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

[yesiam6]

A lot of volume , a big price increase i think we really are ready to ask binance or any other "bigger" exchange to list
ELIX

[1714888186]

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[almg89]

They've said the total supply will reach ~60M
so thats not really a surprise..

60M in 10 years is low compared to others (SALT has double the total supply) and when the circulated coins are quickly increasing at the start it means that the maximum supply is significantly reduced (due to the algorithm in mining over time)
Smart Genesis holders will keep their batched for a while and the ones that bring it to the exchange right now will regret it later on since it will be worth a tenfold of its value in due time.
Besides, when the demand is as steady as it has been over the last week(s) the new coins won't have that much inflating effect only when there is some kind of organised dumping which is highly unlikely.
After a while the urgency for a quick buck will be replaced by the sense that holding has a much better financial perspective

 

you right. but you forgot many folks got it for free, and some of them don't really care about the project, they just want to maximize their benefit in the short term and sell it. I think it will stable in the near future, thats a part of the distribution.

[mastrix]

So many people here doesn't understand how this coin or etherscan works at all. The supply will increase by a lot still. The supply is controlled by the genesis pair holders, of which the dev obviously holds a large share. If every batch of coins were made immediately, the total supply would be 50-60 million.

[Tonton99]

A small LOAN project called SALT has reached $200 millions. Next is Elixir. Bright future ahead.

Only if Elixir dev stop this systematic increase of TOTAL SUPPLY. 6m to 9m and now 12m. I have noticed how systematic increase have killed investor's desire in a token. Reliability is important in every business. Don't get greedy. You should concentrate in building a valuable token and not high quantity worthless token. I wonder why many devs don't get this fact that made Bitcoin what it is today.

yes, thats true. hope they'll see your note.

Read the website for more details. Elix is mined over time at Genesis holders will while the batch increases over time (10 years). There will be spikes in bringing coins into circulation which will positively effect the maximum supply since the batch size is very low right now (1328 now vs. 5000 in 10 years).
Elix Dev has no control over the amount of coins brought into circulation, however he could work towards a burning process of coins once the lending system goes live. This will have a positive effect on the maximum supply which will bring balance to this coin once it matures.

[Tonton99]

They've said the total supply will reach ~60M
so thats not really a surprise..

60M in 10 years is low compared to others (SALT has double the total supply) and when the circulated coins are quickly increasing at the start it means that the maximum supply is significantly reduced (due to the algorithm in mining over time)
Smart Genesis holders will keep their batched for a while and the ones that bring it to the exchange right now will regret it later on since it will be worth a tenfold of its value in due time.
Besides, when the demand is as steady as it has been over the last week(s) the new coins won't have that much inflating effect only when there is some kind of organised dumping which is highly unlikely.
After a while the urgency for a quick buck will be replaced by the sense that holding has a much better financial perspective

 

you right. but you forgot many folks got it for free, and some of them don't really care about the project, they just want to maximize their benefit in the short term and sell it. I think it will stable in the near future, thats a part of the distribution.

Agree, I do not worry that much about the influx of coins in circulation at this point in development. You will always have weak hands pursuing quick gains but once Elix gets broader circulation it should not influence the rate development that much anymore.
IMO is quite unique for an airdropped coin to achieve this trading level (trading > market cap) so soon after launch and I agree that inflation is preventing it yet from skyrocketing but that will change very quickly once the majority of the coins are in possession of people who strongly believe in this project and who are willing to hold on for a long period as long term investment.
Personally I wouldn't mind that someone decides to dump for my benefit since the objective now is to get hold on as much Elix as possible to store it away for a while. This thing can be around 20M cap in no time considering the fact that the Dev team surely knows what they are doing and how they need to do it.

[kazzzidy]

Can anybody explain the sudden rise of ELIX? Is this just short term investors boarding the ship or is it ELIX somehow getting out of hand? I have 300 left on myetherwallet and wondering if it would be better to hold.

[Tonton99]

Can anybody explain the sudden rise of ELIX? Is this just short term investors boarding the ship or is it ELIX somehow getting out of hand? I have 300 left on myetherwallet and wondering if it would be better to hold.

