What is ElonSpaceX
Tags: Binance Smart Chain, Memecoins, Blockchain, Cryptocurrency, Defi

What is ElonSpaceX

ElonSpaceX is just a meme coin built to promote new technology.

History of Cryptocurrencies

Bitcoin was the first cryptocurrency that was introduced and it has become the first decentralized global currency. The rise of Bitcoin has not only sparked interest in digital currencies, but it has also sparked interest in the underlying technology that supports blockchain technology. Blockchain is a distributed ledger used to record and protect transactions on a peer-to-peer network which is immutable. In addition to authorizing digital currencies, blockchain technology also enables innovators to create digital tokens that represent rare assets, thereby reshaping innovation and entrepreneurial capabilities.

Blockchain tokens can democratize communities by providing builders with new ways to interact with their users, raise funds and can provide innovators with new ways to develop, implement, and decentralize applications. The concept of digital scarcity allows people to incentivize and financially reward network participants in a simple and transparent way, without having to rely on third parties.

The introduction of Bitcoin and later other coins such as Ethereum, litecoin, Binance coin has led to a rise in alternative cryptocurrencies that primarily compete for in-network services. Although Bitcoin has become the safest, widely accepted settlement layer and store of value in the digital arena, Ethereum, Binance Smart Chain and EVM have become the safest settlement layer and store of value by giving developers the ability to write smart contracts that can solve reasonable computational problems. Hence, we have seen many scattered experiments and applications on Ethereum, and lately on Layer 2 projects.

These tokens created and running on EVM and similar environments can be Fungible Tokens or Non-Fungible Tokens and represent various rare assets such as currency, securities, property, unique collectibles, loyalty points, and gift certificates. They generally have a fixed supply or follow a transparent supply schedule, making them resistant to inflation. Furthermore, they can be transferred between parties without the involvement of any intermediary and can be traded on Centralized or Decentralized digital currency exchanges.

The advent of DeFi

In the olden days, humans bartered for goods and services. But, as humans evolved, economies evolved: We invented currency to make it easier to exchange goods and services. Subsequently, coins helped usher in innovations and created better levels of economies. However, progress comes at a cost.

The history has it that central authorities have issued currencies that underpin our economies, which eventually gave them more power as more people began to trust them. However, trust has been broken from time to time, which makes people question the centralized authorities' ability to manage said money. DeFi was developed based on the idea of creating a financial system that is open to everyone and minimizes the need to trust and rely on a central authority.

It’s argued that DeFi started in 2009 with the launch of Bitcoin, which was the first p2p digital money built on top of the blockchain network. Through Bitcoin, the idea of ushering transformation in to the traditional financial world using blockchains became an essential next step in the decentralization of legacy financial systems. The launch of Ethereum and, more specifically, smart contracts, in 2015 made it all possible. The Ethereum network is a 2nd generation blockchain that first maximized the potential of this technology within the financial industry. It encouraged businesses and enterprises to build and deploy projects that formed the ecosystem of DeFi.

DeFi brought a plethora of opportunities to bring about a transparent and robust financial system that no single entity controls. But the turning point for financial applications started in 2017, with projects facilitating more functionalities in addition to just money transfer.

DeFi has grown into a complete ecosystem of working applications and protocols that deliver value to millions of users. Assets worth over $30 billion are currently locked in DeFi ecosystems, making it one of the fastest-growing segment within the public blockchain space.

Smart Contract

A smart contract is a self-executing contract which offers Turing Complete programming languages that allow multiple parties to interact with each other, without needing a centralized intermediary. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The transactions that happen in a smart contract are processed by the blockchain, which means they can be sent automatically without a third party. Blockchain’s ability to capitalize on smart contracts has made them ideal platforms to choose when building out financial applications.

Our mission

We aim to support the Technology. ElonSpaceX will support the Technology by rewarding ESX token holders whenever Elon Musk releases new technology updates. We will also support new technologies outside of Elon Musk. We are lovers of innovation.

The ElonSpaceX is an evolving project that is always changing shape through careful consideration of the ideas and suggestions submitted. That is right, “YOUR VOICE” is heard and changes are voted upon by the membership.

What is ESX token?

ESX token is ElonSpaceX native Token which is a cryptocurrency or digital currency just like Bitcoin. ESX token is a Bep-20 built on the Binance Smart chain. ESX is a P2P transaction on blockchain between users directly, without an intermediary. Anyone can send and receive funds without the involvement of third party.

ESX Token Transfer System

ESX token transfer system is the simplest way of carrying out fund transfer without any hindrance. The transfer system of ESX token is very easy and convenient, this transactions can be carried out anywhere and anytime without limitations. The beauty of blockchain.

The transfer fee is very minimal with a safer, immutable, anonymous and fast transaction time. However the transaction can be checked on the blockchain.

Why We Love Technology

Technology has enhanced the quality of life in and out of the home. Technology’s advancements have provided quicker ways to carry out our day to day activities.

Technology has also given us brand new devices in recent decades, like electric cars, smartwatches, tablets, and voice assistant devices. With these devices, we can do things like travel with electric cars without the worry of petrol, transfer money instantly and make purchases for everything from clothes, food delivery, groceries, furniture, and more. Technology has changed how we entertain ourselves, meet each other, and consume all types of media. It’s made fun advancements, but it’s also made important advancements in safety when it comes to home security and medical devices.

