Elysian Releases Updated Whitepaper

Following the recent release of the sign-up function on the CryptoVerse platform, Elysian has followed up by releasing a new, updated version of its whitepaper to the public. This version reflects the most recent changes and additions to the project, as outlined in the whitepaper, focusing specifically on the four point ecosystem, which includes the following vital points for the project:

  • Ecommerce Platform
  • CryptoVerse Platform
  • Mobile and Desktop Wallet
  • Token Economy

Each point basically carries equal weight in the optimal functionality of the Elysian project. In addition, this method does not limit the project to simply being one-dimensional. The four point ecosystem provides four separate ways to build a large community and user base, ultimately leading to healthy growth.

The evolution of a whitepaper is something that can be quite important for blockchain projects because there is always an element of slight uncertainty in this industry, due to volatility and other factors. It is useful to adapt and stay ahead of the curve and add or change aspects of a project that will benefit the ecosystem as a whole both presently and long-term. Some projects remain stagnant in the industry and consequently they are handicapped and it is difficult to survive. This can be the result of several things, such as a poor blueprint for the project, a team that lacks motivation, misallocated resources, and more. Needless to say, avoiding this is a large step in evolving and progressing in a positive way, and the best way to do so is to continue to deliver the roadmap milestones to the public.

Our updated whitepaper represents Elysian’s strategy to gain exposure to the ecosystem and build one of the largest user bases not just in the blockchain industry, but also eventually in Ecommerce. Although the development of the platform is extremely important, it is only half of the battle. The other half is to create a massive client and user base in a fair, responsible manner to give online businesses a reason to either launch their Ecommerce stores on the Elysian platform or migrate from pre-existing platforms such as Shopify or Woocommerce. Once these objectives are accomplished, the platform can thrive and quickly make its way up the ranks among the industry leaders, but to get to that point it does take some time to formulate a plan and also to develop important aspects of the project, in our case both wallets, the CryptoVerse platform, and the Ecommerce platform. What we know for sure is that we are headed in the right direction and have made steady progress since the completion of the token sale, with no signs of slowing down.

We urge our community to take the time to read the updated whitepaper to get a better grasp of some of the changes implemented. It is very important to Elysian that the public understands our vision and what we aim to accomplish through this revolutionary technology. Ecommerce is here to stay and there is no debating that. The ability to integrate blockchain technology into Ecommerce in an innovative manner is something that can change both industries as we know it. Shopping will not only become easier and more convenient, but the experience itself will also be significantly more enjoyable. Consumers deserve a memorable experience when spending their hard-earned money on goods and services. The first few companies that revolutionize this at a large scale through the use of blockchain will set the standard for the future and new companies that enter the market will follow suit, and this will cause the widespread transformation that is necessary in order to adapt to the ever-changing needs of consumers and the advancements of technology. We are on the brink of something special, and this is just the beginning.

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