NOTE: I was asked to make this post on behalf of EthereumLite since they can't post images yet, please send all questions and PMs to them.
TRANSLATED ANN
INTRODUCTION
Ethereum Lite is an Ethereum-based ERC-20 Token that focuses on being a faster and cheaper currency than Bitcoin, Litecoin and other cryptocurrencies, while being distributed equally between all users that signed up for the airdrop. It is the first Ethereum token intended for use as a currency and acceptance by merchants. We care about our community, and we will work hard to make Ethereum Lite's community the best and strongest it can be, which will eventually lead to acceptance of Ethereum Lite by shop merchants as a currency. We have a clear goal in mind and a long road ahead and we will describe everything in the upcoming whitepaper and roadmap.
WHY NOT JUST USE ETHER?
Ether itself is not meant to be used as currency, but rather to pay for smart contract execution and the Ethereum community is not trying to work with merchants in any way, resulting in almost zero acceptance of ether as an actual currency. Ethereum Lite will focus on being the best coin for payments and will try to work with merchants directly to accept it as a currency. Being based on Ethereum gives us big advantages, such as lightning fast transaction speed, low transaction cost and integration with Ethereum Smart Contracts.
PROJECT ATLANTIS
Project Atlantis is a codename of our project scheduled to be released in 2018. Project Atlantis will be a decentralized marketplace of cryptocurrencies, goods and services that will accept ELITE and ETH for payments. We will describe it in more detail in our upcoming whitepaper.
WHITEPAPER
The first version of our whitepaper is now live HERE.
Please note that our whitepaper isn't final and new things might get added, existing might get changed and things could even get delayed and while we don't expect that to happen, it should be kept in mind.
ROADMAP
TOKEN DETAILS
CONTRACT ADDRESS: 0x0a76aad21948ea1ef447d26dee91a54370e151e0
TOKEN SYMBOL: ELITE
DECIMAL POINTS: 18
TOTAL SUPPLY: 1,000,000 ELITE
AIRDROPS
We will airdrop 900,000 ELITE to the community through an airdrop to max 1500 users (only applies to first airdrop). We believe that airdrops are the most fair type of token distribution out there that allows everyone to get coins and participate in Ethereum Lite's mission. There will be no pre-sale or ICO. 100,000 ELITE will be reserved for the developer team, stored in 2 different wallets. We will use these coins for future bounties and for exchange applications and we will be completely transparent with the use of our coins and will show and describe exactly where and why we sent the coins if we're going to do that. For example: if we will have a logo bounty, we will notify the community here on bitcointalk and on twitter when and where we sent the coins, alongside with transaction IDs.
Airdrop #2 will run for couple of days. The amount of people that can sign up for airdrop #2 to receive ELITE is unlimited, but limited amount of people will receive ELITE due to smaller supply for this airdrop. All airdrops will total to 50,000 ELITE distributed to airdrop participants. In order to apply for the second airdrop, you must join our Telegram channel, follow us on Twitter and be at least Jr.Member on Bitcointalk. Create, collaborate, contact your favorite exchanges about listing Ethereum Lite and be active in the community. AIRDROP #1 FINISHED
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AIRDROP #2 FINISHED
EXCHANGES
THE HODLER PROGRAM
Our airdrop has been a great success and the cap of 1500 people was reached in less than 5 hours. We would like to thank everyone that participated. However there were some invalid entries as you can see marked red on our spreadsheet and about 100,000 ELITE stayed undistributed. To show our graditute to people that hold our coins and don't immediately dump them into exchanges, we would like to announce "The Hodler Program". Every week we will select 25 people from the spreadsheet and distribute 1000 ELITE to each of them, provided that they are not market red on the spreadsheet and that they still have at least 600 ELITE in their spreadsheet wallet. This program will run until all 100,000 ELITE are distributed. Everyone will be able to only receive 1000 ELITE once.
Winners of Round #1 were selected and ELITE was successfully distributed to them.
Winners of Round #2 were selected and ELITE was successfully distributed to them.
BOUNTIES
TRANSLATION BOUNTY (150 ELITE)
You can send us a PM to reserve your translations now. You will make a translation of our BitcoinTalk announcement thread (this one) and post it in the specific subforum of your language. You need to finish the translation within 1 day otherwise your translation will be reserved to someone else. It must be a good quality translation, not made with google translate - such translations will be rejected. Spanish - Reserved for Mintycash
Chinese - Reserved for SamarasLoch
Japanese - Reserved for cryptomafiajp
Russian - Reserved for ogrudko
Italian - Reserved for MrPaky
Polish - Reserved for winkom
Turkish - Reserved for Btchunter3333
German - Reserved for sanojcoin
French - Reserved for grixxby
YOUTUBE BOUNTY (20-200 ELITE)
You can make a Youtube video about Ethereum Lite and send us a PM. You must have a minimum of 100 subscribers. Each video will be judged independently and depending on the quality of the video we will reward you with 20-200 ELITE. TWITTER BOUNTY (20-150 ELITE)
Make a tweet about Ethereum Lite and include our website (ethereumlite.org) and the hashtag #ethereumlite and send us a private message with your tweet on our Twitter. Based on personal judgement and quality of tweet we will reward you with 20-150 ELITE. You must have a minimum of 1500 REAL twitter followers to participate. OTHER BOUNTIES
(rewards will be discussed individually)
This can include site advertisements, special promotions, etc.
You can find finished bounties in the second post below.
CONTACT US
