DeFi Services: Elitium Integrates MakerDAO

The Elitium team is delighted to announce we’ve integrated MakerDAO as part of our DeFi platform services.

MakerDAO enables Elitium users to leverage DeFi compound finance. Meaning thanks to the Maker Ecosystem, one generates yields which we can provide to our users when holding USD with us — with Elitium channeling the services into the …

DeFi Services: Elitium Integrates Chainlink

The Elitium team is delighted to announce we’ve integrated Chainlink as part of our DeFi platform services.

Chainlink enables Elitium to offer a price feed aggregator because through Chainlink, Elitium can leverage reliable, tamper-proof inputs and outputs for complex smart contracts on any blockchain.

In essence, Chainlink is one of the foundations underpinning the Elitium platform, …

You Can Now Buy EUM Via Bank Transfer, Here’s How

If you want anyone to use your product, you have to make life simple. 

Nowhere is this more true than for an innovation like cryptocurrency, where there are already so many barriers to adoption.

That’s why, today, we’re delighted to announce you can now buy the world’s favorite luxury cryptocurrency EUM via a secure bank transfer. …

This Is Why Community Matters At Elitium.

As our community, you have always been front-and-center for Elitium. You’re who we are building our products for: so community always comes first.

Nothing illustrates this point better than what we’ve seen during the release of the Elitium App Preview. You see, product launches can be an anxious time for any business. Once out in …

4 Crypto Scams That Fooled Thousands (And How Not To Fall Victim Yourself)

Cryptocurrencies have long relied on ICOs to kickstart a project. 

Little surprise, given that all they require is a white paper, a website, and a list of pie-in-the-sky features. The low entry barriers helped ICOs raise nearly $13 billion between January 2016 and August 2019.

But the easy money came at a high cost. According to …

DeFi 101: Everything A Beginner Needs To Know About Finance 3.0

Decentralized finance, or DeFi, is the latest innovation in crypto. 

The protocol has gained popularity in 2020 as projects like Yearn.Finance, Compound, and Maker use the Ethereum blockchain to enable a new breed of financial services — a ‘Finance 3.0’ if you will

Still, for many, it’s proven challenging to get an answer to the most …

The New Elitium App Preview Is LIVE!

The time has come. The new Elitium App Preview is here for you to see.

There’s plenty of work still to do. And we’re toiling away, day and night, to bring the fully functional Version 2.0 app your way.

But for the time being, we’re giving you access to a comprehensive clickable prototype, which will guide …

The Elitium App 2.0 Is (Almost) Here, But What Is It?

If you’re an existing Elitium client, you’ll have likely heard of the Elitium dashboard. 

Simply put, the dashboard is the existing gateway into the Elitium ecosystem — which makes it something like the Elitium App 1.0. But this version pales into insignificance when compared to what’s coming in V2.

So today, we thought we’d dive into …

Smart Contracts 101: What Are They? And How Do They Work?

Simply put, a smart contract is a few lines of computer code that executes a sequence of steps according to pre-coded rules.

They’re ‘smart’ because they sit on a blockchain and require no human involvement. All a human has to do is create the initial computer code; then, all parties can step back and let …