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1. Elysian is a decentralized platform on the blockchain that Ecommerce businesses can build their websites on. The platform serves as an intermediary between businesses and consumers, and promotes an increased level of trust between both parties by upgrading security and revolutionizing user experience by implementing technological advancements such as Artificial Intelligence and Virtual Reality.
2. The Elysian platform solves pressing concerns regarding security in Ecommerce by storing customer data on the blockchain, including but not limited to credit/debit card numbers, bank account numbers, driver's license numbers, addresses, and phone numbers. The platform also uses smart contracts to verify transactions, which improves credibility and helps prevent security breaches and manipulation. Ecommerce businesses build websites on the Elysian platform to provide services for their targeted consumer demographic. Consumers are then able to navigate the website easily thanks to the simplicity and efficiency of the platform, and can experience a level of engagement similar to in-store shopping because of Virtual Reality.
3. Elysian targets a niche that is essentially nonexistent to this point. There are zero decentralized Ecommerce platforms on the blockchain. This project brings a lot of value to both the cryptocurrency market and Ecommerce industry because ideologically it's somewhat similar to Shopify, but provides several improvements and solves issues that are bigger than just Shopify. As we know, Shopify has a user base of over 500,000, so there is a large market for Ecommerce platforms, and since none have been launched on the blockchain yet, Elysian has the capability of experiencing rapid growth because the project has legitimate real-world application.
4. In addition to the market validation discussed above, with Shopify having a user base over 500,000 and Woocommerce over 2 million, Elysian has developed a revenue model that focuses more on long-term growth instead of short-term money raising, which many projects in the blockchain space focus on. Elysian has developed competitively priced structures for fixed transaction fees and monthly subscription costs, but with more benefits than the current Ecommerce platforms, making it lucrative to businesses. Also, Elysian has first mover's advantage in an industry that has experienced sustainable growth over the last few years, and this is because none of these platforms are on the blockchain. Thus, the platform solves issues that are detrimental to the future growth of the Ecommerce industry, has a wide range of capabilities and unprecedented user experience, room for scalability as the user base grows, and a strong business plan and revenue model. For these reasons, Elysian is set to make a strong push towards the top of industry leaders over the next few years.
Elysian's team members.
CEO & Founder
Chief Financial Officer
Business Development Officer
Blockchain & Marketing Consultant
Senior UI/UX Designer