Introduction
One of the greatest inventions in the 21st Century is Blockchain technology which has changed the order of things and brought about decentralization in every facets and sectors. The rate of adoption of cryptocurrency all around the world is so high and alarming.
The advent of cryptocurrency has actually opened up better opportunities for people to take part in the common wealth created by the technology and tokenization will enable people from different strata of life to be able to share in the value created from a new protocol.
There is a new project on the Blockchain which has come to help businesses to grow in leap and bound with the help of the platform. The name of the project is called APOLLOX.
WHAT IS APOLLOX
ApolloX is a blockchain-based platform built an E-commerce and offer a better selling experience for their brands and end-users across the globe.
E-commerce is like online shops set up for buyers to navigate and purchase goods without considering the location. Despite that it is a marketplace that is easy and convenient for customers, it still have its own disadvantages and challenges which some of them is issue of unscrupulous sellers and again customers getting poor quality products. Another challenges of the current E-commerce system is customers are scare of been scam because buyers don't see the sellers nor the products before he purchase.
The current centralized E-commerce like Amazon and eBay do charge sellers high fees for them to sell their products on the platform and buyers also charge high for a product.
All these above challenges mentioned is what APOLLOX is aiming to solve using the mechanism of blockchain to build a decentralized marketplace for buyers and sellers, such that payment issues are resolved and the quality of products is guaranteed.
APOLLOX ECOSYSTEM
ApolloX is a decentralized community associating purchasers and merchants with trust and proficiency, without data storehouse and commission charges. The biological community has three building blocks.
1.Shops Powered by ApolloX
Free web stores and decentralized commercial centers worked with ApolloX Protocol.
2.ApolloX Protocol
A convention layer that makes it simple to fabricate decentralized online business applications and administrations on blockchain. The ApolloX convention comprise of:
*Attribution Protocol: Rewards people group for referral activity and subsidiary deals
*Payment Protocol: Securely exchanges installment amongst purchaser and dealer to avert fakes and quicken turnarounds
*ReputationProtocol: A trustable survey framework for items and merchants. Prizes valid brilliant audits and punishes deceitful practices
*Oracle and Data Protocol: Trustable information IO between ApolloX stage and outside applications to open up the estimation of information in ApolloX stage. Abritration Protocol: Resolves debate in a straightforward and effective path through stake and test with rewards
*Community Protocol: Soon all ApolloX individuals can fabricate their own conventions that will best serve and propel the ApolloX people group
3.ApolloX Community
A quick developing network of produces, dealers, clients, specialist co-ops and technologists. Network individuals contribute and get compensated for offering some incentive to the entire network.
TOKEN details
Token name: APXT
Platform: Ethereum
Type: ERC20
Total Token Supply: 10,000,000,000 APXT
Token for Sale: 3,500,000,000 APXT
Acceptable currencies: ETH, Fiat
Price in ICO: 1 APXT = 0.0055 USD
Soft cap: 6,000,000 USD
Hard cap: 14,000,000 USD
Registration Country: USA
Roadmap
Dec 2017, Apollox team forms to explore the blockchain technology for e-commerce
March 2018, Apollox releases white paper and private sale
Q3, 2018, Apollx beta testing of marketplace X (front end)
Q4 2018, Apollox beta testing of ApolloX Protocol (database, web app)
Q1, 2019, Apollox releases beta version of Apollo X Protocol open source code
Q2, 2019, Apollox public testing of ApolloX marketplace with global access
Q3 2019, Apollox Box starts migrating businesses to run on ApolloX
Q4, 2019, ApolloX starts to accept public application of sellers
Q2, 2020, ApolloX becomes a fully decentralized service
Ratings
This is very fist number of growing project & this project has got a very number of ratings from various top ICO monitoring sites. ICOBench has given them a staggering 4.2 rating. They are getting the big institutions attention and they are hopeful about convincing big corporations and investors to back them.
For detail information you can visit APXT's official site and read their whitepaper. The links can be found below
Website: https://www.apollox.network/
Ann Thread: https://bitcointalk.org/index.php?topic=4650252
Whitepaper: http://www.apollox.network/downloads/ApolloX_whitepaper_v1.0.pdf
Telegram: https://t.me/apolloxgroup
Twitter: https://twitter.com/apolloX_network
Facebook: https://www.facebook.com/apolloxnetwork/
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767745
username: arsenalx420