Introduction:
Elysian is a decentralized platform built on the blockchain technology and allows to create websites in the field of e-Commerce.
Today, the project I am going to present you is Elysian, a decentralized e-commerce platform to create websites in the block chain with improved security and a revolutionary user experience.
Elysian is an innovative new decentralized platform that will use the Ethereum blockchain to secure customer data, facilitate Ecommerce transactions, and drastically change user experience. The integration of smart contracts and blockchain technology will ultimately provide a higher level of security in the realm of Ecommerce.
The platform is where ecommerce and cryptocurrency come together as one. Elysianconsists of a massive team of Ecommerce Specialists who are also cryptocurrency experts, ready to create an ultra-successful, multi-million-dollar platform. Ecommerce will of course be the main focus of the system, with the billions upon billions of dollars generated by the industry each year being used to support the financial revolution.
E-Commerce
Let us explore in more detail what is e-Commerce and where it's having scope of application. In fact, the interpretation lies in the term ”E-Commerce". It is various commercial services in the electronic sphere. So, all transactions which have a movement of funds from one participaint to another, and it does not matter whether it is the sale of goods via the Internet or the opening of an online Deposit in the Bank, all this has one common term - E-Commerce.
The origin of the Electronic Commerce technology occurs in 1960 when the US air company American Airlines and IBM began to create an automated system of reservation of seats on their flights. Because of the introduction of this technology, the company was able to reduce the cost of flights and, accordingly, increase the number of transportation's.
What will Elysian offer?
The innovative Elysian platform will drastically transform the standard Ecommerce business model. Multiple improvements in efficiency and security will be evident for investors and consumers, such as faster delivery, secure customer data storage and identity theft protection. The implementation of these aspects through the use of blockchain technology will provide an immeasurable level of trust that is vital in the progression of Ecommerce.
Security :
Elysian will build trust in Ecommerce by producing a substantially improved level of data storage security by using the Proof-of-Authority algorithm. Proof-of-Authority consensus will provide the Elysian ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network.
Artificial Intelligence and Virtual Reality :
The implementation of these two features into Ecommerce will solidify the advancement and progression of the industry. This technology will provide the ultimate convenience. Consumers will have the ability to shop at home in an intimate environment and will have a level of engagement that is similar to an in-store experience. Consequently, both satisfaction and efficiency increase. In addition, the Elysian platform gains a competitive edge against businesses using antiquated methods of user experience and customer engagement.
Scalability:
In an industry that continues to rapidly progress, scalability is mandatory. The Elysian platform is multifaceted in both business and technological aspects. The capability to appeal to a wide range of companies in the Ecommerce industry makes application of the platform lucrative. Moreover, the versatility of the technology to adapt to requests from businesses and large client bases will substantiate its credibility.
The Proof-of-Authority algorithm :
Proof – of-Authority is a decentralized block algorithm. It uses only independent network members to create new blocks. Each participant's data is encrypted with a restricted key. This ensures the security of encrypted data on Bank cards, accounts, etc. All Internet-shops and sites running on the platform Elysian will work on the same algorithm and have the same high level of information protection.
User Experience (UX) :
Elysian will provide a new experience for consumers by integrating Artificial Intelligence and Virtual Reality into Ecommerce to create useful, efficient website navigation and provide consumers with a more detailed description and visualization of products.
Atomic Swaps :
Vastly improves the convenience of payments in cryptocurrency. Users will have the ability to freely convert to whichever token they desire, including the Elysian token, to eliminate fees and purchase goods in a more efficient manner.
Growth Pool :
Designed to promote engagement and interaction between the Elysian team and the community. Provides a sustainable business model by allocating the tokens specifically to the growth pool for use after the TGE to fund community campaigns to improve our project. The Elysian forum is designed to be used as a means of communication for potential partnerships and future ideas for company expansion. Community members can either use their own tokens to contribute towards the growth of the project, or receive tokens out of the Elysian growth pool to be allocated for specific task completion. Voting Rights – Project applications listed on the forum are to be voted on by community members. If the project receives a minimum of 51% “yes” votes, and passes the responsible voting requirements*, the project will receive funding. All tokens contributed by community members to projects that are not approved will be refunded.
Token Sale
Total number of tokens:
1,000,000,000 ELY
Number of tokens participating in TGE:
230,000,000 ELY (all unsold tokens will be burned)
The price of the token:
1 ELY = 0,12 USD
Soft cap:
3,000,000 USD
Hard Cap:
19,000,000 USD
Token Distribution
Fund Distribution
Roadmap
Airdrop
The project gives the opportunity to earn Elysian tokens (ELY) performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk.
Here (https://bitcointalk.org/index.php?topic=3332920.0) you can access to the link in order to see what are the conditions to become an early ELY contributor and start acquiring tokens.
Conclusion
The platform is extremely innovative and aimed at drastically changing the world of ecommerce with the new blockchain technology built business model. The numerous improvements the company is claiming will occur on the platform is said to be enough evidence to show investors and consumers why a faster rate of delivery, mixed with secure data storage of customers is the only way to run a business of this nature, especially when mixed with blockchain technology and can at the same time give users an immeasurable level of trust considered to be vital in the natural growth of the ecommerce industry. You can find out more about Elysian at elycoin.io.
For More Information
- Website: https://elycoin.io/
- Whitepaper: https://elycoin.io/whitepaper/english
- Lightpaper : https://elycoin.io/lightpaper/english
- Ann Thread: https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
- Twitter: https://twitter.com/Elysian_ELY
- Telegram: https://t.me/elysian_ely
- Facebook: https://www.facebook.com/ElysianxELY/
- linkedin: https://www.linkedin.com/company/Elysian_ELY
- Medium: https://medium.com/@Elysian_Ely
- Reddit: https://www.reddit.com/r/Elysian_ELY/
Author: Raghav
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2235966
Eth: 0x11b2642E17Bf70C834CaA29a97D2030303d07069