APOLLOX Protocol - Decentralized E-Commerce

joecolern12 (7)in #ico • 6 years ago

Greetings to you all readers, in this article i will be discussing what ecactly this brand new and pathfinding innovation called APOLLOX is all about and i will appreciate your standing by till the end.

Apollox Overview
ApolloX is a decentralized ecosystem connecting buyers and sellers with trust and efficiency, without information silo and commission fees. The ecosystem has three building blocks.
Thanks to the world of technology mixed with the idea of APOLLOX making it possible for the success of this buyers and sellers connecting platform and standing it out in the wild of Cryptocurrency with its exceptional cutting edge effort, as a corner stone and swift transformation in the world of trading.
Every transaction on ApolloX is peer-to-peer, excluding all middlemen. This saves sellers from paying extra fees and gives shoppers lower product prices. At the same time, ApolloX protocol protects both parties from fraud and disputes with smart contracts and community based arbitration at no extra cost. All shopping data is encrypted and permission enabled, only accessible to service providers with the customer's permission, which ultimately solves privacy issues and reduces unfair competition.

Today’s e-commerce industry forces sellers to pay anywhere between 25% to 50% of the sale price to gain traffic and trust. Blockchain technology and token economy is a promising solution. By rewarding positive community contributions, ApolloX can reduce the cost of traffic and trust by more than 50% and form a transparent and equal e-commerce environment. Products will be 10% cheaper and you’ll never have to worry about scams or disputes when shopping on a new site. This is going to be a revolutionary shift in e-commerce,” says Will.

Apollox categories
Shops Powered by ApolloX
Independent web stores and decentralized marketplaces built with ApolloX Protocol.

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

ApolloX Community
A fast growing community of manufactures, sellers, customers, service providers and technologists. Community members contribute and get rewarded for providing value to the whole community.

ApolloX Protocol
ApolloX protocol is the standard for engaging another age of decentralized worldwide internet business. ApolloX will utilize tokenization and decentralization to supplant the present lease looking for big business with another model of finish shopping insurance, information security and negligible commission.

Apollox protocol element
Attribution Protocol
Prizes people group for referral movement and subsidiary deals

payment Protocol
Safely exchanges payment amongst purchaser and dealer to avoid cheats and quicken turnarounds

Notoriety Protocol
A trustable survey framework for items and dealers. Prizes real amazing audits and punishes fake practices

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

Community Built Protocol
Soon all ApolloX members can build their own protocols that will best serve and advance the ApolloX community

We are attempting to disturb the present internet business commercial center industry and give everybody every one of the advantages of exchanging through a commercial center like Amazon without the pointless costs that originate from monopolistic mediators.

Aligning Incentives for Platform and Users
Centralized E-Commerce
Platform prioritizes profit over the value of each user’s interest

Decentralized E-Commerce
Tokenization aligns the incentive between the platform and users and promotes healthy growth

ApolloX token
ApolloX Token (APXT) is designed to facilitate transactions within ApolloX ecosystem and promote positive contribution to the community.

There are numerous courses for every part to acquire and spend APXT in the biological community.
Earn for sharing social records. Clients can acquire APXT by opening records and interfacing informal communities.
Pay for administrations on ApolloX organize. Venders need to pay for stage benefit expenses, for example, notice and pursuit positioning with APXT.
Rewards and Affiliate Program. Individuals get partner movement win APXT as prizes for member orders.

Advantages for individuals holding APXT.
Premium individuals who hold APXT tokens get livens, for example, rebates in acquiring and free administration.

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