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eLYQD - Global Decentralized Vaping Peer-to-Peer Marketplace!

The global e-cigarette market is expected to grow over $50 billion by 2025, at an estimated of 22.36% from 2018 to 2025. The market is expected to witness a staggering growth until 2019, by when most of the regulatory and policy framework will fall into place. The growth rate will significantly increase thereafter, with significant revenue generation from evolving markets of APAC and Europe. Moreover, while disposable e-cigarettes dominated the global e-cigarette product market till 2014, rechargeable e-cigarettes, followed by personal vaporizers and mods will soon take over the top market positions in terms of revenue generation.
The report is a meticulous compilation of the different aspects of the e-cigarette industry including market dynamics, key consortiums, compliance and regulatory bodies, market breakdown by product types and key geographical locations. The market values form a critical part of the report, herein the revenue generated from sales of ecigarettes and related products such as cartridges, refills, and e-liquids through retail and online channel is tracked to calculate the market size.
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 threefold since early 2016, reaching almost $150 billion in August 2017.
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 https://elyqd.com/
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.
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?
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.
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.
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.
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 details
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/
60% of tokens will be sold in the token sale.
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
Team
The eLYQD team is really strong, well-coordinated and experienced. The team combines deep vaping industry and fintech experience with blockchain and software expertise.
In my opinion , the eLYQD project is one of the best projects on the market at the moment. The project is worthy of respect! Good luck!
For More information follows;
My Username : baywalk
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary
My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b
Telegram :@Baywalk321
Email : baywalk321@gmail.com

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