Hello friends…!!! I thank you for the willingness to visit my Blog site. Here I will discuss the blockchain project called eLYQD , so for more I will explain what eLYQD is
Preliminary
eLYQD is a market platform designed to enable anyone to create an online store that will leverage the most advanced technology in the field of e-commerce, including the option to pay for vaping products with cryptocurrency and eLYQD tokens.Our goal is to connect e-liquid manufacturers around the world and supply businesses with the tools necessary to launch a one-of-a-one platform into the global market with minimal transaction costs and no financial limits, bureaucratic intermediaries or irritating routines. We will bring manufacturers together to create our economical crypto-commerce that will bring e-commerce to a new level.
eLYQD is a fully decentralized e-commerce market where everyone can buy and sell vaping products, and benefit from significant advantages of platform design and technical properties: much less privacy, freedom, and cost.
One of the key features of eLYQD is the use of blockchain technology, which enables the creation of transparent, open and secure platforms for both parties of transactions, reduction of transaction and business costs, and simplifies the buying process.
ELYQD business model
eLYQD is a platform created for buyers and sellers from around the world. With an easy-to-use online platform, any manufacturer can create its own storefront to sell their products, while utilizing a variety of platform features at minimal cost.Our services offer great opportunities for self-employed entrepreneurs, small-scale producers, multinational businesses, including a choice of tools for direct customer feedback, bookkeeping, sales analysis, advertising and promotion, and easy-to-use user interfaces
ELYQD's revenue model differs fundamentally from traditional e-commerce platforms. Traditional e-commerce platforms typically charge a fixed fee on the sale price, sometimes combined with commission fees. Buyers also have to pay fees to PayPal or other payment processing solutions.
ELYQD UTILITY TOKEN
Payments in the eLYQD ecosystem will affect the crypto-token system - LYQD, ERC20-compliant. The token function is to reward users for the ecosystem's active use and contribution to its development (rewards include some types of crypto-payback, loyalty, promotion).ARBITRASE
In the case of disputes between the buyer and the seller, the arbitration service is available. We encourage sellers to choose arbitrators, as this increases the trust level for buyers and also the possibility of a purchase will be made. If both parties disputed the transaction, the seller will pay the arbitrator of the deposited funds. For buyers, arbitration is always free.REPUTATION SYSTEM
Each seller and buyer will have a reputation rating derived from their behavior during each transaction. Users with low or negative reputation scores can be filtered, to protect other users from fraud and waste time. This reputation system will encourage legitimate traders and customers to act honestly and build a solid reputation.FIAT PAYMENT
Ether, like all cryptocurrencies, is volatile, changing its value every day, relative to national currencies like dollars and euros. eLYQD will develop an integrated payment system that works like an ether, but converts to a currency with a ratio of 1: 1. Finally, the item can be priced in the national currency, and you'll know exactly how much you spend or paid.ECOSYSTEM CRYPTOCOMMERCE
In the eLYQD ecosystem, brands, consumers, arbiter, distributors and senders interact with each other. Transactions are supported by eLYQD and therefore they are fast, secure and transparent. No intermediaries are required in the traditional vaping ecosystem. eLYQD will retain all values generated by communities within the ecosystem.
Info Token
Token = LYQDPlatform = Ethereum
Type = ERC20
PreICO price 1 LYQD = 0.0024 USD
Price in ICO 1 LYQD = 0.0024 USD
Investment info
Min. investment = 0.1 ETHReceive = ETH
Distributed in ICO = 60%
Soft cap = 2,000,000 USD
Hard cap = 15,000,000 USD
After the ICO period, all contributors will receive an exchangeable eLYQD token in the Ethereum network. Each time the eLYQD blockchain is launched with its own token mechanism, the ERC20 token will always be accepted in exchange for the new 1-to-1 tokens.
Roadmap
Below are some of the upcoming milestones of the eLYQD project.
Q1 2018
An idea was born. Decentralized markets are specific to the vaping industry.Bringing serious changes through our direct market to the consumer market
Q3 2018
Funding for developmentMarket launch through the sale of eLYQD tokens
Q1 2019
Development of alpha versions of market testingAll connections are made through HTTPS
Escrow & Arbitrage smart contract
Universal search bar
Blockchain blocking system
Free, upload private pictures
No chat system
encrypted x2 Geth and cache caching
Q2 2019
Blockchain caching systemFree, private image upload
unencrypted chat system
beta General testing
Localization in 20 languages
Error reporting system
Integration status.im
Web version & system filtering
imported theme system
Shipping provider integration
Q3 2019
Escrow application & arbitration providerimported theme system
Naming system, GIS & nametags
System Reputation
Shipping provider integration
Variable and low-cost gas costs
Reputation system
Mobile app for iOS and Android
additional shipping integration provider
storefront system
upload Bulk inventory
Q4 2019
Live desktop app for escrow and arbitrationLive Status.im app
Live web version
Integrated system encrypted chat system
filtering
The cost of gas is safe and low Variable
Complete Geth and caching network nodes
System
bulk Inventory boost Upload
Additional languages
Fiat payment system
Team
For more information:
Website: https://www.elyqd.world/#icoWhite paper: 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
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Eth Address : 0x25301592D754301cCb878707Be589a8D7c820FA8
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