eLYQD: A WORLDWIDE VAPING PRODUCTS MARKETPLACE
eLYQD is a marketplace that is focused on creating a condusive atmosphere for every individual worldwide to create an online store utilizing the most advanced ecommerce technologies, including the capacity to pay for vaping products with crypto currencies and eLYQD tokens.
Been built on the blockchain implies that eLYQD is a completely decentralized and transparent e-commerce marketplace where anyone can purchase and sell Vaping products. It is envisioned that users of the platform will benefit from the advantages embedded in it such as: maximum information protection, freedom to sell, buy and low cost of transaction etc.
eLYQD is a platform for buyers and sellers from around the globe. With an easy-to-use online platform, each manufacturer can use their own store to sell their products, utilizing the base fees for a wide range of platform features. This service provides excellent opportunities for sole proprietors, little producers, multinationals, including a set of instruments for direct feedback with clients, bookkeeping, sales examination, advertising and advancement, and also a convenient, user-friendly interface revenue model eLYQD is fundamentally different than the model of conventional ecommerce platforms.
The peer-to-peer principle of interaction inside eLYQD permits all members a direct interaction. This eliminates the expenses associated with the reseller. The price of the item or service is transferred to the manufacturer. The eLYQD payment system is implemented in its ERC20-compatible crypto-token LYQD system. The token feature rewards users actively utilizing the ecosystem and adding to its development (rewards include different types of crypto-repayment, dependability, advancements).
Ethereum is unstable and is changing every day against national currency like the dollar and the euro. eLYQD needs to develop an integrated payment system that functions as an ether. There is no need for intermediaries that exist in conventional ecosystems. eLYQD needs to retain all the value created by the network in the ecosystem. Below are some of the problems:
Expensive pull product range
Unecesaary Cross-border payments for vaping products
Hectic Payment Verification or denial
Record keeping and security issues
Cases of Fraud
eLYQD PROFFERED SOLUTION
eLYQD market intends increase the efficiency of all business interactions, freeing them from all intermediaries and making them immediate, transparent, secure and commonly beneficial. This vision is achieved by creating a decentralized ecosystem with a nearly square and network based user-based peer-to-peer network. The ELYQD ecosystem needs to be used by mass consumers and item manufacturers from around the globe.
eLYQD blockchain will facilitate immediate store transfer into escrow accounts. All constituents can manage escrow accounts through savvy contracts.
The eLYQD recordkeeping application will take into consideration simplified electronic record creation and store this information on a decentralized anonymized network that is altogether harder to hack and leak.
The initial coin offering is ongoing, the soft cap is already reached. eLYQD token is an ERC20 compatible token as such requires ERC20 wallet for storage of the token.
Token Name: LYQD
Platform – ERC-20
The cost of tokens Pre-ICO – 1 LYQD = 0.0024 USD
The price of a token ICO – 1 LYQD = 0.0024 USD
Soft Cap – $ 2,000,000
Hard Cap – 15,000,000 USD
I can conlude by saying that that eLYQD project focused on connecting ecommerce manufacturers worldwide and provide them with the tools needed to deliver the unique platform to the global marketplace with minimal transaction fees and middlemen. I advise all Crypto enthusiasts, E-commerce persons to check out this interesting project.
Find more information here:
ANN thread: https://bitcointalk.org/index.php?topic=4526862.0
AUTHORS BTT URL: https://bitcointalk.org/index.php?action=profile;u=2007259