Elixir (ELIX) is a payment system working on the Ethereum Blockchain which can be used for payments, creating loans, and crowdfund projects by using Ethereum smart contract technology. Due to Elixir’s trustless and immutable nature, it is superior to payments, lending, and crowdfunding.
Crowdfunding Platform: All the users will have ease in crowdfunding, the person or group will be provided with the set of tools to set up crowdfunding on the ELIX platform. The platform uses smart contracts to fulfill every demand require to perform successful crowdfunding. Furthermore, All the proposals will be verified by the company itself to ensure the high-quality projects.
Lending Platform: Elix landing platform will provide a P2P lending service where there will be no need of a middleman. There will be stress for payment in proper time and unlike other platforms where the loan is provided through an escrow service is not available. Loans include some incentive for lenders as well as for borrowers so that lenders get encouraged to lend money and borrowers pay their loan in time. Both the parties are benefited from this platform.
Elix Payments: Elix has a user-friendly mobile application which aims to provide a rich experience to its users. The platform has made easy for its users to keep a track of their payments and recent financing activities. Also, ELIX and Ethereum will be first cryptocurrencies to be shown in the payment ledger. Furthermore, In future other currencies will also be shown in the ledger.
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