Details

Last Funding Type

Seed

Last Funding Money Raised

$2.50M

Industries

Blockchain,Cryptocurrency,FinTech

Founded date

Jan 1, 2018

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

Element Zero Network

Also Known As

Element Zero

Element Zero is a not-for-profit next generation payment network based on an algorithmic stablecoin creation platform. Element Zero enables businesses, organizations and even governments to create their own stablecoin--free of charge--based on a new stability methodology that completely eliminates the possibility for any volatility in the first place.

Element Zero stablecoins deliver a new payment solution built for tomorrow’s digital world strengthening customer and community relationships while protecting both the consumer and merchant from some of the most challenging scenarios that are insufficiently addressed by payment systems available today.

Element Zero provides a truly decentralized and stable coin that is designed with the hope of making the world better for all by protecting against long-term inflation and eliminating the possibility for any volatility in the first place. Element Zero will not distribute any profits and keep 100% of the revenue in the organization’s reserve to support the liquidity of the stablecoins. The control over Element Zero will be shared with all users in such a way that every essential decision will require agreement by consensus.