What is Etherium Lyte?
There were many individuals in the crypto community that supported a project called Etherium Lite.
Unfortunately it was a scam and this is where Etherium Lyte comes into play. A team has decided to take over the old Elite coin which has let so many people down and it is now known as Elyte.
You can find some more information here:
https://bitcointalk.org/index.php?topic=2376458.0
Why support the new coin?
Aside from receiving some free coins by sharing the information relating to the new Elyte coin there are many other benefits relating to the coin and the people behind it.
Anyone that has the old Elite coins will receive the exact same amount in Elyte coins. That in itself shows how community orientated the team behind Elyte is.
There are ONLY 1 million coins in circulation. Only 1 million!!
The purpose of the coin will be for merchant transactions and since it's based on Etherium the transactions will be safe, cheap and fast.
So come along Steemians and support the takeover project as well as a fellow Steemian and the CEO of Elyte, .
You can find his original post here: