Smart contracts for the cannabis industry


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ELYCHAIN ​​is a pioneer in the area of standardization, production assurance and documentation of medical cannabis in Europe.
We bring together producers, patients, authorities and the pharmaceutical industry. Our goal is the barrier-free supply of cannabis to patients, as well as the legalization of cannabis for recreational use.
By participating in the ELYCHAIN ​​ICO, you invest directly in the European cannabis industry! One of the biggest growth markets in the next 20 years.

ELYCHAIN – We make the Cannabis Industry smarter

About the project

Welcome to ELYCHAIN:

Behind the innovative ELYCHAIN ​​project is the Cannabis Social Club Elysium in Lanzarote – Spain. The Elysium C.S.C. already provides products for the medical cannabis use. The ELYCHAIN ​​project is directly implemented and applied by the Elysium C.S.C.. We will work closely with authorities, doctors and patients.

ELYCHAIN ​​will take the professional production of medical cannabis in Europe to the next level and create unified, much-needed standards for the cannabis industry. The Elysium C.S.C. will take on a pioneering role.
Once the development of the ELYC Mainnet is complete, it can be used by the cannabis industry and its partners.

What is the goal of ELYCHAIN?

Cannabis has been one of the most prominent medicinal plants of humanity for 5000 years. Since it is a natural product, the amount of active ingredients varies. The same seed may contain various compositions of active ingredients. Thus, to reach standardization of medical cannabis, a constant production process plays a crucial role.

With ELYCHAIN, we create smart contracts for the cannabis industry, so we are able to work in compliance with the law. Manufacturers and sellers have the opportunity to standardize and document their production and distribution based on blockchain technology.

In addition, the C.S.C. Elysium and other partners accept payments in ELYC tokens, with the ability to toggle tokens locally and load them onto a membership card stored on the blockchain.

With Smart Contract, all processes can be reproduced safely and permanently:

Controlled cultivation of cannabis
Documentation of cultivated and harvested quantities of cannabis and their extracts through smart contracts.

Documentation in the blockchain of the cannabis strains used, the ingredients and the recommended use

Documentation Number of products sold, their exact ingredients and recommended applications. By selling against ELYC tokens and in conjunction with a digital membership.

Cannabis Social Clubs and similar distribution organizations can create digital memberships based on the ELYC token. Through documentation in the Blockchain the membership is forgery-proof and cannot be transferred. The dispensed quantity can be controlled and documented without any doubt.

Pharmaceutical industry
For the controlled supply of medical cannabis, the ELYCHAIN ​​project will develop tamper-proof formulas bases on the Blockchain.
ELYCHAIN ​​Smart Contracts can also be used to publish research and test results to the public in a safe manner.

ELYC-Token as currency
The ELYC token uses peer-to-peer technology that does not require any central authority. Unlike the previous financial system, no financial service provider (e.g. the central bank) is needed. Very low transaction costs are the result and payments can be processed worldwide in seconds.


  • Expansion of our existing production: cultivation under professional conditions to ensure the best possible and, above all, consistent quality.
  • Establishment of a laboratory for the analysis and production of medicinal cannabis products as well as for drug and application research.
  • Expansion of the delivery points and establishment of a partner network.
  • Development of a merchandise management system based on Blockchain.
  • Development of an own crypto currency with European-wide acceptance points
  • Development of a membership card for cannabis social clubs and similar facilities.


Take a look at out Whitepaper here:

Download Whitepaper

(Current version: 1.0)


  • Founding of C.S.C Elysium in Lanzarote Quartal 01/2018
  • Obtaining License for the production and distribution of cannabis and cannabis products Quartal 02/2018
  • Opening of the first club store in Lanzarote Quartal 03/2018
  • 1st ICO stage – Token price 0.08$ 15.12.2018
  • 2nd ICO stage – Token price 0.09$ 31.01.2019
  • 3rd ICO stage – Token price 0.10$ 15.03.2019
  • 4th ICO stage – Token price 0.11$ bis 30.04.2019.
    unsold token will be burned after the ICO.
  • Wallet und listing
    ELYC is based on erc20 smart contracts. ICO contributors will have access to their token after the ICO. Listing on exchanges and a wallet will be available shortly after.
    Quartal 02/2019
  • Purchase of analysis- and extraction-devices
    310-MM GC – Compact Medical Marijuana Analyzer von SRI Instruments & Bhotanical Essence Extractor für THC/CBD Extrakte.
  • Purchase of a production facility
    Purchase of a property to grow medical cannabis under laboratory conditions.
  • Start of mainnet development
    Production tracking based on Ethereum smart contracts. Tracking will be tested at Elysium C.S.C. Other cannabis producers will use the mainnet as well and support the development with their feedback.
    Quartal 03/2019
  • Membership on blockchain basis for C.S.C. Elysium
  • Expansion of our competence team of doctors, chemics, farmers and legal advisors
  • Mainnet test during production Quartal 04/2019
  • Opening of a second club
    The first club will be transformed to a medical distribution and counseling centre with the opening of the second club.
    The second club will be bigger and focused on recreational use. Thus, we will generate additional funds to strengthen our research on cannabis as a medicinal plant.
  • Cannabis health care centre
    Purchase of a property to be used as cannabis health care centre. Tolerance formation, administration, consumption form, processing. Patients can consume cannabis under medical supervision.


Join the revolution – become our partner!

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1. Level (direct partners) 5%
2. Level 3%
3. Level 2%


Help us to promote the ELYCHAIN project!

Our unique partner program offers you up to 10% of the investments of people you recommend ELYCHAIN to. We want to reach as many people as possible with this project and with this marketing-strategy, we reward you for recommending the ELYCHAIN!
We hope you will support our idea and spread the word in your community, with friends and family and anyone you know who might be interested in making Europe’s cannabis industry smarter!

You can find detailed information and terms about our affiliate program and terms here.