Post
Topic
Board Tokens (Altcoins)
Re: ANN: ELIXIR (ELIX) Mobile Lending App Announced (ELIX On CoinExchange)
by
Anzacka
on 23/11/2017, 16:34:36 UTC
And you dont think it could be a scam ? Because actually we know nothing about the team.

We supposedly knew everything about the confido team. The key difference? They displayed no actual work on their product.

ELIX team have consistently shown their persistent work over the last few months. That's what you really want in a project, not fancy graphics and elaborate team bios.

That said, making the devs known to the public would generate a lot of investor trust and bring in a lot more capital.

MyLedger is great so far, but I'm more excited to see the ELIX based crowd funding - will it work through the app then, too?

The loan crowdfunding is a feature which we would like to include in our smart contracts. We are currently focused on completing the core functionality of the mobile application, which is to allow users to send and interact with loans between one another, and be rewarded for each loan's completion. We'd like to further examine the viability of including the crowdfunding functionality from within the mobile application, and whether mobile would be the most appropriate platform to place it on, or if we will be placing it on the global lending platform. In either instance, we will work on designing the appropriate interface for this functionality, and integrate it with whichever platform it can work best on (or even both).

I think part of the market niche you're targeting here for the crowdfunding is the possibility of a mobile platform for it. That's where you'll get an edge over things like kickstarter. The simpler you make it for people, the more they'll use it and the closer you come to mass adoption. That said, mobile functionality won't be the be-all end-all of this concept, however I think it will be a non-negligible USP.