Thank you to the NanoNews Community for participating in Ask Me Anything (AMA) with Eth Limited on November 11, 2020. This guest star Eld Advisor ,Advisor Of Eth Limited . If you were unable to join the live AMA, no worries, here comes our 91th AMA recap!
We are glad to meet here:
Eld Advisor, Advisor Of Eth Limited
For taking your time out from busy schedule for the AMA!
Introduction Session
Q1: Can you introduce yourself to the community? What is your background and how did you join Eth Limited?
Hello everyone, I’m an MBD grad with major in Marketing. I started working in Blockchain Industry for the last 5 years and have assisted with around 10 projects until now. Hermine Nicolas, CEO of ETH.LIMITED is a good friend of mine and was also super impressed with the idea of decentralized ecology, so, I planned to become part of eth.limited team and have been working with them for about 8 months.
Q2: Can you briefly describe what is Eth Limited?
Eth Limited can be termed as a decentralized ecology fueled with ELD native tokens. The wallets itself support the Staking network; send and receive transactions, store ETH, and ERC – 20 Token. Owning ELD Token is said to hold equitizing enterprises. ELD Wallet is a high-tech platform complex of decentralized financial platforms and decentralized applications including Dapps Games, Dapps Invest Staking; Decentralized Bo, Decentralized Exchange … Eth.limited will be the first in the world to prove BO Decentralized, Betting Game platform is transparent.
The ETH.limited Network is an organization that has developed products such as the ELD Decentralized Platform, the ELD Blockchain Wallet, and Decentralized wallet Apps, ELD token. Eth.limited platform is a blockchain wallet platform: Decentralized financial services (loans, deposits supported in cryptocurrency), applications, reducing user complexity, and risk. , financial services on blockchain.
Q3: What companies/projects do you see as competitors, and how does Eth Limited stand out compared to them?
At the moment there ain’t any project which covers everything that we offer, but you can consider wallets and Dapp browsers to be our competitors and again as said the Dapps and the wallet offering is being handled by ETH Limited only. There are other projects which only focus on staking or BO Trading or CryptoCards etc… on whatever we’re planning to offer
Q4. What is the use-case of the ELD Token?
ELD provides users with the right to use the platform and wallet to use it to pay for transaction processing, to run smart contracts, to reduce prices, to set up processes to participate safely in projects and services. finance and other insurance. Investors can use the ELD token for Staking, which in turn yields a profit of 6% – 15% monthly.
Q5.what is ELD Investment? How to invest?
We’ve different packages with different tiers which offers maximum staking returns in the safest possible way. Starting from 3% per month to up to 15% per month with referal bonus as well. ELD staking is the process to store ELD in your wallet to get regular interest. It was developed based on Proof-of-staking algorithms. Users can easily take part in ELD Staking system with 2 simple steps:
Directly access your wallet on Imtoken or others ERC-20 wallet then swap ETH to ELD simply After finishing the swap, users pick ELD to the staking system and get interest. Visit eth.limited on your browser(with metamask) and click join now. FOr now, we are giving access to people only with referral address, so if you’re new to platform use this referral address to join: 0xaaAe7829176b3750D753F098fC5a9f0EBcAdbff1
Q6. What are the major milestones Eth Limited achieved so far & what are in future pipeline?
Our staking is now available, our exchange is live as well: https://id.eldex.finance/ . Apart from this, our Dapp Ebet is also live https://bet.eth.limited/ users can use these Dapps to make most of it. In the future we are planning to offer Mastercard from ELD for easy use with International Transactions, the first phase is now ongoing and we will ship out the cards soon. These are the things that we’ve in our road map:
ELD Ecosystem: Booking + Shopping
Launch of a highly secure ELD Chat App
Sable Coin
Launch of ELD Phone Integrating ELD wallet & the ecosystem
Launch of anonymous Sim for the first time in the world
Secure coin with Diamonds
Twitter Session
Q1. Can you give an overview of $ELD Token tokenomics?
Will the design of the token rise and fall with the success of the platform, does it include any scarce paths, such as equity, storage or burning?
ELD is blockchain structure produced based on ERC20, total 1 billion ELD will be created and supplied. ELD is a decentralized token for using Blockchain and ELD products. It is used as an account unit in Eth.limited’s ecosystem and is therefore a utility token. Upon request, we provide a legal document. Here’s the tokenomics of ELD
Staking Issue 50% Dev 10% Staking 30% Bounty/Airdrop 10%. According to our team strategy, every year in January, we will reduce the amount of staking by 20%, which promotes the long-term development of ELD
Q2.ELD will be listed on ELDex
but
Do you have plan to list in other Decentralized and Centralized Exchanges?
