From the beginning of times, trading was the engine of progress and economy. Over time, it has changed and evolved drastically, but the only thing that remained the same is its leading position in the market.
At the same time, the world commerce enriched with the new type of industry called e-commerce, which brings even more profit than the traditional one. In the previous year, e-commerce exceeded 2$ trillion in sales and is expected to surpass 4$ trillion in the next three years. These numbers sound incredible but they are actually true. And it is quite understandable, as e-commerce has already conquered the global market. What are the reasons for that?
Each year more and more people, even the old-fashioned, switch to online shopping. It is just more comfortable and easier. With online shops and marketplaces, we don’t need to go somewhere, search the right shop with preferred goods or services, and pay for the chosen items more than they actually cost.
Online stores and commercial platforms allow us to lie down on the couch, take a laptop or a smartphone, choose the exact website/brand or search whatever we need on Google, and find any options available on the market, compare them, read honest reviews of the real customers but not the biased suggestions of shop assistants who want to sell you any trash whatever it takes. Prices in online sales platforms are fairly cheaper than in usual shops and are closer to the real cost of the product. Shopping in the manufacturer’s online shop we can always be sure of the quality of the product and its originality.
Unfortunately, alongside all the advantages of e-commerce, there are some relevant flaws that can affect customers. First of all, shopping online requires leaving a lot of personal and financial information, that is stored centralized on company’s server and can be hacked easily and used by fraudsters, or even indecent heads of the company. But the biggest disadvantage of the online store is that we can’t see in person the product we want to buy, can’t touch it or experience all of its physical features.
Luckily, today we have an excellent solution that will bring e-commerce on completely another level, making it more efficient, convenient for the customers and profitable for business owners. And the name of this solution is Elysian.
What stays behind Elysian and what are the key benefits of the platform?
Elysian is a brand new decentralized E-commerce platform designed to help other businesses to ensure their clients' data, provide the best user experience and provide the possibility to make fast and secure transactions alongside with the possibility to pay with any cryptocurrency.
Elysian suggests other businesses that manage their online shops or e-commerce marketplaces to integrate them into the Elysian platform. Decentralization and use of smart-contracts will allow its clients to provide customers with the ultimate security and safety of their personal and financial data on the blockchain. The customers finally will get a convenient level of security and attitude. Using the Elysian platform, we will have to worry about nothing and feel safe leaving our data when purchasing or selling something online.
The second most important feature of the Elysian platform is ensuring User Experience (UX). Elysian is going to grant an easy-to-navigate multifunctional e-commerce platform that will implement Virtual Reality (VR) and Artificial Intelligence (AI). These high-tech solutions will allow the customers to receive the effect of full presence while considering the product and receive a detailed description, as well as visualization of products. So, the customers will have the opportunity to get acquainted with all the goods more precisely, compensating for the inability to see and feel the product in reality.
The Elysian is fully prepared for the innovative tools and implementations that might be integrated into the platform in the future. For that purpose, it reserved enough free space, that guarantees vast scalability of the Elysian platform.
Additionally, Elysian will provide its clients with such a function as atomic swaps. How can that be useful? Atomic swaps will be the basic tool providing the simplicity and convenience of payments in cryptocurrency. Thanks to it the users will be able to convert to any cryptocurrency, including ELY coin while purchasing goods. Worth noting that using ELY coin will be more beneficial as it would allow avoiding high fees.
This platform will definitely revolutionize the e-commerce industry. How many customers that hold cryptocurrency today want to experience the full value of their assets and feel free to buy goods and services online using it? At the same time, the founders of online shops desperately want to accept payments in crypto-assets. They understand that staying away from cryptos make huge profits pass by. But they just can’t join this “feast” because of numerous reasons. For example, they don’t understand much in blockchain technologies, their local financial authorities or local banks do not allow them to integrate such payments and transactions, finally, it would require a lot of efforts, time and money to set up a commercial platform with such exquisite capabilities and wide functionality. Therefore, Elysian is hitting the market to let other businesses get rid of the above-mentioned difficulties and obstacles. Elysian will facilitate the adoption of crypto payments in the e-commerce industry.
What are the key benefits of ELY coin?
ELY – is the native token of the Elysian platform that is going to fuel all the transactions within the Elysian ecosystem. ELY is an Ethereum based token (ERC-20), which is going to ensure that all the transactions would be transparent, autonomous, fast and decentralized.
The primary advantage of ELY coin is that it grants the most beneficial fees for services and transactions within the Elysian platform.
Who might be interested in getting ELY? First of all, e-commerce businesses, retailers, and manufacturers, i.e. those who want to establish all the advantages and functionalities of Elysian into their e-stores and marketplaces. And secondly, ELY coin can be beneficial for any investor and supporter, because the Elysian managing team conducts a wise policy that will force the market price of ELY to grow permanently.
