ICO Apollox

aabl3zzy (2)in #apollox • 6 years ago (edited)

ApolloX is an e-commerce ecosystem on the blockbuster, the purpose of which is to create a safe environment for both buyers and sellers. In addition, one of the key advantages of the system is a significant reduction in commission costs, cheating prices for goods, by eliminating the chain of intermediaries.

What is the market volume in monetary terms? What are the prospects for market growth?
The volume of the market
The e-commerce market is one of the fastest growing in the last decades. So, by 2021 it is predicted that the global volume of the global online sales market will be 4.50 trillion dollars. This means that the market will grow almost 2 times from today's level.

It is interesting that the volume of cross-border trade will grow to outstrip, compared to the volumes of electronic commerce within countries, at a pace, and this is one of the key activities of the Apollox platform.

Product
At what stage is the product? Do they need customers? Is it difficult to copy it, is there a patent protection?
Product development stage

Apollox is in the active development stage, currently preparing to release the beta version of the system, and after it, by the end of the year, will be released a working alpha version of the product. Already in the spring of 2019, the full functionality of the platform will be launched in a test mode and at full capacity of the system will be released in 2020.
Product appeal for customers

Do I need Apollo for clients? Until you see bad reviews in online stores and also see customer complaints about unscrupulous sellers, the answer is obvious - certainly needed and relevant! Increasing the volume of e-commerce will lead to the emergence of a large number of scammers who want to profit from trusting customers, so ApolloX is certainly necessary for users.
Competitive environment

What is the structure of the environment? Quality of products from competitors?
Competitors

The platform will operate, in fact, in several related markets, including the marketplace of products where the company will have to face the competition of such giants as Alibaba, Aliexpress, JD.com, Amazon, eBay, and a number of smaller organizations. On the other hand - the designer, in fact, online stores for third-party organizations, where more than a year there are such projects as Shopify, Wix, BigCommerce, Weebly and others.

Nevertheless, the project has obvious advantages that will allow, if not to break out into the leaders, then certainly take a certain niche in this sector of the business.
Other factors

Summary

Apollo has good initial positions for successful competition in the e-commerce market. The factor of the presence of a trend to increase the security of transactions for buying and selling, as well as the use of blocking technology at the heart of the system, should play. In addition, the team has already reported that there are agreements with more than 100 online stores on the integration of ApolloX solutions, as well as the participation of a number of respectable investors in the project.

TEAM
appolox team.png