<aside> 💡 Business Modeling Strategies
Explore Elysium's core business strategies, including our innovative approaches to revenue generation, pricing, and financial management.
https://drive.google.com/drive/folders/1bhdIqT-1ViK6j-2iiamcY5bnRbyT6Fbw?usp=sharing
Our revenue is derived in B2C from tiered transaction fees, pay-to-use features, premium subscriptions, sponsored transaction, card issuance and 3rd party service referrals. For B2B will be SaaS with tier pricing, up-selling and cross-selling. and SaaS.
Wallet Revenue & Pricing Model (B2C)
SDK Revenue & Pricing Model (B2B)
Initial Fee Waiver - Web3 User Acquisition: To rapidly build our user base, Elysium will initially waive its fees, only passing on necessary provider costs. This strategy aims to attract users from existing platforms and establish market presence.
Tiered Pricing Model: As we grow, we'll introduce a tiered pricing structure, offering basic services for free and premium features at competitive rates. This allows us to cater to different user segments and maximize revenue potential.
To support our revenue strategies, we invest in four key areas:
Elysium Lab's B2C model offers a unified platform addressing all user needs, enhancing convenience and value while maintaining competitive pricing.
Elysium Lab is dedicated to addressing critical challenges in Digital Authentication and Self Custody management, which act as barriers to entry for newcomers and limit experienced users and business. Below, we outline the main issues, ranging from security vulnerabilities to centralized risks, and explain how Elysium Lab’s innovative solutions tackle these challenges.
Security Vulnerabilities
Traditional authentication methods, such as passwords and seed phrases, leave users vulnerable to modern cyber threats like phishing, AI-driven social engineering, and theft. Elysium solves this by implementing state-of-the-art multi-factor authentication and threshold cryptosystems. Elysium Keyless security approach protects against identity theft and asset loss, eliminating the need for insecure seed phrases and passwords. Users benefit from enhanced security and peace of mind.
Centralization Risks
Relying on centralized exchanges and wallets compromises user autonomy, with risks like token custody, identity control, and potential censorship. Elysium mitigates these risks by offering customizable authentication options that allow users to choose between self-custodial or non-custodial systems. This ensures that users retain control over their assets and identities while staying protected from centralization risks, aligning with blockchain’s core principle of decentralization.
Complex Onboarding and Asset Management
The onboarding process in the digital asset space is complex, requiring users to navigate difficult interfaces and manage assets across multiple platforms. Elysium simplifies this with a user-friendly, non-technical interface designed for all users. By integrating intention-based transactions, we reduce user errors, making asset management straightforward and accessible, even for beginners. This ensures that users of any technical background can efficiently manage their assets in the digital economy.
Customization and Flexibility in Security Solutions
Most existing solutions force users to choose between custodial and non-custodial wallets, limiting flexibility. Elysium Lab provides a hybrid approach, allowing users to customize their security settings based on personal needs, offering the perfect balance between convenience and security.
Elysium aims to revolutionize digital wallets by offering a comprehensive solution for diverse users. Our competitive pricing and premium features position us to capture a significant market share. Through user-centric strategies, including loyalty programs and user-generated content, we target sustainable growth and strong user engagement. Given the substantial growth potential in our target markets, Elysium is poised for promising investment returns.