EMIT is a complete solution to the limitations that exist in the current cryptocurrency field and how the emergence of EMIT will impact and change the crypto world mentioned in “The EMIT Parchment Paper”.

With the release of the EMIT wallet and cross-chain functionality in January 2021, thousands of people used the cross-chain functionality just within three days. With the DeFi’s higher demand for crypto asset diversity and Ethereum’s high Gas fees, cross-chain capabilities are becoming increasingly important in the crypto market.

While the EMIT core team is working on the technology, they are also continuously recruiting interested partners. In just over a month’s time, hundreds of Builders were recruited and formed into the Builders community. By learning about EMIT, they identified with the ideas that EMIT presented. They want to enjoy participating in the EMIT ecosystem first, and then to achieve wealth growth.

They believed hence they chose EMIT.

Following the cross-chain, EMIT has received a more critical version update. EMIT Eco’s first fungible token, “$LIGHT”, is officially released. $LIGHT is the basic element to build the EMIT world. As the first FT issued by the EMIT ecosystem, its economic mechanism has the following characteristics:

1. The total amount of $LIGHT is uncapped.

2. 1,000,000 $LIGHT is pre-mined for community airdrop.

3. The remaining $LIGHT will be mined by users, and 100,000 $LIGHT will be produced every day.

4. No pre-sales.

Note:

1. The results of the airdrop will be disclosed in blog.exit.technology.

2. $LIGHT will have some very strong utility scenes.

The airdrop is 100,000 $LIGHT, with each person getting 200 $LIGHT, add TG community https://t.me/EMITCommunity, contact Nicola, ask for details of the airdrop!

In addition, EMIT also released the cross-chain function of NFT. And based on this, EMIT ecosystem issued the first limited NFTs — “Builders Medal (01)”. These medals will be awarded to outstanding Builders.

To learn more about EMIT crypto technology, please contact:

Email: foundation@emit.technology
Telegram: https://t.me/emit_protocol
Facebook: https://www.facebook.com/EMITProtocol
Twitter: https://twitter.com/emit_protocol
Reddit: https://www.reddit.com/r/emit_protocol/

You can get more information through the following channels.

Official Site: https://emit.technology
Parchment Paper: https://doi.org/10.31219/osf.io/xr8b6
White Paper: https://doi.org/10.31219/osf.io/bymuk