Hello readers, in this article I shall be introducing you to a unique project I have come across in my search for a genuine project that is capable of bringing real life usage of cryptocurrencies rather than just trading on exchanges. I am talking about the ACLYD project.
INTRODUCTION
It will interest you to know that since the advent of the blockhain technology and cryptocurrencies, a lot of projects from different sectors of the global economy have been linked to this disruptive technology. these numerous projects are usually attracted to the blockchain due to its innovative features which include : Transparency, Trust, Reliability , Security, Decentralized , low cost of management as it does not require much man power etc . Also in order to leverage on these unique features, ALCYD Project Team of Developers decided to integrate this project into the blockchain.
WHAT ALCYD PROJECT IS.
ALCYD is a unique and innovative platform which is designed by a team of seasoned and experienced professionals to make the purchase and payment of Alcoholic beverage stress free using the unique features of the blockchain technology and cryptocurrency.
PROBLEMS THAT INSPIRED THE CREATION OF ALCYD ON THE BLOCKCHAIN
there are a lot of challenges when it comes to sales and distribution of alcohol either as whole sale or retail. these challenges are the reason for the creation of ACLYD ,some of which the are:
HIGH COST OF MANAGEMENT: since the traditional alcohol beverage market needs a lot of manpower, they need to higher and pay, this makes it expensive to management the business.
DELAY IN PAYMENTS: Using the online purchasing method, it usually takes ages for payment to be made, this is because it has to pass through so many tables for signing and verification.
DIFFICULTY IN CONVERTING FOREIGN CURRRERNCIES: In the case of those importing or exporting alcoholic beverages in bulk, it’s usually not easy to convert currencies to the needed currency. This also leads to a lot of unnecessary delay.
DIFFICULTIES IN AGE RESTRICTIONS: In the traditional online delivery system, it is usually difficult to stop under age from buying alcoholic beverage. The retailer or supplier has to handle that, and it might not be easy to stop them from buying even after warning them.
INADEQUATE RELIABLE PRICING INFORMATION: most time the producers of alcoholic beverage do not have adequate information concerning the actual price of alcoholic beverage sold by retailers. The distributors and retailers might want to buy cheap from the producers but hike the price to make much more profits to the detriment of the producers. This is one reason why the use of smart contract by ALCYD will make them to stand out.
UNNECESSARY REGULATIONS: the online sales of Alcoholic beverage are sometimes affected by regulatory bodies interfering in the business transactions. This usually lead to one form of delay or the other in the process of service delivery.
FEATURES THAT MAKE ACLYD UNIQUE AND PROBLEMS SOLVER
The mare fact that ACLYD product is integrated into the blockchain is enough to give the project the needed tools to disrupt the existing online sales and purchase of Alcoholic beverages. However, the immutable nature of smart contracts makes it unnecessary to bother about trust. Therefore ACLYD is designed to leverage on these blockhcain futures and bring transformation to the Alcoholic beverage wholesale and retail markets. Some of these disruptive futures are:
-TRANSPARENCY: With the use of the blockchain technology and the smart contract , ACLYD is set to enable users carry out a transparent transaction at all time without fear of being cheated by any of the parties, either the Alcoholic producers, wholesalers or retailers.
-LOW COST OF MANAGEMENT: ACLYD being built into the blockchain would not need much man power to manage it, this directly or indirectly reduces the cost of managing the business as such in turns reduces the cost of Alcoholic beverage bought by consumers.
-FAST AND RELIABLE PAYMENT METHOD: Unlike the traditional online payment method, ACLYD platform is designed in such a way that wholesalers, retailers and even consumers can make payment using cryptocurrency and payment confirmed in a very short time. With this all parties involved in the transactions are happy and fulfilled.
