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eLYQD — Global Blockchain Platform for Universal Brands of e-Liquids

About eLYQD

eLYQD is a market platform designed to allow anyone to create an online store that will use the most advanced technologies in the field of e-commerce, including the ability to pay for eLYQD cryptocurrence and eToken voucher products.

Our goal is to connect e-liquid manufacturers around the world and provide businesses with the tools they need to launch a single platform in the global marketplace with minimal transaction fees and no financial boundaries, middlemen or bureaucratic routine boring. We will unite manufacturers to create our own economic 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 enjoy the significant benefits of platform design and technical properties: privacy, freedom and reduced costs.

One of the key features of eLYQD is the use of blockchain technology, which makes the platform transparent, open and as secure as possible for both transactions, reduces business and commercial costs, and simplifies the process. purchasing process.
Sources: Twitter @elyqdcom
Business Model

eLYQD is a platform created for buyers and sellers around the world. With an easy-to-use online platform, any manufacturer can create their own showcase to sell their products, while using the platform’s vast array of features at minimal cost.
Our service offers great opportunities for independent contractors, small manufacturers, multinational companies, including a selection of tools for direct customer feedback, accounting, sales analysis, advertising and promotion, as well as a convenient and user-friendly interface.

ELYQD’s revenue model differs fundamentally from that of traditional e-commerce platforms. Traditional e-commerce platforms usually charge a fixed price on the selling price, sometimes in combination with commission fees. Buyers may also have to pay fees to PayPal or other payment processing solutions.

Vision

The eLYQD market will increase the effectiveness of all commercial interactions by freeing them from all kinds of intermediaries and making these interactions immediate, transparent, safe and mutually beneficial. This vision will be achieved by creating a decentralized ecosystem based on the fast blockchain and by organizing user interactions on the basis of peer-to-peer. The eLYQD ecosystem will be used by mass consumers and product manufacturers around the world.
Such a direct consumer market (D2C) has significant advantages over centralized platforms in terms of freedom, confidentiality and cost. It can never be stopped, can never disconnect and SEO information can not be lost. Users remain private, if they wish. eLYQD can never be censored, and users can not be prevented from buying or selling.
  1. BLOCKCHAIN
    Distributed Blockchain ensures complete transparency and verification of every transaction, including the product’s detailed characteristics, its pricing structure, the relevant circumstances of the sale, as well as the deemed profiles of the parties to the sale. The eLYQD ecosystem will be deployed on the Ethereum platform.
  2. EQUALS
    The principle of peer-to-peer interaction within eLYQD will allow all participants to interact directly. This removes the costs associated with intermediaries. The price of a product or service will be passed on to the manufacturer in its entirety. The final price of a product will contain only real production costs and a fair margin.
  3. ELYQD UTILITY TOKEN
    Payments within the eLYQD ecosystem will be made in the crypto-tokens-LYQD, ERC20 systems. The function of the token will reward users for active use of the ecosystem and contributions to its development (rewards include several types of crypto-returns, loyalty, promotions).
  4. ARBITRATION
    In the event of a dispute between the buyer and the seller, an arbitration service is available. We encourage sellers to choose an arbitrator as this increases the level of buyer confidence and the likelihood that purchases will be made. If both parties dispute a transaction, the seller will pay the arbitrator on the escrow funds. For buyers, arbitration is always free.
  5. REPUTATION SYSTEM
    Each seller and buyer will have a reputation rating derived from his conduct during each transaction. Users with a low or negative reputation score can be filtered to protect other users from fraud and loss of time. This reputation system will encourage merchants and legitimate customers to act honestly and build a solid reputation.
  6. FIAT PAYMENTS
    Ether, like all cryptocurrencies, is volatile, changing in value daily, compared to national currencies like the dollar and the euro. eLYQD will develop an integrated payment system that functions like the ether, but converted into currency in a ratio of 1: 1. Finally, items can be billed in a national currency, and you will know exactly how much you are spending or getting paid.
Payments are processed without the interaction of centralized payment platforms and, therefore, make the whole experience easy, cost-effective and transparent.

Token info

Token = LYQD
Platform = Ethereum
Type = ERC20
PreICO price 1 LYQD = 0.0024 USD
Price in ICO 1 LYQD = 0.0024 USD

Investment Info
Min. investment = 0.1 ETH
Accepting = 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 ERC20 exchangeable ELYQD tokens on the Ethereum network. Whenever the ELYQD blockchain is launched with its own token mechanism, the ERC20 token will be always accepted for exchange to a new token 1-to-1.

Roadmap

Listed below are a few of the upcoming milestones of the eLYQD project.

Q1 2018
An idea is born. A decentralized marketplace exclusively for the vaping industry
Bringing some serious change through our direct to consumer marketplace

Q3 2018
Funding for development
Launch of the marketplace via sale of LYQD tokens

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

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

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

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

The eLYQD team is unique in that it combines the deep vaping industry and the fintech experience with blockchain and software expertise. Crowdsale of ELYQD is a natural continuation of the team’s long-term vision of providing a friction-free, high-quality, low-cost vaping experience for everyone, everywhere.
More Information:


Author by bitcointalk forum username: nakamaye
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1912512
My wallet addres: 0xaabE94FfEe84CbE596bBbda433D665238C1E8329

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