Apollox Review: The E-Commerce Revolution On Blockchain

in #hibtc6 years ago (edited)

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With the emergence of blockchain technology, it has introduced a whole new model and systems for businesses. With the use of blockchain technology, organizations are able to issue their own tokens that are enabled to support sensible contracts. It does not provide direct involvement within the corporation’s selections but it also offers transparency as well. This transformation that we talk about is making its way into the world of e-commerce. The emergence of the online search giants in the past two decades is profound.

However, because of the fact that the trade is centralized in nature is what creating issues that need to be solved. By making the e-commerce trade a decentralized one both the sellers and the buyers can be benefitted. This is where Apollox comes into the picture with its solution. We have outlined the important details about this project below.

About Apollox

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Apollox is basically a project that aims to transform the e-commerce trade on the blockchain. To put it in simple words, it can be said that Apollox is simply a blockchain solution that is mainly developed for online e-commerce that has a large number of adoption and current participants. Other than that it also aims to disturb the online marketplace and emerge as the first choice of seller globally and especially for the sellers who have the need of cross-border selling. Even the existing marketplaces can decide to shift their businesses to Apollox platform in order to cut down on their cost, improve their customer acquisitions and also to boost their brand recognition.

Uses of Apollox

The main uses of the Apollox platform can be summed up into the following points:

1. Decentralized Marketplace:

The decentralized marketplace is known to come along with a great user experience.

2. E-Commerce services:

This is mainly to provide service businesses for buyers and sellers. For instance, decentralized shopping insurance market and decentralized shopping data exchange.

3. Independent Stores:

The platform is also known to power the independent stores as well with the help of blockchain technology. The platform also provides them with traffic and charges low fees.

Apollox Token Economics

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The Apollox token or APXT is made to make the transactions easier with the platform. Not only that but it also encourages positive contribution towards the community as well. One can earn and spend Apollox tokens in a number of ways within the ecosystem.

  1. Consumers can earn APXT by sharing social accounts. They can also earn by connecting social networks and opening accounts.

  2. Sellers are required to pay service fees to the platform for services like search ranking and advertisements.

  3. Members can bring in affiliate traffic and earn APXT tokens.

  4. Premium members who have APXT tokens can enjoy perks like discounts while buying and also avail free services as well.
    Apollox as a platform is focussed towards establishing a decentralized e-commerce ecosystem so that both the sellers and the buyers can be benefitted from it. The platform also takes care of the several problems that are currently faced by the e-commerce trade.

Team

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Advisors

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Contact Links

Website | Whitepaper | Medium | Twitter | Telegram

Writer: Cryptoflintcode

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