XLS Price Prediction and Price Movement
XLS has been down 0.39 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that XLS's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if XLS is backed by a solid development team and whether XLS's technology has any potential to grow.
Please note that this analysis is purely base on XLS's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
ELIS Price Chart
What is ELIS Technologies? ELIS Technologies Ltd (“ELIS”) is an Ireland-based robotics and AI enterprise that develops drones and systems which integrate proprietary 3D GPS eMapping technology.
We are betting heavily on the mutual synergies between DeFi and GreenTech which could result in a positive feedback loop for both.
ELIS has its own R&D and production facilities, where they produce drones which can automatically check and monitor the integrity of geomembranes in real time. Real-time measurement, important for immediate detection of geomembrane damage, makes it possible to address issues before any serious environmental damage occurs.
When did ELIS launch? October 18th, 2018.
What is ELIS Token? ELIS Token (“XLS) is a cross-chain utility token that serves as the fuel for the entire ELIS Hardware-as-a-Service ecosystem, and is redeemable for all services offered by ELIS Technologies Ltd.
Read more: https://cointelegraph.com/press-releases/elis-technologies-launches-market-for-robotics
What chain is ELIS located on? $XLS tokens operate as ERC-20 tokens on top of the Ethereum blockchain, with support for the Polygon, Fantom and BSC blockchains is coming in the future. Including a native cross-chain bridge solution that allows the transfer of $XLS tokens from one chain to another, while retaining its ability to be used within the ELIS ecosystem.
What is the utility of XLS? $XLS leverages blockchain technology to enforce cryptographically verifiable compliance of standards for all 3D eMapping AI, robots, drones and more. By issuing and monitoring survey certificates that are openly verifiable through a public ledger, $XLS is therefore able to provide an unprecedented level of data accuracy and retention.
The token is also used as an incentive for liquidity providers, and facilitates voting for community governance decisions that impact new product development & ELIS ecosystem.
What is the XLS token contract? Ethereum: 0x0f2D719407FdBeFF09D87557AbB7232601FD9F29
What is the supply of XLS? The current supply of $XLS is set at 200,000,000, but can be changed in the future by community discussion and a subsequent governance vote.
Is the code audited? The ELIS smart contract code has been audited by an independent security firm. The contract is compliant with best practices and has passed according to strict audit methodology standards.