We are aware of this and, to help our readers, we review many companies. Today we are going to review a new company called Elementh.
What Is Elementh?
Elementh is the name of a blockchain company which offers solutions for e-commerce business. The main idea of Elementh is to offer a blockchain register of ownership of goods and the ability to use smart contracts to sell them. This will enable the company to use blockchain technology to improve their businesses.
The company also offers the e-commerce companies and third-party companies.
Elementh has a system of goods and a system of tokens. The system of tokens will be used for goods and services. The system of goods will make it easier to make transactions using the system and to transfer goods online.
The use of third-party applications can also help the companies to market their products because they can find it easier for them to be found online. A customer looking for a certain service on an app can easily find the products of this company and when he is tired of using it, he can easily sell them to someone else.
How Elementh eCommerce Blockchain App Works
The company will use the blockchain technology to organize the event and the sellers will both work together. The customer will be able to get his money back if the product never arrives (because the blockchain can track the product and verify it it was delivered or not).
Elementh can verify the originality of a certain good using the blockchain technology. Anyone would be able to verify it using the Ethereum blockchain to confirm that the product comes from the manufacturer. You can also use this kind of technology to track the location and the movement of the goods. You will be also able to geolocate goods. You can also use it to discover fake goods.
Third-party apps can make the services much more offering services that your own company can not offer alone because it would cost more. This can enable many new features to help both customer and seller to make better transactions.
How To invest In Elementh EEE ICO?
To invest in this company you will have to buy its tokens. The pre-sale has already begun and it will continue until January 31. During the pre-sale, you will be able to acquire tokens with a 50% bonus. This means that you will pay for tokens and receive fifteen, for example.
The main Initial Coin Offering (ICO) still does not have a fixed date, but it will probably begin in February and last about a month. You will receive fewer discounts if you wait, so it would be a good idea to invest right now if you are interested in this company because it would provide you with a better return on investment.
For more information about this company, you can always follow our blog and read any updates about this company that we might have in the future.
The Elementh Verdict
Is this company a good investment for you? It can be, but it depends on some aspects. We can say that Elementh looks like a very legitimate company and that you are not investing in a potential scam if you are investing in this company, so this is a huge positive point, as there are many ICOs which are, in fact, scams.
The other point is that this company should be a professor of investment for your business. company has started its business.
If you like this company, you have no reason not to invest in it. Elementh can certainly be a great investment for you and be able to make you get a very good return on investment, so there is no need to think twice before investing.
ELEMENTH GOAL
Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, provide standardized quality nomenclature, guarantee the ownership of certain products and the ability to create smart contracts specifically for e-commerce. Elementh will achieve it by creating Blockchain with Turing- complete built-in, allowing everyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and proprietary transfers.
ADVANTAGES ELEMENTH
Elementh will use Blockchain technology to manage the presence and list of goods and to ensure that both users and sellers will work together. Customers will be able to pay using smart contracts and can easily return the money if the product never arrives (because Blockchain can track the product and verify if the product is shipped or not). Elementh has a goods system, which can also be used in a large number of applications, such as tracking the movement of certain goods from its creation to the current owner, tracing the goods and detecting the counterfeit goods. Unlike the token system, the goods system also provides the ability to extract certain products at a particular address, which shows all possible item data (such as name, manufacturer, barcode, etc.). And if an identical item is already in Blockchain, the publisher will receive a message about it, and he will have a chance to show how much he wants to release.
The items in the system are in one copy and if the goods with the same serial number are added to the system, each dApp can notify the buyer that the origin of the item is unknown. If the ownership chain is from the manufacturer, the authenticity of the goods will be made throughout the network. Account is one of the basic objects in Elementh; This is used as the identity of network participants. Each account has: EEE internal currency account balance; information on ownership of goods To store goods data, such as specifications, photos, EAN codes, serial numbers, and others, Elementh uses the IPFS protocol. IPFS (the Inter Planetary File System) is a hypermedia communication protocol addressable, peer-to-peer. IPFS lets you create a fully distributed app. It aims to make the World Wide Web faster, safer, and more open.
