No!!! Of all the names in the world why this. "Hey bro, let's chat on Element" ,not quite a ring to it. The hardest problem in computer science strikes again! Matrix,Riot and Libolm are epic projects, I wish them all the success but man, even Riot was a hard sell as a brand. I would seriously be dissapointed if it loses popularity over this. I don't think the project maintainers understand that their core users/fans…
I think "let's chat on Element" has an awesome ring to it, personally :D
Joke: I think I'm starting to see the hacker news version of the gell-mann amnesia effect, when you read something you have no opinion of, the hacker news people sound so smart, but when you read something, form your own opinion first, and then arrive at the HN comments to see everyone melting down, you wonder "where did all the smart people go?" 5 minutes later, you are back to being part of the concern mob. :)