This post is from a low-reputation account and contains an unverified outbound link. Be cautious before clicking external links.

APOLLOX: About the project

Words
575
Reading
3 min
Listen
Play
8y

The beginning of the 21st century is characterized by the growth of the e-commerce industry, which has led to the emergence of such large American Internet companies as Amazon, eBay, as well as Chinese online stores Alibaba, Aliexpress, JD.com and others.
appo.jpg
It can not be denied that during this time the industry has gone a long way and has made significant progress.

It is equally true that there are many problems in the area, the main source of which is excessive centralization: this is unfair pricing, concealed commissions, the detection of abusive personal data of users, inadequate or incorrect product information, and others.

About the project

Apollox is an ecosystem for decentralized e-commerce (e-commerce), which operates under a special protocol that allows commerce members to work on the blockade.

The main goal of the project is to bring together sellers and buyers with the highest level of trust, transparency, without intermediaries and big monopolists.

Apollox achieves the following benefits:

Decentralized level of trust;
A significant drop in prices due to the lack of intermediaries, which can increase prices at times;
Secure storage and management of user data, which is achieved by blocking technology encryption. This means that neither your data nor the history of your activity in one or another store will be made available to third parties.

Economy token
Economics of the APXT Token
ApolloX protocol

The system is based on the ApolloX protocol, the main components of which are:

The attribution protocol, the essence of which is to reduce the cost of traffic for the store through the use of referral programs, rewards for attracting buyers;

A payment protocol that allows you to make secure payments between buyers and sellers, backed by third-party insurance. In addition, there is a possibility of exchange of crypto-currency on fiat and vice versa;

Reputation protocol, which prevents the manipulation of ratings and reviews of goods and allows you to create a correct and unbiased understanding of the goods to buyers;

Arbitration Protocol, which is responsible for resolving a dispute between buyers and sellers;

A data protocol that responds to the interaction between ApolloX and external applications to obtain new volumes of service and product data, respectively, increasing the value of the entire ecosystem;

The community protocol that is needed to expand the platform ecosystem enables you to create your own applications over ApolloX.

Project Protocols
Protocols of the ApolloX project
Team and partners

Will Lee - ApolloX CEO. He graduated from the Massachusetts University of Technology, a major part of his career worked as a developer. Has programming languages: Java, C ++, is a specialist in the mobile development, BlockChein development.

The first experience of creating and managing the company was in 2015 when he became the founder of Mage Inc. Now fully focused on Apollox.

Claire Zhou is a co-founder and product manager. Specialist in machine learning, statistical research, online marketing. He has a great experience in managing positions.

Shan Ma is a leading economist on the platform, an Internet marketing specialist with an inclination in e-commerce, a specialist in developing affiliate programs, holding promotional campaigns by mail, SEO. During his career, he worked both in academic positions and in commercial structures.

In addition to the management, the company employs more than 10 people: experts in business intelligence, e-commerce, programmers, PR-managers, etc.

KNOW MORE ABOUT APOLLOX

Join the Telegram Group: https://t.me/apolloxgroup

Follow on Twitter: https://twitter.com/apolloX_network

Follow on Facebook: https://www.facebook.com/apolloxnetwork/

Website: https://www.apollox.network/

Whitepaper: http://www.apollox.network/downloads/ApolloX_whitepaper_v1.0.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4650252

Xratedx

https://bitcointalk.org/index.php?action=profile;u=2257524

ApolloX Unique ID : PFNyv6Nr7v

APOLLOX: About the project | Ecency