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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 Blockchain Launch Experts
Rated on Apr 20, 2018
Rated on Jun 24, 2018
Modified on Jun 24, 2018
Experienced team and advisors. Tokenomics and WP well thought out. Long term vision. Social is very active. I like many parts to this project. Hard cap looks possible. I think they will have a success.
Rated on Apr 16, 2018
Rated on Apr 18, 2018
Great team ..... advisory board looks strong ....
Rated on May 30, 2018
Team: Good team
Vision: Great as this is among the first idea to build eCommerce websites on blockchain technology. Eager to see its real demos for testing.
Product: Interesting but need to see its demo to verify.
Rated on Jun 7, 2018
Modified on Jun 7, 2018
Good team. Ecom platform to build websites is a less innovative, but more utilitarian product. It will soon have more competition on similar lines. Good differentiators, strong marketing and continued success can keep this alive longer. We have seen many products in this niche make a big splash and disappear out of sight in a year. All the best.
Rated on Jun 22, 2018
Quite a strong team and advisors with a long-term vision, and a good idea. I look forward to seeing how this progresses according to the milestones. Would be great to see more progress on the product.
Rated on Jun 22, 2018
Very interesting product and vision. Very experience team. They have very realistic ideas and from my own experience with eCommerce, I can say that this would be a great solution to a fast growing industry.
Rated on May 27, 2018
In my opinion I like this project. I think it has a lot of promise. Team/advisors look strong and promising field. Look forward to one year from now to see how much this project has progressed.
*Please see my profile for disclosures
Rated on Jun 1, 2018
There are a lot of work being done on crypto currencies and its integration with blockchain technologies. But with Elysian, the focus is to keep the costs low and it speaks of the strength of the platform that it has been able to find application in some very traditional fields. Something that is not very easy to do considering the very nature of folks that are involved in the field.
Rated on May 24, 2018
A very interesting and useful idea. This is also being backed up by a very strong team, and they have a very good and realistic vision in place too. Keep up the good work
Rated on Apr 28, 2018
Very promising project.
Currently I see very little or almost no flaws in this project and here comes the rates.
We are conducting a full research for our investment club purposes, the rates may change later.
During the research, we failed to find some essential data and calculations for a business model and better tokenomics explanation (I mean real tokenomics, not just distribution and allocation figures). It is still not a huge concern, but more of a space for improvement.
Rated on Jun 10, 2018
Modified on Jun 10, 2018
I like the idea of integrating ecommerce with blockchain. Not sure why the have a fashion designer on the team that is reltaed to websites/blockchain.
Would like to see a prototype or MVP.
This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
Rated on Jul 2, 2018
Modified on Jul 12, 2018
A lot of hype on this project. Team is looking pretty decent. Elysian is a decentralized Ecommerce platform to build websites on the blockchain with improved security and revolutionary user experience. Really interesting idea.
Rated on Apr 17, 2018
Looking forward to this ico
Rated on May 28, 2018
strong team, potential to be a game changer. I'm thinking shopify with VR capabilities.
That being said, the TGE event is premature, where is the MVP?, and the roadmap for full integration extends all the way out to 2024.
The tokenomics are reasonable but i feel that there should be more than just an idea.
Data storage on the blockchain is also a difficult task without a proper scalability solution for Ethereum and interoperability may be another future issue.
I like the premise behind the project and will be keeping tabs on it, but i wish the there was more progress on the roadmap at this stage.
Thanks for your feedback. The first viewable MVP will be provided below, with two more to follow on June 4th:
As far as the roadmap is concerned, the only aspect that reaches out to 2024 is our projected Ecommerce market share in 2024. The actual AI and VR integration will be implemented by 2021 at the absolute latest, and the reason we put those dates in the roadmap for AI/VR is to give a fair time frame to the public so that, if anything, we can accomplish our roadmap milestones ahead of schedule instead of behind schedule. It is very likely that we will be ahead of schedule, also because of our recent partnership with Cappasity to integrate their VR technology for 3D virtual views of products in merchants' stores on our platform.
Regarding data storage, I would encourage you to read our article on the Proof-of-Authority consensus mechanism:
Hope this properly addresses your concerns.
Rated on Jun 19, 2018
As I see it, Elysian is one of these projects that aim to bring cryptocurrency mass adoption closer to reality. After all, this is what we all aim for, right?
Their token,Elycoin, is a utility token. As expected, it is the primary method of payment on the Elysian platform and can be atomically swapped with other tokens as well. It is also integrated into the Elysian Growth Pool to reward community members that perform tasks that can improve the project, which is useful in engaging the community.
They also have some partnerships already established, so the project is very promising.
Rated on Jul 4, 2018
Convincing team and experienced advisers. The project targets an attractive niche and has clear potential. A lot of SM activity, additional plus.
The best of luck and success!
Rated on Jun 5, 2018
- CEO has run other companies in the past.
- CFO present to manage funds ++
Facets to explore:
- Unclear where the team expertise in ecommerce came from
Product / Vision:
- Certainly the industry needs more security, and smartcontracts can facilitate performance based efficiencies. First to market solutions in ecommerce will be well positioned to be acquired by behemoths wanting a fast path to market
Facets to explore:
- Not 100% clear to me how this platform is going to stand out and compete uniquely against the competition, like to understand more clearly the edge.
- The system is billed as decentralized, but it is implemented as POA private sidechain, so in fact a centralized infrastructure. Blockchain does provide secure mechanisms, but it is under Elysians central control. This is a legitimate architecture, just could be construed as misleading.
- VR and AI are interesting buzz words and will come to the industry quite quickly through large ecommerce platforms like Amazon. What about Elysian enables them to compete here against Amazon, Apple, Microsoft?
