ELYSIAN - ALL YOU NEED TO KNOW ABOUT THE PROJECT

Good day everyone,

this is a project Review about ELYSIAN  

NOTE: this review is as a result of researches i made about the project.

When ever I'm analysing a blockchain project that will be a successful one, there are certain factors i do look out for:

1. The project and the use case

2. The team behind the project

3. The token specification and sale structures
4. The Roadmap

NOW, let's look at ELYSIAN  in the aforementioned categories.

1. THE PROJECT AND THE USE CASE

Blockchain technology has a large potential to transform business operating models in the long term. Blockchain distributed ledger technology is more a foundational technology—with the potential to create new foundations for global economic and social systems—than a disruptive technology, which typically "attack a traditional business model with a lower-cost solution and overtake incumbent firms quickly, as well as be used to create a permanent, public, transparent ledger system for compiling data on sales, storing rights data by authenticating copyright registration.

E-commerce has revolutionised the traditional method people used to exchange things. E-commerce has mobilised everything online and offer speed and convenience to customers through online shopping. People can easily shop for just about anything while sitting on their sofa sipping soda. Unfortunately, with the advantages of convenience and ease of transaction there is the problem of insecurity.

One of the more pressing  concerns  in  the Ecommerce industry  is  the  lack  of  trustworthy cyber  security,  primarily  in  the  form  of  identity theft.  Thieves  can  use  the  information  they’ve acquired  to  fraudulently  perform  tasks  in  your name,  such  as  filing  taxes,  purchasing  items  in your  name,  and  credit  applications.  Moreover, victims  of  identity  theft  are  usually  left oblivious  to  the  situation  until  a  further  date, when they receive  some  sort  of  abnormal occurrence,  usually  in  the  form  of  a  financial consequence.   

The  primary  function  of  the  Elysian  platform  is to  revolutionize  the  entire  Ecommerce industry  by  improving  security  and  creating  a new,  unique  user  experience.  Elysian  will  be the  first  Ecommerce  platform  to  combine two  vital  aspects  that  are  necessary  for  the progression  of  the  industry  -  integrating   blockchain  to  store  all  customer  data  securely and  using  technological  advancements  such as  Artificial  Intelligence  and  Virtual  Reality  to help  differentiate  Elysian  from  competition  in terms  of  user  experience.   

The  Elysian  ecosystem  will  serve  as  the gateway  to  a  more efficient  future, powered  by the blockchain.  Continued sustainable  growth  is  only  achievable  if  the current  status  quo  improves.  The  current industry  standard  for  security  and  user experience  will  slowly  become  obsolete. This  process  has  already  started. Consumers  and  businesses  will  adapt  to the  advancements  of  technology  to  the point  that  the  antiquated  technology  that currently  allows  the  industry  to  thrive  will practically  become  extinct. Elysian  is  positioned  perfectly  to  be  one  of the  very  first  in  the  market  at  the  ground floor  of  the  oncoming  technological revolution.  First  mover’s  advantage  plays  a crucial  role  in  the  success  for  any  business in  any  market.  The  ability  to  set  the  industry standard  for  a  certain  service  allows companies  to  reach  out  to  a  large population  and  gain  a  significant competitive  edge.

2. NOW LET'S LOOK AT THE TEAM BEHIND THE PROJECT.

It is known that the success of any project depends on the team behind it, the ELYSIAN  team is made up of professionals with vast experience in fintech, IT development, marketing and communication, software development, and business development who has proven themselves to be transparent and take the success of the project as there major priorities.

The Team is lead by :

LEO AMERI - CEO and FOUNDER

JESSE BRANDENFURG - CFO

LOAN  TEGAN - 

LEVON TIKOYAN  - CTO.  

Other Members of the team are in the image below. 

3. THE TOKEN SPECIFICATION AND SALE STRUCTURE.

The Ethereum network allows for the creation of ERC20 tokens to operate as replacements for other intermediaries. In the Elysian system, ELYCOIN (ELY) will be the fuel that powers the Elysian platform. The token will be an integral of the ecosystem as the preferred method of transaction. 

TOKEN SALE: 4 JUN – 8 JUL

Ticker: ELY

Token type: ERC20

ICO Token Price: 1 ELY = 0.12 USD

Fundraising Goal: 19,000,000 USD

Sold on pre-sale: 1,600,000 USD

Total Tokens: 1,000,000,000

Available for Token Sale: 23%

Whitelist: YES 

KYC: YES 

Сan't participate: CANADA, CHINA, IRAN, NORTH KOREA, USA

Bonus for the First: UP TO 50%

Token Issue: ONE WEEK AFTER THE TGE.

Accepts: ETH

4. THE PROJECT ROADMAP

ELYSIAN has a well laid Down timeline to help carry Out  all the project development.

Q2 2017: The Elysian concept is born

Q3 2017 - Q2 2018: The Elysian concept and prototypes are in development.

Q2 2018: The Elysian Private Event begins, followed shortly thereafter by the public TGE.

Q2 2018: Public token sale begins. 

Q3 2018: Team expansion and launch of the official Desktop Wallet (Windows, Linux & Mac).

Q4 2018: Launch of the official Mobile Wallet (iOS & Android).

Q1 2019: Private blockchain implementation for data storage.

Q2 2019: Launch of the official Elysian Merch Program.

Q3 2019: Launch of the official Elysian Platform (mainnet).

Q4 2019: Atomic Swap integration into the Elysian Ecommerce platform.

Q1 2020: Expand the range of altcoins accepted on the Elysian platform.

Q2 / Q3 2020: Opening of a Strategic Office in Europe and Asia.

Q4 2020: AI integration into the Elysian Ecommerce platform.

Q3 2021: VR integration into the Elysian Ecommerce platform.

2024: 1% of the global Ecommerce websites start using the Elysian platform

FOR MORE INFORMATION, VISITS THE OFFICIAL LINKS:

Website : https://ELYSIAN.IO/

Light Paper : https://elycoin.io/lightpaper/english

Facebook : https://www.facebook.com/ElysianxELY/

Telegram : https://t.me/elysian_ely

Twitter : https://twitter.com/Elysian_ELY