Why ELIXIR
Overview/Remarks
I have closely followed the development and growth of Elixir tokens over the past 3 months. What interests me most is the flexibility, consistent updates, the community’s candid response, and the founders' willingness to listen. They have shown leadership by example and the ability to make corrections where necessary.
I have participated in some projects outside this blockchain, and most often, feedback is met with cold feet and, worst, no transparency. However, the first thing that attracted me was the quick correction by one of the founders in response to feedback. This shows great leadership skills. It also buttresses the point that there is a human face to the project.
WHY ELIXIR
I have come to realise in this ever-growing, changing, and developing world of cryptocurrency that not all tokens require my attention. I have also learnt here that not all that glitters is gold, but by reading the whitepaper and the constant updates shared by the founders, I have confirmed the following about Elixir.
Growth Strategy- Looking at the tokenomics breakdown and consistent updates, it is clear that the ship is sailing well, as the investor list keeps improving with each update. Dividends and major milestones are announced. The roadmap explains how, what, where, and when. These facts make the ELixir project a thought-out and guided project prepared for success.
Token Purpose: to support quality posts and content on the Hive short-content blogs through manual curation. This will target the infuriating community ( a place where users share their daily frustrations), among others, and inspire interest to raise the momentum in daily activities, attracting more users to the Hive blockchain.
The brains behind the token- going through the profile of the founders and caliber of investors. They are well respected and people of integrity. These features are important to me as a prospective investor.
Freedom/Power to the people- while the founders make decisions, from some of the interactions I read, I’ve realised that they value feedback as users' responses, no matter how, are regarded. They will always take a second look and respond instead of ignoring them; this encourages users to share their views. From this, I’ve seen some improvements made.
Finally, most people may desire a great price and quick ROI; mine includes long-term values and sustainability. The ideas of great minds behind the project and the points enumerated above are currently spurring my interest in Elixir.
This write-up is a response to @bulliontools' request for the "Why ELIXIR" Writing Contest.
Feel free to join here @bulliontools/why-elixir-writing-contest
Images sourced from @bulliontools' page and modified with ChatGPT and Photoroom app.