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The innovative concept of Elysian will drastically improve current flaws in the Ecommerce industry by integrating blockchain technology to create a revolutionary Ecommerce platform.
Security – This is a legitimate concern in the realm of Ecommerce, exemplified most notably by the data breaches of Target and Equifax. Elysian will improve this aspect using smart contracts and storing customer data on the blockchain to upgrade security. This will generate a level of trust in the business-to-consumer (B2C) business model that is currently nonexistent.
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.
The Elysian token (ELY) will serve as the primary method of access to transactions on the Ecommerce platform. The token will have the capability of being kept in our private wallet and then sent to the Ecommerce platform to facilitate transactions for services, avoiding the hassle of using a card or the outrageous fees of bitcoin. The token will be of the ERC20 format.
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.