Introduction

The crypto ecosystem has expanded to the degree of potentially taking over conventional financial markets. And with the development of new technologies, no one can imagine where the market will be in the coming years. The problem associated with payment after services or goods have been delivered continues to be a major issue to wholesalers, traders and retailers. But here comes a platform where all of that glitch is overcome finally. ACYLD is breaking into frontiers that seem unreachable in virtual ecosystem before.

The Existing Challenge

As it stands, the crypto market and industry is plagued with costly and hard-to-bear processing in transactions, with payment taking unnecessary long delays and sluggish inventory management. The consequence of that on overall trading is that the industry will have to be its own police, without necessarily having to rely on government regulations. However, a search for better alternative ways and methods that will guarantee security and transparency, is the industry’s priority with a view to stemming the tide of this important hindrance. In that sense, the industry can move in leaps and bounds from restricted supply into home delivery. The benefit that has capacity of bringing on board is a double-digit growth.

What is ACYLD Vision

The sole aim of ACYLD is to serve as a platform for alcohol industry, providing a sort of frictionless payment processing and smart contracting system. There are five-point goals which are: to raise trust, to increase accountability, to reduce costs, to cut transaction times, and to allow for greater distribution of wealth among traders. The ACLYD Project operates outside of any private entity, and if any such entity associated with the project should stop doing business, ACLYD would continue to go on.

What’s New About ACLYD Project

ACLYD is a decentralized blockchain-based identity verification, security system, and payment-processing platform that was initially designed to provide services only for the 26 billion market of wholesale alcoholic beverages. The platform set to serve as a drinking partner for its numerous users, with all transactions beginning from the project Wallet.
The wallet has special significant features including easy-to-interact-with set-up; payment method friendly; automated token purchase that occurs within the purchasing chain; instant token payment receipt by retailers; and very strong sales tracking and inventory management system. ACLYD has powerful partnership with Fuego Fino, Inc, a fully licensed US-based firm dealing in import and wholesaler markets. One important and key role of the wallet is to ensure that individuals below the appropriate age group are restricted from getting involved in transactions. It will allow delivering parties to check that the wallet holder is the receiver of goods.
The team focuses on an integrated wallet that is KYC designed. On this platform, minors are not eligible to buy alcohols. Buyers will use acceptable system by delivery apps to make payments in ERC20 ACLYD tokens with wholesalers, importers, and retailers offered trading opportunities to convert these tokens into digital currency like ETH or into fiat currency. The initial focus of the tem is to conquer tequila market first before expanding to other markets.

With its unparalleled decentralized mechanism, Aclyd increases the momentum of payment processing for all those who take part in the market, be it farmers, producers, importers, wholesalers, merchants, and end consumers. This applies to all those who are currently experiencing issues with their payment lag times of up to 90 days.
The system also allows independent farmers and producers the opportunities and ability to use their mobile devices to establish smart contracts for the potential product delivery, while equally empowering them with sufficient and prompt pricing information so as to make informed decision that will guide their planting. Similarly, the system ensures transparency in pricing and helps in managing supply chain among competitors.

The ACLYD Token

ACLYD Token is the special currency that marketplace participants transact with and this is used by all users scattered across the globe. The essence of that uniform token is to help speed up transaction processing among different participants, while increase efficiency, and lowering payment processing costs. In the same vein, usage of ACLYD tokens gives room for seamless processing in transactions, in sending and receiving orders, as well as increasing international transactional speed. In that wise, too, the Token allows users to the opened to eye-brow environment in the global marketplace with the transparency of the system blockchain. The utility toke, ACLYD Token, is value at 0.07, accepts the currency triad of ETH, BTC, LTC. The project tokenomics is designed in a pretty straightforward manner that is based on usage of tokens for various systems in the alcohol manufacturing and supply chain. The availability of raised soft cap on the platform gives it the required funds.

Token Details

Token - ERC20
Sector - Wholesale/Retail
Platform - Ethereum
Soft cap - 500,000 USD
Total Supply - 750,000,000
Hard cap - 10,202,500 USD
Whitelist/KYC - KYC
Registered Country - Bermuda
Restricted areas - USA, China
Start Date - Sep 7, 2018
End Date - Oct 9, 2018

For More Information On Aclyd Project;

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GitHub
Whitepaper

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