Apollox is an entire ecosystem for detailed e-commerce, working on a special protocol that allows e-commerce participants to work on the blockbuster. The main goal of the project is to unite sellers with buyers with the highest level of trust, transparency, without the intermediaries and large monopolists. Apollox allows achieving the following advantages
• The decentralized level of trust that manifests itself in the following situations: suppose you have encountered a fraudster with the seller, this situation will be considered by the project's oracle group
• A significant reduction in prices, which is achieved due to the absence of intermediaries, which can increase the price at times
• Secure storage and management of user data, which is achieved by encryption of blocking technology. This means that not your data, not the history of your activity in a particular store, will not be available to third parties
The ApolloX protocol
The basis of the system is 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 customers
• A payment protocol that allows for safe payments between buyers and sellers, backed up by third party insurance. In addition, it is possible to exchange cryptocurrency for a currency and vice versa
• A reputation protocol that prevents the manipulation of ratings and product reviews, which allows you to create a true and unbiased understanding of the product among customers
• Arbitration protocol, which is responsible for resolving disputes between buyers and sellers
• A data protocol that is responsible for the interaction between ApolloX and external applications, in order to obtain new volumes of data on services and goods and, accordingly, to increase the value of the entire ecosystem
Finally, the public protocol, which is necessary to expand the platform ecosystem, provides the opportunity to create applications on ApolloX
Token Sale
• Name of the token: APXT;
• Price per click: 1 APXT = 0.0055 USD
• Soft Cap: 6,000,000 USD
• Hard cap: 14,000,000 USD
• Sales will last from 1 to 15 October 2018
An activity of the project in social networks In Telegram, there are more than 8,700 participants. The number of Twitter followers is about 500, on the Facebook page there are about 450 subscribers.
Rating
• Icobench.com - 4.0 / 5;
• Trackico.io - 3,7 / 5;
• Icomarks.com - 7,5 / 10;
• Icoholder.com - 3,93 / 5.
The result
Apollox is an interesting and timely solution in the field of e-commerce, which can become a quality standard in this industry for years to come. The greatest optimism for investors should be inspired by a strong and large team, as well as the technically strong protocol ApolloX, which is the basis of the ecosystem
How does it work?
Here are the goals of ApolloX,
• negate the role of intermediaries
• reduction of added value
• operational support, quickly understanding with any problems
• exhaustive cards of goods with correct description
• creating a 100% safe environment for buyers and sellers.
No abuses with personal information and their "leaks"
The order of the entrepreneur's actions, which caught fire with the idea to join ApolloX, looks like this: registering, confirming the seller's status, launching an online store / mobile application using the ApolloX toolkit. You can create a showcase on the platform, you can add ApolloX code to your site so that transactions are confirmed through the block.
The system operates on six protocol modules
Payment - there is nothing to explain - it's a system of calculations.
Oracle and Data - protection of personal information. Blocking ensures safe storage/management of data.
Arbitration - resolution of disputes involving "third parties" (also platform users) and their subsequent remuneration in ApolloX tokens. Faced with fraudsters, the description of the goods on the page does not really correspond, the delivery is too long? That way. In addition, transactions are permitted to be concluded with the involvement of a third party (such insurance).
Community Built - the main function is the creation of applications/services based on the development team ApolloX
Attribution - analysis of referral traffic and encouragement for active users (and other "buns" of the affiliate program)
Reputation - the rating of each seller/product based on customer feedback. For honest reviews - reward in the form of tokens, for fraudulent - penalties
The most obvious way to achieve an increase in "reputation" is to take care of the quality of the product and organize sensible tech support. "Reputation" is worth the money. Convince users to pay attention to your online store - a difficult task. For payments within the system, the "coins" of APXT (on the ERC-20 standard) will be used. The platform is used by their users, for example, for registering and linking social networks
The RoadMap
In the "beta" platform will be released in October this year, in the first half of 2019 starters will test the general functionality of the site with the implemented blockade, and the release is scheduled for 2020. By the time ApolloX expects to expand the partner base from 200 to 1000
The Conclusion
ApolloX claims that it will reduce business spending on e-commerce by 40%. Strong statement, but it has a real ground - entrepreneurs will dramatically reduce the budget to attract traffic, get rid of a bunch of middlemen, will get a new audience in the face of a huge army of ApolloX users. It will be easier to scale a business abroad
For the more information please visit
Website: https://apollox.network/?utm_source=bitcointalkBounty
Whitepaper:
Telegram:https://t.me/apolloxgroup
ANN Thread: https://bitcointalk.org/index.php?topic=4650252
Facebook: https://www.facebook.com/apolloxnetwork/
Twitter : https://twitter.com/apolloX_network
My Details
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1364186
