Elliptical Galaxy is a cryptocurrency project built on blockchain with the utility of incubating new projects building on Binance Smart Chain.
The aim of Elliptical Galaxy is to support the development of innovative blockchain-based solutions and to facilitate their growth in a decentralized manner.
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Elliptical Galaxy is a cryptocurrency project built on Elliptical with the utility of incubating new projects building on Elliptical.
The aim of Elliptical Galaxy is to support the development of innovative blockchain-based solutions and to facilitate their growth in a decentralized manner.
Elliptical Galaxy offers a platform for new projects to raise funds through an initial coin offering (ICO) or an initial exchange offering (IEO).
Through Elliptical Galaxy, new projects can also benefit from a variety of resources, including technical support, marketing expertise, and access to a community of blockchain enthusiasts.
By building on Elliptical, Elliptical Galaxy enables new projects to benefit from the advantages of a fast and secure blockchain infrastructure.
Elliptical uses zero-knowledge proofs to ensure the privacy and security of transactions, while also achieving high throughput and low transaction fees.
Through its incubator program, Elliptical Galaxy aims to foster innovation in the blockchain industry by providing a supportive environment for new projects to grow and thrive.
The success of Elliptical Galaxy ultimately depends on the success of the projects it supports, and the team behind Elliptical Galaxy is committed to providing the resources and expertise needed to help these projects achieve their goals.
Here is the Process through which a creation transaction takes place in Elliptical Galaxy Launchpad :
Project will be deployed on the #Binance network and is aimed at new projects built on the Binance network. It is an initiative aimed at facilitating the creation and deployment of new projects based on Binance technology.
Creating crowdfunding on Elliptical Galaxy Launchpad. The funds are elevated by releasing IDO tokens. The IDO tokens constitute any assets that would have a fixed price in terms of crypto.
After the IDO contract is created, both parties verify the transaction by providing their digital signatures. This step ensures that both parties have agreed to the terms of the contract and are committed to the transaction. The digital signatures provide cryptographic proof of the parties’ consent and prevent tampering or unauthorized modifications to the contract.
Once the conditions specified in the IDO finished or canceles, the smart contract automatically releases the funds to the appropriate party. These conditions can include confirmation of delivery, verification of service completion, or any other predetermined requirements.
Furthermore, Elliptical Galaxy Launchpad allows for the use of the Binance ecosystem, which is fully compatible with Ethereum and provides security and transaction speed.
This means that project creators do not have to worry about scalability and delays associated with the Ethereum network, allowing them to focus on development and bringing their product to market.
The following use cases makes Elliptical Galaxy more beneficial for the society to use.
The Elliptical Galaxy Token (ELLIP) is the native utility token of the Binance Smart Chain platform. It serves several purposes within the ecosystem, providing various benefits to token holders.