Element
ELMT Rank —Price chart
What is Element?
Overview
Element addresses environmental damage from mining by partnering with mining operations to create alternative revenue streams and implement sustainability practices. The project develops blockchain-based products including NFTs and interactive gaming alongside mining certification programs that promote environmental stewardship. Node owners globally, including mining operations, participate in the network and governance structure.
How it works
Element operates a native blockchain managed by a community of node owners who host node licenses. The network is governed by the Element Distributed Governance Framework Charter, which was voted on and approved by node holders. ELMT tokens are minted as digital rewards for node owners on the Element Blockchain and bridged to Ethereum as ERC-20 tokens.
Token and supply
ELMT is an ERC-20 token bridged from the native Element Blockchain to Ethereum. The token has a maximum supply of 50 billion and circulates through rewards distributed to node operators. Element United, the company behind the project, does not mint tokens, manage exchange listings, or provide liquidity—these functions remain decentralized.
Team and history
Element launched on April 21, 2023 with the first token bridge to Ethereum. The development team and headquarters are based in the United States, with business development operations in Jakarta, Indonesia.
Where to trade ELMT
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ELMT funding rates
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Contracts & chains
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On-chain routes
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