Doracakeswap recently entered into a partnership with ElvenLand aimed at increasing the adoption of their tokens. Doracakeswap has an internal token called Doracake which is built on the Binance Smart Contract.
On the other hand, ElvenLand has its own token called Elven coin, developed on Tron blockchain. The Elven coin is currently trading on justswap paired with TRX. On the other side, Doracakeswap is listed on Panecakeswap.
What’s in common between the two?
These crypto projects have much in common. For example, both are looking forward to establishing their decentralized exchanges. ElvenLand has a name for the exchange. It shall be called Vendisto.
In preparation for the launch of the exchange which should come anytime in the first quarter of 2022, ElvenLand is running an informal trading marketplace of telegram, by the name Vendisto.
Visit Vendisto now.
In the Vendisto marketplace, people trade Elven coin against its subsidiary tokens which include Cryst, Klubo, Elven10 and Lerta. The daily rates are announced at different times around the day.
More interestingly, people can swap Elven coin for Doracake.
How will the two parties benefit from the partnership?
Both companies anticipate that the partnership will result in the greater adoption of both coins. They are carrying out cross promotion of their tokens. They thus anticipate in order benefiting from the network effect.
Investing opportunities
Both companies have different investment opportunities. Doracakeswap offers its users the chance to earn money from staking Doracake. On the other hand, ElvenLand offers its users the opportunity to provide liquidity to the Elven coin/TRX pair.
Possible future cooperation
When the two companies have their own exchanges, they list each other’s tokens there.
Communities
Both ElvenLand and Doracakeswap have large presence online.
Maybe
you wonder why I say Elven coin is the next big thing in the blockchain
economy. Yes, you are right. It is the next big thing existing in the
crypto economy. How big a cryptocurrency is measured depends on its
fundamentals. This article addresses a few of these fundamentals.
However,
Elven coin is the next big thing because it meets the needs of people
of diverse backgrounds and preferences. We say it is the next big thing
in comparison to Bitcoin and the other major altcoins like Ether,
Binance and TRX.
It is the
next big thing because it will rock the world economy, with its mundane
scope and deliverables. It does not really means that leaders will
always remain leaders. One time or the other, competitors will catch up.
And we are sure that Elven coin will catch up with the bigger cryptos
like BTC and ETH.
It
all boils down to its fundamentals. It’s interesting to find how Ether
is closing the gap on BTC in terms of adoption and market cap. Why is
that so? The reason is simple, Ether has far better fundamentals than
BTC. The hegemony of BTC depends on its being the “first born” of the
crypto ecosystem.
Why
would we create a coin- Elven token- to be a worthless addition to the
blockchain? No ways. The elven coin has far superior functions than most
existing cryptocurrencies. Whether, you or any other person believes
this or not is another issue and another topic for discussion.
Facts about Elven coin
The
elven coin is based on the TRON blockchain and powers several products
including an advertising platform (ElvenLand), social media platform
(poziturbo.com) and crypto investment educational platform
(levelnaut.biz)
What are the strengths of the Elven Coin Project?
The
structure of the management team gives elven coin an edge against other
projects. As you may, know the team that manages a cryptocurrency is
part of the coin’s fundamentals. Let’s discuss few more aspects of the
management philosophy and practices.
First,
the entire Elven coin project is composed of 27 tokens, including the
Elven coin itself. The other 26 tokens, all built on the TRON blockchain
supports the Elven coin thereby stabilizing its price.
Management team
There
is a central management team that coordinates the various aspects of
the ElvenLand economy. Below the central team are sub teams controlling
individual projects.
Therefore,
each of the 26 sub projects has its own management team. The managers
are promoted from the ambassador program, based on their zeal and
understanding of the entire project.
As
a result, the entire management team will be up to 60 members, making
it probably the biggest compost team running a blockchain project. This
brings diversity of ideas and functions.
Ambassador program
The
ambassador program consists of people with much crypto experience in
project management and crypto research and authorship. There is a
separate team of writers, responsible for spreading accurate information
about the project. Currently we have 20 writers, churning articles
every day.
We
use writers and community managers because they make an important
aspect of the Elven coin fundamental. We are happy to announce that we
still require a few more ambassadors to run communities where we do not
have representatives.
Community rewards
Probably
the Elven coin will go into history as the first company with a vibrant
community reward system. However, we do not give people free coins.
They have to work for them in a simple way. For example we have the
following particular tokens and their functions. All these are meant to
reward our community for their support.
AMIKO:
This is a token to reward our partners and those who promote these
partnerships. For example, writers who write about our partners will be
rewarded using this coin.
Cryst:
This a special token to reward people who help to encourage positivity
among humanity. By the way, we care about how other people live. We wish
any human being a fruitful existence.
Danko: this is a token for rewarding freelancers and promoting the freelance system.
FESTA: This is a token to promote parties and local communities.
Apart
from serving humanity we are working hard to empower people around the
world. First, we offer them various ways to earn. We also empower people
by training them to become active participants in the Gig economy. We
carry out the training program through our hands on approach.
Community managers:
We train people to be successful community managers. This is through
guiding them to understand their duties and roles as community managers.
In this evolving virtual economy community management skills are a
must.
Writer training program:
We have a comprehensive program for training budding article writers
into successful and established writers. Whereas they help us by
spreading the word about the Elven project, we make them learn skills
they will use for the rest of their lives. As such they will remain our
ardent supporters for life.
More information
You want to know more about the project, read the following:
This
article only looked on the human side of the Elven coin project. You
are welcome to join our growing teams of community managers and writers.
To do so visit the following chatrooms:
