It's interesting because they talked to Michael Keaton and he doesn't seem too bright when he was in this documentary:
What possible value could Elio possibly have as a cryptocurrency? Who would want it? Things like Bitcoin, Bitcoin Cash, Litecoin, etc. only have money because you can sucker someone into buying it off of you. Maybe. Who would *want* an ElioCoin?
There are a few places that take BTC as payment (I bought some stuff from Overstock.com and Newegg with BTC last year when it was valued higher), but for the most part you are right and the only value cryptocurrency has for normal people is speculation. Some people use it as a means to move large sums of cash around easily, but not something most of us Elioers would be doing. That is why I mentioned in my post that unless Elio can add value to the cryptocurrency themselves like being able to use it towards the purchase of an Elio, then it is pretty much worthless. This scheme just sounds like pure desperation for easy money. Which would be at the expense of the public, the consumer of the coins.
https://www.eliocoin.com https://www.facebook.com/eliocointoken/ https://www.linkedin.com/company/eliocoin https://www.youtube.com/channel/UCpn6vnjStCOCXcVNKGBGhBg https://registrydb.com/eliocoin.com
More: Domain registrant: https://wa-com.com/eliocoin.com Registrant employer: https://angel.co/matt-schulwitz Co-Founder of NeoDriven (which can be paid for by cryptocurrency) https://www.neodriven.com Sounds like to me that a self driving Elio is in the works. https://www.theverge.com/2017/1/9/14208720/neodriven-george-hotz-comma-ai-self-driving-car
Elio just pulled the S-1 Registration. That means no Nasdaq listing. Looks like everything is bet on ElioCoin https://ir.eliomotors.com/sec-filings-email/content/0001140361-18-019497/s002237x1_rw.htm
In a nutshell, they didn't have enough interest in the NASDAQ offering for $100M so they need to hurry up and go with the Eliocoin offering.
