ELYSIA (EL)

Real Estate Tokenization

ELYSIA lets users create and trade tokens that represent real-world assets like real estate. This makes it easier for buyers and investors to access and invest in property by owning fractions of it through blockchain technology.

Ecosystem Transactions

The EL token is used to pay fees for transactions within the ELYSIA platform, such as registering for ecosystem participation, real estate token transactions, and portfolio investment fees.

Decentralized Autonomous Organization (DAO)

ELYSIA operates as a DAO, allowing token holders to participate in governance decisions, including voting on project developments and management.

Digital Asset Management

Users can manage, transfer, and trade their ELYSIA tokens and other digital assets using the platform’s wallet services, which support secure and private storage.

Staking and Rewards

EL tokens can be staked to earn rewards, and staking also grants users voting rights in the platform’s governance.

Marketplace

ELYSIA provides a peer-to-peer marketplace connecting real estate buyers and sellers worldwide, enabling easier access to property investments through tokenized assets.

Pros

• ELYSIA is a peer-to-peer (P2P) digital marketplace connecting real estate buyers and sellers worldwide, making real estate investment more accessible.
• It tokenizes real-world assets (RWAs) like real estate, allowing users to buy, sell, and trade fractional ownership through blockchain.
• The platform supports ecosystem participation, transaction fees, and portfolio investment fees using EL tokens.
• ELYSIA offers staking options, enabling users to earn rewards and participate in governance decisions.
• It is listed on multiple popular exchanges such as Binance, Kraken, Kucoin, and OrangeX, providing good liquidity and trading volume.
• The project uses blockchain technology to increase transparency and efficiency in real estate transactions.
• ELYSIA has a growing market activity with recent increases in trading volume.

Cons

• The price of ELYSIA has experienced declines and underperformance compared to some other Ethereum ecosystem tokens.
• The circulating supply is quite large (billions of tokens), which can affect price volatility and market cap.
• As a niche project focused on real estate tokenization, it may have slower adoption compared to more general-purpose cryptocurrencies.
• Market competition exists from other DeFi and tokenization projects, which may impact its growth potential.
• The token price is currently far below its all-time high, indicating past volatility and market fluctuations.

For more details, visit the official website: https://elysia.land

Founders of ELYSIA

The founders of ELYSIA are Donguk Seo, Jung-gun Lim, Yoon Kim, and Won-jun Cha. They started the project in July 2018 to focus on tokenizing real-world assets like real estate and bonds using blockchain technology.

Investors in ELYSIA

ELYSIA has attracted investment from notable crypto and finance groups. Key investors include:

• FBG Capital: A well-known crypto investment firm.
• Crypto Finance Group: A company focused on digital asset management and blockchain investments.

These investors support ELYSIA's mission to tokenize real-world assets and expand the use of blockchain in traditional finance.

Halal Status of ELYSIA

• No: There is no clear, widely recognized certification or ruling that confirms ELYSIA as halal.
• Reason: ELYSIA is a token linked to real-world asset tokenization, but Islamic scholars differ on whether cryptocurrencies and related projects comply with Shariah law. The halal status depends on detailed financial and operational compliance, which is not explicitly confirmed for ELYSIA.
• Note: Muslims interested in halal crypto investments usually consult specialized halal crypto lists or Islamic finance scholars for guidance.