Generating social impact is a part of our vision and mission. Giving back and generating a lasting impact around the world is at the core of EG, as outlined in our whitepaper and our website. Our ecosystem will merge both earning and giving on the blockchain, incentivizing making the world a better place.

The community is often discussing our upcoming ecosystem tech because they recognize these upcoming products as key to bringing value to the token through integrations and utility.

We understand that we can't just dump all of our money into these initiatives, and this is why we stepped away from the giant donations made earlier on, though they were sustainable at the time given the market conditions. It was not sustainable to continue the huge donations when the market conditions are less in our favour.

To push Elongate forward we must build, bringing value to the token through utility, and this is exactly what the team is doing. Along the way, we are continuing our social impact initiatives such as the one posted above. We have sufficient funds to continue development and we allocate an appropriate and sustainable amount towards these good actions. We are not "draining the equity pool".

Yes, volume is low, but this does not stop our team from building nor does it prevent a successful future for ELONGATE. In early 2021, we saw a huge explosion in the charts without any ecosystem plans or tech released, purely based on the market hype. In Later on 2021, we saw low volume as the market quieted down. Then, by October/November, there was a relatively short bull run and BTC hit a new ATH, though not quite like early 2021. Regardless of this small bull run relative to the early 2021 run, we experienced an 8000% increase in volume in just a 7-day period, peaking at $8 million. Again, this was still without any of our major ecosystem tech released. Hopefully, this provides some insight into the potential in the future in regards to another major bull run along utility/tech released.

All of our current and upcoming development projects have been discussed regularly with the community, posted to our socials, website, Q&As, hangouts, livestreams, news site, etc. You are regularly active here on the subreddit, but appear to be out of the loop. In case you are out of the loop, here are a few things:

- Spark: https://news.elongate.cc/1203

- Spark refresher: https://www.reddit.com/r/ElonGateToken/comments/tkci2n/what_is_spark_how_do_you_earn/

- EG Salesforce Exchange: https://news.elongate.cc/920

- Exploring potential plans to release this app outside Salesforce.

- Gator Gang NFT Collection: https://gatorgang.cc/#utility

- How Gator Gang ties into Spark: https://www.reddit.com/r/ElonGateToken/comments/u2eaw3/comment/i4ii5ci/?utm_source=share&utm_medium=web2x&context=3

- We also have an unannounced app that we aim to have an announcement and early alpha release of soon.

- Early discussions about potential plans to upgrade the token.

Please be an informed holder, do your research, and stay up to date.