Compatibility Value of EdenLoop Token (ELT) and EdenLoop NFT

Eden Loop
Eden Loop
Published in
2 min readSep 25, 2021

Holders of EdenLoop Token (ELT) will receive various benefits in the platform through airdrop. The value of issued EdenLoop Token will be increased while adjusting its liquidity in the market through constant transaction except for the first ICO (Initial Coin Offering) and IEO (Initial Exchancge Offering). The foundation will be able to secure the capacity to reduce token liquidity constantly through token purchase at market price by making basic fee and rewards on original works as well as transaction of sales on designs between companies through EdenLoop Token. Ultimately, the reduction of liquidity will lead to the increase of value. Therefore, it is expected that the exchange of token holders who own a lot of NFT issued within Eden Loop Platform will increase the value.

EdenLoop Token (ELT)

EdenLoop Token will serve a role as a very important indicator token that connects NFT and the foundation. Eden Loop Token presents the direction that can evaluate the growth of Eden Loop Platform.

EdenLoop Token can be used to purchase NFT of creative works that applied the copyright within the platform. In order purchase, users will need to have Ethereum to purchase ERC-721 based NFT.

However, NFT can also be purchased by using ERC-20 based Eden Loop Token within Eden Loop Platform, and creators with IPR can obtain certain amount of profits generated through sales or rental of secondary or tertiary works of their original works and the profits will be paid as Eden Loop Token.

The Value of EdenLoop Token

The value of EdenLoop Token will be increased depending on the protection of IPR and maximum utilization within the EdenLoop Platform. The key success of Eden Loop Platform will be reflected on the value of EdenLoop Token and is expected to provide continuous and positive signals to token holders. This will make two tokens to have an organic relationship and to increase their values.

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