ELYQD A Decentralized Vaping Industry Marketplace - cryptocurrency world

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Monday, October 15, 2018

ELYQD A Decentralized Vaping Industry Marketplace

One of the main features of eLYQD is the use of blockchain technology, which allows making the platform transparent, open and as safe as possible for both transaction parties, reduction of transaction and business costs, and simplifying of the purchase process.

Official Youtube Presentation



What Is Elyqd?

eLYQD is a blockchain-based marketplace platform with a design that allows the creation of an online e-commerce store with the option to trade in vaping products using cryptocurrencies and the eLYQD tokens. The aim is to connect the e-cigarette and e-liquid manufacturers to a worldwide demand market while also growing the business using necessary tools and a one-of-a-kind platform. The fully decentralized e-commerce market will allow any user to buy and sell their vaping products and experience the added benefit of the platform’s design such as freedom, slower fees, and privacy.



About eLYQD

According to the latest data, the current number of unique active users of cryptocurrency wallets is estimated to be about 6 million. Thus, the application of cryptocurrency becomes an important issue.
eLYQD is a marketplace platform designed to allow anyone to create an online store that will make good use of the most advanced technologies in the e-commerce field, including the option to pay for vaping products with cryptocurrencies and eLYQD tokens.
Our aim is to connect e-liquid manufacturers all over the world and supply businesses with the necessary tools for launching a one-of-akind platform to the global market with minimal transaction fees and without any financial borders, intermediaries or annoying bureaucratic routine. We will unite manufacturers in order to create our own economical crypto-commerce that will take e-commerce to a new level.
eLYQD is a fully decentralized e-commerce marketplace where everyone can buy and sell vaping products,and benefit from the significant advantages of the platform’s design and technical properties: privacy, freedom, and much lower costs.

Activity

Elyqd Advantages

The eLYQD marketplace hopes to solve the e-commerce problems affecting the relevant participants. Consequently, this could have the following positive repercussion to the parties.

Manufacturers

Access to a global market
Opportunity to trade in various goods without the need for intermediary retailers
Large online clientele
Ability to cross-market without changing platforms
Immediate and authentic customer feedback
Reduction in the marketing cost
There is the convenience in payments with regards to speed, safety and freedom of transactions.

Consumers

Low fees for buying the vaping products
Access to wide variety of product sellers
Extensive and easy-to-use service
Security of personal details during transactions
Competitive pricing with the international marketplace
A transparent and decentralized review system for reputation rating
LYQD Token ICO Details
Pre-ICO: July 1st, 2018 — July 8th, 2018
ICO Crowdsale: July 9th, 2018 — September 30th, 2018

Parameters Of The ICO

Ticker- LYQD
Platform- Ethereum
Type- ERC20
Accepts- ETH
Price- 1 LYQD=$0.007
Token supply- 100,000,000,000

Token Allocation

Crowdsale- 60%
Founders and Team- 17%
User incentives- 3%
Reserve funds- 5%
Pre-ICO Sale- 10%
Bounty and airdrop- Advisors- 2%


Elyqd Conclusion

Dabbling in blockchain and cryptocurrency, in particular, is becoming the next craze for most startups, and the e-cigarettes industry is an example of an upcoming sector that could benefit from the innovation. Still, for ventures such as ELYQD, the vaping market remains a competitive scene, and there is plenty they need to work on before they can experience any success.

Milestones

Q1 2018

An idea is born. A decentralized marketplace exclusively for the vaping industry
 Bringing some serious change through our direct to consumer marketplace

2:Q3 2018

Funding for development
 Launch of the marketplace via sale of LYQD tokens

3: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

4: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

5: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

6: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

Team



Advisors



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Bitcoin User Name:Mary Laura


ETH :0x35fedB6E70817f046D7AaB2c2bd6ac6129B80f4B

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