Overview : eLYQD is a decentralized ethereum based ecosystem marketplace that will be the framework for the entire vaping industry. 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.
eLYQD (LYQD) ICO Review, Ratings, Token Price
| Name | eLYQD : Vaping Peer-to-Peer Marketplace | |
| Ticker | LYQD | |
| Token Type | ERC20 | |
| Token Price | 1 LYQD = 0.015 USD | |
| Available for Token Sale | 60,000,000,000 LYQD (60%) | |
| Pre-Sale Date | 07/01/2018 - 07/08/2018 | |
| Main Sale Date | 07/09/2018 - 09/30/2018 | Ends in : |
| Country | United States of America | |
| Review | - | |
eLYQD is a decentralized ethereum based ecosystem marketplace that will be the framework for the entire vaping industry. 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.
eLYQD is a platform designed to allow vaping industry manufacturers to create an online store that will make good use of the most advanced technologies in the e-commerce field, and providing the vaping community the freedom of choice and the option to pay for products with LYQD tokens, fiat or cryptocurrencies.
PROBLEMS
Full product range — either expensive or not available
Cross-border payments for vaping products
Payment Verification or denial
Record keeping and security
Complexity
Fraud
Reputation
SOLUTION
Consumers have access to brands from all over the world 24 hours a day, 365 days a year, wherever they are
LYQD tokens allow users to send and receive payment globally in minutes, eliminating the risk of nonpayment and costing a tiny fraction of the total eLYQD blockchain will facilitate immediate fund transfer into escrow accounts. All constituents can manage escrow accounts through smart contracts
The eLYQD recordkeeping app will allow for simplified electronic record creation and store this data on a decentralized anonymized network that is significantly harder to hack and leak
The eLYQD system will eliminate points of potential breakdown. eLYQD smart contracts will (a) ensure that transitions occur smoothly and (b) keep immutable records of actions taken by all constituents
eLYQD requires proof-of-order, time/location stamping of the actual transaction, and undisputed hash records of all steps executed, from order, billing to shipping.
The eLYQD network will record all transactions, positive actions improve a user’s reputation. The risk of a negative review motivates all parties to remain honest. eLYQD's blockchain-based decentralized network will provide a platform for the next generation of peer-to-peer (P2P) apps to support and record all constituent interactions in the value chain, with proof of completion and compliance at each step.
Token Info | Investment Info | |||
|---|---|---|---|---|
| Token | LYQD | Soft cap | 2,000,000 USD | |
| Platform | Ethereum | Hard cap | 15,000,000 USD | |
| Token price | 1 LYQD = 0.015 USD | Whitelist / KYC | None / Yes | |
| Tokens for sale | 60,000,000 LYQD | Accepting | ETH | |
| Tokens supply | 100,000,000 LYQD | Pre-sale Date | 07/01/2018 - 07/08/2018 | |
| Token Distribution | Crowdsale = 60% Founders & Team = 17% Pre-ICO Sale = 10% Reserve Funds = 5% User Incentives = 3% Bounty & Airdrop = 3% Advisors = 2% | Main Sale Date Restricted Countries | 07/09/2018 - 09/30/2018 Cayman Islands, China, North Korea, Somalia, Yemen & USA | |
| Token Allocation | Development = 50% Marketing = 25% Company Operations and Exchanges = 20% Legal = 5% | Bonus | Pre-sale Round: 50% Main Sale Round 1 = 22% Round 2 = 20% Round 3 = 18% Round 4 = 16% Round 5 = 14% Round 6 = 12% Round 7 = 10% Round 8 = 8% Round 9 = 6% Round 10 = 4% Round 11 = 2% Round 12 = 0% | |
| ADVISORS | ||
|---|---|---|
 |  | |
| ZEINA MOAWAD | JASPER KOBECK | |
| Marketing Advisor | IT Advisor | |
| 2018 | › An idea is born. A decentralized marketplace exclusively for the vaping industry › Bringing some serious change through our direct to consumer marketplace |
|---|---|
| › Funding for development › Launch of the marketplace via sale of LYQD tokens | Q3-Q4 2018 |
| 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 |
| › 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 | Q2 2019 |
| 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 |
| › 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 | Q4 2019 |
| Product | Vision | Information |
|---|---|---|
| 8.0 | 8.0 | 8.5 |
| Social Media | Team | Marketing |
| 9.0 | 7.5 | 8.5 |
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114528
Donation:
ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF
Bitcoin Address: 16DcB1iCq9rQ4PKQZUU8XhNcQ5qRCPmGsZ
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