The ELMT Token and its community has seen recent growth with recent listings on CoinMarketCap, CoinGecko and CoinStore. In addition to being listed on the centralized exchange (also known as a CEX) CoinStore, ELMT is also listed on the decentralized cryptocurrency exchange (DEX) Uniswap.
The community surrounding the Element Blockchain also continues to grow in numbers on Discord and elsewhere. At time of this writing the Element (ELMT) ERC-20 token was held in over 1,000 individual wallets, which is verifiable by the Etherscan block explorer.
From the recent CoinMarketCap listing page.
“Whereas some tokens are created from ICOs, or Initial Coin Offerings, the ELMT Token is minted on and by the Element Blockchain as a digital reward for node owners who own and host node licenses that power the blockchain.The Element Blockchain is managed by a Charter that was voted in and approved by node owners.The ELMT Token is an ERC-20 Token that has been bridged over to the Ethereum Network from the Native Element Blockchain.
The Element Blockchain is managed by the community of node owners and governed by the Element Distributed Governance Framework (DGF) Charter that was voted in and approved by node owners. Element United, the company, neither promotes the token nor handles its listing on exchanges and does not create liquidity. The company remains focused on building blockchain-based products and services. The company operates independently from the Blockchain, aiming to navigate the intricate regulatory landscape with complete transparency and compliance.
Element United is a company working to fight destructive mining practices worldwide with the use of blockchain technologies. This is done in a variety of ways including partnering with mines to create alternate revenue, creating blockchain-based products such as NFTs and interactive gaming, mining certification programs that encourage environmental stewardship and tokenized carbon offset programs.”
For more information on Element United (the company), please visit https://elementunited.com/.
For more information on the Element Blockchain and the community, please visit the Community Discord https://discord.gg/E2N4fpafES.