Elitium Coin Price & Market Data
Elitium price today is $4.45 with a 24-hour trading volume of $434,753. EUM price is up 2.1% in the last 24 hours. It has a circulating supply of 0 EUM coins and a total supply of 332 Million. If you are looking to buy or sell Elitium, BitMart is currently the most active exchange.
What Is Elitium?
Elitium is your Digital Economy of independence, value, and growth.
Elitium was born in 2017 following the development of a P2P crypto-payments application for luxury yacht charter Boatsters Black.
The success of the product inspired the Elitium co-founders to reimagine wealth management from the ground up, ultimately founding Elitium.
Their mission is to redefine value and help investors successfully diversify their portfolio into crypto, DeFi and tokenized assets — without having to worry about technical barriers or security implications.
In the last few years, Elitium has built a strong network of investors and capital partners, who each contribute to taking the coin, running nodes, and supporting ongoing growth. The Elitium App will be launched by the end of Q1 2021.
Elitium works very closely together with their community and customizes the product accordingly to their needs.
Users can already have a look at the preview and share feedback: https://preview.elitium.io/.
The companies ultimate ambition is to create a decentralized Digital Economy that enables every client to live an abundant lifestyle via wealth management solutions that offer the following APY:
- Elitium Staking: Earn up to 6.5% APY
- Elitium Masternodes: Earn up to 28% APY (Previously 25% APY)
- USD Savings: Earn up to 3.40% APY
- Gold Savings: Earn up to 1.2% APY
- Tokenized Assets: Earn up to 5.1% APY
The Elitium ecosystem is powered by its native cryptocurrency EUM: a digital currency you can stake, trade, spend, and use to invest.
For more information, visit www.elitium.io.
Who Are the Founders of Elitium?
Elitium was founded by Raoul Milhado, Jean-Pierre Morand, and Collin Gelevert.
Raoul met Jean-Pierre in his hometown Amsterdam in 2016, initially exploring how to bring crypto-payments into the world of luxury.
As their ambitions grew, Raoul and ‘JP’ recognized the need for additional legal and financial expertise, onboarding Collin as the third co-founder.
Prior to Elitium, Raoul founded and exited a venture in digital marketing. He’s remained a driven entrepreneur since his early professional years, ultimately spearheading Boatsters’ move into crypto before becoming Elitium CEO.
Jean-Pierre Morand is a tech specialist who’s spent a lifetime involved in frontier tech, first helping bring the internet to France before diving into the blockchain. He has 8 years’ blockchain experience and is Elitium CTO. Collin Gelevert has worked in global businesses since the 80s, leveraging his financial expertise to set the legal and compliance strategy of Elitium in his role as Chairman and CFO.
What Makes Elitium Unique?
Elitium brings together a variety of blockchain investments in one simple-to-use platform, eliminating the complexity and security implications of holding a blockchain-based portfolio.
Elitium makes it easy for every investor to access the world of blockchain-based products and grow their wealth in a straightforward, streamlined, and secure way. Due to the efficiency of its technology, investors can save time managing their wealth while generating higher returns on a sustainable basis than via traditional systems. Thanks to its robust network of private investors — including the well known crypto trading expert ‘The Wolf of All Streets’ Scott Melker and merchant bank GDA Capital — Elitium has never held an ICO, instead using private funding to build its product portfolio in a sustainable manner.
Read more about the private investments here: https://finance.yahoo.com/news/gda-capital-wolf-streets-invest-162300045.html
How Many Elitium (EUM) Coins Are There in Circulation?
Elitium launched its native digital currency in 2017, with a maximum circulating supply of 332,000 and current circulation of 30,086,253. Elitium’s native token EUM is an official utility token according to a Memorandum of Advice received from blockchain-specialist law firm, Hassans.
The token powers the products in the Elitium wealth management platform, including the staking system and a limited number of masternodes, with operators participating in the governance of Elitium protocols.
The token also acts as fuel for the app (transactions) and as a currency for the card — alongside playing a central role in the Elitium ecosystem (when you own EUM, you get early-bird access to ECAP investments, discounts, etc.).
How Is the Elitium Network Secured?
EUM is an ERC-20 token running on the Ethereum Blockchain. Transactions get validated through the "Proof of Stake" mechanism, which is more energy efficient and sustainable than the traditional "Proof of Work" Model. With Elitium you always stay in full control over your own funds. With dedicated cold-storage and multi-signature protection, your funds are stored more securely than in any financial institution. Furthermore your tokens are 100% insured, as long as you hold them within the Elitium Platform.
Also, Elitium works with Amdax as their liquidity partner. An Amsterdam-based crypto bank regulated by the Dutch Central Bank.
Where Can You Buy Elitium (EUM)?
Elitium is available on several mid-tier exchanges, including BitMart, STEX, and FatBTC. Elitium will list EUM on one-to-two new exchanges every month, with the first new exchange listing being announced in January 20