ELOOP, one of European Super Angel Club’s esteemed portfolio companies, announces the launch of the ELOOP Network. This cutting-edge platform empowers companies to tokenize their machine RWAs (real world assets) and offer them in fractions. This is undoubtedly ushering in a new era of customer loyalty, user experience, and sustainable growth.
Tokenizing Real World Assets
Whether it’s a fleet of shared vehicles, wind turbines, or any existing infrastructure from the web3 space. The ELOOP Network allows any company with smart machine assets to benefit from the platform. Above all, the process involves converting physical assets into digital tokens. Consequently, it is allowing these assets to be offered in fractions to a broader audience.
Unlocking Funding Opportunities
One of the most exciting features of the ELOOP Network is its ability to help companies secure funding without relinquishing equity or relying on traditional banking channels. Furthermore, by tokenizing assets, companies can attract investors who become token holders. Following that, they are receiving a share of the generated revenues proportionate to the performance of the real-world assets.
ELOOP Coin: The Connective Tissue of the Network
At the heart of the ELOOP Network is the ELOOP Coin, a utility token deeply embedded in real-world use cases. As an ERC20 token, it maximizes compatibility and facilitates adoption by third parties. As a matter of fact, the ELOOP Coin serves as the connective tissue between all ecosystem stakeholders. This is providing a seamless means for both payment and reward purposes.
Advantages for Shared Mobility Providers
For shared mobility providers like car, scooter, bicycle sharing, or ride-hailing services, the ELOOP Network sets new customer loyalty standards. By tokenizing their vehicles, these providers can offer customers the opportunity to own fractions of the assets they use. Moreover, this is creating a deeper connection between users and the services they rely on daily.
In the initial half of 2024, the ELOOP Network platform is set to undergo expansion, welcoming new businesses from around the world. The groundwork for this expansion has been laid throughout 2023 through strategic acquisitions. During this period, the primary focus will remain on the ELOOP car sharing fleet, symbolized by the ELOOP ONE Token, to solidify the platform’s initial use case.
With the launch of the ELOOP Network, ELOOP has not only revolutionized the shared mobility industry but has also paved the way for companies across various sectors to unlock the value of their real-world assets. This innovative platform offers a win-win solution, allowing companies to secure funding, engage customers on a new level, and embrace the transformative power of blockchain technology. As ELOOP continues to lead the way in reshaping the shared mobility landscape, the ELOOP Network stands as a testament to the endless possibilities that arise when cutting-edge technology meets forward-thinking solutions. The European Super Angels Club looks forward to witnessing the positive impact of this launch on the shared mobility sector and beyond.