Elysium is building a Wallet for Digital Assets and Bitcoin, focusing on Assets Management and Payments. We have redefined the concept of Self-Custody and increased security ownership in a simple UX
Current Status
Awarded 1st Place at Davos Crypto 2030 for Blockchain Privacy.
Selected for investment by Tenity, Batch 11.
Closing PreSeed round with Fulgur Venture and Tether's Lugano Plan B fund.
High customer satisfaction: NPS 30%, Prototype rating 4.5/5, 1500 CRM contacts.
Letters of Intent from SDX and PKB Private Bank.
Part of USI Startup Center, Lugano Plan B, Crypto Valley, Ticino Blockchain, Blockchain Nation CH.
Integrated within Lugano Plan B ecosystem, with the potential to become Lugano's official wallet.
Advisors include Innosuisse, Google, Kraken, PayPal, and MIT experts.
Problem or Opportunity
The cryptocurrency landscape faces key challenges reminiscent of the early Internet:
Exchange Centralization: Dependency on exchanges poses risks of fraud, insolvency, and control over users' assets and identities.
Complex Onboarding: Cryptocurrency entry is daunting and insecure, with traditional seed phrase methods causing significant asset losses.
Asset Management Difficulties: Non-tech-savvy users struggle with the complexities of managing and transferring assets across various blockchains.
Identity and Compliance Issues: wallets lack identity verification and connection
Solution (product or service)
Elysium revolutionizes digital asset management and payments, making them accessible and user-friendly.
Simplified Onboarding: Elysium's onboarding mirrors traditional banking, streamlining entry into digital assets and eliminating complex key management.
Intelligent Asset Management: The platform autonomously handles tasks like asset swapping, easing the digital asset management experience.
Compliant Identity Integration: Merging physical and digital identities, Elysium ensures security and compliance with KYC and AML standards.
Business model
Elysium offers a versatile digital wallet tailored for everyone, from crypto enthusiasts to average users. It seamlessly blends traditional finance, cryptocurrency, Web3, DLTs, and capital markets. Our mission is to simplify and secure the crypto experience for all. Our revenue is derived from tiered transaction fees, pay-to-use features, premium subscriptions, and collaborations with financial institutions. In short, we combine transactional fees, pay-as-you-earn, freemium features, and strategic partnerships for income.
