About Elixir
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
Not enough data
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Additional info about Elixir
Recent trends
Market details
ELIX vs markets
Not enough data
ELIX vs BTC
Not enough data
ELIX vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.00 | 0.00% |
FAQ
Elixir is a blockchain platform that enables users to make payments, generate and request loans, and crowdfund projects. As stated on its website, the platform outperforms traditional payment, lending, and crowdfunding methods because of its trustless and irreversible nature.
The Elixir lending service seeks to offer an authentic peer-to-peer lending experience. These loans offer a financial incentive for borrowers to repay their loans on time and a financial incentive for lenders to provide these loans to borrowers. Both the borrower and the lender are rewarded for a practical loan involvement.
In addition, the payment ledger on the platform aims to allow users to track, monitor, and seek payments. The platform believes that ease of use and a user-friendly interface can promote adoption. The platform's goal is to create smart contracts to facilitate decentralized crowdfunding. Also, to ensure that users have clear information about who and what they're supporting, the network helps establish the validity of initiatives supported on the platform. A portion of crowdfunding earnings provides one conceivable revenue stream for Elixir, with millions earned for single blockchain projects.
According to its whitepaper, one of the core purposes of Elixir is to create a new credibility/reputation system linked to a user's wallet address. By utilizing this mechanism, requesting a loan on the global lending platform is as simple as specifying the amount of Elixir a borrower wants, the time required for payback, the number of installments they'll make, and the collateral they'll put up to assure the loan's payback. Besides that, the platform has a long-term goal to create a token-backed credit scoring system. A tally of token rewards can be used to represent a credit score.
ELIX token is the platform's cryptocurrency built on the Ethereum blockchain. The token has the ability to leverage the power of smart contract creation. Unlike other currencies, which require strong machinery and computing capacity to produce tokens, Elixir is mined through time. The mining process began with the distribution of genesis addresses through an airdrop.
The Elixir platform was launched in 2017. The token's maximum total supply size is currently 139,356,672 ELIX.
We update our Elixir to USD currency in real-time. Get the live price of Elixir on Coinbase.
Earn $50 when you buy $50 in crypto
Restrictions apply. Promo code expires June 20th, 2025.
Elixir news
Related assets
Discover conversions
Popular cryptocurrencies
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.