ApolloX — A Platform For Building Decentralized E-Commerce Applications and Services on Blockchain

Arul Daroy Atjeh
5 min readAug 20, 2018

The e-commerce industry has been booming over the past two decades and has led to the emergence of online shopping giants such as eBay, Amazon and Alibaba. This industry is only growing and shows no sign of stopping, however, it is far from perfect. The rapid growth of these e-commerce giants has caused large centralization issues such as the misuse of power, unfair pricing, hidden costs and data abuse.

The ApolloX protocol has been created to enable e-commerce services and applications, but in a much fairer and efficient manner than currently is the industry standard. ApolloX is certain it can decrease e-commerce costs by 40% and create an ecosystem that thrives based on its active community. The ApolloX platform has set out to empower the world’s first online marketplace fully operating on blockchain technology.

What is a Platform ApolloX.?

ApolloX is a platform for building decentralized e-commerce applications and services on blockchain. ApolloX will use tokenization and decentralization to replace today’s rent-seeking enterprise with a new model of complete shopping protection, data security and minimal commission. ApolloX also called a blockchain service for decentralized e-commerce apps and services, with trust and transparency, w/out information silo and monopolistic middlemen

Platform ApolloX is the very first blockchain solution for online e-commerce with a large number of existing participants and mainstream adoption. It also has the potential to disrupt the existing online marketplace landscape and become the first choice of online channels to sellers globally, especially new sellers with cross border selling needs. Existing marketplaces or shops may also migrate their business to ApolloX platform for cost reduction, faster customer acquisitions and better brand recognition.

The ApolloX Protocol is designed to be an universal blockchain platform for the future ecommerce industry with decentralized ecosystem connecting buyers and sellers with trust and efficiency, without information silo and commission fees. The ecosystem has three building blocks:

  1. Shops Powered by ApolloX: Independent web stores and decentralized marketplaces built with ApolloX Protocol.
  2. ApolloX Protocol: A protocol layer that makes it easy to build decentralized e-commerce applications and services on blockchain.
  3. 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.

Why ApolloX Decentralized E-Commerce

  • Trust.
  • Data Monopoly brings unfairness.
  • Aligning Incentives for Platform and Users.

How The Platform ApolloX works

There are multiple ways for each role to earn and spend APXT in the ecosystem:

  • Customers can earn APXT by opening accounts and connecting social networks.
  • Sellers need to pay for platform service fees such as advertisement and search ranking with APXT.
  • Members bring in affiliate traffic earn APXT as rewards for affiliate orders.
  • Premium members who hold APXT tokens receive perks such as discounts in purchasing and free service.

The Advantages of Platform ApolloX E-Commerce

  • Proven high performance over thousands of transactions per second.
  • Proof-of-Stake based consensus mechanisms that is energy efficient.
  • Inter-blockchain communication support that enables application collaboration to communicate across different chains.
  • Independent governance mechanism allowing quicker and cleaner resolutions on issues such as theft and bugs.

Features Platform Apollox Protocol

  • Attribution Protocol: Rewards community for referral traffic and affiliate sales
  • Payment Protocol: Securely transfers payment between buyer and seller to prevent frauds and accelerate turnarounds.
  • Reputation Protocol: A trustable review system for products and sellers. Rewards authentic high quality reviews and penalizes fraudulent behaviors
  • 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.

ApolloX use cases

  • Decentralized Marketplace: The decentralized marketplace with an unparalleled user experience.
  • Independent Stores: Powers independent stores with blockchain and the ApolloX network , charging minimal fees and producing intrinsic traffic.
  • E-Commerce Services: Service businesses for the sellers and buyers, such as decentralized shopping data exchange and decentralized shopping insurance market.

Token Sale ApolloX

The ApolloX platform will initially generate and issue 10 billion tokens. The token sale will launch soon after the incorporation of the ApolloX Foundation. If you would like more information about our token sale, you can visit the link below:

Website: https://apollox.network

Whitepaper: https://apollox.network/whitepaper

Telegram: https://t.me/apolloxgroup

  • Name Token: APXT
  • Total Suplly: 10.000.000.000 APXT

Allocation of ApolloX Token

Use of Token Sale Proceeds

The funds raised from the token sale are intended for the following purposes:

  1. Fund the development of the ApolloX Protocol.
  2. Partnership and strategic partners.
  3. Marketing for ApolloX platform.
  4. Legal expense.
  5. Operation expense related to migrating the ApolloBox platform to ApolloX Marketplace.

Roadmap

Team ApolloX

Advisors ApolloX

Media ApolloX

Investors

For More Info Contact Us At Link Here:
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
BITCOINTALK:
https://bitcointalk.org/index.php?topic=4650252
REDDIT:
https://www.reddit.com/r/ApolloX
MEDIUM:
https://medium.com/@apolloxnetwork

Bitcointalk Username: (aruldaroy)
https://bitcointalk.org/index.php?action=profile;u=1164939
Address Eth: 0x0b91554F1C0E2534E5e8a904a06F1B596e811EaD

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Arul Daroy Atjeh

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