Elysian Token Review: Building E-commerce Websites on the Blockchain Technology

in #ico6 years ago

Since the introduction of cryptocurrency, it has witnessed a tremendous increase in its acceptance. Today it is gradually becoming a household name, but the question remains if truly it’s a currency, how can it be exchanged for goods and services? This is the question the entire crypto world have to answer because currently, most cryptocurrencies are only good for trading in exchanges. The fact remains, cryptocurrencies have not been widely accepted as a medium of exchange.

Before now nothing had been done about this problem, the crypto enthusiast is faced with an uphill task of converting their crypto to fiat before they can make financial transactions. The good news is Elysian is providing a perfect solution that would enable crypto enthusiast the liberty of spending their cryptocurrency, the idea behind this project is to create an e-commerce community that accepts cryptocurrency. This, in turn, would improve the liquidity of the crypto market. As it stands, cryptocurrency has failed to achieve its original purpose of creating a decentralized, right Peer-To-Peer monetary system.

The e-commerce industry is a multi-billion dollar retail trading industry, over the past decade it has witnessed a steady growth, it has some more potentials yet unharnessed, that's why Elysian want to take advantage of Blockchain technology to create a revolution in the e-commerce industry.
The Elysian project is a decentralized e-commerce platform to create a website using Blockchain; this guarantees top-notch security as well as fantastic user experience. This improves the safety of customer’s data, and it will make use of more advanced and efficient technologies such as Artificial Intelligence (AI) and Virtual Reality (VR).
What we do is to connect e-commerce websites (those built on our platform) with their prospective customers, we serve as a bridge between e-commerce website and their targeted consumers.

Elysian makes use of Ethereum Blockchain to help
• Improve the security of customers data (with the help of smart contract integration)
• Improve e-commerce transaction
• And give e-commerce user experience.
Elysian is not just set to create a revolution but will also serve as a foundation for the development of the e-commerce future.

The Use of Tokens
The Elysian project will make use of its in-house token called ELYCOIN (ELY) to power the platform. It will be the primary currency used in the ecosystem for transactions. ELY uses the ERC20 format to ensure its transparency. Thanks to Blockchain technology, purchases made with ELY would be completely decentralized, autonomous and free from manipulation.

ecommerce-platform-competitive-landscape.png

The Elysian project is going to host ICO; this is meant to give Elysian enthusiast the opportunity to invest in the project.

ICO Details
• Token: ELYCOIN (ELY)
• pre ICO price: 1ELY = 0.06 USD
• ICO price: 1 ELY = 0.12 USD
• Bonus and bounty: Available
• MVP/Prototype: Available
• Platform: Ethereum
• Currency: ETH
• Soft cap: 3,000,000 USD
• Hard cap: 19,000,000 USD
• Country of origin: Belize
• Restricted Countries: USA, China, Canada, Iran, North Korea

The team behind the Elysian project is made up of experts in both the e-commerce industry and the cryptocurrency market; this would enable a successful linkage of the two industries, this would give birth to new e-commerce experience as well as improve the crypto market liquidity. Make a good buying decision by buying your tokens today.

For information about Elysian , you cancheck the links below :
Website : https://elycoin.io/
Whitepaper : https://elycoin.io/whitepaper
Facebook : https://www.facebook.com/ElysianxELY
Twitter : https://twitter.com/Elysian_ELY
LinkedIn : https://www.linkedin.com/company/elysian-ely
Telegram : https://t.me/elysian_ely
Reddit : https://www.reddit.com/r/elysian_ely
ANN Thread : https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1168937

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Hey @olamidey, great post. Very well researched and nicely executed. Elysian sounds like it could revolutionize the e-commerce industry. Have upvoted and commented :)

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