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Summary
- ELMT Token is minted on the Element Blockchain as a digital reward for node owners.
- ELMT Token is an ERC-20 Token bridged from the Native Element Blockchain to the Ethereum Network.
- Element Blockchain is managed by the community of node owners and governed by the Element Distributed Governance Framework (DGF) Charter.
- Element United, the company, focuses on building blockchain-based products and services, operating independently from the Blockchain.
- The company aims to fight destructive mining practices worldwide using blockchain technologies.
- Initiatives include partnering with mines, creating blockchain-based products, certification programs, and tokenized carbon offset programs.
About Element: Empowering a Decentralized Future
While some tokens originate from Initial Coin Offerings (ICOs), the ELMT Token is uniquely minted on and by the Element Blockchain as a digital incentive for node owners who possess and host node licenses that empower the blockchain. As an ERC-20 Token, the ELMT Token has been seamlessly bridged from its native Element Blockchain to the Ethereum Network.
The Element Blockchain is overseen by a decentralized community of node owners, operating under the auspices of the Element Distributed Governance Framework (DGF) Charter, which was ratified through a democratic vote by node owners themselves. Notably, Element United, the company, does not engage in token promotion, nor does it facilitate listings on exchanges or create liquidity. Instead, the company remains steadfast in its mission to develop innovative blockchain-based products and services. Moreover, the company operates independently of the Blockchain, navigating the complex regulatory landscape with unwavering transparency and compliance.
Element United is a pioneering company dedicated to combating detrimental mining practices globally, leveraging the transformative power of blockchain technologies. Through a multifaceted approach, the company collaborates with mines to develop alternative revenue streams, crafts innovative blockchain-based products, including NFTs and immersive gaming experiences. Additionally, Element United implements mining certification programs that foster environmental responsibility and introduces tokenized carbon offset initiatives, thereby promoting a more sustainable future.