Astro Elon (ELONONE) is a decentralized and community-driven meme token based on the astronauts’ theme. Meme tokens are cryptocurrencies inspired by memes or jokes on the internet. The project claims to be wholly owned and managed by its community. Astro Elon has team volunteers who are called ‘Cadets.’ These Cadets are consistently engaged with the community and are taking feedback and discussing new ideas to help improve the platform.
Astro Elon claims to be a safe project with a hundred-year liquidity lock and verified smart contracts. The smart contracts of the project are audited by Solidity Finance. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
The company also believes in creating an impact by giving back to the community. The project takes part in several centric giveaway competitions and has donated to charities like India Covid Relief Fund.
Further, Astro Elon is a meme project with utility, and the platform aims to bring value through NFTs. Astro Zero is the NFTs marketplace created to empower creators and NFT enthusiasts. Astro Zero seeks to offer many unique features like zero-fee transactions, category-specific UX (user experience), reporting tools, tweet-to-NFT, etc. Only a minimal service fee of 0.7% is charged on NFT purchase and sale transactions.
Astro Elon also plans to launch a play-to-earn game as part of the ecosystem in the near future. Moreover, the team at Astro Elon understands the significance of marketing activities and is proactively spending on marketing to create brand awareness.
ELONONE is the native ERC-20 token of the platform and is hyper-deflationary in nature. Hyper-deflationary tokens reward token holders with an increased value of their holdings. An increase in demand for these tokens tends to scale the supply downward, increasing the token’s value. The token is crucial to the entire ecosystem, and users can only access the platform's premium features, including Astro Zero using ELONONE tokens.
A 2% tax is employed on each transaction on the platform. This 2% is redistributed to the token holders to hold ELONONE tokens.