eLYQD - a market platform that allows anyone to create online stores

eLYQD is a market platform that allows anyone to create an online store, including the option to pay for vaping products with crypto currencies and eLYQD tokens, which will benefit from the most advanced technologies in e-commerce.

Our goal is to supply the tools necessary to connect and operate e-liquid manufacturers around the world, to launch a one-of-a-kind platform to the global marketplace, with minimal transaction fees and financial limits, without intermediaries or annoying bureaucratic routines. We will bring the producers together to create our own economic crypto trade that will bring e-commerce to a new level.

eLYQD is a completely decentralized ecommerce market where everyone can buy and sell vaping products and take advantage of the platform's design and technical advantages: privacy, freedom and much lower costs.

One of the key features of ELYQD is the use of blockchain technology, which enables the platform to be transparent, open and secure for both the transaction side and for reducing transaction and business costs and simplifying the procurement process.

Business model

eLYQD is a platform for buyers and sellers all over the world. With an easy-to-use online platform, any manufacturer can take advantage of a broad range of platform features at a minimum cost by creating their own stores to sell their products.

Our service offers excellent opportunities for freelancers, small-scale manufacturers, multinational companies to have a convenient, user-friendly interface as well as tools such as direct customer feedback, accounting, sales analysis, advertising and promotional tools.

ELYQD's revenue model is fundamentally different from traditional e-commerce platforms. Traditional e-commerce platforms usually receive a fixed fee, sometimes with a commission fee, over the sale price. Buyers may also have to pay for PayPal or other payment processing solutions.

Vision

The ELYQD marketplace will enhance the effectiveness of all commercial interactions by eliminating any intermediary agency and rendering these interactions immediately, transparent, secure, and mutually beneficial. This vision will be achieved by creating a fast blockchain-based decentralized ecosystem and organizing user interactions on a peer-to-peer basis. The ELYQD ecosystem will be used by mass consumers and producers all over the world.

The consumer (D2C) market has significant advantages over the central platforms in terms of direct orientation, freedom, privacy and cost.

It can never be closed, never offline, and information listings can not be lost. Users remain private if they want. eLYQD can never be censored and users can not be protected from buying or selling.

Payments are processed without the interaction of central payment platforms and, therefore, make the whole experience easy, low cost and hassle free.

Token information

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

Investment information

Min. investment = 0.1
Accept ETH =
Distributed in ETH ICO = 60%
Soft cover = 2.000.000 USD
Hard cover = 15.000.000 USD

After the ICO period, all participants will be given an ERC20 exchangeable ELYQD token on the Ethereum network. When the ELYQD blockchain is started with its own coin mechanism, the ERC20 coin will always be accepted to be replaced by a new coin from 1 to 1.

Road map

Below are a few of the upcoming milestones of the eLYQD project.

Q1 2018
An idea arises. A decentralized marketplace only for the vaping industry To
bring some serious changes directly to the consumer market

Q3 2018
Financing for development
Launch of the market with sales of LYQD tokens

Q1 2019
Development of the alpha version of the market test
All connections made with HTTPS
Trust & arbitration intelligent contracts
Universal search bar
Blockchain caching system
Free, custom image upload
Unencrypted chat system
x2 Geth and caching nodes

Q2 2019
Blockchain caching system
Free, custom image upload
Unencrypted chat system
Generic beta test
20 localized localization
Error reporting system
Status.im integration
Web version and filtering system Bondable
theme system
Transmission provider integration

Q3 2019
Escrow system and settlement providers Bondable
theme system
Naming system, Sigs & Nametags Itinerary
system
Sending provider integration
Variable and safe low gas cost
Itibar system
Mobile applications for IOS and Android
Additional shipping provider integration
Store system
Bulk inventory loading

Q4 2019
Live desktop application for
custody and arbitration Live Status.im application
Live web version
Integrated coded chat system
Filtering system
Variable and safe low gas cost
Complex Geth and caching node network
Store 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. eLYQD's Crowdsale is a natural continuation of its vision to provide a frictionless, high quality, low cost vaping experience everywhere for everyone.