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.
Global Problems & eLYQD Solutions
PROBLEMS
- Full product range — either expensive or not available.
- Cross-border payments for vaping products.
- Payment Verification or denial.
- Record keeping and security.
- Complexity.
- Fraud.
- Reputation.
SOLUTION
Consumers have access to brands from all over the world 24 hours a day, 365 days a year, wherever they are.
LYQD Tokens allow users to send and receive payment globally in minutes, eliminating the risk of nonpayment and costing a tiny fraction of the total eLYQD blockchain will facilitate immediate fund transfer into escrow accounts. All constituents can manage escrow accounts through smart contracts.
The eLYQD recordkeeping app will allow for simplified electronic record creation and store this data on a decentralized anonymized network that is significantly harder to hack and leak.
The eLYQD system will eliminate points of potential breakdown. eLYQD smart contracts will (a) ensure that transitions occur smoothly and (b) keep immutable records of actions taken by all constituents.
eLYQD requires proof-of-order, time/location stamping of the actual transaction, and undisputed hash records of all steps executed, from order, billing to shipping.
The eLYQD network will record all transactions, positive actions improve a user’s reputation. The risk of a negative review motivates all parties to remain honest. eLYQD’s blockchain-based decentralized network will provide a platform for the next generation of peer-to-peer (P2P) apps to support and record all constituent interactions in the value chain, with proof of completion and compliance at each step.
ROADMAP
Listed below are a few of the upcoming milestones of the eLYQD project.
2018 › An idea is born. A decentralized marketplace exclusively for the vaping industry › Bringing some serious change through our direct to consumer marketplace.
Q3 – Q4 2018 › Funding for development › Launch of the marketplace via sale of LYQD tokens.
Q1 2019 › Development of an alpha version of the marketplace testing › All connections made through HTTPS › Escrow & Arbitration smart contracts › Universal search bar › Blockchain caching system › Free, private image uploading › Unencrypted chat system › x2 Geth and caching nodes.
Q2 2019 › Blockchain caching system › Free, private image uploading › Unencrypted chat system › Public beta testing › Localization in 20 languages › Error reporting system › Status.im integration › Web version & filtering system › Importable theme system › Shipping provider integration.
Q3 2019 › Escrow app & arbitration providers › Importable theme system › Naming system, Sigs & Nametags › Reputation system › Shipping provider integration › Variable and safe-low gas cost › Reputation system › Mobile apps for iOS and Android › Additional shipping provider integration › Storefront system › Bulk inventory upload.
Q4 2019 › Live desktop app for escrow and arbitration › Live Status.im app › Live web version › Integrated encrypted chat system › Filtering system › Variable and safe-low gas cost › Complete Geth and caching node network › Storefront system › Bulk inventory upload › Additional languages › Fiat payment system.
BONUS ROUNDS SYSTEM – ICO PRE-SALE BONUS PROGRAM
OUR TEAM & ADVISORS
The eLYQD team is unique in that it combines deep vaping industry and fintech experience with blockchain and software expertise. eLYQD’s Crowdsale is a natural continuation of the team’s long term vision of delivering frictionless, high quality, low costing vaping experience for everyone, everywhere.
ICO Ratings
For more information:
Website: https://www.elyqd.world/
Whitepaper: https://www.elyqd.world/assets/files/white-paper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=4526862.0
Telegram: https://t.me/elyqd_world
Facebook: https://web.facebook.com/elyqdcom
Twitter: https://twitter.com/elyqdcom
Linkedin: https://www.linkedin.com/company/elyqdworld/
Author: jackbangor
Btt: https://bitcointalk.org/index.php?action=profile;u=1762924
My Eth: 0xE1A8b563857484228567aeCbc0781600931508E9
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