Decentralized Crypto Index (DCI10)
We Invest in Coins, not Companies.
Cryptocurrencies are expected to grow
The Bitcoin protocol is very simple, allowing little more than moving value from one address to another.
Elythrium, built on the Ethereum blockchain, is storing value backed by the Crypto Index, is allowing owners to vote democratically and is also enabling owners to move value from one to another.
Elythrium has implemented security industry best practices for defense against Sybil attacks and bad actors in cooperation with our team of expert advisors and partners.
Ledger Nano Ss is used for the storage of all cryptocurrencies it supports. For all cryptocurrencies not supported, encrypted USB drives will be utilized. These storage devices are held in secure safe deposit boxes with back-up paper-wallets stored at separate secure locations
Any investor at any time (24/7) is willing to liquidate his position in the Index, he is free to sell all or partial amount of his Elythrium tokens in the exchanges where Elythrium is publicly listed.
Moreover, the investor is free to ask whatever price he wants for his Elythrium tokens, as the Index value is to be used as a benchmark value for Elythrium and not as a rule.
WHAT WE DO
Every Elythrium Token that you buy from the Market, represents a unit of the Decentralized Crypto Index (DCI10).
The DCI10 Index tracks the performance of the top 6 cryptocurrencies by market capitalization (CoinMarketCap) plus other 4 crypto that have been voted by the DCI10 board.
Every Elythrium Token gives the right for ONE vote in the board.
Join the DCI10 Board
Each Elythrium Token holder is a member of the board in DCI10 Index. As a member you have the right to propose ideas or rules and all the members can vote. If your idea gets a number of votes equal or higher with the number of members in the board, your idea/rule will be applied starting first Monday after the vote ended.
As a member of the board you can also propose/vote which crypto to add to the Index as well if to remove an existing crypto.
Democratic Voting System
Every idea proposed by one of the members will have an ELH Wallet assigned and all members will be able to send ELH tokens to that wallet to express their voting option.
One ELH token = 1 Vote
Each member can send more than 1 ELH as a vote and the outcome will be decided on the number of votes and not on the number of people who voted.
ELH tokens can be bought from the exchange at any time and with no restrictions.
Initial Research and Development
Developed the team and concept; determined the portfolio parameters; set wheels in motion to create a compliant legal structure.
Development of the Smart Contract
Developed innovative Elythrium smart contract to best practice specifications; developed back-end for multi-exchange trading.
Finalize Smart Contract and Trading Protocol
Complete smart contract to audit ready state. Consultation with industry expert advisors.
Test Trading System; Security Audit
Security audit and code review process. Trading system tested and completed
Public Launch on Crypto Exchange portals
Token available for purchase on MyBitexBank Exchange!
Initial Top 6 Coin Acquisition
Initial coin holdings acquired; final information sheets and reporting structures released to retail investors.
Preparing Marketing Campaigns and signing partnerships
Elythrium Public Sale Starts
Investors will finally be able to purchase Elythrium Token from our partners (crypto exchange portals)
First Democratic Voting takes place
Will take place first voting for the 4 crypto currencies to be added in the DCI10 Index to complete it.