The newest chapter for the Elysian token, ELY, is a listing on the brand new beautiful LIQUID exchange. LIQUID is the result of a merge between major cryptocurrency exchanges QRYPTOS and QUOINE. Both pre-existing platforms have combined into a new exchange that has various features for its users and a fantastic user experience.
LIQUID at first glance appears to be one of the nicer looking exchanges that has been released recently. The platform is very clean and aesthetically pleasing to users. It is simple to use, and even offers lending and margin trading options for traders. Needless to say, we can expect this exchange to get quite popular quickly.
The platform also offers a market for ICOs, which is a nice feature that is uncommon for exchanges. This will allow the average trader and investor to stay up-to-date with the most popular ICOs coming onto the market. This section is currently just about to finish development and will be ready shortly. This feature is advantageous for users that are on the hunt for new projects that can make noise in the community and being able to find an early gem before it gets popular with the public.
LIQUID has the potential to be one of the top exchanges in the industry once it grows in popularity over time. The team behind the exchange has tons of experience in already running two successful exchanges previously. Also, its token, QASH, is the fuel that drives the platform and is also featured with its own trading pair. In a market that is competitive in the exchange department, there are some levels of vulnerability that will allow a new platform like LIQUID to climb the charts quickly.
This has come after a very productive period recently for the Elysian project. This adds to an impressive list of exchanges that the project has listed its token on since the completion of the Token Generation Event in early July. We are aiming to improve liquidity for community members and ELY token holders, but this will gradually grow over time as Elysian continues to get more popular. A nice list of exchanges can be beneficial in the long run of a few of them turn out to be top 5 in the industry, all while continuing to target exchanges that are currently in the top 5 in the industry.
We are happy to collaborate with LIQUID moving forward and having them provide liquidity (no pun intended) for our token. Building trust between projects in this industry is something that can be difficult to do at times, given the nature of the blockchain space. The amount of fraudulent activity is still what has outsiders a bit concerned about its future potential. Regardless, we remain optimistic and trust the technology, and the projects that we either work with or partner with. These are determined by using a strict due diligence process to make sure that every aspect is transparent and that both parties can provide value for the other.
Moving forward, these collaborations will continue to make Elysian stronger. We are one of the few projects that refuses to let the current market conditions influence how we operate on a day-to-day basis. As we have begun to develop these partnerships and business collaborations immediately after the TGE, it is a recipe for future growth as we continue to find companies whose services can be beneficial to Elysian in return for a similar agreement. Our approach is a bit unique in comparison to many blockchain projects, but we believe that this is actually very good, considering that most projects in the industry are stagnant right now aside for the top, say, 20 to 50. In order to make it in this industry you have to think outside of the box and appeal to a wide variety of areas and people. This is why only a select few do so. We are determined to etch our name in stone right next to the likes of the top projects and we will not stop until this is accomplished.
We are grateful for our supportive community and we ask those new to Elysian to do your due diligence and look into the project and join us as we continue on our path to success. Every single one of you is capable of making a difference in our community by creating ideas, spreading optimism, and more. We must not let the current market conditions cloud our judgment. Trust the tech, trust the process, and stay focused, and we will ultimately make a difference so that in 2–3 years people will be looking back on this moment regretting that they did not get involved in Elysian earlier. One step at a time, we are slowly getting to that point.
About Elysian:
Forum https://forum.elycoin.io
Website https://elycoin.io
Telegram https://t.me/elysian_ely
Whitepaper https://elycoin.io/whitepaper/english
Reddit https://www.reddit.com/r/Elysian_ELY/
Twitter https://twitter.com/Elysian_ELY