Elementeum

Dr. Doom 216

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Dr. Doom posted on June 12, 2019 20:20:22

Game developers with a physical address that have created a specific Ethereum based Collectable Cards game, with an in-game currency Elementeum. There seem to be claims that they didn't raise any money to fund this project and are just offering their game items/currency for sale, however the whitepaper (not published on their official media, I had to Google to find it) clearly describes a pre sale offering. If indeed they deliver a functioning game (it appears not to be released yet: items store is empty apart from 2 items and the app that they provide a link for to the Playstore, doesn't lead to the app, which is not published), there seems nothing inherently wrong. However, I keep some reservations with regards to the token as long as the product has not fully launched yet. I am anywhere between lean legit and neutral upon reviewing this project but have to choose so I chose the more conservative rating.

***UPDATE***
There is now an app indeed available in the app store and there seem to be indications that they are self funded. So until proven otherwise (with regards to token sale investors refunds), I will give this project a little more benefit of the doubt.

DonnieFi 2

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DonnieFi posted on June 11, 2019 21:08:54

Been watching this group for some time. Great use case with TCG and backing with crypto assets. The gaming space is heating up and these guys are actually ahead of schedule.

JanEmil 6

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JanEmil posted on June 11, 2019 12:34:27

Have been following etherlegends.com for more than 1 year. Even in tough times I stayed around because they are good and honest people. They have a very exciting game universe that is very close being realized.
Startup is self-funded with their own money and hard work.