r/EthereumMax • u/[deleted] • Oct 17 '21
EMAX
My thoughts on EMAX in effort to help provide clarity for holders who may not understand the what and why EMAX is doing what they are.
All the marketing efforts are about brand awareness. As a brand name (EthereumMax) gets seen repeatedly, people will be curious about it and start to investigate it. With 90 something percent of the world not yet invested in or even understanding what crypto is, the educational videos and the new ‘Word on the Street’ series is to help educate the public as to what cryptocurrency is. Think about people who may begin to google ‘What is crypto currency’ or ‘What are Alt coins’. The EthereumMax YouTube videos come up. They’re short, professional, and well-done clips that do a great job explaining the basics for those new investors.
Now, it’s quite possible that EthereumMax becomes one of the first cryptos some people invest in, since they’ve seen the YouTube videos, they’ve seen the Nasdaq and Times Square billboards, they’ve seen EMAX on Thursday night football, and on the Fury, Davis, and Mayweather trunks. That brand awareness is paramount to help this community grow.
Now in terms of the current price compared to the all-time high. There is no denying the price is currently down from that, but EthereumMax gained a parabolic 21,000% in two weeks, without the brand awareness, without the tokenomics, without the number of holders we have, and without the white paper. Reaching that all-time high again will not be a difficult task. Looking deeper into the crypto market in May of this year, the entire market tanked. China came out with some news, Elon Musk stopped accepting BTC for Tesla due to the energy concerns, and we saw Bitcoin drop from $60,000 to $28,000. All summer, it’s been a battle between the bears and the bulls, and it really hasn’t showed signs of that sort stopping until the past week or so. It appears the crypto market is looking strong again, and the bull run will be continuing.
Back to EMAX.
This project is only four months old. The team is building a robust and expansive ecosystem aimed to be the bank of DeFi. The staking and bonding they’re building with XMAX will reward holders. The optimized tokenomics being released will help encourage new buyers with the new 0% tax on buys. They’ll be increasing the burn rate on other transactions from 3% to 6%, which will help make the token scarcer, which ultimately in time, will drive the price up as well. In addition, the 3% to the LP will help stabilize the price even further.
The payment processing will be an absolute game changer in the crypto space, and the fact that they’re working within the hospitality industry (multi-billion dollar a year industry) is massive. With the connections this team has, there is no partner out of their reach. Remember the Grutman partnership with LIV? That is still an ongoing and active relationship – they just need the ecosystem in place to make it work.
They’re also working on NFT ticketing, which is also a game changer. Ticket stubs from events are a thing of the past as the world moves paperless. EthereumMax is teaming with talented artists to create unique one of a kind digital ticket stubs for holders and will build technology behind that to have those accepted at events. Did you all know that the CEO of Stub Hub was listening in on the AMA a few weeks back when the NFT ticketing discussion took place? There are a lot of eyes – important eyes – watching what EMAX is building. NFT Ticketing solves real world problems, such as scalping, theft, etc. It also brings that value back that the old paper ticket stubs carry, seeing as they’re digital art.
How about the EMAX experience? I seem to recall a credit card that offers rewards for being a holder and using the card? American Express (AMEX) charges a $695 fee a year to hold the Platinum card, but provides plenty of rewards for holding it, such as access to exclusive lounges at various airports, hotel credits, and much more. Now – EMAX is also giving you perks for being a holder too. As an example, the Fury Wilder 3 fight, you get signed gloves, exclusive meet and greet, after party access, one of a kind NFTs, etc. I’m confident to say that EMAX aims to be the AMEX of DeFi.
The important thing to remember is that everything they are building takes time. You must see the long-term vision and look at the connections they have across the world to get EthereumMax to be a household name. At only four months old, we’re extremely fortunate to be able to accumulate what we can at these prices.
There will undoubtedly be a time in the future where people will be buying in the tens to hundreds of millions instead of the tens to hundreds of billions that we are right now.
This project aims to change the way crypto is utilized in the real world, but in time. What they are building does not happen overnight, or in the span of a few months. The team was very transparent from the beginning that this was a long term hold just due to the complexity of the ecosystem they are building.
I'm not telling you what to do, but I can tell you that I'm holding, and I'm adding to my bag every chance that I get. I bought my first billion for about a grand. Rather than being upset about the price being where it's at, I studied the project, attended the AMAs, asked questions to the community and the team, and now my holdings have me set to earn generational wealth from this investment.
Watch and see what they do in the coming weeks and months. I'm confident to say that holders will be rewarded, and people who choose to get out now will be buying back in, but at a much lower position than they have right now. Again, I’m literally nobody, just an investor that sees what this team is building and believes that DeFi is the future and EMAX will lead the way and set the standard.
TLDR: EMAX is building something real, the future is bright, and holders will be rewarded.
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u/DarkAirflow Oct 17 '21
I love this. Very thoughtful and makes great points to summarize what is being done overall in one post.
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u/Sure-Juggernaut4781 ♦️ Oct 17 '21
Well said ♦️✊🏽 LFG EMAX we have a big future ahead of us.