-PRICE UNIFORMITY: With the use of the blockchain which is very transparent and reliable, everyone involved will be able to see and have a good knowledge about the actual price of Alcoholic beverages from the raw material sellers which are the farmers, to producers, wholesalers, retailers and even consumers. Therefore with ACLYD the issue of being cheated in price or changing the already agreed price is meant to be a thing of the past.
-EFFECTIVE AND EFFICIENT SERVICE DELIVERY: one of the problems with the existing Alcoholic beverage market is the fact that Raw material sellers ( FARMERS) do have double deals, they agree to sell for Mr. A , yet go Ahead to Negotiate at a different rate with Mr. B just to get the highest bidder. ACLYD is therefore designed to eliminate this using the transparent and immutable nature of the smart contract .
-THE USE OF UNIVERSAL CURRENCY: with the existing online payment method when purchasing Alcoholic beverage, there is difficulty in trying to convert from one currency to another especially for those who import or export. Interestingly, ACLYD is making use of the cryptocurrencies which is universal in nature .thereby eliminating the stress of currency conversion and time and resources spent in doing so.
-DECENTRALIZATION: ACLYD is built on the blockchain which makes the system decentralized; this will eliminate the activities of regulatory bodies, middle men or intermediaries. With ACLYD platform transaction is peer to peer. This is one of the features that make ACLYD unique.
-AUTOMATIC RESTRICTIONS OF UNDER AGE BUYERS VIA ACLYD WALLET: ACLYD Developing team has created a wallet which will be used in transactions, in this wallet; there is a feature that will automatically restrict an underage from purchasing alcohol from the platform. This therefore eliminate the stress faced by door to door or online retailers who have to try to convince the under age from buying Alcoholic beverage.
THE TOKEN
ACLDY Team has created a token on the ethereum blockchain that will act as the main driver on the platform. This token will be used in purchasing Alcoholic beverage from the platform. ALCYD wallet will only be given to users who are of age, and some features will be restricted. That is to say that, only users who are not restricted will be able to buy Alcoholic beverage using his or her wallet for transaction and payment.
TOKEN / ICO DETAILS
Token Name: ACLYD
Token type: Utility
Token protocol: ERC20
-Early private sale was 5,000,000 token at $0.07 / token and it’s closed now.
-private pre-sale was 10,000,000 tokens at 0.07/ token closed now.
-Pre sale was 30,000,000 tokens at 0.07 it’s also closed now.
Payment currencies : ETH, BTC, LTC
Crowd sale is still open for you to take advantage of. 115,000,000 tokens are to be sold at $0.07/ token. This might not take long to be exhausted just like other sales phases.
THE ROAD MAP
CONCLUSION
I will like to say here that ACLYD is an innovative project that is meant to transform the way whole sellers, retailers and even consumers pay and purchase on Alcoholic beverage. This idea is unique and will bring about mass adoption of the blockchain technology and the cryptocurrencies. Being able to use the digital currency for real life purchase is a dream comes true for the crypto world. There is no doubt that the Uniqueness of ACLYD platform is world’s best and will definitely promote the global economy. However, the success of this project was already witnessed by a prompt response to the token pre-sales which ended much earlier than expected. This article cannot capture all the unique features of the ACLYD, I therefore advise that you read the self explanatory white paper (https://aclyd.com/wp-content/uploads/WP.pdf) and visit the well designed website (https://aclyd.com/
GREAT PROJECTS PARTNERING WITH ACLYD
THE UNIQUE TEAM
ADVISORS
For more information on this project please chech the following links
Website : https://aclyd.com/
White paper: https://aclyd.com/wp-content/uploads/WP.pdf
Telegram : https://t.me/aclyd
Twitter; https://twitter.com/AclydProject
Bitcointalk: https://bitcointalk.org/index.php?topic=4941612
Authour’s name: nesbee
Authour.s Eth wallet: 0xc75534DEd4fd4796aa215A96e8E89EC58DfCF78e
the content of this review article is from the ACLYD white paper and website.
Coins mentioned in post:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit