Tuesday, June 1, 2021

Key Points from the June 1st Q&A, “The calm before the storm”, with Alex and Brian.

Watch: https://www.twitch.tv/videos/1042754081?t=00h07m42s

June 7th: https://www.twitch.tv/videos/1042754081?t=00h28m08s

Roadmap: https://twitter.com/elongateog/status/139505387881983180

  • The next Charity Party stream will be on Tuesday, June 8th, which is World Ocean Day! They have something special planned.
  • The web development team is currently working to ensure that the new website is safe and secure before launch. The new website will be rolled out before June 4th.
  • Alex will be in Miami at the Bitcoin 2021 Conference representing Elongate, June 4th to 5th, he will be meeting with community members and doing giveaways.
  • There will be marketing all around the city of Miami during the conference.
  • There are teasers coming up for June 7th. Watch out for announcements on June 6th.
  • Hasan, Chief Technology Officer, is in talks with several exchanges. Recently he was communicating with 8 exchanges. Nothing can be announced until contracts are signed.
  • Elongate will be incorporated in Switzerland. The law firm working with Elongate is based in Switzerland and they are handling everything. Incorporation will happen in a couple weeks.
  • Official announcements regarding the Elongate cable TV segment are coming soon.
  • They have planned to recruit streamers to compete in eSports and gaming tournaments. Winners will choose a charity.
  • The leadership has big goals and Elongate is moving beyond the meme coin identity. Elongate is becoming a legitimate company and is defining what it means to be a charity coin.
  • The first NFTs will feature official Elongate content, later on, the community will be able to submit and vote on NFTs.
  • Investing in Elongate is an investment in the vision, roadmap, and the long term. Elongate is not a pump coin. The team is 100% dedicated to making their vision and roadmap a reality.
  • Social media contests are planned. Winners will receive Elongate.
  • They are considering moving future streams to YouTube Live. They are considering the community's input on this matter.
  • Elongate will not be an official 501(c)(3) charity, an official charity will be established later on in the roadmap.
  • The tokenomics disincentives whales, if someone wants to pump and dump Elongate they need a +20% increase in price. This is an incentive to buy and hold.
  • They aim to have a mix of large and small charities. Every charity is vetted and the leadership confirms that donations are spent in an ethical and fair manner.
  • An Elongate crypto card is a big part of their vision. This would allow holders to spend their Elongate rewards and part of their expenditure goes to charity.
  • The DeCoin listing has not been vetted and therefore cannot be endorsed by Elongate. The Elongate staff cannot confirm your funds will be secure if you trade on DeCoin.
  • They have a healthy reserve of funds in stable coins to keep Elongate alive through any bear market.
  • Positions they are looking to fill: Social Media Managers, Designers, Developers, Head of Engineering, Security Engineers, Special Events and Community Engagement. Applicants can email a resume to [info@elongate.cc](mailto:info@elongate.cc) with a resume and portfolio. Ideally, they are looking for applicants with professional experience.
  • They are still growing the volunteer team on all social platforms. If you want to get involved, join Discord and ask. (Moderators, Help/Support, Special Events, eSports/Gaming)
  • There is a possibility for internship opportunities in the future.

Join future Streams, Q&As, and Hangouts to get the full experience.

*These notes are not financial advice.


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