A decentralized platform to build Ecommerce websites on the blockchain
The Ethereum network allows for the creation of ERC20 tokens to operate as replacements for other intermediaries. In the Elysian system, ELYCOIN (ELY) will be the fuel that powers the Elysian platform. The token will be an integral part of the ecosystem as the preferred method of transaction.
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.
Clients will have the ability to use the Elysian platform for their own businesses, providing an upgraded level of functionality. The platform will act as a foundation for other future Ecommerce businesses that will enter the space. Essentially it will act as an intermediary between our clients and their target consumer demographic. Elysian will also give third-party agencies the ability to build on top of the Elysian platform to host their current clients’ platforms on our platform. This will ultimately strengthen the Elysian ecosystem and provide immediate access to client bases of other Ecommerce platforms, giving them an incentive to switch to the Elysian ecosystem.
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.
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
Token Distrution
FUND DISTRIBUTION
