As a result of the centralized nature of ecommerce industry which has created issues of unfair pricing, hidden costs, data abuse and more, these are the problems that occur often in the industry as a result of centralized model. ApolloX aims at solving these problems with a blockchain-based protocol that will 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 platform to replace the rent-seeking enterprise with a new model of complete shopping protection, data security and minimal commission for the betterment or all traders. The implementation of this model will make ecommerce costs reduce by up to 40%. Their goal also is to create an ecosystem that thrives on community.
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