Review and analysis of ICO Element (global blockchain platform for e-Commerce!)

in ico •  7 years ago 

Investments in ICO Element

Official page

 

  • About the platform Element
  • Challenges and benefits
  • Project development plan
  • Team of developers
  • Our partner
  • Bounty program
  • Conditions of participation in ICO

  

Gentlemen, the market is beginning a very large-scale platform and "Investors Malibu" focused on it is not a joke! Now we will understand why we chose her..

It has long been understood that blockchain technologies give promising viability to the entire economy and this direction is only at the very beginning of its technological development, so you are lucky that you are an early investor in all these activities. The potential of blockchain is so great that it will change everything around. But the most striking feature of the blockchain is that it is able to provide confidence in the network without centralized management and it is unrealistically cool. To date, the model of centralization of the economy is the dominant organizational principle, while the costs of communication and operation are very high. But although this story is constantly changing, it will still have far from the best consequences for society. The emergence of Internet communication has provoked a very sharp reduction in various expenses. And the Blockchain in this tandem will have a significant positive impact on all processes in terms of costs 

Now, let's touch the core of it.. On the market there is a new blockchain infrastructure ELEMENTH, designed for e-Commerce. This "magic" is presented to all participants of the e-Commerce market in real time and in historically attractive stock price data. This model will also allow creating decentralized and centralized applications based on Ethereum blockchain. 

If you plunge into the history, we will remind you that in 2012, the developers created a number of online stores and found that all suppliers sent their price lists in XLS format, including thousands of names of the same products. Further they faced terrible and awful comparison of the same subjects for several days in a row. Based on their rich experience in development, development leaders decided to break this paradox. As a result of using the machine learning algorithm, they solved the problem of selecting price lists of different companies and began to actively create the world tsunami.

ELEMENTH ecosystem stands on the Foundation of the best achievements in the last few years in the field of blockchain and purposefully solves problems in the modern world of e-Commerce. Since the time when developers began to collect data from archival stocks on supplier prices, they have not yet collected even one percent of the total number of goods. And the same ELEMENTH database creates a blockchain for e-Commerce, which is essentially a register of ownership of goods, with the ability to write unique smart contracts and use all relevant standards to quickly create a variety of decentralized and centralized applications for e-Commerce. We offer you to watch an introductory video about the platform..

Tasks and advantages of the platform!

Developers and we also strongly believe that the creation of a non-profit organization with access to a global product classification system based on blockchain storage of all sales chains and the possibility of creating any centralized and decentralized applications based on ELEMENTH will enormously change the world of all e-Commerce.

As for the mission, it remains unchanged. The main task is to make the world of e-Commerce much better, easier and more beautiful. There is a planned creation of a standard system available for use by the entire e-Commerce market in such segments as B2C and B2B. All prices for all products will be combined in one place and a unified product classification standard and platform will be created to quickly set up and scale e-Commerce projects. Agree, a great plan?? 

Let's think about this: who today is a major player in the e-Commerce market:

1) first of all, the market itself

2) Various online shops

3) Suppliers of products and goods

4) from the Marketing research companies

5) the customers Themselves

6) directly manufacturers

7) the very a realizers

8) Various payment services

  

There are a number of problems in e-Commerce that will have to be addressed.

The task is to make all the processes of buying and selling goods and services much easier and implement it all in a key of reliability and transparency. There are quite a few technologies that do not fully meet these requirements and there are some obstacles that significantly affect the efficiency, namely::

1) the most significant barrier is the transparency of information and its complexity at the time of receipt. And in turn, a huge number of participants in e-Commerce, such as the brand, distributor, manufacturer or consumer create the need for constant data exchange. And the interesting thing is that a couple of different participants in this market usually even require different parts of the data. And on the basis of this, it should be concluded that when processing all the information, it is always recommended to do the same many times, which leads to significantly high processing costs or even duplication, loss or partial change of these data. This plot provokes "bandits" to carry out fraudulent schemes, in the form of various fakes, to evade taxes or to carry out illegal import and export of goods..

