eLYQD - Global Decentralized Vaping Peer-to-Peer Marketplace

Hi, guys! Today I want to tell you about eLYQD project.
As you know, the blockchain technology is increasingly being introduced around the world, gradually penetrating into every single industry. The position of cryptocurrency in today’s world is growing rapidly: the combined market capitalization of all cryptocurrencies has increased more than six times since early 2016, reaching almost $280 billion in July 2018.

The eLYQD platform will allow industrial manufacturers to create online stores that will make good use of the most advanced technologies in the e-commerce field and provide the community with free choice and the ability to pay for products using platform tokens - LYQD, Fiat or other cryptocurrency.

The platform was mainly created for manufacturers and consumers from around the world. Any user has the right to create own online store to sell their products, while eLYQD will give a wide range of platform's functions for a minimal fee, also the platform will increase the effectiveness of all business interactions without intermediaries.

The advantages of platform

• The main competitive advantage of the platform is decentralization, globalization, сonvenient and easy to use, low commission and the integration of cryptocurrency (ETH, fiat, etc.)
• Direct interaction between consumers and manufacturers by eliminating retailers.
• The platform is working with both large and small vaping goods manufacturers from around the world.
• Users will be able to decide from a variety of brands they want at the most competitive prices.
• The devs have received interest from multiple independent brands that have already showcased their products in website eLYQD
• The platform provides the detailed sales analysis, advertising support of your business, access to global market, tools for customer communication and financial reporting, and 24/7 customer support.
• The opportunity to purchase products and services of the platform for LYQD tokens at special prices.

Official video:

Cryptocommerce Ecosystem

Within the eLYQD ecosystem, brands, consumers, arbiters, distribution and shippers interact directly with one another. Transactions are powered by LYQD and therefore they are fast, secure and transparent. There is no need for intermediaries that exist in traditional vaping ecosystems. eLYQD will retain all the value generated by the community within the ecosystem.

Why eLYQD?

1. Smart contracts The platform will provide a number of smart contract templates that will be used to facilitate the sales mechanism. The peer-to-peer structure is the perfect fit for the decentralized nature of the ELYQD ecosystem and has the benefit of handing over the power back to the people participating in the ecosystem.
2. Win-win strategy eLYQD consumers are offered an ad-free environment where the only source of influence is reviews from trusted users and blockchain-based verifiable data on a product’s properties and sales performance. The platform's ecosystem relies on consumers, and not marketing dollars, to promote products. eLYQD suppliers benefit from a new direct sales channel where the eLYQD ecosystem is not an intermediary but is rather the conductive media for the buyer and the seller.
3. Payments A tokenized ledger will provide a complete token-based system, similar to “real” money where tokens are sent and exchanged at different times and for different reasons, based on predefined rules and events. Payment processing through blockchain has a significantly bigger potential for transaction high speeds and low prices. Blockchain is the perfect tool for ecommerce to be more efficient and more trustful.
4. Supply chain management A blockchain of the transaction, containing order details and negotiated fees and commissions in the form of smart contracts, will be used to capture documents, delivery and possible return events, and drive financial settlement with fewer opportunities for dispute. All parties have visibility into the transaction and no custom interface has to be negotiated between partners.

Token

LYQD is a token of the Ethereum ERC 20 standard. Integrated within the Ethereum smart contract, it will serve as the utility token of a decentralized elyqd platform. LYQD will act as the underlying fuel driving all components to perform effortlessly while maximizing the benefits by providing the lowest pricing in the industry.
The devs plans that ELYQD tokens will be accepted as a payment method in partner services. LYQD tokens will not give token holders any right to: ownership of the company; profit sharing of the company; participate in decision making, unless options are put up on voting.
eLYQD holds the right to sell LYQD tokens to private investors out-side the scope of eLYQD ICO during thepre-sale period or ICO period. The devs shall notify participants about the activity of the private sale on the website https://www.elyqd.world/

TokenSale

The distribution Ether raised will be used as follows:

1. 60% of tokens will be sold in the token sale: 50% - development; 25% - marketing; 20 - company operations and exchanges and 5% for legal.
2. 40% of tokens will be distributed as follows: advisors - 2%; bounty&airdrop - 3%; pre-ico sale - 10%; user utilization - 3%; founders & team - 17%; reserve fund - 5% .

• Total number of generated LYQD tokens: 100.000.000.000
• Min. investment = 0.1 ETH
• Softcap = 2,000,000 USD
• Hardcap = 15,000,000 USD
• Crowdsale: July 09th - September 30th or until hardcap is reached.
• Token contract address: 0x202b15C6fE6337e5c6A030e56254Aaf22233e4F6

Note: No Sales to Investors from Cayman Islands, China, North Korea, Somalia, Yemen & USA

Rating

ICO Bonus Rounds
The current price ( July 22th ) is 0,003$. Bonus - 20%
Note: LYQD token price to increase every 7 days. All unsold tokens at end of public sale are burnt. To participate, all buyers must agree to full token sale terms - http://www.elyqd.world/legal

Team&Advisors
To know more about eLYQD's team, please visit official project's website https://www.elyqd.world/

The conclusion: The eLYQD team is really strong, well-coordinated and experienced. The team combines deep vaping industry and fintech experience with blockchain and software expertise. The team inspires me with great hopes. In my opinion , the project is worthy of respect.

More information about eLYQD:

Official website: https://www.elyqd.world/
Whitepaper: https://www.elyqd.world/assets/files/white-paper.pdf
Telegram channel: https://t.me/elyqd_world
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4615548.0
ANN thread: https://bitcointalk.org/index.php?topic=4526862
Facebook: https://web.facebook.com/elyqdcom
Twitter: https://twitter.com/elyqdcom
LinkedIn: https://www.linkedin.com/company/elyqdworld/
Medium: https://www.medium.com/@elyqdworld

My Bitcointalk username: artur2403
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1364957