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Elysian 4/5 (1) - Platform to build Ecommerce websites on the blockchain

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 interoperability of the platform will serve as the basis for future scalability and sustainable growth. Extensive analysis into competing businesses exposes a lack of unprecedented user experience. The current status quo is not healthily sustainable as advancements in technology become more commonplace. The implementation of Artificial Intelligence and Virtual...

Token sale ended

4.0
Hype5.0
Security3.0
Team4.0
Vision4.0
  • Token: ELY
  • Price: Pre-ICO: 1 ELY = 0.06 USD ; ICO: 1 ELY = 0.12 USD
  • PreICO start: 4 Jun 2018
  • PreICO end: 20 Jun 2018
  • ICO start: 20 Jun 2018
  • ICO end: 9 Jul 2018
  • Country: South Korea
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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 interoperability of the platform will serve as the basis for future scalability and sustainable growth. Extensive analysis into competing businesses exposes a lack of unprecedented user experience. The current status quo is not healthily sustainable as advancements in technology become more commonplace. The implementation of Artificial Intelligence and Virtual Reality into the Ecommerce industry will provide efficient website navigation, revolutionary product visualization, and unparalleled consumer convenience. The extrapolated Ecommerce revenue projections indicate a lucrative future if companies can adapt to necessary market transformations. The integration of the Elysian token into the platform as a method of access to transactions provides entry into our ecosystem. Consumers will be incentivized to become incorporated into the Elysian community and play a vital role in the growth of the company.

The primary function of the Elysian platform is to revolutionize the entire Ecommerce industry by improving security and creating a new, unique user experience. Elysian will be the first Ecommerce platform to combine two vital aspects that are necessary for the progression of the industry – integrating blockchain to store all customer data securely and using technological advancements such as Artificial Intelligence and Virtual Reality to help differentiate Elysian from competition in terms of user experience. The Elysian ecosystem will serve as the gateway to a more efficient future, powered by the blockchain. Continued sustainable growth is only achievable if the current status quo improves. The current industry standard for security and user experience will slowly become obsolete. This process has already started. Consumers and businesses will adapt to the advancements of technology to the point that the antiquated technology that currently allows the industry to thrive will practically become extinct. Elysian is positioned perfectly to be one of the very first in the market at the ground floor of the oncoming technological revolution. First mover’s advantage plays a crucial role in the success for any business in any market. The ability to set the industry standard for a certain service allows companies to reach out to a large population and gain a significant competitive edge.

Security – Problem

One of the more pressing concerns in the Ecommerce industry is the lack of trustworthy cyber security, primarily in the form of identity theft. Thieves can use the information they’ve acquired to fraudulently perform tasks in your name, such as filing taxes, purchasing items in your name, and credit applications. Moreover, victims of identity theft are usually left oblivious to the situation until a further date, when they receive some sort of abnormal occurrence, usually in the form of a financial consequence. In order for the market to continue to experience sustainable growth, the level of trust between consumers and businesses must improve, and this starts with security. In 2017, a data breach at Equifax left the personal information of 143 million American consumers vulnerable for hackers to access. The breach lasted from mid-May through July. The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. ¹⁴ As a result of the data breach at Equifax, and Target a few years back, an element of skepticism has emerged among consumers regarding the safety of their personal information. It is not surprising that breaches in online security are extremely detrimental to the credibility of the business. Hackers generally will target companies in order of their vulnerability, starting with the ones that are most vulnerable, and also businesses with a client base that is least likely to combat cyber attacks. These attacks ultimately result in short-term decreased website traffic and revenue until the problem is solved. Thus, we can infer that the following statement is true:One of the more pressing concerns in the Ecommerce industry is the lack of trustworthy cyber security, primarily in the form of identity theft. Thieves can use the information they’ve acquired to fraudulently perform tasks in your name, such as filing taxes, purchasing items in your name, and credit applications. Moreover, victims of identity theft are usually left oblivious to the situation until a further date, when they receive some sort of abnormal occurrence, usually in the form of a financial consequence. In order for the market to continue to experience sustainable growth, the level of trust between consumers and businesses must improve, and this starts with security. In 2017, a data breach at Equifax left the personal information of 143 million American consumers vulnerable for hackers to access. The breach lasted from mid-May through July. The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. ¹⁴ As a result of the data breach at Equifax, and Target a few years back, an element of skepticism has emerged among consumers regarding the safety of their personal information. It is not surprising that breaches in online security are extremely detrimental to the credibility of the business. Hackers generally will target companies in order of their vulnerability, starting with the ones that are most vulnerable, and also businesses with a client base that is least likely to combat cyber attacks. These attacks ultimately result in short-term decreased website traffic and revenue until the problem is solved. Thus, we can infer that the following statement is true: The level of cyber security is positively correlated to the level of consumer trust.

