Tomorrow the voting starts for Adel’s proposal.
The cryptocurrency for the self-sustaining Adel Ecosystem:
Adelphoi, AdelEther or both?
Are you ready to vote?
What are the option again?
- “Only ADL/Ardor. No ADE/Ethereum”
Only ADL will remain as the trading currency in Adel, and there will be no ADE option. - “ADL/Ardor <-> ADE/Ethereum”
ADL will migrate to the Ardor child-chain as originally planned, and will be freely traded, back and forth with the ADE coin on Ethereum. With this option stakeholders will be able to exchange ADL for ADE or back again — ADE for ADL (1:1). - “ADL/Nxt -> ADE/Ethereum”
Adel will not migrate ADL to Ardor. All current ADL coins on Nxt will be swapped for ADE on Ethereum (1:1).
Who will be the winner?
The decision is upon the community members, that are owning 64000+ ADL, are registered and validated. They are able to vote from the 27th till the 30th of November on the Community portal.
Results presented in Warsaw?
The 1st of December, Co-founder of Adel — Gabriel Dusil, will be speaking at the https://cryptocurrencyworldexpo.com in Warsaw, Poland.
Would be fun if the results and the upcoming steps of Adel will be presented there.
Some facts regarding the proposal
- Moving to another blockchain with their currency (ADL to ADE) won’t give Adel new money. Adel does not need new funds as they can at least go on with their funds from the ICO (around 1 million in May 2017) for a minimum of 18 months. For your info, they have 2 ICOs left when funds for new projects are needed.
- Adel is still planning to get on Ardor platform with their Adelshare token (ADS), which you can use to buy stake into incubated projects with your ADL/ADE coin.
- Adel is blockchain agnostic.
- Looking for ADE as a move to support daytraders is short sited.
ADE can serve to:
Bring new members — Bring new expertise to Adel — Raise the awareness of Adel in other blockchain communities — Increase trading volume — Increase market cap — Increase coin value — Increase Adel’s exposure as an agnostic blockchain — Widen Adel’s reach in Crypto when projects are launched — Bring new strategic partnership opportunities — Diversifies Adel’s equity into additional blockchain baskets — Etcetera… - It’s a proposal.
If you have 64000 ADL, you can vote too.
You need to register yourself on the community portal: https://adel.io
My personal opinion
I think a move with the Adel currency to Ethereum will be one that will make Adel more known to a bigger crowd. It will be easier to get the coin listed on high volume exchanges as the setup is already there for the ERC20 tokens.
It is important that Adel also keeps their focus on to be incubated projects and by growing the ecosystem. I think they are doing a great job already and with the team expansion with experts, that started since October, the future looks bright!
I am sure things will change soon as the marketing team has worked hard to get their action plans ready for the voting result of upcoming week.
I think that this ADL (maybe soon ADE) coin won’t be this cheap anytime soon: https://coinmarketcap.com/currencies/adelphoi/