-public-testnet-showcasing-new-protocol-effectively-eliminating-volatility/

What do you think? Have you tried it already?

We wholly disagree for when you create a solution you need to design it for the long term or you are putting token holders at risk. Not only are the current solutions very centralized, what happens to currencies like Tether when Uncle Sam issues USD? Why would someone trade for your tether when they can go right to the US Government?

I will address in deeper detail by updating this post later.

Hi, I am German and I also work at Element Zero. Like Kyle said, what we are building is completely different because we are tackling inflation from the very beginning.

I have lived in Argentina for a few years, so I have experienced inflation firsthand. I know what a 40% inflation rate really means and how it affects peoples lives and that is exactly why the team decided to create a not-for-profit platform which could allow anyone to create their own stablecoin, even governments.

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Element Zero is not just another of those "stablecoins".
We actually provide true stability. This article explains the difference: https://medium.com/element-zero/the-search-for-a-true-stablecoin-institutional-investors-seek-stability-9b6ed5fbc250

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Element Zero's platform is decentralized and is not tied to gold, fiat currencies or other traditional methods of valuation. It is not subject to the fluctuations of other markets and it does not use algorithms to maintain stability either, like many other "stablecoins" attempt to do.

You can read more Element Zero's true stability in this article written by one of the co-founders:  https://moneyinc.com/element-zero-breaking-barriers-to-stablecoin-stability/

We take a different approach to stability and completely remove volatility in the first place. So you will not see EZO dip 15% like USDT or raise crazy fees Maker.

We are truly a stable solution. Jointer developed this and decided it was too impactful to keep so we started the not-for-profit EZO to carry out the mission. Here is an article on how we are doing it different https://www.thecryptoupdates.com/stablecoins-and-stability-how-element-zero-is-doing-it-differently/

Also, thanks for the kind words on our design. We have a very passionate global team that prides themselves on doing great work because they believe in the mission.

I am unsure of what "amazing trading dues" means. Care to expand?

We remove volatility in the first place, so it is never an issue. Try to manipulate the price on our testnet and see if you can - https://www.elementzero.network/stablecoin/

For the bounty - we are considering a bug bounty if the community has an interest, right now we have a private bug bounty going out to white hats.

A non-technical bounty would be the ambassador program: ambassadors.elementzero.network - we are currently voting to select the top 100 to participate in our "bounty"

The ElementZero sale will be broken down into private and public (after our S1) - the public sale will not have a minimum.

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I want to clarify, we are not an ICO. ElementZero will release a beta-token that is not a security token soon but that is not involved with our offering and is only used for you all test. We will run a private sale with the ElementZero security token followed by a public sale after we register as an S1. The token has inflation protection so therefore it is a security. Most stablecoins are unregistered security tokens, so we are not going to join that crowd! One of our advisors is the former Chairman of the SEC so we are poised to take the correct approach to this issue.

As for the bounty, we are considering a bug bounty if the community has an interest, right now we have a private bug bounty for people to try and manipulate the price of our stablecoin. Here is the testnet that has proven strong against hacking so far https://www.elementzero.network/stablecoin/

A non-technical bounty would be the ambassador program: https://ambassadors.elementzero.network - we are currently voting to select the top 100 to participate in our "bounty"

I took a dive into your team and i must confess the combinations is good, the market is gradually taking a new shape and if all is done according to the thread post then it should be a success.

The market already have an over supply of stable coins and i don't think we need a new one anytime soon since the current one (tether,TUSD, Gemini USD, Tron USD) is working perfectly well at their current state.

every month launch new ico with own transaction platform now days most profitable online ecommerce payment getway it's like new. i think elementzero it's suitable for this transaction. security is may be most important can u say what is other then better for u..?any thread for bounty program or future plan??

We appreciate you reaching out.

Due to regulations and the general ineffective nature of bounties, we have opted for an ambassador program. https://www.ambassadors.elementzero.network/refer/

Currently, users are able to compete for a spot in the top 100.

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Would anyone be interested in a bug bounty for the stablecoin? Check it out here elementzero.network/stablecoin/ - it would be for big issues like actually being able to manipulate the price or volatility. We believe it is pretty unhackable

Russian Translation Reserved

We got most advisors to verify on here https://gust.com/companies/jointer and they verify to our investors.

