Elysium Market

Elysium Market

Elysium literally means, 'a state of great happiness', and who wouldn't want that from a darknet market? Not of course to be confused with the cult classic PC game Disco Elysium, although you may well find plenty of products on offer here which are well suited to a disco. Back to the topic in hand, Elysium Market has a strong resemblance to Revolution Market which many people may remember, which in itself was very similar to AlphaBay 1.0. That means many will be immediately comfortable when navigating its pages, but does this mean it's a good all round user experience?



Key Information about Elysium Market:

Online since: May 2023
Cryptos accepted: Bitcoin (BTC), Monero (XMR)
Multisig support? Yes
Walletless? No
Vendor bond: $250
Key features: Escrow, PGP 2-FA, 0% commission subscription option
Categories: Drugs, Fraud, Software & Malware, Guides & Tutorials, Counterfeits, Services

Creating an account / logging in:
If you're new to the market, start by creating an account. This is very quick and simple and requires you to provide a public and private username (one of logging in and the other which will be seen by vendors), a pincode and a password. That's it, no personal details needed at all, as you would expect.

Elysium Market Rules:
The full market rules are found within the Buyer FAQ section, but to summarize there's nothing unexpected here compared to other darknet markets. No fent, weapons sales, hitman services, CP, doxxing etc. Users are also asked to treat each other with respect and deal with any issues in a civil manner.

Searching for products:
You can begin by searching entering search times into the search bar at the top of the market, or by selecting from the list of product categories. From the results page, there are further filters which can be applied such as by shopping from / to locations, price range, Monero support etc. You can also search according to a specific vendor name.

Product information:
Within each listing page you will find a photo, a detailed description of the product, details about shipping options, price etc. You can also add a product to your favorites by clicking the blue 'Add to favorites' button, which will make the listing easy to find on future visits to the market, saving the need to carry out a further search. Where previous buyers have left feedback, you can also view this at the bottom of the listing, helping you make an informed choice before committing to a purchase. The prices in Bitcoin and Monero are shown next to the local currency price for convenience.

Making a purchase:
If you wish to make a purchase on Elysium Market, you'll first need to deposit funds to your market wallet (see 'Balance' in the header). Unfortunately Elysium Market doesn't offer walletless pay at this time. Elysium Market supports both Bitcoin and Monero deposits, with most vendors accepting both. However, if you are paying using Bitcoin multisig then you will to follow separate instructions at the checkout and therefore don't deposit anything yet. 'Vend your own way':
Elysium offers vendors the option of either paying 3% commission on each sale (which is lower than the 4-5% most markets charge), or alternatively paying a monthly fee of between $250 and $1000 per month and getting as low as 0% commission in return. Whilst this is an option that's only likely to appeal to very large vendors, it does have the option of saving them some money in fees should Elysium see large volumes of buyer traffic in the future, and is something very few markets currently offer. Conclusions on Elysium Market:
Positives:
Bitcoin multisig support Familiar and easy to navigate interface Support for XMR and 5 different fiat currencies Detailed guides contained within the Market FAQ

Negatives:
No walletless / direct pay Limited number of vendors at the time of writing Design and branding are rather bland and uninspiring Elysium Market delivers a familiar and functional experience which whilst going beyond what could be considered the bare minimum, doesn't seek to offer anything revolutionary. However, for most vendors and buyers, these offerings will be more than adequate. The inclusion of multisig escrow will of course be welcomed by some, with very few modern markets now supporting this, however it remains to be seen how many vendors will actually adopt this. The shift towards XMR has made multisig a much less appealing option than it once was, but luckily Elysium has that covered too. If enough vendors come on board, there's no reason why Elysium can't enjoy a successful future in the darknet space.


ACCESS TO MARKET


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