Elysian is changing the world of Ecommerce. They are creating a decentralized platform for using Ethereum's blockchain to perform Ecommerce transactions and also provide secured personal data. The invention of smart contracts allows for new ways to do business online. These types of transactions are highly secure and have many uses and functions. The use of blockchain will soon become commonly used, and it has great potential for growth. Ecommerce is one of the best places for practical use of this amazing technology. Elysian has great plans to make full use of this it. There are currently very few companies making use of blockchain technology, especially in the field of Ecommerce. This leaves the sector wide open to new platforms, and Elysian hopes to take advantage of this.https://elycoin.io/
Elysian will be creating a new experience for users. It is a platform that existing businesses can adopt, and also new businesses can work with it. Third parties will be able to build and host client platforms on top of the Elysian system. Within the Elysian ecosystem, the ELYCOIN will be used. This is an ERC20 Ethereum token with the symbol ELY. It will be the so called fuel of the platform. ERC20 tokens are universally the most common and most accepted type of token. The ELY token is meant to be the primary transaction method in the ecosystem.
There will also be a growth pool that is meant to encourage interaction with the community. A percentage of tokens will be allocated to this pool. If a member of the community thinks of an idea that could improve the Elysian ecosystem, tokens that are in the growth pool may be put towards making that idea become a reality. This is healthy for the growth and development of the whole community and ecosystem. The Elysian platform will have a community discussion forum where these ideas can be voted upon. If at least fifty one percent of people vote yes, then the idea can receive funding for development. Community members can also donate to fund ideas in addition to the funding from the growth pool. An application fee will be required to post an idea. This fee is to help with spamming and fraudulent applications. It should be noted that high ranking community members may be able to post projects without a fee.
A fund raising token sale is currently under way. The sale will be completed in July of this year. Prices will range from six cents to twelve cents depending on the time at which you purchase during the sale. The total supply of tokens will be one billion. The majority of raised funding will be used for development and marketing, with forty percent going towards development, and thirty percent towards marketing. Other funds will be used for legal fees, partnerships, and a reserve fund. If all goes to plan, the full launch of the Elysian platform is scheduled for the third quarter of 2019. Development will continue at a steady rate after that with more and more features being added. To find out more details about the ecosystem and sale, please follow the links outlined below.
Whitepaper: https://elycoin.io/whitepaper/english
Announcements: https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1420457
Looks like this could be great for eCommerce, can't wait to try it out! I am a big believer that blockchain will become very widespread and used everyday.
Hello rob31,
and participating in our community. Your contributions and support are important to us and we hope you will continue to use our platform.@SteemEngineTeam would like to take the time to thank you for
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