Dont know on why you do grave dig this old thread and asking out if its a scam.Why cant you just make your own google search and find out if this project is still alive or already on the grave?

Browsing off CMC with this with having corresponding red highlight.

This page refers to the native Elrond currency called eGold. The old ERD currency underwent a redenomination of 1000 ERD:1 eGLD, and name change from ERD to eGLD, which is short for eGold. The new eGLD is 1000x larger than the old ERD. There is no difference between eGLD and ERD except for their name and denomination. See Elrond's blog post for more information.
Source: CMC

Based up on blog: https://elrond.com/blog/the-elrond-token-swap-begins-on-the-3rd-of-september/

This is already old but looking into its volume and markets on where it being traded which is on binance. $34M daily volume is something you cant called scam.