Hi Raoul, thank you for joining us for this short interview.
As CEO and Co-Founder of Elitium: Can you tell us a bit about your background in the industry? What drives your passion for luxury goods on blockchains?
The story goes back somewhat! My background in the industry really started during my time with luxury yacht charter platform, Boatsters. Back in 2017, we tabled the idea to bring a blockchain payments solution to our digital superyacht rental service. I worked with industry specialist — and Elitium Co-founder — JP to implement a P2P wallet that let clients rent a yacht with any of 55 digital currencies. Our clients loved the product, and so we started to explore other ways we could bring blockchain efficiencies to the luxury sector. It’s an industry that’s crying out for innovation: there’s lots of paperwork and admin involved in things like yacht rentals, private jet charters — not to mention struggles in processing and securing high-volume transactions. The more thought we gave it, the bigger the opportunity became. And having worked in the luxury sector for most of my life, the opportunity to step forward and enhance it from the ground up using new technologies was too good to miss!
How is Elitium disrupting the industry? What problem is it solving?
There are several use cases addressed by Elitium. Our first focus was streamlining yacht rentals, private jet charters, experiences like these — processes that require lots of manual effort but that you could automate through configuring custom smart contracts. We’ve since evolved the proposition into a global marketplace for luxury goods and services: a smartphone app that will connect users and brands across the globe, putting every luxury product or service just a screen tap away, all made possible by our native digital currency. Truth be told, these use cases are just the tip of the iceberg. We’re currently working on an even bigger vision that could involve luxury assets — but we’ll save that announcement for a future chat!
Staking is one of the most interesting ways to earn for participating in a project. You recently launched staking on the Elitium platform.
What possibilities does your staking program offer people?
Staking is the perfect way to reward users for supporting a platform before your main product launch. Our staking program offers users 6.5% rewards — simply for staking the Elitium Network — for as long as participants hold coins in their staking wallet. In essence, it allows people to build a balance of a groundbreaking crypto, while we toil away in the background towards a host of exciting announcements.
Where should our readers go to start staking?
Head straight to the Elitium Dashboard! Users just need to sign up, we’ll process KYC within a few hours, buy EUM at a partner exchange — https://crypto-bridge.org is a great one — then use the dashboard to start staking. Or if you’re just looking to trade EUM, you can swap up to 60 different cryptos into EUM via the dashboard as well.
Thanks for joining us for this interview Raoul! Click here to view a full in-depth Q&A on Elitium’s Youtube Channel.
We published a detailed article about Elitium last month, which our readers can download here which includes a free article of the magazine’s newest content collaboration— is there anything else you’d like to mention while you’re here, Raoul?
Just that there’s a lot planned in the very near future for Elitium. We have exciting innovations lined up, the launch of our luxury lifestyle app, members events, and more — if your readers want to stay up-to-date and be first in the know, then we invite everyone to join our Telegram channel.