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.

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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.

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White Paper

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

Ability to pay in popular cryptocurrencies (ETH, Fiat)

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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My Info

Bitcoin User Name:Mary Laura

Bitcoin Profile Link:https://bitcointalk.org/index.php?action=profile;u=1593181

ETH :0x35fedB6E70817f046D7AaB2c2bd6ac6129B80f4B