Elementium token (using the token ticker ELET) is the currency of the Elementium project and is designed to be used as a means of payment on the platform itself. The Elementium platform is created to provide the peer-to-peer computing power distribution, bringing together the people in dire need of processing power for growing and developing their own projects. Creating a space that could be used by the projects needing computing power with the people who have spare, unused processing power (which most of us in the world have, considering that right now almost all of us possess the phones and computer power could be used for that very purpose). By creating such a novel way of redistributing the computing power, the Elementium creates an opportunity for a multitude of projects to cut costs on the energy consumption and hardware dramatically. The project also has quite a noticeable Asian branch, that aims to promote the project at the Chinese market in particular.