I would recommend everyone to join their Telegram channel, because the team has a lot of interaction there with the community. You can also see how non toxic the chat group is. The channel is overseen by an 'anti-bot' bot. Only real people can join the channel, because bots are kicked.

I sincerely ask you to join the channel.

I'm just a regular user following this project for a while and I think I can answer a few questions.


The team said the mainnet will be launched in April. So unless they decide to postpone it, I think it'll be ready at the end of the month. Regarding to the pairs: currently each asset is paired with BTC, ETH, NEXT, EUR and USD. They'll add other fiat options like GBP and JPY later, but I'm not entirely sure if those will also be basic trading pairs. I think it makes sense that they will.


The team had an AMA session recently on Reddit. There's a transcript of it on Medium. As far as I understand from the AMA, KYC is required for FIAT operations. They have a table categorizing different user classes. Although the table is not final, if I understand it correctly, you can see that they allow withdrawal worth of €1000 per day and €10000 per month.



The exchange isn't going to run on the masternode network. The Next blockchain, which is a combination of PoW and PoS will be the backbone of the exchange. Although I'm not aware how they are technically going to implement it, I'm aware that they are going to record each trade on their own blockchain.

I am aware of a few rules regarding to the masternodes, but beware that these rules could be adjusted/changed at a later period, so don't rely on my post.
-KYC is required for running a masternode
-1 masternode per person
-Some countries are indeed restricted. I don't have a list though.
-The network will be capped at 100 masternodes (This is one of the things that can change, so don't see it as a never changing fact! 100 masternodes currently make sense because of the low circulating supply of ~3.8M Next. That's like two-third of the circulating supply)

To be able to get listed on coin market cap, there needs to be at least $10k daily trade volume if I remember correctly. ELYTE is currently listed on Fork Delta, which is not listed on coin market cap (yet). The ELYTE community also still waits (over a month) to get listed on Yobit. We'll also get listed on next.exchange, which is a new exchange website, which will hopefully get huge so that it'll be acknowledged by CMC.

So we need to be a bit more patient. I think the month March will be the month we're looking for.

I wonder how someone can get an invitation for the black debit card? I'm personally against social media, so I don't use facebook, twitter, etc. Because of that I also didn't participate to the bounty program. That's not a problem, I bought my own coins. I just want to say I'm here, but I'm just not 'social'.

Keep up the good work guys! This may be a sleeping giant. Just imagine if this hits a marketcap of 1+ billion dollars someday...
I can't wait until the debit cards are released...