Technology advancement opens up new opportunities by helping with safety, mobility and connectivity. Medical advancements have made it so you can stay proactive with conditions like diabetes and arthritis. With new medical alert devices, seniors can also get help at the push of a button and keep in touch with loved ones no matter where they are in the world.

Since there are so many new technologies to keep track of, it can seem overwhelming to adapt. However, all of these new technologies are designed to make your life easier. Even though it may not feel intuitive, learning how to use smart phones, smartwatches and voice assistants just takes a little bit of instruction and practice.

Many are now adapting into new technology and the number of people who are using the morden technology are increasing on daily basis.

When it comes to the way we communicate overall, modern technology has had a powerful influence.

Digital technology has changed what people term as “media.” The influence of new technology on media is apparent since a media company isn’t necessarily a news platform anymore. New technology gave birth to digital currencies which is far better than fiat currency. Anyone can easily send funds without any intermediary.

The amount of active web users globally is now near 3.2 billion people. That is almost half of the world’s population. Every day, new ideas are coming out and they are helping to make our lives better.

Technology Has Changed How We Pay Bills And Transfer Money

No more do you have to enter a bank to withdraw money or transfer it to someone or even worry about third parties. Blockchain and digital currencies has made it easy to carry out from the comfort of our home without any intermediary. Anyone can make transaction from anywhere in the world.

Digital Currencies has made it possible for people to send and receive money from any location using the Internet.

Paying bills has also become simplified thanks to technology. You can automatically schedule payments when they are due rather than having to remember to mail a check.

It’s even simple to pay for things using only your smartphone. With Binance-Pay card, you don’t need to carry cash when you go shopping. These card securely link your crypto account and you can easily use it to pay bills. The same machines you use to swipe your credit card at the store now allow mobile payments from your phone.

Keeping up with all of these innovations may seem like a hassle, but these technologies can simplify your life to help you worry about fewer things. With all of the payment capabilities available these days, you could leave home without your wallet and be just fine.

Using Technology In Transportation

Today, we now have electric cars and also, driverless cars have been in development for years, but this technology has yet to become commonplace. When it does, it will lead to fewer accidents on the road. It will also make transportation more accessible to everyone. People will be able to use cars even if they have disabilities or live in areas without public transportation. Driverless cars will use sensors to understand when to brake, speed up, turn, and park.

Though this technology still has yet to be perfected, we’re already seeing examples of its early stages in most new cars today. Since the technology being used isn’t completely driverless yet, it’s called driver assist. Using cameras and sensors, this technology can help you park, detect blind spots, warn you if you’re merging into another lane, and even automate the entire parking process – even parallel parking.

ESX token and utility

ESX token represents the native token of ElonSpaceX platform. The token will be used as a rewarding token on ElonSpaceX platform and also governance.

ESX as rewarding token:

ESX token will be used to incentivize all the token holders whenever a new technological update is released by Elon Musk or by any new innovative products announced by anyone and DAO submit the proposal and vote for it. ESX token will be used to incentivize the liquidity providers.

ESX as governance:

ESX Token holders will be able to make decisions such as submitting proposals and voting, adjusting token distribution, review of important rules, suggesting new features. We aim to be a true DAO, whereby the ecosystem participants will decide the most profitable and best opportunities to focus on and bring them to our attention. Our token holders are the ones to control our platform.

Token Metrics

100 trillion ESX tokens will be issued.

10% Token Sale

3% Initial Liquidity

7% Marketing

10% Team members

70% Community Incentives

Release Schedule:

ESX token is a community driven token, so the most of the token is allocated to the community, which will gradually release into the market over a period of time.

10% of the total tokens supply will be issued during the IDO and will be fully unlocked and 3% will be used for initial liquidity and it’s fully unlocked, while 7% will be used for marketing and will be vested linearly for 1 year. 10% will be team’s allocation, locked for 1 year and vested for 1 year. 70% of the total supply will be used for community incentives which will cover the rewards for farming for those providing liquidity and rewards for token holders whenever Elon Musk releases new technology updates or any new innovative technology our DAO voted for us to support, it will be vested linearly for 5 years.

Roadmap

Conceptualization of the Idea

Team Establishment

ElonSpaceX Paper

Official website online

Launch of Telegram & Twitter

Rollout timelines

Marketing Activities

IDO

Exchange listing

Locked liquidity on Dex for 1 year

CoinMarketCap & CoinGecko listing

Launch of Liquidity mining program

Implement a DAO governance Platform

Expanding partnership and collaborating with other projects

Launch of our charity donation treasury

Supporting other technology innovative

Creating a cross-chain swap platform

Going to space with our boss Elon Musk

ElonSpaceX is a community driven project, so feel free to jump in and suggest the features you'll like to see!

IMPORTANT TIPS

Cryptocurrency investments are always risky. We advise all our members to read every details carefully. The information contained in this website and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. The information contained on this website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

All investors are advised to read and accept our Terms and Conditions and our Policy and abide by it. Investors are advised to respect their country laws and abide by them.

ElonSpaceX.xyz is our only and official website, any other website posing to be from the ElonSpaceX team is false and should be reported. Please bookmark www.ElonSpaceX.xyz on your browser to avoid falling for phishing scam sites.

We have done our best to ensure that we have provided accurate information on our website, also the resources available for download are accurate and provide valuable information. However, nothing available in or through this website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. We strongly advise that you seek advice from a professional.

THANK YOU

We the ElonSpaceX team appreciate your interest