March 21, 2026

Capitalizations Index – B ∞/21M

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Finding and selling the right product online is a chore in and of itself, with what feels like an infinite number of online shops, vendors, and loyalty programs wasting your time and keeping your personal information far from secure. Luckily, Eligma is about to change all that.


Every Household is a Business

Eligma is a cognitive commerce platform which aims to change the way people discover, purchase, track and resell items online by utilizing both artificial intelligence and blockchain technology.

Thanks to Eligma, everyone’s household is a business. Using the platform’s unique features, users will be able to browse online stores from all over the world while checking the value of the items they’re currently looking to sell.

In addition to providing a unified shopping account, Eligma also provides users a place to discover products — no matter where in the world they are located. Each product also features a digital item profile, so users know exactly what they’re getting.

Sellers on the platform can easily predict the value of their items, thanks to the help of artificial intelligence, while taking advantage of household trading agents, automated second-hand listings, and decentralized sales on the blockchain.

Eligma also rewards users with its loyalty program, which every merchant may join. Users are rewarded for contributions with ELI tokens.

So Many Benefits

Eligma is set to revolutionize commerce in a variety of ways, and the benefits are many.

As it stands right now, there are an unsurfable number of online stores cluttering the internet today. Finding the right product is a chore in and of itself. Eligma will allow users to more effectively and efficiently manage their time.

In fact, simply keeping track of every online store account we own is nearly impossible, but Eligma solves that problem too, by consolidating all of our accounts into one unified platform.

Purchasing items with cryptocurrency still feels like a pipe dream at times, but Eligma will easily allow for cryptocurrency payment solutions.

Additionally, Eligma acts as a personal inventory system by keeping track of everything we own – so, unless you’re a hoarder – you should have no problem appraising the value of any item in your house.

Perhaps most importantly, Eligma protects its users’ data, unlike virtually every other online store, which monitors our every move and sells your data to the highest bidder.

The ELI Token

Of course, at the heart of Eligma is the platform’s token, ELI.

ELI tokens can be used for purchases on the platform, product hunting services, listing offers on second-hand markets, utilizing escrow services, completing sales on the blockchain, advertising, and purchases linked to the loyalty program.

ELI tokens are awarded for user registration, filling out one’s profile, making purchases, adding items to one’s inventory, uploading receipts, referring new users, referring new online stores, publishing wishlists which result in sales, conducting social media actions which result in sales, and as loyalty rewards.

Eligma’s total token supply is 500 million ELI, of which 300 million are available for purchase in the Eligma’s public presale and crowdsale. The exchange rate during this time is exactly 1 ELI = 0.1 USD, with a minimum contribution of just 0.1 ETH required.

The presale begins on March 20, and ends on April 10, after which there will be a public crowdsale from April 17 to May 8.

The eli token

Find Out More!

If you want to learn more about how Eligma is set to revolutionize commerce, you can peruse the project’s whitepaper and check out their industry-leading development team on Eligma’s official website.

You can also keep up to date by joining Eligma’s Telegram chat here.

Eligma is also available to follow on Facebook, Twitter, LinkedIn, and YouTube.

Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

artificial intelligenceblockchain technologyDecentralized CommerceEligmaICOstoken sales Show comments

Published at Thu, 08 Mar 2018 22:00:40 +0000

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Malaysian Government to Introduce Regulatory Framework for Cryptocurrencies

After China and South Korea started cracking down on cryptocurrencies and altcoin exchanges, a new report states that the Malaysian government is preparing a regulatory framework for cryptocurrencies. 


More Cryptocurrency Regulations

 

A few months ago, news emerged that the Chinese regulatory body imposed bans and regulations regarding cryptocurrency activities. The ban mainly focused on Initial Coin Offerings or ICOs, because regulators feared that some of them may have been fraudulent. Regulators demanded that the token sale operators refund their investors and immediately cease activities until further notice.

Shortly after the Chinese financial regulatory body banned ICOs, South Korea’s Financial Services Commission declared a country-wide ban on all ICOs and token sales. Some experts believe that the bans were appropriate so regulators can better understand the ICO market and its mechanism. The Chinese government regulators also warned certain bitcoin and cryptocurrencies exchanges to close down their operations until proper regulatory mechanisms are properly installed. Regulators do not only want to protect consumers but they also want to stop money laundering and terrorist financing operations with appropriate KYC/AML procedures.

Malaysia's  Regulatory Framework

Malaysia’s  Regulatory Framework

Recently, an article by Reuters suggested that Malaysia is also planning to introduce its own regulatory framework for cryptocurrencies. Governor Muhammad Ibrahim stated in a financial summit that through the new regulatory framework, individuals that convert cryptocurrencies into fiat money will be declared “reporting institutions”. This would require financial institutions to properly audit each exchange from cryptocurrencies to fiat, in order to appropriately detect any illegal activities.

Ibrahim stated:

This is to prevent the abuse of the system for criminal and unlawful activities and ensuring the stability and integrity of the financial system,

He also added:

Any information that we have that is relevant to the security of our friends in the region, we will share. My expectation is that will be reciprocated,

Malaysian regulators fear that cryptocurrencies may be used to finance terrorism-related groups and its operations. There have been previous incidents were terroristic groups used bank transfers to finance their illegal activities.

What are your thoughts on Malaysia’s upcoming regulatory framework for cryptocurrencies? Do you think that cryptocurrency users may benefit and be protected by the framework? Let us know in the comments below!


Images courtesy of Pixabay, The Malaysian Reserve

The post Malaysian Government to Introduce Regulatory Framework for Cryptocurrencies appeared first on Bitcoinist.com.