Vexanium: Review
Vexanium is a blockchain based market platform innovation which allows merchants to earn (Vexanium token) and also enable merchants to promote their products.
Vexanium put more value on voucher and coupon and make merchants gain and attract consumers with this coupon. This help to promote business and consumers also earn with the coupon.
Vexanium has been in existence over 7 years and the founder decided to make it more accessible to everyone in any part of the world, with this thought he decided to bring it to blockchain technology for easy access. Also, The VEXANIUM organization built the largest voucher and couponing platform in Indonesia.
LIMITATIONS TO PROMO MARKET
Marketing strategy in any business is very important and it plays an essential role in any organization. Here is some limitation to the market promo:
Cost of promotion: this is one of the holdbacks in marketing promo, most marketing promo sites charge an average of 15% - 20% in commission per transaction through a CPA (Cost Per Acquisition) or CPS (Cost Per Sale) structure.
Redemption stress: is one of the most annoying parts in trying to redeem the voucher. We see issues like, expired voucher, T&C rules changed
Liquidity: millions of voucher are created every year to reward consumers but most vouchers end up not been useful or damage, and the bad part is many of those vouchers are in a paper form which can't be transferred, many got expired or damage because no access to trade such voucher.
Blockchain Promo Marketing Limitations
In the past few months, cryptocurrency has faced so many bans from campaigning on top giant advert companies like google, facebook, twitter and others which has limited many ICOs and other crypto activities.
Solution by Vexanium:
Most of the above-listed problems (Limitations) has been very difficult for users to cope with and many people have been searching for alternate ways to get those problems solved. Vexanium is providing smooth and fast solutions to those problems.
Decentralized Marketing & Airdrop Platform
Vexanium is a decentralized marketing platform that gives retailers
Access to communicate with users directly without a middleman or centralized server.
It also helps in delivery the right contents to the right set of audience.
Vexanium Online advertisement is been free from government restrictions.
Blockchain Basis
Vexanium platform is a blockchain based which give access to record transactions between parties and the transactions are processed in blockchain ledger also verified permanently without future modification, its set this way to give transparency.
Tokenization
Tokens are used for transactions in Vexanium platform which can also be traded form other cryptocurrency or converted to fiat. Promo voucher can be exchanged to token via Vexanium platform, this gives the user access to redeem their voucher anytime and anywhere.
VEXANIUM Ecosystem
VEXANIUM ecosystem gives users more benefits and functions by providing the following:
VEXM Generator: this is the most awesome part of Vexanium features, it gives merchants the option to create their own tokenized voucher (VEXM). This done by using the VEXM generator template with customizable features. All info will be recorded Vexanium blockchain for transparency and can be view at VEXplorer
VEXplorer
Is the component where you can see all transactions done, with date, time and name. it also gives features that allow users to search for a particular transaction, and transactions can be monitored from it.
**VExchange **
Is the section where users can trade their VEX tokens and all VEXM tokens.
Utilization of Blockchain
Vexanium is built on Achain protocol blockchain was guaranteed a high speed of 1,000 TPS (Transaction Per Seconds) and low transaction fees
**Use Cases Of Vexanium **
Generation of Merchant Token
Vexanium has been in operation for years now with over 1,100,000 users in Indonesia and other countries.
Token Airdrop
This is a way to give discounts to consumers who bought some specific goods.
Example: Fred is a phone dealer and he generated over 100,000 worth of VEX Fredphone tokens which are given to consumers for purchasing the phone from his shop. Each consumer gets 5VEXFP as a discount for purchasing items from Fred’s shop.
Redemption of Token:
Consumers get a discount to buy the product in any shop around their location by using VEX token.
Token Trading:
Example: Emmy needs money to buy a new car and he open his Vexanium app and place a sell order of 5% for his VEXemmy, Nancy saw the sell order and was interested so she placed buy order for it.
Airdrop Campaign
Some ICOs are not sure or know how and where to get the required investors due to the ban on crypto adverts by google and facebook. Vexanium helps to advertise their ICO to the right audience.
Token Details
**TEAM MEMBERS **
More Infomation
Website: https://www.vexanium.com/
White paper: https://www.vexanium.com/files/whitepaper-vexanium-english.pdf
ANN: https://bitcointalk.org/index.php?topic=3313467.0
Telegram:https://t.me/vexaniumcom
Facebook:https://facebook.com/vexanium
Twitter: https://twitter.com/vexanium
Authors details
BTT Username: bl3zzy
BTT Profile link : https://bitcointalk.org/index.php?action=profile;u=1328702
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