There are two types of applications built on Elementh.
1. The first category is a financial application that gives users a good opportunity to manage and participate in contracts using cash, including buying and selling products and content online and offline, and tokens available in Elementh software.
2. The second category is a non-financial application, such as identifying counterfeit goods or counterfeit goods in the supply chain, and others. Elementh Blockchain has its own built-in currency, elementh (EEE), which is used for all operations within Elementh Blockchain, for example, payment of transaction fees. Tokens are checked as EEE and they follow the default token ERC20.
DISTRIBUTION TOKEN
Elementh blockchain has its own built-in currency, elementh (EEE), which is used for all operations within the Element block, for example, payment of transaction costs.
Token and ICO information: EEE, ERC-20 standard
Total supply: 303 000 000 EEE
Token distribution:
217 500 000 (71.78%) EEE - purchasers
45 000 000 (14.85%) EEE - team
40 500 000 (13.37%) EEE - partners and advisors
Private Pre-Sale
Private Pre-Sale start date: 15 January 2018 00:00 UTC
Private Pre-Sale end date: 31 January 2018 23:59 UTC
Private Pre-Sale soft cap: -
Private Pre-Sale hard cap: 1 500 ETH
Private Pre-Sale price: 1 EEE = 0.0001 ETH
Private Pre-Sale bonuses scheme: 50% Tokens
Pre-ICO
Pre-ICO start date: 1 February 2018 00:00 UTC
Pre-ICO end date: 14 February 2018 23:59 UTC
Pre-ICO soft cap: -
Pre-ICO hard cap: 1 500 ETH minus received in Private Pre-Sale stage
Pre-ICO price: 1 EEE = 0.0001 ETH
Pre-ICO bonus scheme: 1st day: 30% Tokens, 2nd day: 15% Tokens
ICO
ICO start date: 1 March 2018 00:00 UTC
ICO end date: 31 March 2018 23:59 UTC
ICO soft cap: 10 000 ETH
ICO hard cap: 30 000 ETH
ICO price: 1 EEE = 0.0002 ETH
ICO bonus scheme: 1st day: 30% Tokens, 2nd day: 15% Tokens
System Goods
Unlike the token system, the goods system also provides the ability to extract certain products at a particular address, which shows all possible item data (such as name, manufacturer, barcode, etc.). And if an identical item is already in Blockchain, the publisher will receive a message about it, and he will have a chance to show how much he wants to release. The items in the system are in one copy and if the goods with the same serial number are added to the system,any dApp can notify buyers that the origin of the goods is unknown. If the ownership chain is from the manufacturer, the authenticity of the goods will be made throughout the network.
Account is one of the basic objects in Elementh; This is used as the identity of network participants. Each account has:
EEE internal currency account balance
information on ownership of goods To store goods data, such as specifications, photos, EAN codes, serial numbers, and others, Elementh uses the IPFS protocol. IPFS (the Inter Planetary File System) is a hypermedia communication protocol addressable, peer-to-peer. IPFS lets you create a fully distributed app.
It is aimed to make the World Wide Web faster, safer, and more open. There are two types of applications built on Elementh. The first category is a financial application that gives users a good opportunity to manage and participate in contracts using cash, including buying and selling products and content online and offline, and tokens available in Elementh software.
The second category is non-financial applications, such as identifying counterfeit goods or counterfeit goods in the supply chain, and others. Elementh Blockchain has its own built-in currency, elementh (EEE), which is used for all operations inside Elementh Blockchain,
for example, payment of transaction fees.
Tokens are checked as EEE and they follow the default token ERC20. The primary token sale of the Elementh platform will start on April 1, 2018 at 00:00 UTC and will expire on April 30, 2018 at 23:59
UTC. 1 EEE will be equivalent to 0.0002 ETH. During ICO every token sale on the first day will attract 30% bonus Token, while day 2 will attract 15% bonus Token.
Roadmap
Contacts
The developers can be contacted using the link below:
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