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Saturday 30 May 2020
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Can Luxury and Blockchain Save Investors During The Covid-19 Pandemic?

Cryptocurrency54 minutes ago (May 23, 2020 02:00AM ET)

Can Luxury and Blockchain Save Investors During The Covid-19 Pandemic?

The current global pandemic is making everyone equal in their fear and confinement – wealthy and poor, famous or not. While many businesses have ceased operations in these difficult times and are waiting for better days to return, some are using the crisis as an opportunity to offer unorthodox solutions, to combat job cuts and market freefall.

Amid the total collapse of the markets, one innovative and inventive blockchain-fintech company is launching a growth program that will offer rewards in its native crypto EUM. Elitium is adding over 1 million EUMs – each worth around $1 at the moment – to the rewards pool. Rewards can be earned by writing or sharing articles on social media and LinkedIn (NYSE:LNKD), helping the company with market-making and creating various online groups, as well as onboarding partners and app users. In a time when people around the world are losing jobs at unprecedented rates, any additional earnings could provide a much needed lifeline.

Interestingly, Elitium has been consistently one of the top performers on CoinMarketCap, despite the critical situation for most coins. As analysts point out, by holding and…

This article appeared first on Cryptovest

Can Luxury and Blockchain Save Investors During The Covid-19 Pandemic?

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