Element (ELMT) Price

Element Price

0.00USD+0.0000 (+9.13 %)
Market Cap
$315.9K
24h Volume
$17.4K
Vol/MCap: 0.0550
Fully Diluted Valuation
$9.11M
Circulating Supply
1.73B ELMT
3%Max: 50.00B
24h Range
$0.0001735
$0.0001949
All-Time Range
$0.00007041
$0.0156

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

Element FAQ

Element (ELMT) distinguishes itself within the cryptocurrency sector by integrating blockchain technology with ethical sourcing and sustainability principles. Unlike tokens typically generated through Initial Coin Offerings (ICOs), ELMT is minted directly on the Element Blockchain, providing rewards to node owners who maintain licenses that empower the network. As an ERC-20 token, ELMT has been bridged to the Ethereum Network, enhancing its compatibility and utility. The Element Blockchain operates under a Distributed Governance Framework (DGF), a charter ratified by its community of node owners. This decentralized governance model ensures the network remains community-driven and transparent. Element United, the organization behind ELMT, is dedicated to developing blockchain-based products and services, avoiding token promotion or exchange listings. Their mission is to address destructive mining practices with innovative solutions like NFTs, interactive gaming, and tokenized carbon offset programs. Element United partners with mining operations to encourage sustainable practices, providing alternative revenue streams and certification programs that underscore environmental stewardship. This strategy not only reduces the ecological footprint of mining but also fosters ethical practices across various sectors, including fashion and mining. The company's dedication to transparency and compliance is evident in its independent operation from the blockchain, skillfully navigating regulatory landscapes. By harnessing blockchain technology, Element United aspires to transform industries, advocating for sustainability and ethical practices while rewarding participants within its ecosystem.

The technology underpinning Element (ELMT) represents an intriguing intersection of blockchain innovation and environmental responsibility. Fundamentally, Element functions on the Element Blockchain, a decentralized network upheld by a community of node owners. These owners are tasked with safeguarding the integrity and security of the blockchain. The blockchain's governance operates under the Element Distributed Governance Framework (DGF) Charter, which was democratically voted upon and ratified by the node owners themselves. The Element Blockchain adopts a distinctive method for minting its tokens. Diverging from many cryptocurrencies introduced through Initial Coin Offerings (ICOs), the ELMT Token is minted directly on the Element Blockchain as a digital reward for node owners. These tokens are ERC-20 compliant and have been bridged to the Ethereum Network, enhancing interoperability and utility across the broader cryptocurrency ecosystem. Security is of utmost concern for any blockchain, and Element addresses this through decentralization. By dispersing control among numerous node owners, the blockchain reduces the risk of attacks from malicious entities. Each transaction undergoes verification by multiple nodes, making it exceedingly challenging for any single entity to modify the blockchain's records. This decentralized verification process ensures that the blockchain remains tamper-proof and resilient against attacks. Element United, the entity behind the blockchain, is dedicated to harnessing blockchain technology for environmental and ethical purposes. They employ advanced technologies such as LiDAR, imagery, local lore, and 43-101 mining reports to fulfill their mission. These technologies aid in creating detailed and accurate representations of mining sites, which are essential for their environmental initiatives. Beyond the blockchain, Element United engages in several innovative projects aimed at curbing harmful mining practices. They collaborate with mines to establish alternative revenue streams, develop blockchain-based products like NFTs and interactive gaming, and institute mining certification programs that advocate for environmental responsibility. Notably, their tokenized carbon offset program incentivizes sustainable practices by allowing participants to earn tokens for reducing their carbon footprint. Element United functions independently from the blockchain, concentrating on building products and services that align with their mission. They do not promote the ELMT token or facilitate its exchange listing, nor do they create liquidity for the token. This distinction ensures that their endeavors remain transparent and compliant with regulatory standards, adeptly navigating the complex realm of blockchain technology with integrity. The integration of decentralized governance, cutting-edge technological applications, and a strong commitment to environmental sustainability distinguishes Element within the blockchain sphere. By merging these elements, Element not only offers a secure and efficient blockchain platform but also makes a positive contribution to global environmental initiatives.

