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A thread about @energy_ledger $elx!
- A public blockchain on Ethereum for developers to
launch open source energy software utilizing the ELX token
- Development of
tamper proof IoT flow meters & liquid level sensors for containers.
- #crudeoil solution that can not go negative
- A public blockchain on Ethereum for developers to
launch open source energy software utilizing the ELX token
- Development of
tamper proof IoT flow meters & liquid level sensors for containers.
- #crudeoil solution that can not go negative
Token details:
Total Supply
- 714 million chosen to relate to the number of barrels that can be realistically stored in the Strategic Petroleum
Reserve.
Circulating Supply
- 10% of the 714M = 71,4M
Traded on:
https://info.uniswap.org/token/0x9048c33c7bae0bbe9ad702b17b4453a83900d154
Total Supply
- 714 million chosen to relate to the number of barrels that can be realistically stored in the Strategic Petroleum
Reserve.
Circulating Supply
- 10% of the 714M = 71,4M
Traded on:
https://info.uniswap.org/token/0x9048c33c7bae0bbe9ad702b17b4453a83900d154
@energy_ledger offers a patent-pending solution for public and private enterprise blockchains to utilize on top of their $elx token.
Their goal is to create a more transparent energy industry that can easily track and compound the value they offer!
Their goal is to create a more transparent energy industry that can easily track and compound the value they offer!
Environmental sustainability is also a motivation behind $elx. The market value of plastic products derived from petroleum polymers should be monitored at a resource production level [crude oil], to dictate an environmentally sustainable price equilibrium for plastic products.
The global blockchain technology in the energy sector market is expected to grow reaching a valuation of USD 10,287 million by the year 2026 (Market Watch, 2020)
This provides a clear growth opportunity for Energy Ledger. $elx
This provides a clear growth opportunity for Energy Ledger. $elx
BUSINESS MODEL
Seeks to derive profits from development and maintenance of industrial supply chain solutions on top of the platform $ELX
Garnering revenue through corporate consulting, patent royalties, and ongoing maintenance of third-party blockchains utilizing our solutions
Seeks to derive profits from development and maintenance of industrial supply chain solutions on top of the platform $ELX
Garnering revenue through corporate consulting, patent royalties, and ongoing maintenance of third-party blockchains utilizing our solutions
$elx is a cryptocurrency backed by a real world commodity ( #crudeoil) same as fiat was backed by gold back in the days. $elx $zap $xrp $btc $csc $aave $link
They will seek to commit 30% of revenue to providing market liquidity for 10% of ELX token supply with sOil & iOil tokens provided on the @synthetix_io platform.
sOIL will enable users to capture a long position while iOIL will enable users to capture a short position. $elx #oil
sOIL will enable users to capture a long position while iOIL will enable users to capture a short position. $elx #oil
sOil & iOil will act as stable coins pegged to Brent Crude indexes. sOil and iOil are live on Synthetix, Powered by @chainlink $link $elx @energy_ledger
The AML & Compliance Toolkit will operate as a liaison in online cybersecurity as well as a physical presence of the current active market of international crude oil in the drilling, storage, operations, management,
information security, and also private sectors. $elx
information security, and also private sectors. $elx
The goal set forth within this element of the product is to partner or utilize data to reduce loss, fraud, and mismanagement within the oil industry. $elx
Goals
- The long-term goal is for the adoption of ELX as the premier standard for deflationary energy asset trade.
- Manage tokens through sending and receiving
- Produce dapps to allow corporate customers to visualize their supply chains. $elx
- The long-term goal is for the adoption of ELX as the premier standard for deflationary energy asset trade.
- Manage tokens through sending and receiving
- Produce dapps to allow corporate customers to visualize their supply chains. $elx
Goals
- Attribute value to containers of crude oil and downstream petroleum products
based off of the value of ELX
- Reduce waste and environmental impact of the crude oil
industry
- Attribute value to containers of crude oil and downstream petroleum products
based off of the value of ELX
- Reduce waste and environmental impact of the crude oil
industry
As for now the $elx team dropped the contract details a couple days ago via their twitter @energy_ledger . Which means no ico,... whatsoever. Which is a great move legally wise.
Make sure to double check the contract address when trading.
Contract Address:
0x9048c33c7BaE0bbe9ad702b17B4453a83900D154
Only available on @UniswapProtocol for now. $elx
https://info.uniswap.org/token/0x9048c33c7bae0bbe9ad702b17b4453a83900d154
Contract Address:
0x9048c33c7BaE0bbe9ad702b17B4453a83900D154
Only available on @UniswapProtocol for now. $elx
https://info.uniswap.org/token/0x9048c33c7bae0bbe9ad702b17b4453a83900d154
In the clip below you can see the ceo William Garret Pete talk about @energy_ledger $elx https://twitter.com/i/status/1345502892925583360
The ceo has connections to @ZapProtocol $zap.
The whitepaper states they will be using bonding curves to chart contents of supply chain elements - such
as liters of oil within a container. Which could be done with $zap $elx
The whitepaper states they will be using bonding curves to chart contents of supply chain elements - such
as liters of oil within a container. Which could be done with $zap $elx
