Dogelon Mars

What is Dogelon Mars (ELON)?

Dogelon Mars (ELON) is a decentralized cryptocurrency, started in 2021 by an anonymous team. Compatible with the Ethereum network, ELON, pronounced “Eee-lawn,” is an ERC-20 token. It is named after a combination of the words Doge, Elon Musk, and Mars, and space exploration. 

What can you do with Dogelon Mars (ELON)?

You can use ELON to trade and stake digital currencies, as well as participate in the Ethereum network. Dogelon Mars’ ecosystem is powered by technology called smart contracts.

What is a smart contract?

A smart contract is a digital agreement written in computer code that lives on Dogelon Mars' blockchain. It automatically does something when certain conditions are met. For example, if you send me 1 ELON, the smart contract instantly sends you a digital artwork that I created. No human needs to be there to make it work; the smart contract follows the rules it was programmed with.

Why is the Ethereum network important for ELON?

The Ethereum blockchain network that the ELON token is compatible with is a huge, secure, ever-growing ledger of smart contract transactions, which everyone can see, and is immutable. Once a traditional smart contract is created, it can't be altered. These types of smart contracts will always follow the original rules that they were programmed with. Upgradable smart contracts allow for changes to be made, adapting to new requirements, or fixing bugs.

What are the most popular use cases for Dogelon Mars (ELON)?

Today, decentralized finance (DeFi) dapps are the most popular use for ELON, and holders of this token are typically community-driven, memecoin traders.