Unlike other projects, Elysian wasn’t initiating ICO to collect money for the creation of their product. They already have its prototype, and everybody who is interested can check it here. Elysian held its ICO (TGE) in order to add more innovative features to their platform, to attract big companies, manufacturers and retailers, as well as expand their team.
During the Private Sale, Pre-TGE and TGE Elysian team were going to collect the maximum of 19$ million. The project has successfully earned the soft cap and even more than they needed. When Elysian had earned 7,000,000$, the managing team decided that this amount of money would be enough to satisfy all the needs of the company and developed a strategy for the remaining unsold 120,000,000 ELY to be released in the future in a way which benefits the entire community. The team decided to release 1000$ equivalent in ELY tokens for each store launching on the Elysian e-commerce platform. Thus, new clients will be able to pay their subscription and other possible fees with those tokens at a discounted rate. So, the company will release more tokens the more successful their platform gets.
As we can see, the ICO investors must be happy with the early ending of the ICO because the current circulating supply of ELY tokens decreased almost by half. It means that the price of the token should definitely grow.
At the moment everybody wishing to buy ELY tokens can purchase the remaining tokens allocated for the Referral Program from QRYPTOS.
How Elysian Growth Pool is going to facilitate the project’s success?
One more proof of Elysian managing team’s concern about its supporters and community is the creation of the Growth Pool. Through this Pool, Elysian intends to build a solid support base and powerful social media presence.
Growth Pool was created to fund and sustain all possible community campaigns and activities which are going to improve the Elysian platform and its functionality range. The team reserved 35% of the total supply of ELY tokens for the Growth Pool needs, and that’s a very significant amount. Referring to this indicator we can fairly assume that Elysian team has great plans towards the expansion of its partnerships, projects, and campaigns.
The tokens from the Growth Pool will be used to contribute to potential project’s tasks, campaigns and partnerships aimed to expand the Elysian ecosystem, improve its positions on the market. Elysian will create its own forum, similar to popular Bitcointalk, where the whole community will be able to discuss and submit for voting new ideas for company development, partnership, advertisement campaigns and any token utilization. Those project receiving at least 51% of votes will be funded from the Growth Pool.
The amazing fact is that Elysian is really taking care of its investors, partners and the whole community, allowing them to take part in the development of the company. Very few businesses at the market understand that supporting project’s community, extending their team and taking care for their welfare will help the company to build a powerful and indestructible reputation, and as a result, will bring significantly higher incomes for their business.
Where will ELY token be listed and how it could influence its value?
The huge impact on the sustainability and value of the ELY token will have the fact that it will be first listed on a good and trusted cryptocurrency exchange. Guaranteed!
A lot of ICOs today fail because of the bad management of their team and the choice of the worst exchanges for the first enlistment. Sure thing that no project can get listed on the best exchange because of the extremely high fees and other technical issues. But listing on the worst no name exchanges for no reason is the spit in the face of all the project’s investors and supporters. And that’s what the majority of the startups do. Such steps result in the huge dump of their token price by 50%-95% of the ICO price.
Luckily, Elysian is not one of them. The team of this project is highly professional and makes all the necessary steps to ensure the stable price and future of ELY coin. The Elysian team has reached an agreement with QRYPTOS, young but very serious, secure and authoritative cryptocurrency exchange that can be trusted. After the end of ICO, ELY will be automatically listed on it.
Partnerships and Reputation
The Elysian team is acting very active what is a very good sign. Only active and fast developing startups succeed nowadays.
To this moment Elysian has reached a lot of valuable partnership agreements with such companies like QRYPTOS, QUOINE, Jury.Online, ifashion group, HAVVEN, Sether, AirSwap, Lamden, PowerLaunch, etc.
In order to make sure that Elysian is a good and trustworthy project, we need to explore its reputation and thoughts of blockchain experts concerning this platform. Nowadays it is easy to find such an assessment on websites providing ICO ratings. Exploring the most authoritative among them, we can come to a conclusion that this project has high rates. Thus, TrackICO gives Elysian 5 out of 5 mark; ICObench – 4,5/5; ICOmarks – 9,6/10; TokenDesk – 9/10; ICOHolder – 4,32/5, etc.
I think that Elysian is moving in the right direction. Its team decided to become a trailblazer in the e-commerce market who chose not just to follow the upcoming trends of this century but to stand at the head of the revolution in e-commerce technologies. No doubt that this project will become successful and will bring its team and supporters significant profits because only the first enthusiasts to break the jackpot.
Information and resources:
Elysian Website
Whitepaper
Light Paper
Buy Tokens
Bitcointalk ANN
Twitter
Medium
Author’s e-mail: eugenereigns@yahoo.com
Author’s Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1809296
