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You can register using your Google, Facebook, or Twitter account, just click here.Hi Seth You are not the target market for the Elio coin. It is designed for people that do no understand crypto currency. Yoyo is in trouble with their start up target San Francisco. Uber is going to start a car sharing network there.The last 3 months or so has been a bit of a crash course for me, into the world of cryptocurrencies.
With no whitepaper or anything else published, "Eliocoin" sounds like a complete joke, if not an outright cash-grab. There are a couple really good cryptocurrencies that I think have a real chance of supplanting fiat currency for a lot of common microtransactions (Bitcoin isn't one of them), but nothing Elio comes up with is going to fit that.
As to utility tokens, I don't see how there could be any possible use of a tokenized crypto in relation to the Elio. I can see some uses of a crypto token for a car sharing business like YoYo, but in that case...why not call it "Yoyocoin"? But either way, you don't buy a crypto token, they are simply a function of the distributed ledger and don't actually represent value in themselves.
I wouldn't laugh about crypto currencies. It can be difficult to understand how the distributed ledger works, or the difference between Proof of Work and Proof of Stake currencies, or how Bitcoin's Universal Ledger compares to IOTA's Tangle Ledger and NANO's Lattice Ledgers. Trying to understand crypto is a bit like learning how combustion engines work. But I don't think anybody disagrees that Combustion Engines are better than riding horses everywhere.
That said, feel free to laugh at Eliocoin. It's clear to me that they are using it purely as a funding mechanism, perhaps by requiring that Elio buyers use their coin as the purchasing medium. If that's the case, I would love to have my non-refundable reservation converted into Eliocoins. Then I can sell those on a crypto exchange and trade for something actually valuable, like Dogecoin.
I still want my Elio though.
Hi Seth You are not the target market for the Elio coin. It is designed for people that do no understand crypto currency. Yoyo is in trouble with their start up target San Francisco. Uber is going to start a car sharing network there.
Do you think that the Eliocoin is something created to show on the SEC report, as a possible source of future funding?It will be interesting if Hari invokes some 'outside' sort of loan or financing as a 'carrot on a stick' for investors in YoYo, like ESG / Elio Motors did with the impossibly elusive ATVM loan (a few times, and alluding to beneficially new criteria), and constantly citing 'other investor interest'. ESG /Elio has proven themselves skilled at shortening and lengthening the 'carrot stick' quite adeptly.