Every cryptocurrency has a community, and while unique to its specific mission, each project has its individual qualities. For example, unlike most other projects, Electra Protocol did not conduct a public fund offering. Additionally, the founding team was not rewarded for their involvement, whereas most other blockchain projects compensate their founders with complimentary coin stakes.
One of Electra Protocol’s impressive attributes is the fact that a team of volunteers carries out the project. Contributors are not getting paid for their work, for example through the community premine. Since Electra Protocol is designed to be an open platform, anyone can join and help create the best crypto project possible, in order to become credibly neutral public infrastructure.
The upcoming solutions built on the technology of Electra Protocol aim to make payments programmable, more affordable, and ultrafast at the same time. Current blockchains often have conceptual, economic, and technological shortcomings, which Electra Protocol wants to solve in 2023 and beyond.