Element (ELMT) is a cryptocurrency distinguished by its commitment to ethical and sustainable practices across multiple industries. It utilizes blockchain technology to enhance transparency and accountability in sectors like mining, fashion, and finance. By collaborating with mining operations, Element seeks to establish alternative revenue streams that mitigate the environmental impact of conventional mining methods. This is accomplished through blockchain-based offerings such as NFTs, interactive gaming, and certification programs that promote responsible environmental management. Within the financial sector, Element facilitates cross-border payments and supports tokenized assets, simplifying peer-to-peer transactions while maintaining privacy. The Element Blockchain is administrated by a community of node owners and governed by the Element Distributed Governance Framework (DGF) Charter. This decentralized model ensures that the blockchain functions transparently and adheres to regulatory standards. Element further finds application in e-commerce, where it verifies the authenticity of certified products. This adds a layer of trust for consumers who are increasingly attuned to ethical sourcing concerns. Additionally, the platform supports digital identity management, offering a secure and efficient method for identity verification in various online transactions. In the realm of healthcare, Element's blockchain technology can securely store and share patient records, ensuring that sensitive information is accessible only to authorized parties. This enhances data security and streamlines healthcare service delivery. The ELMT token, issued on the Element Blockchain and bridged to the Ethereum Network as an ERC-20 token, serves as a digital reward for node owners who sustain the blockchain. Element United, the entity behind the blockchain, is focused on developing blockchain-based products and services without engaging in token promotion or exchange listings. This separation allows the company to operate within regulatory frameworks transparently and compliantly. Element’s adaptability also extends to supply chain management, where it tracks goods from production to delivery, ensuring transparency and minimizing the risk of fraud. This is especially beneficial in industries where product provenance is critical, such as pharmaceuticals and luxury goods. For further information, you can look up Element on Eulerpool.

Element (ELMT) has established itself within the cryptocurrency sector by emphasizing environmental solutions and blockchain technology. Unlike many tokens introduced via ICOs, ELMT is minted directly on the Element Blockchain. This blockchain is sustained by node owners who maintain node licenses, earning ELMT as a digital reward. Originally native to the Element Blockchain, the token has been bridged to the Ethereum Network as an ERC-20 token. A significant event for Element was the formulation of its Distributed Governance Framework (DGF) Charter. This framework, ratified by node owners, ensures community management of the blockchain, thereby fostering decentralized governance. Element United, the entity behind the blockchain, refrains from promoting the token or managing its exchange listings, concentrating instead on the creation of blockchain-based products and services. Element's participation in High-level Inter-Ministerial dialogues was another major milestone, highlighting the company's dedication to utilizing blockchain technology for societal advancement. Element's initiatives also extend to the fashion industry, where blockchain is deployed to improve transparency and traceability within supply chains. The company is committed to environmental causes, as reflected in its partnerships with mining operations. By developing alternative revenue streams for mines, Element seeks to mitigate the environmental impact associated with traditional mining practices. This goal is supported by mining certification programs aimed at promoting environmental stewardship and tokenized carbon offset initiatives. Element has also explored the realms of NFTs and interactive gaming, further expanding its blockchain applications. These activities are part of a broader strategy to integrate blockchain technology into various sectors, thereby advancing adoption and illustrating the potential use cases of ELMT. Element's humanitarian projects underscore its dedication to social impact by leveraging blockchain technology to tackle urgent global issues. These projects showcase the versatility and potential of the Element Blockchain. Element Nodes and Element Digital Rewards are essential components of the ecosystem, promoting participation and ensuring the network's strength. Node owners play a pivotal role in sustaining the blockchain, receiving digital rewards in the form of ELMT tokens. The company's focus on transparency and compliance is evident in its operations. Element United engages with the regulatory environment with a commitment to full transparency, ensuring that its activities adhere to legal and ethical standards. Element's journey exemplifies a combination of technological innovation and social responsibility, positioning it as a significant entity in the blockchain space. For further financial and market data on Element (ELMT), please refer to Eulerpool.

Element (ELMT) distinguishes itself in the cryptocurrency arena through its innovative approach to blockchain technology and commitment to environmental sustainability. The visionaries behind Element are Fred Wang and Zhang Hongliang. Fred Wang contributes extensive expertise in blockchain development and has played a pivotal role in crafting the technical architecture of the Element Blockchain. In contrast, Zhang Hongliang, with his background in environmental science and business, has been instrumental in integrating sustainable practices within the project. Element United, the organization responsible for Element, is dedicated to addressing harmful mining practices through groundbreaking blockchain solutions. The ELMT Token, an ERC-20 token, is generated on the Element Blockchain and acts as a digital reward for node owners. Governance of the blockchain is community-driven, orchestrated by node owners in accordance with the Element Distributed Governance Framework (DGF) Charter. Element United refrains from promoting the token or managing its exchange listings, upholding a commitment to compliance and transparency.

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