Hello all, Last time I introduced you to the ApolloX project, you can review here: My article
And today I will talk more about the benefits of this project
ApolloX is a platform for building decentralized e-commerce applications and services on blockchain. ApolloX will use tokenization and decentralization to replace today’s rent-seeking enterprise with a new model of complete shopping protection, data security and minimal commission
In the e-commerce market, there are giants like Alibaba or Amazon ,, but why need ApolloX ?
Although Amazon's sales growth in China in 2016 increased 1300% time, but:
❖ The fees of the platform and sales charges take a big part of the product’s value (15% to
25%)
❖ Hidden marketing and advertising costs within the marketplace itself.
❖ The delusion of your brands v.s. The brand of the marketplace.
❖ Losing control over your own data for both sellers and buyers.
(According to statistics in Whitepaper)
One of ApolloX's missions is:
- ApolloX solves the above problems with a blockchain-based protocol that empowers decentralization in the e-commerce industry. ApolloX is to disrupt today’s e-commerce marketplace industry and provide everyone all the benefits of trading through a marketplace like Amazon without the unnecessary costs that come from monopolistic intermediaries.
- ApolloX uses tokenization and decentralization to replace today’s rent-seeking enterprise with a new model of complete shopping protection, data security and minimal commission. ApolloX believes that with the implementation of their model, ecommerce costs can be reduced by up to 40%. Their goal also is to create an ecosystem that thrives on community.
With a market value of $ 100 billion now, the development of ApolloX is necessary and will occupy a large market share in the future. along with a team of young and potential founders.
Our founding team are from MIT, Stanford, Tsinghua, Google, and Newell Rubbermaid with extended experience in cross border e-commerce and blockchain infrastructure. We are backed by reputable venture capital from US and China.
(According to the Website)
If you are a trader, or a chain of supermarkets and online retailers, you can not ignore this project
Below is detailed information about the project, read more here:
Author:
Bitcointalk name: datmacro
Bicointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1780254