In a generation of technology all we need is advancement and Apollox has done it by bringing an e-commerce platform that will not only serve this generation but many more generations to come. Before I dive into the masterpiece of e-commerce let me explain why it’s a masterpiece.
You might have heard of “Blockchain”. What! No? Ok let me Explain.
BLOCKCHAIN
A blockchain is a digital and decentralized public ledger for all cryptocurrency transactions. Constantly growing as the most recent transactions are recorded and added to it in chronological order, allowing digital information to be distributed but prevent it from been copied or modified. It allows market participants to keep track of digital currency transactions without a central recordkeeping.
APOLLOX
The Existing issues of the centralized E-commerce forces new sellers to pay a Huge amount of money for services such as listing, payment, dispute resolution and marketing. This is not good for both the buyer and the seller, because when a seller pays about 30% of the merchandise value to the middleman platforms as fees, then the product price will increase which scares customers away.
With the introduction of the new Apollox e-commerce platform backed up with the incredible technology of the blockchain to build a better marketplace experience for brands and consumers, especially for cross-border sales.
WHY YOU SHOULD CHOOSE APOLLOX AS YOUR E-COMMERCE PLATFORM
TRADITIONAL E-COMMERCE PLATFORM
• The fees of the platform and sales charges take a big part of the product’s value (15% to 25%) Which increases product price and makes goods very expensive for customers.
• Sellers don’t have full control of their online shopping data and determine who can access their online shopping data, these makes sellers unclear of how buyers react to their listing and products, which gives the marketplace companies an opportunity to take advantage of sellers by identifying which products are popular and then sell those products at lower prices to compete with the existing sellers.
APOLLOX BLOCKCHAIN PLATFORM
• The process of product listing, advertisement etc. have too many intermediaries involve. With Apollox all these unnecessary intermediaries have been cut-off and a more peer to peer transaction has been initiated and hopes to Reduce cost of goods up to 40%.
• Shopping data in ApolloX is privacy protected by encrypting all sensitive data before appending blocks to the ledger. Encrypted data can only be decrypted by a user in possession of the corresponding key. Shopping activities that include browsing, clicking and purchasing, are only accessible by the trading parties. Sellers can use the information they receive on products or services to lower their acquisition barriers and costs because they’ll have a clearer understanding of each customer.
E-COMMERCE SERVICES THAT COMES WITH APOLLOX
ApolloX provide all members ways to securely access the data stored on blockchain. Various e-commerce business services can be built with integration of ApolloX Protocol.
• SMALL BUSINESS LOAN MARKET
This feature of the ApolloX makes it easy for sellers to make quick decisions on business loans. It will be much more efficient than a traditional bank service. Since the business loan platform is also decentralized, there is no need for a central clearing house to underwrite the loans even if the loan is made between different countries and currencies. The loan contract will be a smart contract executed automatically when terms are met.
• MARKET RESEARCH DATA SERVICE
Business need to constantly learn about their customers and their market to gain a competitive edge and provide or improve products and services. A market for e-commerce data can be built with integration of ApolloX Data Protocol, where market researchers and shoppers can exchange data and value. Customers can give market researchers or brands access to their shopping profile and be rewarded based on the value of their data that they fully own and control.
APXT Token Sale
The ApolloX platform will initially generate and issue 10 billion tokens. The token sale will launch soon after the incorporation of the ApolloX Foundation.
ALLOCATION OF APOLLOX TOKEN
Diagram: Distribution of ApolloX Tokens
Check out this links If You want to know more about ApolloX:
• WEBSITE: https://apollox.network
• TELEGRAM: https://t.me/apolloxgroup
• TWITTER:https://twitter.com/apolloX_network
• FACEBOOK:https://www.facebook.com/apolloxnetwork
• WHITEPAPER:https://apollox.network/whitepaper
• REDDIT:https://www.reddit.com/r/ApolloX
• MEDIUM:https://medium.com/@apolloxnetwork