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Kolkata, India.
1 Level
261 Review
18 Karma

Review on Elysian by Amit Singh

Revainrating 3 out of 5

It is an innovative decentralized platform.

The platform is to alter the whole ecommerce business industry by improving security and making another, interesting client experience. It is the first online business platform to join two indispensable perspectives that are fundamental for the movement of the business, incorporating blockchain to store all client information safely and utilizing innovative progressions, for example, AI and VR to help separate Elysian from rivalry regarding client experience.
They have dispatched another platform CryptoVerse it gives an interesting method for improving straightforwardness by assisting with uncovering fake movement, beginning with ill-conceived tasks and counselors. It additionally offers a wide assortment of administrations to help blockchain ventures accomplish more introduction and improve the nature of their project.
The utilization instance of ELY token is significant in Elysian ecosystem, it is intended to turn into the principle currency for online business transactions that happen inside the platform , regardless of whether for ecommerce business transactions or to utilize the usefulness of the platform the utilization of ELY tokens is fundamental for clients.
Overall, it will improve the security and effectiveness of online business transactions, the joining of blockchain innovation and smart contracts will give a more elevated level of security and secure information stockpiling to expand trust in the business to buyer relationship.

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Pros
  • It give the ability to control a generous part of the ecommerce business later on.
  • Their ecosystem fills in as the doorway to the fate of internet business, where the potential for development is so high.
  • AI and VR give interoperability and admittance to a more extensive assortment of consumers.
  • It has a utilitarian wallet that is utilized for resource move on the ecommerce platform.
Cons
  • Although ELY tokens are traded at high volume but the liquidity in the exchanges is very low, choose a good exchange to trade because ELY tokens are not listed in any good exchange.