News, Technology, Telecoms

Italian giants Mario Colabufo & billionaire Gianluca Vacchi launch $ELITE, the official token of Telco Elimobile

Set out to blend the potentials of blockchain, mobile communications and social media into an integrated community experience, global Telco Elimobile showcased its roadmap for the upcoming utility token $ELITE ahead of their priority staking access in Dubai. At an exclusive event series that kicked off with the $ELITE Crypto Whales Meeting on March 4th in Dubai, a limited number of interested investors gained insights on the roadmap. At the magnificent Burj Al Arab, they had the exclusive chance to meet the team and learn more about $ELITE.

Gianluca Vacchi

The $ELITE initiative was brought to life by-Milan based entrepreneur and growth hacker, Mario Colabufo, CEO of Elimobile: the first and only telco to use blockchain technology founded by Mario Colabufo himself and by the millionaire entrepreneur Gianluca Vacchi. The $ELITE token is its official utility token based on Polygon chain with Erc20 and Binance bridges with a total supply of four point four billion. During the event of March 4th, the small group of investors has the opportunity to access the staking program in advance, which provides annual rewards equal to 20%. An exclusive privilege with a minimum entry of 1M dollars that will guarantee the Elite token solidity into its liquidity pools. The staking program will open to the public – with no minimum entry fee – by the end of March and will guarantee 20% annual interest with a subdivision of 1.66% monthly and release of the capital at the end of the staking period.

“Mobile phones, social media, and blockchain have all had an impact on our daily lives and are considered a few of the best inventions. The $ELITE token project aims to bridge past, present and future in a cohesive set of services and benefits – so Dubai with its impressive history and outstanding innovation track record is the ideal destination to share our story,” says Mario Colabufo. The team behind the project is convinced that it’s time for blockchain to become an integral part of the fundamental structure of mobile communications, and Eli Mobile is poised to realise that. Being used by Elimobile as a telco and a social platform NFT, $ELITE has also signed various collaborations and is becoming the official token of both Play to Earn and Metaverses. Ambassadors of the initiative are some of the world’s most prominent personalities, including Italian social media sensation Gianluca Vacchi , the billionaire Flavio Briatore, the soccer legend Alex Del Piero and further celebrities from the music and sports sectors, such the actor Salvatore Esposito from Gomorra who will be present – with many more ambassadors – at the event in Dubai.

Mario Colabufo

Eli Mobile will not have a retail network, no physical points of sale. Subscriptions by consumer customers will take place exclusively on the company’s website, establishing an innovative and informal approach from the very first steps of the user experience. After the prefix (0342), the user will be able to choose a VIP phone number, which will be assigned to a SIM card sent to the specified address and automatically activated by the customer via a KYC-enabled app. The 2022/2023 target is around 5 million subscribers, thanks to extremely competitive prices for voice and data packages. Great attention has been paid to customer service: a call center with national operators, minimal waiting time and no exhausting button interaction.

The strength of Eli Mobile is that it will combine a telephone operator with a community populated by national and international celebrities. The content of this community will be partly offered free of charge to all Eli Mobile subscribers and partly released for a fee in the form of NFTs.

The real revolution and sensational insight of Eli Mobile’s founders is that for the first time ever a phone company is linking its community and services to a cryptocurrency. Eli Mobile’s aim and mission is to create a true economic system that combines telco services with crypto, generating exchanges between users and transactions for the purchase of NFTs as well as telephone goods and services, increasing the value and providing stability to the company’s token.

About $ELITE: $ELITE is the ultimate blend of telco and blockchain technology. By building a completely immersive environment that combines telecom (Eli Mobile), influencers, NFT world, and play to earn games, it reflects the history, present, and future of three of the most fundamental innovations.

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