Security – Solution

The emergence of blockchain technology is beginning to revolutionize the internet. However, blockchain itself is still in its infancy. Consequently, many businesses in the Ecommerce industry are still unaware of blockchain technology or are content with the current status quo in terms of cybersecurity. The alarming number of data breaches are evidence of this. The ability to store customer data on the blockchain provides a revolutionary new level of security that was nonexistent in years past. This is a prime example of how the creation of blockchain in its purest form was meant to be used for the real-world application. This immutable ledger serves as the foundation for transactions and storing data that cannot be tampered with. Decentralization prevents the data from being on one single server and openly visible to hackers. This has an immediate effect on overall data security. The use of smart contracts also provides another element of trust for consumers. The contract that is coded by the developer will store all aspects of the transaction to ensure that the process goes smoothly. The smart contract will be audited to guarantee proper coding. The audit further strengthens the security and legitimacy of the smart contract. The principle is to provide a contract that is not only more secure, but also is set in stone to prevent manipulation and guarantee that a transaction is processed in a proper manner.

Team

Leo Ameri

CEO & Founder

Roelof Gootjes

Head of Strategic Partnerships

Ihor Pidruchny

Blockchain Engineer

Nadine Dominik

Corporate Secretary

Tyler Sanford

Advisor, Branding and Web development

David Blumsack

Community Manager

Lucy Vardanyan

Senior UI/UX Designer

Milestones

  • Q2 2017
    The Elysian concept is born
  • Q3 2017 - Q1 2018
    The concept is in development
  • Q2 2018
    The Elysian Private Event begins, followed shortly thereafter by the Elysian TGE
  • Q3 2018
    Team Expansion Launch of the official Desktop Wallet (Windows, Linux & Mac)
  • Q4 2018
    Launch of the official Mobile Wallet (iOS & Android)
  • Q1 2019
    Private blockchain implementation for data storage
  • Q2 2019
    Launch of the official Elysian Merch Program
  • Q3 2019
    Launch of the official Elysian Platform
  • Q4 2019
    Atomic Swap integration into the Elysian Ecommerce platform
  • Q1 2020
    Expand the range of altcoins accepted on the Elysian platform
  • Q2-Q3 2020
    Opening of a Strategic Office in Europe and Asia
  • Q4 2020
    AI integration into the Elysian Ecommerce platform
  • Q3 2021
    VR integration into the Elysian Ecommerce platform
  • 2024
    1% of the global Ecommerce websites start using the Elysian platform

Token

  • Platform: Ethereum
  • Price: Pre-ICO: 1 ELY = 0.06 USD ; ICO: 1 ELY = 0.12 USD
  • Accepting: ETH
  • Token distribution: 35% - Growth pool 30% - Reserve 10% - Team 15% - TGE 4% - Pre-TGE 4% - Private sale 1% - Bounty 1% - Refferal
  • Soft cap: 3,000,000 USD
  • Hard cap: 7,000,000 USD

Proof Points
3/5

Legal entity

Legal entity is a Nevis LLC.

Did’t send the proof link in the telegram.

 

Prehistory of project

According to the roadmap, first activities for project were at Q2 2017.No prehistory of the project were found.

Product or its MVP

Elysian Mobile Wallet app was developed

Blockchain experience

Blockchain engineer Ihor Pidruchny – developer at VARcrypt

 

Marketing consultant Tyler Sanford – Advisor DataBlockchain , Einc , Cryptopus , SafeCrypt , ImmVRse , HydroCoin

 

Advisor Geoff McCabe – Chief Executive Officer at Divi Project , Founder at Cryptommorow

 

Advisor Graham Doggart – Advisor at Dynamic Abundance

 

Advisor Anders Larsson – CTO Bobs Repair , Advisor at Swachhcoin , Helioss , TokenSale CFC , Imusify , Farmatrust

 

Advisor Daniel Santos – Advisor at TokenAdvisors , SZO , Parcelx , Littlephil ,

Business Development at Tatatutoken

 

Advisor Scott Douglas – CEO, CIF at Cryptoimprovementfund

 

Advisor Troy Linforth – Advisor at Hydrominer

Escrow

No escrow information were found

Comments

Update 13/07/18

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