- Not sufficiently clear how Elysian will be exposed technically to partners / software integrating into the ecosystem.
Notice: I do not provide investment advice. Please see my profile for important disclosures.
Rated on Jun 26, 2018
Very good project across the board. Team presented is light on the technical side (CTO is a developer), but it looks like that do have a real team behind the idea and the product, MVP looks good.
Rated on Jun 29, 2018
Modified on Jun 29, 2018
Ecommerce is near and dear to my heart having worked in the industry for 10+ years. Seems to be good UX/Design focus but would love to see talent on the team from their competition (i.e. Woo, Magento or Shopify) because there appears to be big gaps in the product vision. Want to know how their solution will stack up against the competition for more than just storage & security. There's A LOT more to an Ecommerce platform than the points they decided to compare against. I'm sure Elysian will reach the cap because of the heavy hitting advisors on the team.
Rated on Jun 24, 2018
The team seems to have some prior experience with projects.
There are some interesting features like VR but the correlation of them with the project is questionable.
The validation process is not fully decentralized as the whitepaper mentions that the team may interfere with the validation process.
Proof of authority has not yet been established in big projects and it is technically in experimental stage.
The vision of the project is overall good, but I think there are some aspects which need revising.
This is by no means a financial advice. As always please apply due diligence.
Rated on Jul 1, 2018
Ecommerce is an ever evolving industry that more and more people are using in everyday life. From stating own businesses to shopping for products and services.
With the integration of AI , VR, transparency, safety, etc., blockchain will build trust to connect individuals globally.
The Elysian core team and advisors are diverse to help on many levels. I do see some competition from new players entering the game, but if the product is solid, which it seems that it is, Elysian can be an industry leader in this segment if the milestones are met. Good project all around.
Rated on May 23, 2018
There is little doubt that e-commerce and online marketplaces have still great room to grow in the coming years. Blockchain technology can be the natural evolution for companies involved in this business and Elysian seems to be developing a great platform featuring AI and VR tools together with the possibility to implement atomic swaps between cryptocurrencies. In details, security and privacy are "hot topics" lately and implementing a private blockchain to handle data from customers probably will become common practice in the future.
The great plus of this project is the Growth Pool (35% of created Tokens) that will be used to build up the community that will be needed for the success of the marketplace and will be also crucial for the implementation of the Proof-of-Authority algorithm.
The core team seems adequate, covers all functions and is also supported by a number of very experienced Advisors. Still, since in the long run the competition will be represented by Blu-Chip companies, more experience in big global companies maybe will be required.
The very long Roadmap that will see the implementation of VR only in Q3 2021 will likely affect the valuation of the project in terms of price and volatility.
Rated on Jun 27, 2018
Modified on Jun 27, 2018
Very interesting project with great potential to disrupt the global e-commerce market, however the roadmap until 2024 is very drawn out and a lot can happen in that time because artificial intelligence and blockchain technology is nascent but accelerating rapidly. Another matter to be considered is that e-commerce giants like Amazon are not going to sit on the sidelines and wait for hot startups to gain market share by using advanced technologies such as artificial intelligence, blockchain and AR/VR, most probably Amazon (and others) are already developing their own innovative blockchain/DLT technologies that in all likelihood will be implemented much faster and more efficiently.
The team and advisors appear to be of high calibrate and very experienced, some are less suited (for example the fashion background), however a diversified team could be part of bigger product offering that may include fashion at some point in time.
Combined the team, vision and product look very promising and therefore the highest 5 star rating for Elysian.
Rated on Jul 5, 2018
Modified on Jul 5, 2018
The team is good and recognizable with experienced advisors. Has the resources and the long-term vision for the project. Active in both online and offline marketing is a plus.
Rated on Jun 5, 2018
An excellent concept giving business a platform to deploy their ecommerce offerings atop a decentralized network.
Interesting to note the Proof-of-Authority consensus mechanism.
Comprehensive and well rounded core and advisory team.
I'd love to explore the beta wallet when released
Rated on Jun 29, 2018
This rating was based on the information available at the time of the evaluation. This is not a recommendation to invest in this or any other ICO. Please do your own research.
Rated on May 18, 2018
Good team and good product. This kind of project is very needed and will be useful for making cryptocurrencies mainstream. Have also an MVP.
However, there's a small competition.
Rated on Jun 26, 2018
An especially attracting and practical idea. The team involved seems very strong and experienced. The vision they share for the future is realistic. I'll be keeping my eye on this and I will most likely be investing myself.
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TeamApply as an advisor
Leo Ameri (Ramin)
CEO & Founder
CTO / Lead Developer
Head of Strategic Partnerships
Senior UI/UX Designer
Business Strategy Advisor
Private Event - 66.67% discount on ending ICO price. Pre-TGE - 50% discount on ending ICO price. TGE phase 1 - 33% discount on ending ICO price TGE phase 2 - 16.67% discount on ending ICO price TGE phase 3 - ending ICO price.
The Elysian concept is born
The concept is in development
The Elysian Private Event begins, followed shortly thereafter by the Elysian TGE
Team Expansion; Launch of the official Desktop Wallet (Windows, Linux & Mac)
Launch of the official Mobile Wallet (iOS & Android)
Private blockchain implementation for data storage
Launch of the official Elysian Merch Program
Launch of the official Elysian Platform
Atomic Swap integration into the Elysian Ecommerce platform
Expand the range of altcoins accepted on the Elysian platform
Opening of a Strategic Office in Europe
Opening of a Strategic Office in Asia
AI integration into the Ecommerce platform
VR integration into the Ecommerce platform
1% of the global Ecommerce websites start using the Elysian platform