Topic: ANN: ELIXIR (ELIX) Crowdfunding and E-Commerce With Token Rewards - page 44. (Read 172883 times)

That is good to hear,  I wasn't even aware that the number was going to go down . Hit .28 today briefly.  Grabbed a decent amount today at .33 and .35.  For a coin that was nearly 10X its current value it is hard not to keep buying.  I bought 90% at .05.  A good amount more when it was .25 before the bull run.  Only wish I had sold half at its peak.  would have a lot more Elix now if I did. 

Elix should be able to 50X easily this year.  Would still only be a 500 mil market cap.

This is true. On the other hand, well over half the batches have already been mined, so the final supply of Elix is going to be pretty darn low.

I for one haven't mined a single batch of my genesis pairs and do not intend to for...a long, long time!

All of the community growth and marketing has been organic, driven by the community. The development team have done nothing but work on the product and release weekly updates. This says a lot for the faith we have in them, which itself says a lot for their competence.

This is the best long hold in the entire crypto market if you're in now.

I'm also finding it later on. In the t-gram channel it's realized that the aggressive marketing campaign will occur upon public app delivery.
It seems like a great small cap with milestones in line with the roadmap. Dev weekly updates are quality and get posted like clockwork. There are also a lot of the other crowdlending/crowdfunding issues addressed in the WP.

yes, you can.
you need to add ELIXIR (ELIX) to your own MEW.

Token:               ELIXIR
ERC20 Contract:    0xc8c6a31a4a806d3710a7b38b7b296d2fabccdba8
Token Decimals:     18

Can I send the tokens to Myetherwallet?

Here's an another great update from Elix team which mainly focus on the Boost platform. If you missed it here's the link: https://medium.com/@elixirtoken/design-and-development-progress-a578eb83e25a

TME (Timerium) Genesis (Airdrop): the Genesis Adresses  (around 4100 ) was 1to1 converted to EXOR. If 3 Batches with TME was mined then 7 Batches EXOR are left-Then 1to1 change from EXOR to ELIX
TME (Timerium) Holders:  TME was 1to1 converted to EXOR and then 1to1 change to ELIX

Yes, Elixir is Timereum V2 , an improved Timereum and all TME Genesis address pair holder receive an equal amount of EXOR as TME in the Wallet to generate Batches or change into ELIX. All EXOR/ELIX Token on the market comes from Genesis addresses.

But every initial Time holder did receive Elix token to generate batches too right? or did everyone receive EXOR?

Good article about Elix and how it works on Reddit:

https://www.reddit.com/r/CryptoCurrency/comments/80cxaf/p2p_lending_game_of_tomorrow/

When you have generated 1-10 Batches (i think you have a Genesis address pair) and you want convert your EXOR to ELIX, send EXOR to the ELIX address: 0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8
Please Note that you must hold back a small amount of EXOR to generate additional Batches.

Decentralized collateral can easily be accomplished by a third smart contract. We recognize that there is demand for such a feature, and that it can function as a bridge until identity/accountability solutions are developed. I imagine we’ll begin prototyping/testing a collateral smart contract in the near future. We’ve had some preliminary discussions about how it would be engineered.

We think distributing a mobile version of what you describe would make our product more attractive and accessible.

This is a feature in the later stages of our roadmap that we’ll approach and examine as we get our initial platform off the ground.

hello,dev,I want know I had add 2 contract in my ETH address.
but I only have the EXOR but don't have ELIX.
what should I do?

I can see the potential to lend to ICO’s without collateral so the fact that they’re focusing on that first makes a lot of sense.

However crypto speculators using collateral to take leveraged bets on the direction of the market is the biggest lending application in crypto and is already hugely popular on centralized exchanges, BitFinex, Poloniex etc. so it makes sense that LEND is focused on offering a Decentralized version of that and I hope ELIX will too.

(Otherwise you have to get into credit ratings etc. or a trust based model like TRST which is only 1/5th value of LEND despite being around twice as long.)

As people continue to ask what ELIX' biggest advantage is, I was thinking about it again more deeply.
I think I finally understood what your approach is, but as long as the finalized math isn't there, it's almost impossible to recognize the whole thing.

So just a simplified example of what is about to come within the lending functionality - correct me if I'm wrong:


So far so good. But there's way more to see, isn't it?


This could go by far much futher if i.e. in the meantime A lends out from Z, receiving another 35% of the shares from Token P or C & D can theirself lend out their borrowed ELIX and so on.

All in all, one can say you similarly "stake" ELIX by lending it to B,C,D,..,Z back and forth.
The more you lend or lent out, the more you get - tell your family and friends (you personally know, they've got the money to pay you back) and be your own profit generating environment with your socials, just by using the App as mentioned before.

In the process, normies like your father or mother who aren't familiar with crypto anyhow, can easily purchase the needed amount within the FIAT<->ELIX gateway of the App, what apparently makes ELIX mainstream.

Besides that, the hyperbolic mining process of Token P is more or less a marketing tool which will lead a lot of people adopting the app from the very first hour (benefiting early adopters).

Moreover, it's like halving the block size over time, which in first sight reduces the reward pool, but by having wide useage it's also like a guarantor for appreciation (ELIX/Token P) and further increase of value like i.e. bitcoin itself has performed over years now.

See the bigger picture here. It's all about incentives. It's the 'lending game' of tomorrow.

Both. Initially, i believe there will be no collateral, until Devs get the legal aspects sorted out

Will individual borrowers taking ELIX loans be required to provide collateral like LEND or will they be expecting to receive loans with no blockchain collateral but just based on trust and other evaluation metrics? Thanks

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