Elysian” — icoTokenReviews.com

KOINASCENT
5 min readMay 21, 2018

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icoTokenReviews about Elysian:

Token ELY
Pre-Sale Price 1 ELY = 0.06 USD
Price in ICO 1 ELY = $0.08 to $0.12
Country Belize
Platform Ethereum
Website https://elycoin.io

Whitelist/KYC KYC & Whitelist
Restricted Areas USA, China, Canada, Iran, North Korea
Pre-Sale 21st May — 3rd June 2018
Public-Sale 4th June — 24th June 2018
Tokens for Sale: 230,000,000
Soft Cap 4,000,000 USD
Hard Cap 15,000,000 USD
Total Token Supply 1,000,000,000 ELY
Token Supply Breakdown Growth Pool — 35%
Reserve — 30%
ICO — 15%
Team — 10%
Private Sale and Pre-ICO — 4% each
Bounty and Referral — 1% Each
Bonus Private Event — 66.67% discount on ending ICO price.
Pre — ICO — 50% discount on ending ICO price.
ICO Phase 1–33% discount on ending ICO price
ICO Phase 2–16.67% discount on ending ICO price
ICO Phase 3–0 %

WHAT IS THE PROJECT ABOUT?
• Elysian is a decentralized platform that builds Ecommerce websites on the blockchain and uses innovative features such as upgraded security and unprecedented user experience to fix current flaws in the Ecommerce industry.
• The platform integrates blockchain technology to provide improved services in comparison to its competitors that do not operate on the blockchain.
• 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.

IDEA:
• Elysian is a decentralized Ecommerce platform to build websites on the blockchain with improved security and revolutionary user experience.
• The platform serves as an intermediary between Ecommerce businesses, which build their websites on our platform, and their targeted demographic of consumers.

PRODUCT PROTOTYPE:
• Elysian Dashboard and Voting MVP 1.0.1 will be launched on 21st May 2018.
• Elysian Mobile Wallet MVP will be launched on 14th June 2018.
• The platform website MVP will be launched on 21st June 2018.

WHITEPAPER HIGHLIGHTS:
• The implementation of Artificial Intelligence and Virtual Reality into the Ecommerce industry will provide efficient website navigation, revolutionary product visualization, and unparalleled consumer convenience.
• The integration of the Elysian token into the platform as a method of access to transactions provides entry into our ecosystem.
• Business to consumer (B2C) Ecommerce is a massive global market which, in 2017, surpassed $2 trillion in sales and is expected to have an annual growth rate of 9.9%. The number of worldwide digital buyers is projected to exceed 2 billion by 2021.
• Within the next four years, Ecommerce will encompass just over 15% of the total global retail sales market. The progressive increase in Ecommerce revenue and platform adoption in Asia is at a higher rate than any other part of the world.
• Elysian Ecommerce platform provide consumers with the freedom to utilize their cryptocurrency in any manner they choose.
• The progressive increase in Ecommerce revenue and platform adoption in Asia is at a higher rate than any other part of the world.
• The consumers in the cryptocurrency market are stuck in limbo with no solution, unless they want to go through the additional effort and pay the increasing fees of converting to fiat money. Elysian Ecommerce platform provide consumers with the freedom to utilize their cryptocurrency in any manner they choose.
• One of the more pressing concerns in the Ecommerce industry is the lack of trustworthy cyber security, primarily in the form of identity theft. The victims of identity theft are usually left oblivious to the situation until a further date, when they receive some sort of abnormal occurrence, usually in the form of a financial consequence.
• Elysian ecosystem are using Proof-of-Authority concept which will provide them with a private blockchain to store encrypted credit card information and other user data securely over a distributed network. All user data will be encrypted to the private key of its individual user, then distributed across the private network, providing no single point of access or failure for malicious actors.
• Elysian will host its Token Generation Event as an ERC-20 token on the public Ethereum blockchain. Upon completion of the TGE, all tokens will be converted on a 1:1 basis to a private Ethereum sidechain with Proof-of Authority consensus, reached by independent validators.
• A private chain will have many advantages over a public one, such as cheaper transactions, lower latencies and more control.
• Elysian will implement AI(Artificial Intelligence) to provide the ultimate user experience — convenience, simple website navigation, remembrance of items previously viewed, a renewed feeling of interpersonal interaction, and product customization.
• The Elysian AI will handle general tasks and information slightly more efficiently by providing more accurate, in-depth responses to user questions.
• Elysian focuses on specific answers and directions in a simple, fair way without the need to acquire user data. The insightful responses and transparency make the Elysian solution a lucrative option for both Ecommerce businesses and users.
• Vivid graphics and detailed descriptions of items on the Elysian platform will allow their business to connect both elements into one experience, to the point that it will be difficult to differentiate reality and virtual reality.
• The Elysian platform will give users an option to create their own virtual reality that will lead to the ultimate utopian Ecommerce experience.
• The Elysian ecosystem will serve as the gateway to a more efficient future, powered by the blockchain.
• Businesses will have access to a highly responsive and tech-savvy consumer market through the Elysian platform and ecosystem.

HYPE:
• 27.3K telegram users (Increasing rapidly), 2.2 K followers on Twitter and 757 Facebook Followers.
• They have got 35.4K views for their promotional video
• 4.6 ratings as per ICO bench, 5.0 — trackico and 4.26 — icoholder.

LONG TERM
• The project will launch its platform in early 2019, using its own Ecommerce store as a beta test for the platform to verify its credibility.
• Their long term goal is to represent 1% of the global Ecommerce websites.
• The Elysian ecosystem serves as the gateway to the future of Ecommerce, in which the potential for expansion is so high with the implementation of technological advancements that the growth may become hyperbolic
• The integration of the Elysian platform into the Ecommerce industry at the infancy of the technological revolution serves as a planted seed to provide the capability to control a substantial portion of the industry in the future.

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KOINASCENT
KOINASCENT

Written by KOINASCENT

Decentralized Cryptocurrency Exchange | DeFi | Bitcoin | Ethereum | Token Trading | Buy Gold and Diamonds with Crypto |

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