Elitium in the media
Elitium Introduces a New Model For Coin Listings. Will Others Follow Suit?Scammy, frenzied, dishonest. The market doesn’t want Initial Coin Offerings. An ICO represents all that’s wrong with financing. Wild profits for founding teams, while the investor watches on as money disappears. Worse, studies show the ICO doesn’t support the mass adoption of a coin. So even where an offering appears successful, the risk of failure for the company remains high. To combat these problems, businesses have upped their creativity.
Boatsters Connects Cryptoworld to Yachting IndustryBoatsters, a global yacht charter company, has seen their revenues grown exponentially after developing a safe and secure cryptocurrency-payment solution for the yachting industry. The yacht charter company accepts the top 55 cryptocurrencies like Bitcoin, Ethereum and even NEO. After the integration the company noticed a major increase in charter requests, because finally there is a proper and luxury purpose for…
The Simple Truth that ICOs Forgot: Offer Value to Your CustomerYou can no longer magic value from thin air. The new reality for cryptocurrencies to acknowledge. A product or service must deliver value: it supports and incentivizes platform adoption. Ultimately, it’s the driver that dictates success. As of mid-2018, over 1,000 projects have failed. Too many forgot — or chose to ignore — that to survive, you have to build something useful; although, this didn’t stop founders from raising $13.7 billion in the first six months of the year.
What the Whales of Wall Street Aren’t Telling YouIn September 2017, one of the most famous faces in finance accused Bitcoin of being ‘a fraud.’ He threatened employees with the sack if any were found to be trading it. Bitcoin’s price duly crumbled some 24%. Fast-forward just a few months, and JP Morgan, run by Chief Executive and ‘Chief Bitcoin Criticizer’ Jamie Dimon — alongside Morgan Stanley — were revealed to be the largest buyers of Bitcoin funds in Europe. Yet, this isn’t strange behavior on Wall Street.
Interview with ElitiumI haven’t reviewed a project for a while now but this one really took my interest for a number of reasons, primarily because of the company behind this project.
Connecting crypto the luxury lifestyle
They know Blockchain is the future and they already have a number of partnerships and a fully operational company behind the project.