APOLLOX Protocol - A Decentralized and Unique E-Commerce Platform

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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.

ApolloX is a decentralized ecosystem connecting buyers and sellers with trust and efficiency, without information storehouse and commission fees. The ecosystem has three building squares.

Shops Powered by ApolloX

Independent web stores and decentralized marketplaces worked with ApolloX Protocol.

ApolloX Protocol

A protocol layer that makes it easy to assemble decentralized e-commerce applications and services on blockchain.

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ApolloX Community

A fast developing network of manufactures, sellers, customers, service providers and technologists. Network members contribute and get rewarded for offering some incentive to the whole network.

Decentralized Marketplace: to purchase and sell without intermediaries

We are attempting 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.

Why Decentralized E-Commerce?

Trust is the most expensive product

Pay excessive commission for endorsement

Smart Contracts and Community arbitration provides trust at zero cost

Data Monopoly brings unfairness

Consumers lose private data. Sellers face unfair competition with marketplace platform

Transparent data access control by both consumer and seller

Aligning Incentives for Platform and Users

Platform prioritizes benefit over the value of each user's interest

Tokenization aligns the incentive between the platform and users and promotes healthy development

PROTOCOL

Attribution Protocol

Rewards people group for referral traffic and affiliate sales

Payment Protocol

Securely transfers payment between buyer and seller to prevent frauds and accelerate turnarounds

Reputation Protocol

A trustable review system for items and sellers. Rewards authentic great reviews and penalizes fraudulent behaviors

Oracle and Data Protocol

Trustable data IO between ApolloX platform and external apps to amplify the value of data in ApolloX platform

Arbitration Protocol

Resolves disputes in a transparent and efficient way through stake and challenge with rewards

Network Built Protocol

Before long all ApolloX members can manufacture their own protocols that will best serve and advance the ApolloX people group

USE CASES

Decentralized Marketplace

The decentralized marketplace with an unparalleled user experience

Independent Stores

Powers independent stores with blockchain and the ApolloX network , charging minimal fees and delivering inborn traffic

E-Commerce Services

Service businesses for the sellers and buyers, for example, decentralized shopping data exchange and decentralized shopping insurance market

ApolloX Token Economy

ApolloX Token (APXT) is designed to facilitate transactions inside ApolloX ecosystem and promote positive commitment to the network.

There are multiple ways for each role to earn and spend APXT in the ecosystem.

Earn for sharing social accounts. Customers can earn APXT by opening accounts and connecting social networks.

Pay for services on ApolloX network. Sellers need to pay for platform service fees, for example, advertisement and search ranking with APXT.

Rewards and Affiliate Program. Members get affiliate traffic earn APXT as rewards for affiliate orders.

Perks for members holding APXT. Premium members who hold APXT tokens receive perks, for example, rebates in purchasing and free service.

ApolloX ROADMAP

Nov 2017

ApolloBox passed $1M monthly sales.

Dec 2017

ApolloX Foundation founded for exploring blockchain technology for e-commerce

April 2018

ApolloX releases whitepaper

May 2018

ApolloX Token integrated with ApolloBox app

Oct 2018

ApolloX front-end system beta version release

Dec 2018

ApolloX alpha version running on distributed nodes

April 2019

ApolloX decentralized marketplace starts test operation

Q3 2019

ApolloBox migrates all operation onto ApolloX Infrastructure

2020

ApolloX becomes a fully decentralized service
Team

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.

Will Li

Co-founder & Technology Lead

Claire Zhou

Co-founder & Product Lead

Dr. Shannon Ma

Marketing Lead

Dr. Yusi Zhang

Cryptography Researcher

Kyle White

Marketing & Community

Bowen Liu

Full-Stack Engineer