2) let's Start with the fact that the e - Commerce market was formed chaotically, so the lack of a single standard is the next obstacle to be solved. Remember the time when Internet Commerce was growing and the traditional companies engaged in online trading grew in this way. Unfortunately, the lack of uniform norms and standards has led to chaos in the supply of products on the market. It is funny to see when the same goods in online stores, even within the same country, have different names and categories. This creates significant difficulties not only for end customers, who have to spend a considerable amount of time on a banal comparison of offers from different traders, but also prevents the direction of B2B. The market that only does not and as a result invents expensive decisions to correspond to goods from the supplier which data it collects through the track record. This creates serious limitations for interaction..

But, on THE part of the elementh ecosystem, there is a decent solution

The platform strives to take full advantage of blockchain and developers will definitely make e-Commerce as effective as possible. The step-by-step introduction of technologies into trade will contribute to the global expansion of the system. Such flexible integration will not require a sharp change in the business processes of market participants and this is a huge plus. The company is confident in its success, as the creators are actively involved in the e-Commerce market since 2007. Just imagine, they have been helping various online merchants compare millions of products from thousands of suppliers for 6 years. Therefore, thanks to this experience, there is a clear algorithm based on the use of machine learning, developers are able to automate hundreds of processes to update data in real time. Now, You realize that behind this innovation is the strongest growth as a result of a variety of collaborations and as a result of feedback from numerous retailers, distributors, markets and manufacturers..

What kind of future awaits You?

As mentioned earlier, the whole concept of a large-scale project is to create a fully transparent and trusted ecosystem for the Internet Commerce market. It is self-regulating and easily scalable in its time. That's the vision we convey to team members and ELEMENTH have to believe that)

Now, more details...

- You will find a unified product classification standard used worldwide with a unique code for each product.

- The road to a fully transparent system of market transactions is open for you

- From now on, each participant of the system can fully trust other participants

- From this moment all market participants contribute to the development of the system and are rewarded for this contribution

- It is important to note that blockchain technology works not only as a database, but also becomes the basis of all business processes of companies

- Constant influx of new members, as this platform is quite high speed of any transactions

Let's talk about market players...

All enterprises and e-Commerce companies can use a single standard for product classification for business, while providing services and products to end users and other companies in the system.

The scope of services is one of the major players, namely companies and businesses that are associated with accounting, law or logistics companies engaged in the delivery of goods and so on. Developers of the company create interfaces for interaction of various firms and ELEMENTH blockchain, including smart contracts for interaction of all participants of the system.   

Participants also include companies that manage the ELEMENTH blockchain , which support the required number of nodes for the security of the entire system. And if specifically, we are talking about Elementh Masternodes

The most important user is the end user, each of which can increase trust in the system host when actually interacting with all participants. There are also provided for them and awards and design of new cards.

It is important to emphasize the presence of Elementh Fund, which in turn is responsible for the development of the blockchain network itself, as well as for the development and full technical support of the system. At the beginning of its journey, the Foundation participates in the establishment of permanent communication with new participants in the system, in particular in the development of the necessary interfaces for universal interaction.

 

The next task of the platform is to create a single product classification standard and a platform that will allow you to quickly set up and scale projects for online Commerce. This will be achieved by creating a blockchain with a built-in Turing Complete programming language. Now everyone will be able to write a smart contract and decentralized application, and further unify their product cards, use electronic trading operations and transfer ownership.

Let's touch upon the main advantages of a large-scale project:

- Free sale or exchange of goods

- Engaging the harmonized classification of products

- Ability to use real-time data on stocks and stock prices

 Is a global operating business

In the long term, the entire decentralized blockchain system Elementh will allow customers to find the best offer from various sellers

Project development plan

We really liked the quote from the mouth of the creators:

"We know exactly how to get to the moon, and we want to take as many travelers as possible."Let's analyze their flight in more detail.

2012-Creation of the company

2012 - Making investments from its venture partners

2014-The number of goods in circulation reached 1000 items

2016-in the database of 70 million articles in 30,000 product categories. 1,000 stores from various hotels. Customers from various small shops to major companies such as Sberbank

2017 - go to the blockchain technology. The translation of the concept into the project Elementh

January 2018 - Presale tokens produced exclusively by white list.

