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Ratings Elysian

A Blockchain Ecommerce Platform to Build Websites

Elysian is a decentralized Ecommerce platform to build websites on the blockchain with improved security and revolutionary user experience. Customer data storage becomes more secure, and users are able to actively engage in platform or website navigation through the implementation of aesthetically pleasing technological advancements such as Artificial Intelligence and Virtual Reality. The platform serves as an intermediary between Ecommerce businesses, which build their websites on our platform, and their targeted demographic of consumers.

4.3
27 26 expert ratings
Benchy 3.9
KYC
Experts
4.5
4.5
4.2
Review: coming soon PRO
~$7,000,000
value of tokens sold in ICO
Ended
Token
ELY
Type
Price in preICO
1 ELY = 0.06 USD
Price in ICO
0.1200 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China, Canada, Iran, North Korea
preICO start
4th Jun 2018
preICO end
17th Jun 2018
ICO start
18th Jun 2018
ICO end
8th Jul 2018
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Vladimir Nikitin

Rated on Apr 20, 2018
5
5
4
3%
This rating's weight is reduced by 50% as there is no review added.
Ong Jun Hao
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert
Rated on Jul 2, 2018
Modified on Oct 4, 2018
3
3
4
6%

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.

+2Agree
0
-2Disagree
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Nathan Christian
Blockchain Technology Consultant
Rated on Jun 24, 2018
Modified on Jun 24, 2018
5
5
4
6%

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.

+2Agree
+2
Disagree
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Mofassair Hossain
CEO and Founder Perhalic, ICO and IEO Advisor, Investor, PR and Marketing Expert
Rated on Apr 18, 2018
5
5
5
6%

Great team ..... advisory board looks strong ....

+3Agree
0
-3Disagree
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Ian Scarffe
Blockchain Consultant, Advisor, Consultant. European Commission - Horizon 2020
Rated on May 24, 2018
5
4
5
5%

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

+26Agree
+26
Disagree
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Nikolay Shkilev
PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Apr 16, 2018
5
5
5
3%
This rating's weight is reduced by 50% as there is no review added.
Conston Taylor
ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on Jun 10, 2018
Modified on Jun 10, 2018
4
4
4
5%

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.

+2Agree
+2
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Aly Madhavji
Award-Winning Author | Tech Entrepreneur | Investor | UN Consultant | Schwarzman Scholar | Senior Blockchain Fellow INSEAD
Rated on Jun 22, 2018
4
5
4
5%

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.

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0
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Brian Condenanza

Rated on Jun 22, 2018
5
4
4
5%

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.

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0
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Shaf Madina Zaman
Founder - Crypto Society, ICO Advisor, Marketing Consultant, DayTrader, BlockChain Enthusiast,
Rated on Apr 17, 2018
5
5
5
4%

Looking forward to this ico

+1Agree
+1
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Tinh Tran
ICO Advisor | ICO Communications Expert
Rated on May 30, 2018
5
5
4
4%

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.

+3Agree
0
-3Disagree
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Eleftherios Jerry Floros
ICO Advisor | Investor | Analyst | CEO - MoneyDrome Edge - London
Rated on Jun 27, 2018
Modified on Aug 22, 2018
5
5
5
4%

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.

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0
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John Papadopoulos
Crypto-currency enthusiast, Miner, ICO analyst, Angel investor, ICO investor,Strategist
Rated on Jun 24, 2018
4
4
3
4%

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.
*Disclaimer*
This is by no means a financial advice. As always please apply due diligence.

+2Agree
+2
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Alexander Mitrovich
Managing Partner, Usetech.com
Rated on Jun 26, 2018
4
4
4
3%

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.

+1Agree
+1
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Ruben Cisternino
Business Development, ICO Advisor
Rated on May 23, 2018
4
5
4
3%

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.

+2Agree
+2
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Jun Ahn
Advisor | Consultant | PR and Communications | Data Analyst
Rated on Jul 5, 2018
Modified on Jul 5, 2018
4
4
4
3%

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.

+2Agree
+2
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Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Jun 1, 2018
5
5
4
3%

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.

+2Agree
+1
-1Disagree
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Eugene Podkovyroff
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor
Rated on Apr 28, 2018
5
5
4
2%

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.

UPDATE 28.04.2018
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.

+2Agree
+2
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Scott Brown
Senior Technology Executive, ICO Advisor, CryptoCurrency Enthusiast, Investor
Rated on Jun 5, 2018
4
4
3
2%

Team:
- 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.

+2Agree
+2
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VAKEESAN MAHALINGAM
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
Rated on May 28, 2018
4
4
3
2%

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.



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Jesse BrandenburgICO team member replied on 29 May 2018
Hello Vakeesan,

Thanks for your feedback. The first viewable MVP will be provided below, with two more to follow on June 4th:
https://elycoin.io/mvp-mobile-wallet

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:
https://medium.com/@Elysian_Ely/what-is-proof-of-authority-6c8a08397311

Hope this properly addresses your concerns.

Regards,

Jesse
Robert Laguna
Operations | Blockchain | Fintech | Startups | Crypto Enthusiast
Rated on Jul 1, 2018
5
4
4
2%

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.

+1Agree
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Reda Rahal SABIR
CO-founder of GAINS Associates - ICO Advisor - Cybersecurity Expert
Rated on May 18, 2018
5
5
4
1%

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.

+1Agree
+1
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Stephen Drew

Rated on Jun 29, 2018
5
5
4
1%



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.

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Timothy Mayeur

Rated on Jun 29, 2018
Modified on Jun 29, 2018
5
4
3
1%

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.

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0
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Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on Jul 4, 2018
5
5
5
1%

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!

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0
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Floyd DCosta
Management Consultant - Blockchain Technology | Co-founder @BlockArmour, @BlockchainWorx | Advisor, Chief Blockchain Officer @GBX
Rated on Jun 5, 2018
5
5
4
1%

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

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0
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Benchy
ICO analyzer bot
3.9
14%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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