March 16, 20187min1181

Eligma is aiming to revolutionize online shopping

Eligma is aiming to be an AI-driven and blockchain-based cognitive commerce platform that will change the way people discover, purchase, track and resell items online. Its unique features will offer users a platform from where they can shop in all the online stores anywhere in the world, check the value of items in their household and learn the best time to sell them. Eligma will offer users a completely decentralized universal loyalty program and help transform every household into a business.

To provide a new simplified user experience, a Slovenian-based company is set to launch public pre-sale on 20th March 2018 and its crowd sale on 17th April 2018 with a hard cap of $24 million.

Eligma project was born as a response to the problems identified in traditional retail and especially e-commerce, which has exploded in the recent decade. The project is entering a market, in which sales reached 2.3 trillion U.S. dollars in 2017 and it is anticipated to almost double in 2021 to 4.48 trillion U.S. dollars. It aims to offer a set of previously unanticipated solutions to discover, purchase, track and resell items. This is now viable due to the development of artificial intelligence and blockchain technology.

Eligma’s goal is to offer a comprehensive set of solutions, consisting of discovery, inventory and loyalty pillars. Using artificial intelligence, Eligma’s engine algorithm will process millions of data points from numerous online stores to compare product specifications and characteristics in order to find the product with the exact specifications users are looking for.

To save time and make things easier, Eligma will introduce a unified shopping account, meaning that a single shopping cart and checkout process will suffice to complete purchases in multiple online stores at once, whereas the platform’s cryptocurrency payment gateway will enable users to pay with cryptocurrencies even if the online stores don’t support them yet.

With the inventory feature, users will be able to see the AI-predicted current and future item value and then decide when to sell those items. That is how every household will become a business. Eligma will offer various possibilities of using its ELI token for activities performed on the platform. Users will be rewarded for using the token through a universal loyalty system. It will consolidate merchants in an integrated open-loop universal loyalty system and provide a simple and convenient user interface. There will be no need to register with a standalone loyalty program of each merchant.

Eligma’s EliPay system will be launched in Eligma’s testing lab – BTC City, a trade and shopping center with 21 million visitors a year.

The Eligma company was founded in 2017 by three experienced Slovenian businessmen – Dejan Roljič, founder of ABC Accelerator, Matej Gregorčič, founder and CEO of Viberate, and Jože Mermal, CEO and chairman of BTC d.d. The development process of the platform is additionally reinforced with strategic partners, such as Spartan Solutions and Netis, both leading cryptocurrency and blockchain development companies in Europe.

 

CEO and founder, Dejan Roljič: 

My whole life is also connected to start-ups and innovations. I have lived around the world, doing business and improving myself in the process practically everywhere I could. The dream of Eligma started in Shanghai and was at the time called Crowdering. Its main goal was to connect people directly with factories, removing middlemen from the process. My path then led me to Amsterdam, where I got familiar with 3-D printing, and then to Slovenia, where I immediately founded the ABC accelerator. Three years after that, ABC was named the best start-up accelerator in Central Europe with new offices popping-up in Silicon Valley, Germany, Slovenia, Bosnia and Ukraine. It invested in more than 80 start-ups and raised more than 40 million dollars to help turn the world into a better place in its own special way.

“The value of Eligma is in its ability to give people the one thing they can never buy – time. It keeps track of our purchases and gives us a better overview of what we possess. It calculates the value of what we own and predicts when it’s the best time for us to sell. That is how Eligma is turning every household into a business,” 

 

General info about ELI Tokens

•Eligma token (code: ELI) is a fully ERC-20 compliant Ethereum utility token and
will be available in exchange for Ethereum (ETH) contributions.
• Total number of ELI Tokens that will be generated during the Token Generation
Event (TGE): 500,000,000 ELI
• Number of ELI Tokens that will be distributed during the whole Token
Crowdsale process: 300,000,000 ELI (60 %)
• Target sum of contributions in the Token Crowdsale process (hard cap): ETH in
equivalent of 24,000,000 U.S. dollars
• Minimum sum of contributions (soft cap): ETH in equivalent of 3,000,000 U.S.
dollars
• Offered Token exchange ratio: 1 ELI = 0.1 U.S. dollars


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