The project does not solve a problem cryptozoology, and not the gap in a growing number of needs of modern humanity.According to the roadmap project, the first approach to the market will take place in more than a year, and only in 2021 conquest of the European market. Well very slowly the Lord.
Hi Hakamura, what you wrote is far from true and hereby we will explain why. Following problems were identified and will be addressed by Eligma:
- Online product research and shopping are time consuming: People spend a lot of time researching online to find the product and the deal that suits their needs, but even the most persistent ones cannot check all the online store offers. Users are never certain, whether they found the best possible deal.
- User privacy issues: Users disclose personal data with every store, where they want to place an order. Their every move on the store’s website is also being monitored. This means that stores are collecting extensive behavioural data about each user and can connect that data directly to the person.
- Registration with every online store is required: Users have to separately register with each online store they want to shop in. Due to this inconvenience, they can be discouraged from placing an order in a new online store. Keeping track of different accounts can be a hassle and therefore consumers are returning only to stores, where they are already registered.
- Keeping track of household belongings: Users do not have an overview of what they own and how much their belongings are worth. Every household has many products that still have value, but are never used and people forget about even having them.
- Creating second-hand listings for faster sale conversions: When trying to sell used items, users are having problems setting the appropriate price and selecting a second-hand market with the highest probability of finding potential buyers. Usually they list products on some of those markets and forget about the listing, as it rarely converts into a successful sale.
- Payments with cryptocurrencies are not possible: With growing wealth held in cryptocurrencies, the demand for conducting payments in those
currencies is growing. Very few online stores stepped into this direction, even though all the indicators are showing that in the future cryptocurrencies are going to become mainstream. - Vast number of individual loyalty programs: Big retailers have introduced loyalty programs a long time ago, but those programs are not
connected. This means that in order for users to really benefit from a program, they have to keep track of every one of them, which is next to impossible. - Incomplete or inaccurate product descriptions: Most online stores provide their own descriptions. The quality of those descriptions varies from store to store and it is very hard for users to know which one of them is relevant. In most cases, when users are searching for products with a higher price, they have to first visit the manufacturer’s website to find the description they can trust.
- Lack of a personalized approach: Despite the adoption of new technologies, most online stores are still not embracing the personalized shopping experience approach. In many cases, online stores are displaying inappropriate products to the wrong customers and it is up to the users to browse the store and find the product that best suits their needs.
As it is understood for more complex projects, Eligma is a modular platform and features will be added in accordance with the roadmap at latest. Our first solution, which is a cryptocurrency payment gateway called Elipay is already being tested in BTC City (one of the biggest shopping and entertainment areas in Europe) and will be launched very soon and made availabile to its users. Have you seen this posts:
All of the features are already being developed and we will regularly inform the community about our process. For example on the following link you can find an intro for discovery pillar:
https://medium.com/eligma-blog/eligmas-minimum-viable-product-demonstration-8611b45dd999. Discovery pillar will be launched in Slovenia already in this year where we will optimise Eligma for our intended market entry strategy that starts already next year.