eLYQD is a fully decentralized e-commerce marketplace where the people can buy and sell product and get benefits forth the platforms design and technical properties such as privacy, freedom and lower cost. This company has aim to connect e-liquid manufactures all over the world and supply business with the necessary tools for launching a one-of-a-kind platform to the global market with minimal transaction fees.

The most important the eLYQD has the aspiration to enable truly free trade on a global scale and use a blockchain platform for universal brands of e-liquids and accessories. The eLYQD contains powerful tools to facilitate the user experience and to protect the customers. All of those tools like instant search, escrow and customizable filters to screen items illegal. The eLYQD in 2014 ever launched vapor cigarettes.

Problem In The Present Online Economy And Solution Of The Platform

Each year the people who shop online are growing. According to the Global E-commerce Report marketing study by Nielsen the online shopper’s increase amount of 16% and now the totals is 1.66 billion worldwide. The existing system of distribution of e-liquids and services is full that make this system archaic, vulnerable and inefficient.

The problem also is about the risk of inappropriate surveillance. The case both customer and merchants are both of whom require payment processing facilities. The platform used the sale itself will collect further information and will host the products and store of thousand of merchants.

The online footprint is tracked, analyzed and monetized at every turn with personal data sold to the highest bidder. These data are attractive for a wide range of purposes and are frequently stolen, leaked or sold to malicious entities.

The eLYQD uses the blockchain technology which allows making the platform transparent, open for both transcation parties, reduction of transaction costs and business costs. The eLYQD launch the project so that the consumers will get access to the basic function. The main advantages of the eLYQD platform such as low fees, tools for customers communication and financial reporting, transparent and decentralized review system, international market access, detailed sales analysis etc.

The business model that eLYQD will differ from those of traditional e-commerce platform. the traditional e-commerce platform charge a flat free on the sale price, sometimes in combination with a commission fee. The buyers also have to pay fees to PayPal or other payment processing solution while the eLYQD charges customers (buyers) zero fess and sellers are charged a fee on the sale price of the products.

The factors of the price of LYQD will vary over time namely organic growth of user demand, speculative demand, USD/ETH exchange rate and the cost of gas within the ETH network. The ELYQD has the blockchain application such as smart contracts, payments, supply chain management and win-win strategy.

Transparency & Security

The eLYQD platform aims to provide a transparent and secure buy and sell process.

1. Product search : we will use the 1-to-1 personalization from the homepage so that the customers will see the previous order and can access the purchased item and show the products because the company has file storage network to maintain up-to-date database of product.
2. Loyalty: the reward mechanism is one of the best way for manufactures to easy a loyalty program long-tem customers.
3. Promotion: the promotion is building to incentivize the consumers as a first order.
4. Rewards: reward and discounts programs give customers more reason to come back to shop in the company.
5. Cross-marketing: this mechanism will be used by manufactures in promoting products to new customers and generate more sales.
6. Referral: this is a part of the token generation.
7. Feedback: the feedback is something that given by customers and the data of them will not be share.
8. The last is Minimum balance, Rating score, Security and Order status.

The development of roadmap is to develop the open source technology required for running the platform and crate a successful model to incentivize all participants. The platforms will implementation about basic functionality, product publishing, reward etc. the fundamental unit of value in the eLYQD marketplace is coin token backed by the industry.

The distribution of the token will be use 60% of token will be sold in the token sale and 40% of token will be distributed in advisors, eLYQD bounty program, pre-ico sale etc. eLYQD has a great tem. the team of eLYQD is Tabyna Khan as co-founder or president, Adnan Khan as a chief executive officer etc.

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