Would be better to hold since this rise is purely related to the pace of updates coming from the Dev team.
Elix will rise further towards year end if the development pace continues and the roadmap deliverables are met.
Based on current CMC, market benchmark and exchange rate development it is more than likely that the $1 barrier could be in range soon.

[Coiner_]

Can anybody explain the sudden rise of ELIX? Is this just short term investors boarding the ship or is it ELIX somehow getting out of hand? I have 300 left on myetherwallet and wondering if it would be better to hold.

Would be better to hold since this rise is purely related to the pace of updates coming from the Dev team.
Elix will rise further towards year end if the development pace continues and the roadmap deliverables are met.
Based on current CMC, market benchmark and exchange rate development it is more than likely that the $1 barrier could be in range soon.

After this bump in the price, I can sorta see that happening this year. I'm quite surprised the price hasn't plummeted and is in fact still rising.

I wonder what getting it on another exchange, say Cryptopia, will do.

[samuelpm]

Who is the creator of this project?

Developers are going to reveal their names when they have a Minimum Viable Product

[seddik]

hello all.

i have a question, i have a TME genesis address, i converted my TME to EXOR by adding the custom token with information:

Contract Address: 0x898bF39cd67658bd63577fB00A2A3571dAecbC53
Symbol: EXOR
Decimals: 18

then i sent 0.000001 EXOR to the address on the OP which is: 0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8 .

this should create a batch right?

but i got only 0.000001 ELIX on my address which is the amount i sent.

i think i did everything right, what is the problem?

[Coiner_]

hello all.

i have a question, i have a TME genesis address, i converted my TME to EXOR by adding the custom token with information:

Contract Address: 0x898bF39cd67658bd63577fB00A2A3571dAecbC53
Symbol: EXOR
Decimals: 18

then i sent 0.000001 EXOR to the address on the OP which is: 0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8 .

this should create a batch right?

but i got only 0.000001 ELIX on my address which is the amount i sent.

i think i did everything right, what is the problem?

#1 - Send the 0.000001 EXOR from your child address to your parent address
#2 - Send the generated EXOR in your child address to the address the OP posted.

[samuelpm]

the value of ELIXIR is amazing congratulation to all holder. the project have a real good future.

Its better to hold than trade in short term

[sky2600]

the value of ELIXIR is amazing congratulation to all holder. the project have a real good future.

Its better to hold than trade in short term

I'm seeing a ton of buy orders going thru right now and price steadily rising on coinexchange.io
glad I got mine last night..picked up a few thousand coins. Think I hold this one for a while 

[minime0105]

I get a little confused, why there is two many addresses. I joined this project's airdrop and submitted two eth addresses pair. The bold one..
What is the use of the colored eth addresses? I got this from the genesis addresses pair.

0x60d5aefaac218a829779a45588731e57c2f95c81
Child just above this line.
0xe1a9b498178082e40fe52b570535088f5cdd6e6c
Parent just above this line. This parents child is next listed
address.

0x6829606ea62bcee454384ce85b48d03564cea88c
Child just above this line.
0xf44b750061aa5b44d85be9bbf5ede6f35419b6fc
Parent just above this line. This parents child is next listed
address.

Can someone update me on this please.

[Swygx]

1 EXOR = 1 ELIX ?

[fonship]

Guys do not sell Elix, Dev seems to be doing rapid development and we are very close to their first product.
I am here since TME and I can see team is very efficient , marketcap is still very very low for such a product.

may be we need more marketing.

There are many coins/token-non ico, which don't have product and have much much higher marketcap. So just hold and get rich 

[drmagicblue]

So how many genesis address pairs actually exist?

[ICOphile]

So how many genesis address pairs actually exist?

About 4400 I think. And doing the maths, around 21% of those addresses are already used up. Good news for genesis owners still hodling!

[Swygx]

1 EXOR convertible to more than 1 ELIX? Why people are paying 10x more for EXOR than for ELIX?   

[fonship]

wow  $0.15 huge incrase!!!  I think there is an interesting project and clear whitepaper. You should take a look at this project

Yes, it is very much clear and great team behind it