Elysian - The Future of Ecommerce

By: Adinda Sinty

Today there are so many Projects that hold ICO or Initial Coin Offering. ICO is one way to accelerate the introduction of projects to the Society as well as to seek Fund for a project.

With so many ICOs being held, investors are often disappointed because ICO is not successful, failing in sales or even scam. This is what causes investors to be confused to get the best ICO.

And sometimes investors have to review the project they want to Invest by reading their website and whitepaper to get the Project that will really grow / useful in the future. This is the one that is not profitable for investors because now a lot of ICO who came, even within 1 week alone can appear 10 ICO even more.

And that's what makes investors confused and wasted a lot of time. But I have made the solution of all that, I create a website ICO Analysis aims to help the Investors find the Project they want.

I will analyze the whole project thoroughly from Team, Product, Partnership, Economic Token Etc.

And on this occasion, ICO Analysis will discuss Elysian Project. I gave the value of this Elysian Project 98% of 100%.

About Elysian

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 use the Proof-of-Authority algorithm on its platform. Proof-of-Authority consensus will provide the Elysian ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network, which will build trust between Ecommerce businesses and consumers. In addition, user experience faces a drastic transformation by implementing artificial intelligence and virtual reality to create simple, efficient website navigation and aesthetically pleasing graphics for users to provide the ultimate experience.

The Rise Of Cryptocurrencies

While the cryptocurrency market is establishing itself in the world of speculative trading, it has not yet been widely accepted as a viable transaction method for goods and services. Undoubtedly, one of the most common questions beginners ask is, “How can I use my cryptocurrency aside from trading on an exchange?” Until now, few retailers and distributors, including the major Ecommerce giants, have offered a practical solution. As a result, 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. This is precisely why the Elysian Ecommerce platform is needed, to provide consumers with the freedom to utilize their cryptocurrency in any manner they choose.
As it stands now, in the absence of an Ecommerce company that accepts cryptocurrency in exchange for products and services, people are still required to transact using fiat currency. The original design of the Bitcoin cryptocurrency was to bypass centralized monetary systems and enact true, peer-to-peer transactions. Nowhere in Satoshi’s landmark white paper did it state that Bitcoin was to be a purely speculative investment; yet, that is precisely what it has become.

While the volatility is a positive for speculative investors, it is also causing more hesitancy on the part of consumers to use it as a reliable fiat currency alternative. Unfortunately, the cryptocurrency craze has attracted too many ICO startups whose intentions are focused solely on watching their valuation being pushed to the pinnacle by the speculators. Often, there is no other utility outside of their cryptocurrency merely being a way to inflate their bank accounts.

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