Elan

<p>Globally, centralized electric grids are responsible for producing and distributing energy to households and industries. While most grids rely on carbon-intensive fossil fuels, others run on nuclear fuel, hydroelectric power, wind, and solar energy. Apart from highly polluting coal-based power plants, nuclear stations and dams also cause significant ecological damage.</p><p>Therefore, there is an urgent need to decentralize our energy systems and move towards a sustainable, greener alternative. This shift is necessary to protect the climate, save energy costs, and take away control from monopolized corporates. Blockchain-cryptocurrency technology has the potential to facilitate a seamless transformation from centralized to decentralized energy production and distribution.</p><p>For example, our Elan blockchain called ‘The Chain’ enables the creation of a  decentralized energy network. The $ELAN token powers Elan Future’s Chain and runs the Elan network.</p><h2 id="header-0">What is the $ELAN Token?</h2><p>The $ELAN token is a decentralized utility token for producing clean and cheap electricity for households and industries. You can use $ELAN tokens to purchase our products like Apollo, Model 2, and Bia, and also pay for electricity.</p><p>$ELAN tokens offer a simple payment infrastructure, free from market instability, inflation, cross-border sanctions, and whale-driven market manipulation. Thus, you have round-the-clock permissionless transactional access with negligible fees and instantaneous payment settlement.</p><h2 id="header-1">Characteristics Of $ELAN Token</h2><p>Our $ELAN tokens have the following unique features that differentiate them from other cryptocurrencies:</p><h3 id="deflationary">Deflationary</h3><p>Inflationary pressures have an adverse impact on savings as people spend more on energy costs. To avoid this situation, we’ve designed a deflationary token that will have long-term value.</p><p>Thus, when you use an $ELAN token to produce electricity from our Elan device, it ‘burns’ the token. Burning $ELAN means permanently putting it out of circulation, thereby reducing the total token supply. This deflationary design helps in maintaining the asset price and holding a stable value for each $ELAN token in circulation.</p><p>Our maximum token supply is capped at 1 billion $ELAN tokens. We use an innovative burning strategy so that the last $ELAN token will burn in the year 2800. Thus, there is adequate time to keep using $ELAN whose value will only appreciate over the years.</p><h3 id="utility-driven">Utility driven</h3><p>Our $ELAN tokens have real-world utility and application in buying, producing, and sending energy. Token holders will have multiple benefits.</p><p>For one, since the deflationary token will increase in value in the long run, $ELAN can contribute towards building generational wealth. So holding $ELAN tokens will boost the overall value of an investor portfolio.</p><p>Additionally, the tokens will facilitate equitable distribution of energy. We’ve designed $ELAN tokens to provide energy to all people, irrespective of their social class or demographic background.</p><p>With our $ELAN tokens, access to energy and electricity won’t be restricted to the privileged section of society. The token will provide affordable and green energy to everyone without any discrimination.</p><h3 id="elan-device-compatible">Elan Device Compatible</h3><p>The $ELAN token is the only currency with which you can purchase our Elan products, pay electricity bills, and interact with the Elan ecosystem. This seamless blockchain-based payment system removes the need for third parties, extra platform fees, and delays in payment processing.</p><p>Each Elan device comes with a hardware wallet that stores your private key and $ELAN tokens. The wallet directly interacts with the Elan Chain, offering high security and protection from hacks and other vulnerabilities.</p><h3 id="send-electricity">Send Electricity</h3><p>There are millions of underprivileged people who don’t have access to energy sources and electricity grids. Existing Web2-based donations don’t help as more than 80% of them go into platform fees and transfer costs. The $ELAN token is a game-changer for donating electricity to those in need.</p><p>You can now send $ELAN tokens with your iPhone or Android-based Elan app to those who need them. Elan Future’s decentralized donation infrastructure ensures that 98% of your donation actually reaches the people. With $ELAN tokens, you can now distribute energy around the world, changing lives by helping people out of energy poverty.</p><h2 id="header-2">Where to buy $ELAN Token?</h2><p>We will airdrop the first version of $ELAN tokens to BAYC/MAYC holders and initial investors free of cost. Moreover, $ELAN tokens will be available for purchase on most decentralized exchanges supporting ERC-20 tokens. At the moment, the $ELAN token is available on <a href="https://whitebit.com/trade/ELAN-USDT?tab&#61;open-orders" rel="noopener noreferrer nofollow">WhiteBit</a> and <a href="https://www.bitmart.com/trade/en?symbol&#61;ELAN_USDT&amp;layout&#61;basic&amp;theme&#61;dark" rel="noopener noreferrer nofollow">BitMart</a>. You can buy your $ELAN token by following the steps below:</p><ul><li>Use your fiat money to buy an equivalent amount of $ELAN token</li><li>Use any of your cryptocurrency to purchase an equivalent amount of $ELAN</li></ul><h2 id="header-3">$ELAN: Control Your Own Energy</h2><p>The $ELAN token gives you the power to produce, store, and send energy without any centralized intermediaries.  You are the sovereign owner of your energy, effectively giving you unlimited control over your energy sources.</p><p>Additionally, $ELAN tokens give you the power to change the lives of millions who live without electricity to this day. Now, you can change this power inequality to build a sustainable and equitable future for all.</p>

All You Need To Know About $ELAN Token.

Table of Contents

ElanFuture

Other articles published on Nov 25, 2022

Bite Local NFTs: Rewarding Aussies With NFTs and Free Food

Ancient Raid Trailer

CHAPTER 0: The Path of New Legendary: THE ‘DEZENTRUM WARROIR CHALLENGE’ : DISCORD 🌕

FTX Hacker Trades 29.7k BNB, Moves Up 31st in Eth Holders

BNB Chain Martians Program: Community Organizers and Champions

Cardano Has Rough Week While Polygon Continues Its Growth This Week

Join our free newsletter for daily crypto updates!