The Ecommerce Connection

Nowadays you rarely hear people talking about Ecommerce in the blockchain world, mostly because there are very few projects out there that combine both industries. The current state of the cryptocurrency market does have many people feeling a bit uneasy, which is why projects that offer a gateway to another market, especially a massive one, are more lucrative than most others.
The Ecommerce industry is arguably one of the largest in existence, having earned over $2.3 Trillion USD in revenue over the course of 2017. Studies that portray projected extrapolated growth show that this number will gradually increase over the next few years. While we do not know what the future holds for the blockchain industry, we do know that people will always like to shop online, and this will progressively get bigger for several reasons, primarily convenience and a broader selection than brick-n-mortar stores.
These facts can be seen as a bit of a safe haven for projects like Elysian, which will be connecting both industries. The reason for this is simply because the project will be able to thrive regardless of which direction the blockchain industry heads. Ecommerce is a much better industry to target than blockchain, for several reasons, including but not limited to:
- Revenue
- Larger User Base
- Larger Client Base
- Higher Potential for Company Growth
These factors are just a few of the extremely important ones that help dictate the outcome of a company’s existence. We know that Ecommerce is massive, particularly in Asia. This will not slow down anytime soon. A project like Elysian holds significantly higher value than most in this industry because it is capable of accessing these aspects mentioned above and thus generating higher growth, more revenue, a larger community, more clients and users, and creating a multifaceted platform that doesn’t have to solely rely on the blockchain industry as its primary target. In fact, it’s quite the opposite. The target market is Ecommerce, with the blockchain industry as a secondary source.
We envision a future where the project does not have to rely on the volatility of this market, like most others do. This is precisely the reason why the projects that are not versatile risk not surviving the storm. Elysian has developed a blueprint to make its reach broader than 95% of projects in the blockchain space, and we expect this to pay off massively in the coming years. The next few years will most likely see an even larger increase in online transactions for goods and services in Ecommerce, which will benefit all merchants that launch stores on the Elysian platform. The ability to have access to a minimum of two markets creates protection for the existence of the project, and also access to revenue in both markets. Consequently, we see ourselves becoming a force in the near future and leading by example to help other projects in the industry broaden their reach to ultimately help grow both markets, but particularly to help grow the blockchain industry because this industry is more in need of growth. We know that Ecommerce will continue to thrive regardless. Once this transformation occurs, we will see more widespread optimism throughout the industry, which is a good recipe for prosperity.
About Elysian:
