ANN: ELIXIR (ELIX) Crowdfunding and E-Commerce With Token Rewards

[Ligrev]

Hey I recently came across this project. I find it really interesting and would like to know more about it.
I've got a couple of questions, please don't be mad if they have already been answered in this thread.

1. I feel like the Roadmap is planned really tight. Is the Team big enough to follow it and deliver in time?
2. The only reason for a borrower not to pay back his loan is the "Optional ether collateral supplied by the borrower" (WP) what other incentive should a borrower have to not just take loans and run away with it (he could do this over and over if I am not mistaken)?
3. Are there any plans to connect this system with other branches (like margin trading) to incentivize people to even use it? I feel like, without this, people would just mine it through borrowing to themselves over and over, which would make ELIX kind of useless in the end.
4. is there a plan to release a more detailed WP?
5. Are there Plans to reveal the Team? I think this would bring great trust!

Sorry again if these questions have already been adressed!

Greetings!
 

1. We're on track to deliver the products in the Roadmap. We believe it's a realistic time frame.
2. This question has been answered well in this Reddit post.
3. The incentive for people to use the ELIX lending service is the reward generated for paying back a loan, or the reward received for being repaid. As stated in the whitepaper, clever mining between pairs of personal addresses is expected, but there is a limit to how much more reward can be generated using clever mining.
4. Yes. We realize a lot of new updates have been released recently.
5. Yes.

Thank you really much for your answers.
I like the idea of reputation systems. Really interested about the future Applications!

[1714623900]

1714623900

[Tonton99]

If people would just stop dumping the price would have a nice increase right now. I really hope they regret it in the long run.

Thats why coins are moving on price, its just the law of supply and demand mate, if there is no pumpers and dumpers real investors only, then it will not be liquidated as it should be. A stock nature is always like that, so just be smart, or just HODL, the simple way if you really believe the project.

Thats how it works.
Buy the dip and put it away on your ledger, follow the development, buy more on the next dip, store it away again.
Look at it like a long term investment and when something substantial is delivered it could take off massively.

[kasper63]

CoinExchange being Ddsed? They are down.. Just made a sell order.. hope they are back online soon

[kuziaka]

CoinExchange being Ddsed? They are down.. Just made a sell order.. hope they are back online soon

Their servers are falling down too often
It is so frustrating

[Che454010]

CoinExchange being Ddsed? They are down.. Just made a sell order.. hope they are back online soon

Their servers are falling down too often
It is so frustrating

any gaining popularity exchange be DDoSed, crackers need your money... coinexchange good developed quickly solved the problem

[mummybtc]

CoinExchange being Ddsed? They are down.. Just made a sell order.. hope they are back online soon

Their servers are falling down too often
It is so frustrating

any gaining popularity exchange be DDoSed, crackers need your money... coinexchange good developed quickly solved the problem

I think the exchange need to work on their server, this is the second time in a week that their server will be down.

This exchange opens their hands to ELixir which is a good thing for the price for now

[GraBitCoin]

I am surprised! Smart contract has the functions of adding EXOR and ELIX! Where are you looking, who has blurred your eyes! You ask other developers and they will open your eyes!

[smokim87]

Anyone getting an access denied page on coinexchange.io?

Not sure but did they block Canadians from accessing the markets/trading today?

[Carlos918]

Anyone getting an access denied page on coinexchange.io?

Not sure but did they block Canadians from accessing the markets/trading today?

https://mobile.twitter.com/CoinExchangeio

[TheKingInYellow]

CoinExchange being Ddsed? They are down.. Just made a sell order.. hope they are back online soon

Their servers are falling down too often
It is so frustrating

They're a very small exchange that has recently gotten MUCH bigger. Growing pains are to be expected. I for one hope it results in a crash in many of the coins traded on there  

[cryptodv]

The next step is Bittrex for ELIX !!!

That would be huge but I just don't see it happening, at least not anytime soon. Every coin is trying to get listed on bittrex nowadays.

Do you imagine when ELIX is listed on the bittrex? we are waiting to see, the Elixir project is strong and this step will win a big volume per day!!!


it will make its way to a big market next month!!!

My prediction $31 in december 2017 ELIX!!!

Lol, $31 where did you come up with that price? I like Elix too, but that price is not feasible at the moment. The project has a lot to prove within the next few month for Bittrex or Polo to take notice.

[Friorianf]

CoinExchangeio doesn't work, but I buy elix 2 days ago. Read whitepaper and all this thread. Hold and hold!
Want to transfer my tokens on MyEtherWallet, but afraid some trouble.

[smokim87]

Anyone getting an access denied page on coinexchange.io?

Not sure but did they block Canadians from accessing the markets/trading today?

https://mobile.twitter.com/CoinExchangeio

Ah missed that tweet, thanks. Was worried we got blocked from coinexchange.

[bineva17]

The circulating supply's increasing too quickly, meanwhile the total supply, as a mod on reddit said, will be about 60-70 millions. Market cap is raising but token's price is nearly the same.

[Daedalus27]

Circulating supply of ELIX as ccompared with Timereum appears to be increasing less dramatically.

Though, 500k extra coins in circulation over the course of 7 to 10-days is still a considerable jump.

[Daedalus27]

CoinExchange.io appears to be reopened again for access to market pages and coin trading.

https://www.coinexchange.io/market/ELIX/BTC

[Tonton99]

Circulating supply of ELIX as ccompared with Timereum appears to be increasing less dramatically.

Though, 500k extra coins in circulation over the course of 7 to 10-days is still a considerable jump.

The more coins are hatched early on in ELIX lifespan the less maximum supply will be reached.
There is simply no algorithm to calculate the supply growth since it fully depends on peoples will when to create batches.  Besides the batch size increases over time so there is the incentive to wait a while but on the other hand quick cash could be the incentive to start hatching earlier.
My take, as Genesis holder, is to buy a lot of additional coins while its still cheap and keep my batches save for a while to protect my investment in the long term.

[Klangburg]

Circulating supply of ELIX as ccompared with Timereum appears to be increasing less dramatically.

Though, 500k extra coins in circulation over the course of 7 to 10-days is still a considerable jump.

My take, as Genesis holder, is to buy a lot of additional coins while its still cheap and keep my batches save for a while to protect my investment in the long term.

Never touched any of my batches yet. Bought a further bunch instead, too. 

[dogaatac]

What is max supply for elixir ?

[matsud2]

now can change TME to ELIX on contract address? myetherwallet.com dont show ELIX balance lowest 1 token, and I after first batch generating TME in my parent-child address
ok, if I do TME 2 batch and ELIX 1 batch I have left 7 batches in ELIX?

as far as i know we can't create a batch with TME anymore but use EXOR to create a batch and then convert to ELIX