We also had to submit written verification for David's quote that went over the wire:
"The CEO is an experienced entrepreneur with a very ambitious and exciting vision who is attracting very accomplished people to the project. It is in an area of finance (real estate) that lends itself, in my view, to blockchain and tokenization," David Weild, Father of the JOBS Act." source: https://www.prnewswire.com/news-releases/jointerio-a-new-generation-of-commercial-real-estate-investing-raises-2-5-million-in-seed-funding-to-pivot-to-a-free-end-to-end-tokenization-platform-300794098.html

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We have released our test protocol for everyone to test the stability www.elementzero.network/stablecoin/

their advisors are big names in the industry. the authenticity needs to be researched if they have real affiliation with this project. can you provide references saying that they have something to do with this project?

Yes, ElementZero is the subsidiary company of Jointer.io

Hi, I am Kyle, CMO of Jointer. Jointer needed a stablecoin and we were planning on using what is currently out there. We started finding issues and eventually worked with the team you see to create EZO. Once we saw the potential rather than keep the technology, we created a not-for-profit for Element Zero

https://thriveglobal.com/stories/big-ideas-a-currency-without-inflation-with-jude-regev-ceo-of-element-zero-network/

We are trying to stay away from too much co-branding to not confuse Jointer's audience which is more real estate focused rather than cryptocurrency

Great photo to not only show the relationship to Jointer but also further explain the protocol. You can dig in more in-depth and play around in testnet here https://www.elementzero.network/stablecoin/

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Awesome article on Stablecoin benefits
https://www.capitalgazette.com/community/cg-ugc-article-element-zero-delivers-benefits-to-businesses-2019-04-17-story.html

Any thoughts from the community?

Hi, I am Kyle, CMO of Jointer. ElementZero is our subsidiary. Jointer needed a stablecoin and we were planning on using what is currently out there. We started finding issues and eventually worked with the team you see to create EZO. Once we saw the potential rather than keep the technology, we created a not-for-profit for Element Zero

https://thriveglobal.com/stories/big-ideas-a-currency-without-inflation-with-jude-regev-ceo-of-element-zero-network/

We are trying to stay away from too much co-branding to not confuse Jointer's audience which is more real estate focused rather than cryptocurrency

Hi,

Upon checking the team of your project, I saw that the team of Element Zero is identical to Jointer.io team. What is the reason behind this? I did not see any affiliation or partnership between the two projects. Kindly please clear this ambiguity.

dig a little deeper - a whole new method to stability that removes volatility to start with.

I work for the parent company, the advisors are real and it great to work with David Weild specifically. We decided to make this solution a not-for-profit rather than keep it as a for-profit like Jointer to ensure the world could benefit from this technology

stablecoins are so hard to get right : /
every year is a new ICO hype, 2019 has been stablecoins
which is funny as it was stablecoins in 2015-2016ish too

haha same old

im too lazy to check if your team is legit, but anyone who invests hopefully does

After seeing MarkerDAO increase fees above 10% it is great to see a stable coin get it right.
Is there a way to test?

Element Zero does not use a currency peg or collateral or any supply or demand method to ensure stability. Element Zero’s stability protocol it is based on a smart contract algorithm that is designed to eliminate any possibility for volatility in the first place by preventing the user from selling the stablecoin above or below the current (fixed) face value.
The entirely new stability methodology, the Element Zero Stability Protocol, is designed to process a two-way transaction. On one side the sender can send a stablecoin to a receiver but on the other side, the receiver must send back in return cryptocurrency, an invoice or receipt with the same value as the stablecoin. In the event that the value of the exchange does not match, the smart contract steps in to balance the face value between the sender and the receiver by returning the extra value to whom it belongs. The two-way nature of the smart contract means that the Element Zero stablecoin cannot be traded speculatively since it’s value is enforced.

Element Zero has been designed as an open source solution that allows businesses, organizations, and even governments to create their own stablecoin for free with their own industry-relevant features and with many more options that enhance the user experience while protecting their data, in contrast to today’s poorly retrofitted credit cards.