Elonium Coin (ELNC) is a BEP-20 based cryptocurrency built on the Elonium project. As the whitepaper mentions, Elonium is a Dutch start-up seeking to enhance construction standards on a global scale. The construction world is constantly evolving. Lack of relevant educational information, outdated techniques, miscommunication among the workers due to language barriers, expensive insurance, and low pensions are prevailing problems in the construction space. Elonium wishes to resolve these problems and improve efficiency and safety norms in the construction space. 

Elonium has the vision to integrate cryptocurrency into construction. Security stands out as a primary concern in running crypto-powered projects. Elonium intends to improve the security of projects while encouraging users to layout funds in legitimate projects only. To ensure maximum authenticity of projects, the ELNC token smart contracts are audited by Techrate. The Techrate company is an engineering and analytical agency specializing in conducting audits and providing blockchain solutions. Elonium wishes to acquire a CertiK audit to build more trust within the community. CertiK is an eminent firm practicing security audits for crypto wallets, DApps, blockchain protocol, and smart contracts. Also, the company envisions prioritizing transparency in running the project and building trust among users. 

The start-up employs Elonium Coin or ELNC as a primary digital currency supporting the project. ELNC is a BEP-20 token, functioning on the Binance Smart Chain (BSC), which plays a crucial role in funding the project. The platform also encourages users to fund the ELNC tokens into the project's liquidity pool. However, the liquidity pool is locked away for three years to rule out the risks of rug-pull and increasing the security of the project. Rug-pull is a crypto scam wherein the developers abandon the project and pull out the funds entirely. While 5% of every transaction is reserved to improve the project's liquidity, 60% of the transaction is burned. Coin burning implies removing the crypto coins from circulation and transferring them into unknown wallets. 

ELNC allows token holders to participate in the community polls and make decisions in project-related matters. Elonium reserves 2% of the transaction as reflections, rewarding users for staking and holding the ELNC tokens. The platform aims to launch a marketplace, allowing users to purchase merchandise and project-related apparel by trading the ELNC tokens. 

Sander Struive is the CEO of Elonium. Struive is a former experienced worker and supervisor in the construction field. The total supply of Elonium Coin is 1 trillion ELNC.