Is this coin has a same function and features as bitconnect? lending services with capital gain? if yes then this altcoin is not good for long term (in my opinion.)
But If I'm wrong, then this coin might have an awesome future because it has a very low total supply and the coin is relatively new as well. Looking forward to the future of this altcoin. I'll have to learn more about this altcoin first. I hope I won't miss the train xd
It's not even close to BCC, the only comparision we can use is "cryptocurrency" and "lending". Because of BCC fud there is also other lending crypto fud what causes price drop, what also makes it best time ever to buy.
Bcc is a mineable coin, elixir is token
Mostly BCC idea as I read about this scam was to get up to 480% investment in a year just for holding BCC - for nothing, money grows on trees, typical ponzi scheme. Ideas to understand this interest were creative - they use A.I trading and other solutions like lending that's why your money grows like these on trees
In elixir there is nothing like interest for nothing, yes you can get interest but only by doing something, like borrowing elix to someone, and when someone is paying you back - pays more than you lend. You can't find any comparision of ponzi scheme in this project, it's clearly impossible