ELYSIA (EL)

Real Estate Tokenization and Marketplace

ELYSIA connects real estate buyers and sellers worldwide by allowing users to buy and sell fractions of real estate properties as tokens. This makes real estate investment more accessible and transparent. The platform supports issuing and listing real estate tokens, which can be traded using EL tokens.

Tokenization of Real-World Assets (RWA)

ELYSIA enables the conversion of various real-world assets, such as real estate, bonds, and other tangible items, into digital tokens on the blockchain. This process increases liquidity and allows these assets to be used in decentralized finance (DeFi) applications and marketplaces.

Payment and Transaction Fees

EL tokens are used to pay for transaction fees within the ELYSIA ecosystem, including fees for real estate token transactions, portfolio investments, and ecosystem participation.

Governance and Staking

Users can stake EL tokens to earn rewards and participate in the governance of the platform. Staking gives holders voting rights to influence decisions about the project's future.

Compliance and Security

ELYSIA uses advanced blockchain technology and privacy tools to securely verify real-world data and ensure compliance with financial regulations, enabling safe and private transactions.

Integration with DeFi

The platform integrates with DeFi protocols to expand use cases for tokenized assets, such as creating perpetual markets based on real-world assets.

In summary, ELYSIA uses blockchain to make real estate and other real-world assets easier to invest in, trade, and manage, while providing tools for payments, governance, and secure compliance.

Advantages of ELYSIA

• ELYSIA is not a scam and is listed on top cryptocurrency wallets.
• It uses advanced blockchain technology with cryptographic techniques ensuring data integrity and transparency.
• The platform bridges traditional financial assets and cryptocurrencies by digitizing real-world assets like real estate.
• ELYSIA enables secure tokenization of real estate, facilitating easier and transparent transactions.
• It operates as a P2P digital marketplace connecting real estate buyers and sellers worldwide.
• The native token EL is used for transactions, fees, staking rewards, and governance participation.
• ELYSIA has a multifunctional system accessible from anywhere, supporting decentralized finance.
• It has growing market activity and is available on multiple exchanges like Bithumb, OrangeX, Gate, and MEXC.

Disadvantages of ELYSIA

• The price of EL has experienced significant decline from its peak, showing high volatility.
• Trading volume has shown recent decreases, indicating fluctuating market interest.
• The market dominance of ELYSIA is very low, making it a smaller player in the crypto market.
• Price predictions for the future are mixed, with some forecasts expecting declines.
• It is not currently available on some major exchanges like Binance for direct purchase or trade.

Founders of ELYSIA

• ELYSIA was founded in July 2018 by Donguk Seo, Jung-gun Lim, Yoon Kim, and Won-jun Cha.
• Some sources also mention Cheon Won Joon as a co-founder.
• There is another unrelated company named Elysia with founders Wes Furnback and Bruce Wang, but this is not connected to the ELYSIA crypto project.

Investors in ELYSIA

ELYSIA is a venture capital-backed company. It is privately held and supported by investors who focus on financial software, cryptocurrency/blockchain, fintech, and B2B payments sectors. Specific investor names are not publicly listed, but the project is recognized for its decentralized approach to tokenizing real assets and linking real and virtual asset finances, enabling global secondary market access. For detailed investor history, access to private market research or PitchBook data is required.

Halal Status of ELYSIA

No, ELYSIA is not confirmed as halal. There is no specific certification or screening information available that verifies ELYSIA complies with Islamic finance principles such as avoiding riba (interest), gambling, or haram activities. Its focus on real estate tokenization and ecosystem transactions does not guarantee Shariah compliance without formal halal certification or expert Shariah audit.