FAQ

Q: What is Elementh?

A: Elementh is a non-profit foundation with access to the global system of product classification. It is based on the blockchain technology for storing the entire sales chain and the ability to create any centralized and decentralized applications upon the Elementh blockchain. Elementh allows everyone to access real-time stock inventory and price data of the vendors inside the blockchain.

Q: What is the main target of the Elementh blockchain?

A: The Elementh’s overall goal is to create a standard system, available for use by the entire e-commerce market in both B2C and B2B sectors. To combine all prices for all goods in one place. To create the unified product classification standard and a platform allowing for quick setup and scaling of e-commerce projects. It will simplify the global e-commerce and make it more reliable and clear.

Q: What is the main advantage of the project?

A: It’s universality combined with reliability. Elementh is not a ready solution but a platform to create various solutions for different e-commerce applications. Also, its blockchain basis provides robustness required for global transactions. The project is based on several systems providing the framework for the project’s future structure.

These systems guarantee operability of the entire platform. The whole structure implements chains of blocks based on needs and requirements. This solution saves a lot of storage space and system resource costs. Besides that, the protocol allows the Elementh network to operate more efficiently while maintaining a desirable level of security.

Q: The team

A: Team of the project consists of 17 members, three of which are founders, they have been working together for years, which is a bright spot of the project. Founders have great experience in the field of e-commerce which is the target field of Elementh project, their experience is not limited to Miiix, earlier, they had also developed a platform for vending unsaleable stocks from retailers and some other products.

Q: Development

A: After the ICO end, Singaporean company Elementh is acquiring Russian company Miiix. The latter has minority investors who get tokens from the team pool under the same conditions as for the team, and get also money compensation.

Upon the deal conclusion, all development rights and copyright will be transferred from the Russian company to the Singaporean one, and the code will be published at GitHub.

Q: Total supply

A: Total supply of EEE is 103,195,876 tokens.

Q: How to watch EEE in your wallet?

A: Token Contract Address: 0x4C567C3363Cc42c5a42c6d8bf01503fd1d0b91cd

Token Symbol: EEE

Decimals of Precision: 18

Q: Where to buy Elementh

Elementh tokens are now available on the Bleutrade exchange.

EEE is traded in four pairs: BTC, USDT, DOGE and ETH.

Proceed the registration to start trading.

Elementh tokens are also represented on the IDEX, Forkdelta, Etherdelta and Tokenjar.

Q: Exchanges

A: Our lawyers have strongly recommended not to answer such questions. But we always announce our new partnerships, the last one was with IDEX.

Talking about another possible token placing, every exchange has its own terms, conditions and interests. That’s why exchanges choose the right moment for allocation of tokens in their own discretion. We have no direct influence on the exchanges to place our tokens at the moment.

Q: Current token price

A: Talking about the current token price, we should consider several factors that influence the price. First, all holders of free tokens, like airdrop and bounty participants, have been selling their tokens. It resulted in a big inflow into the market, increasing supply, thus leading to fall of the token price. Besides that, the entire market is in stagnation now. Everybody awaits its growth and acts cautiously. In this case, hurry can be a fatal error and result in loss of our investors’ funds.

Elementh is a long-term project. Now the product is under development. We do not plan to lift the price to the skies, as we made project not for speculation in Elementh tokens, but for realization of our plans, stated in WP.

Q: Where will you be on CoinMarketCap?

We have applied there several times.

As they said “Unfortunately, EEE does not meet our requirements for listing at this time. Please feel free to re-apply when this project has become more established”.

As CMC team don’t tell us particular requirements, we can’t tell you the reason.

We don’t give up and planning to list on CMC as soon as it will be possible.

Q: News on partnerships, exchanges listing, etc..

A: If we have any news, we will announce it for sure.

We constantly post the latest updates. We have also made a video where the team answered the most frequently asked questions.