February 2018-Pre ICO

March 2018-Pre FUND

April 2018-ICO

June 2018-Blockchain Basis Layer (Alpha)

August 2018 - the Blockchain Abstract Layer (v_0.1)

October 2018-Blockchain Abstract Layer (v_0.2)

December 2018-Implementation of own wallets inside the blockchain system

February 2019-API

March 2019 - the Creation of a master node

2019-DAPPS

Team of leading developers and advisors:

The composition of the team is quite strong and competent. Of the 17 people, 3 are founders who have worked together for many years. All have a wealth of experience in e-Commerce..

Our favorite partners:

During the creation of his first commercial Internet project, the team has kept business relations with venture investors and different companies (SBERBANK), which also soon came to the realization the most powerful plan. The composition of the activists established a link with SAP Hybris and Ulmart, so that they could include descriptions of goods in their markets. It was also discussed the possibility of promoting this solution among the other clients of SAP around the world. And in 2018 ELEMENT plans to participate in the SAP COIL program in order to improve the SAP store.

Conditions of participation in the Bounty of the company:

Our favorite platform ELEMENTH invites everyone to participate in the advertising campaign for the purpose of earnings and the goal to attract more investors to this lightning-fast and promising project

The team has reserved 2% of the total number of issued tokens! Therefore, participate in the bounty program and enjoy life

Discuss the basic requirements and rules:

1) to participate in the bounty program Elementh you need to join our group in the telegram @Elementh_community and not leave it until the end of CrowdSale.

2) Discussion of the distribution of tokens in telegrams to the group is strictly prohibited.

3) the Elementh bounty Program began on February 7, 2018 and will end on the same date as the end of Crowdsale (or until the indicator reaches the Hardcap mark)

4) to participate in the bounty program, you must be at least 18 years of age.

5) to ensure that we have considered Your request for participation You should join our official telegrams channel @Elementh_community

6) we reserve the right to remove You from any company without explanation.

7) If you are disqualified for any reason, you will not qualify for a reward.

8) in case of our decision, we may not accept you into the bounty program for any reason.

9) use of multiple accounts, cheating or spam is not allowed. As a result of not following all your accounts will get banned forever from all our companies.

10) you should Not provoke people, the fact that they made a great contribution to earnings. You just need to advertise our project and product qualitatively.

Rewards in bounty program is divided into the following categories:

A 10% Bounty On Twitter

A 10% Bounty Facebook

A 10% Bounty Instagram

An 8% Bounty On Reddit

4% - MEMS bounty

20% - Signature Bounty

30 % - Bounty Content\Media

4% - White Paper Translation

4% - Telegram Bounty

5% - Referral program

All the more detailed program of participation in the program on the forum..

BitcoinTalk

Sell an apartment and buy EEE tokens for the full amount??

Let's talk about the Eee token

A token is a utility token that is constantly rotating in the system

Development based on ERC 20. The company is also developing its own blockchain Elementh and in the future the platform is integrated into its own development

End users can pay for all or part of the company's products or services using EEE tokens. Users can also be rewarded in tokens for maintaining and developing the system..

The total issue of token: 303 000 000

Softcap: 10-000 ETH

Hardcap: 30-000 ETH

The cost of one token = 0,0002 ETH

Accepted currencies to buy tokens: BTC, ETH

More information about the platform can be found here..

Website / Telegram / Twitter / WhitePaper

Author:

BitcoinTalk / Telegram / VK community / YouTube


Donate Ethereum to the author;)

ETHadress: 0x02cED5D22386D09bA73B04Ac2209250a47df7388

  

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An excellent idea for the creators of the project, I myself will soon write an article about them, I think this project is very worthy, I express gratitude to the author!

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thank you very much

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I'm interested in the project, I will watch.

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As for fees, the project, is it still in?

It was very interesting and informative to get acquainted with the project.

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how's crowdsale going?

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