The vaping revlolution has changed lives for many. For most, vaping is an escape from the hazardous and unappealing habit of smoking, but for some, it has become a hobby. Vaping hobby-ism came about shortly after the first big jump in vaping technology, which was about a year after it gained mainstream popularity. A wide array of high end devices (mods) and customizable features have brought a whole new underground fan base to the vaping world.
About ELYQD
eLYQD is a decentralized ethereum based ecosystem marketplace that will be the framework for the entire vaping industry. One of the main features of eLYQD is the use of blockchain technology, which allows making the platform transparent, open and as safe as possible for both transaction parties, reduction of transaction and business costs, and simplifying of the purchase process.
eLYQD is a platform designed to allow vaping industry manufacturers to create an online store that will make good use of the most advanced technologies in the e-commerce field, and providing the vaping community the freedom of choice and the option to pay for products with LYQD tokens, fiat or cryptocurrencies.
eLYQD is a stage made for makers and customers from everywhere throughout the world. With a simple to-utilize online store developer, any maker can make their own particular retail facade to offer their items, while making utilization of the stage's extensive variety of highlights for an insignificant charge. While the purchaser will profit the advantage of picking the result of their loving and no more aggressive costs. The eco-business stage will be worked as per an adaptable and decentralized approach that guarantees solidness and maintainability in the long haul. The principle highlights of eLYQD is the utilization of blockchain innovation , which permits to make the stage straightforward, open and as sheltered as feasible for both exchange parties, diminishment of exchange expenses and business expenses, and rearrangements of the buy procedure Decentralization, globalization, disentanglement and the reconciliation of cryptographic money in the task are our upper hands over different business arrangements existing in the online business showcases today.
Business Model
eLYQD is a platform created for buyers and sellers from all over the world. With an easy to-use online platform, any manufacturer is able to create their own storefront to sell their products, while making use of the platform’s wide range of features for a minimal fee.
Our service offers great opportunities for self-employed entrepreneurs, small-scale manufacturers, multinational businesses, including a selection of tools for direct customer feedback, bookkeeping, sales analysis, advertising and promotion, as well as a convenient, userfriendly interface
The eLYQD’s revenue model differs fundamentally from those of traditional e-commerce platforms. Traditional e-commerce platforms typically charge a flat fee on the sale price, sometimes in combination with a commission fee. Buyers may also have to pay fees to PayPal or other payment processing solutions.
Vision
The eLYQD marketplace will increase the efficacy of all business interactions by freeing them from all kinds of middlemen and making those interactions immediate, transparent, secure and mutually beneficial. This vision will be achieved by creating a fast blockchain-based decentralized ecosystem and organizing user interactions on the peer-to-peer basis. The eLYQD ecosystem will be used by mass consumers and product manufacturers, from all around the world.
Such a direct to consumer (D2C) marketplace has significant advantages over centralized platforms in terms of freedom, privacy, and cost.
It can never be shut down, can never go offline, and listing information cannot be lost. Users remain private, if they wish to do so. eLYQD can never be censored, and users cannot be prevented from buying or selling.
Payments are processed without the interaction of centralized payment platforms and therefore, making the entire experience easy, cost effective and seamless.
FEATURES OF eLYQD
• Blockchain : Distributed blockchain ensures total transparency and verification of each transaction, including detailed product characteristics, its price structure, relevant circumstances of the sale, as well as reputed profiles of the sale parties. The eLYQD ecosystem will be deployed on the Ethereum platform.
• Peer-to-Peer : The peer-to-peer principle of interaction within eLYQD will allow all participants to interact directly. This removes middleman-related costs. The price of a product or a service will be passed over to the manufacturer in its entirety. The end-price of a product will only contain real production costs and a fair margin.
• eLYQD Utility Token : Payments within the eLYQD ecosystem will be effected in the system's own crypto-tokens—LYQD, ERC20-compliant. The function of the token will be to reward users for active use of the ecosystem and contributions to its development (rewards include several types of crypto-paybacks, loyalty, promotions).
• Arbitration : In the case of a dispute between buyer and seller, an arbitration service is available. We encourage sellers to choose an arbitrator, as it increases the trust level for buyers and also the probability that purchases will be made. If both parties dispute a transaction, the seller will pay the arbitrator out of the escrowed funds. For buyers, arbitration is always free of charge.
• Reputation System: Every seller and buyer will have a reputation rating derived from their conduct during every transaction. Users with a low or negative reputation score may be filtered out, in order to protect other users from fraud and wasted time. This reputation system will encourage legitimate merchants and customers to act honestly and to build up a solid reputation.
• Fiat Payments : Ether, like all cryptocurrencies, is volatile, changing in value on a daily basis, relative to national currencies like the dollar and the euro. eLYQD will develop an integrated payment system that works like ether, but converts to currencies at a ratio of 1:1. Finally, items can be priced in a national currency, and you will know exactly how much you're spending or being paid.
Token info
Token = LYQD
Platform = Ethereum
Type = ERC20
PreICO price 1 LYQD = 0.0024 USD
Price in ICO 1 LYQD = 0.0024 USD
Min. investment = 0.1 ETH
Accepting = ETH
Distributed in ICO = 60%
Soft cap = 2,000,000 USD
Hard cap = 15,000,000 USD
For more information:
Website: https://www.elyqd.world/#ico
Whitepaper: https://www.elyqd.world/assets/files/white-paper.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4615548.0
Facebook: https://web.facebook.com/elyqdcom
Twitter: https://twitter.com/elyqdcom
Telegram: https://t.me/elyqd_world
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1671224
Author: JonyAce
Username bitcointalk: JonyAce
ETH address : 0x95295a487AC1Ca8516c6ddb055C0361D504ea43e
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1886490;sa=account
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptoareablog.wordpress.com/2018/07/07/elyqd-is-creating-a-global-blockchain-platform-for-universal-brands-of-e-liquids/