Of course, we will plan to list on more centralized exchange for easy access, liquidity and to reach masses. We are currently in talks with few exchanges. DEX is also planned and more details will be released when we do
Q3.What is the structure of this project , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?
Yes, the ELD (Custom Blockchain) token will be mined via Erebus Masternodes, and you can also earn additional tokens via the Staking model right at the Trust, Imtoken, Metamask wallet through the decentralized browser on the user’s personal wallet
Q4.Eth Limited has a unique model that encompasses Staking/Lending/Governance as well as offering cross-chain interoperabilty so how does your team maintain all of them at their best?
To any project in the blockchain industry, liquidity is not only the most important part but also a very complicated problem. Basically, a token is issued without its usage in reality and low liquidity is a non-price token. It is the same as a currency that is not recognized and used in any country in the world. Being an experienced team in this market, we totally understand the above problem and that is why ELD Ecosystem was born. We leverage our competence and experience to take advantage of Blockchain technology to solve the currently existing issues and then contribute to promoting market demand by bringing infinite value to the blockchain community.
Q5.How to stake in Eth Limited?
I had already shared the process, but here again,
ELD staking is the process to store ELD in your wallet to get regular interest. It was developed based on Proof-of-staking algorithms. Users can easily take part in ELD Staking system with 2 simple steps:
Directly access your wallet on Imtoken or others ERC-20 wallet then swap ETH to ELD simply After finishing the swap, users pick ELD to the staking system and get interest. Visit eth.limited on your browser(with metamask) and click join now. FOr now, we are giving access to people only with referral address, so if you’re new to platform use this referral address to join: 0xaaAe7829176b3750D753F098fC5a9f0EBcAdbff1
Live AMA
Q1.Does $ELD TOKENS have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of tokens and attract investors to participate in investments?
According to our team strategy, every year in January, we will reduce the amount of staking by 20%, which promotes the long term development of ELD
Q2.What is the competetive advantages of ETH Limited ? How Moonswap is better than its competitors?
Would say two different systems itself. Moonswap is a dex with AMM but ELD Wallet is a decentralized wallet and our DEX is somewhat similar to IDEX and is being very selective on the projects to list. Apart from the exchange, we have BO, Wallet, Cryptocards etc…
Q3.The hot new term in crypto is “YIELD FARMING”. So Do you have a plan to develop the Yeild Farming system?
No, our focus is only on the things we have planned and the thing we were working on and not to ride the hype. We are firm with our product timeline and roadmap
Q4.💫Do you consider that the ELD Wallet has a user friendly interface? is it easy to use for novice users?
Of course yes, maybe you should try yourself…
Play Store: https://play.google.com/store/apps/details?id=com.ethlimited
App Store: https://apps.apple.com/vn/app/eth-limited-wallet/id1526849107
Q5.What your plans in place for global expansion, Is #ELD focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships?
ELD ecosystem was created to be the most diverse and complete space for everybody to take a chance to be the winner in this complicated cryptocurrency world and ELDos is a real proof of our vision. At ELDos, everyone can be a businessman, become our partner, together grow our market and share the profits. We understand that no project can survive without a strong community. For a diversification income to all ELD members, we had built a policy with many options for users to grow their own business at ELDos: Staking
Game Dapps
ELDex
Referal
Q6.What is your focus on the next project to be launch?
We are working on ELDex. ELDex allows users to exchange, margin trading, trading altcoin, bitcoin,.. and other cryptocurrencies. With the ambition to be a top 10 exchange on the world by liquidity, ELDex was developed by an experienced team lead by the co-founder of BW.com exchange – a potential manager can help to push new altcoins to
the top altcoins in the market.
ELDex is also a part of our plan to solve liquidity problems for our own token. ELD token will be first listed on ELDex and aims to create a place for ELD holders and investors to exchange and make profits. Furthermore, ELDex has launched several policies, campaigns to contribute to the global community and
expand our market. I would be very happy to answer to all the user queries
💻Don’t forget to Join And Follow social media from Eth Limited
✅Telegram Group:
https://t.me/ELD_Group
✅Telegram Channel:
https://t.me/ELD_Channel
✅Twitter:
https://twitter.com/ELD_community
✅Medium:
https://medium.com/@ELD_Community
✅Facebook:
https://www.facebook.com/eldcommunity/
✅Website:
https://eth.limited/
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