Introduction to Elysian:
Elysian is a new decentralised platform built and designed by a group of experts in the cryptocurrency and E-commerce industry with the aim of integrating the multi-trillion dollar industry with the multi-billion cryptocurrency market through the use of ethereum blockchain. Elysian is designed for the main purpose of bringing a vast upheaval to the E-commerce industry.
The E-commerce industry:
The E-commerce industry worth over $2trillion dollars with an estimated annual growth rate of 9.9% is expected to record sales of over $4trillion, three years from now. This industry which is the activity of buying and selling over the internet or on the online gives the consumer/customer the luxury and convenience to buy products from the comfort of their abode irrespective of the location or distance where the seller is. This industry has gone on to be one of the greatest invention of this millenium due to the ease of exchange of goods and the ease of doing business between the buyer and seller(commerce) hav also been plagued with quite a number of problems and challenges such as poor cyber security, poor users experience, insecure customer strong, identity theft,e.t.c. which so far has retarded the growth and improvement of the E-commerce industry.
Cryptocurrency meets E-commerce:
The revolutionary Elysian platform was created to solve the aforementioned problems and aims to extensively alter the quality of the E-commerce industry excellently through the implementation of artifical intelligence and virtual reality into the E-commerce industry which will provide and ensure an efficient web navigation,satisfactory consumer convience,revolutional product visualisation,faster delivery of products,secured storage of customers data and protected identity theft. The use of blockchain technology will move these ideas from being just a mere concept to a reality which will provide vast amount of trust and confidence between the buyer and the seller which is a major key for the onward advancement of the E-commerce industry.
The token system:
The elysian token(ELY) will serve as the primary medium as access of transaction on the E-commerce platform. The token which can be kept in a personal private wallet and then be transferred to the E-commerce platform to facilitate transaction for services without having to confront the challenges and extra cost that arises with using a credit/debit card or the high fee charges of bitcoin. The "ELY" is an Erc-20 token.
Token sale date: 4th june - 8th july.
Ticker: ELY
Ico token price: 1ELY=0.012USD.
Website: https://elycoin.io
Bitcointalk Announcement link: https://bitcointalk.org/index.php?topic=3333050.0
Bitcointalk bounty thread: https://bitcointalk.org/index.php?topic=3332920.0
while the ecommerce or financial service is the first miracle of blockchain and cryptocurrency, its really quite some task now to truly come out successful in this field as there are lots of competition. But what do i knw, competition breeds innovation. So I will be watching out for this.......
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You better do... This plans to stand out and high.
Thanks for the comment.
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The ecommerce industry is so big and has a lot of room for expansion, which may not be really economical for the centralized bodies, but with the blockchain elysian can take ecommerce to new heights.
I love this write up. Thanks for sharing. I will check the whitepaper for more information
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Of course you are right and for the whitepaper, make reference to the post and see the website for the whitepaper link. Thanks for the comment.
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