APXT Token Sale

ducthuanckm2003
1 min readSep 10, 2018

The ApolloX platform will initially generate and issue 10 billion tokens. The token sale will

launch soon after the incorporation of the ApolloX Foundation.

1. Allocation of ApolloX Token

  • 38% of the tokens will be held in reserve for the marketing events and for future end-users, to encourage participation in the ecosystem. Tokens will be distributed to attract large brands to the ApolloX marketplace or used to attract developers to build feature enhancing applications

    on the ApolloX platform.
  • 35% of the tokens will be given during the token sale.
  • 5% of tokens will be pre-allocated to ApolloBox for its role in developing the initial ecosystem of ApolloX Marketplace. ApolloBox will contribute its brand and integration of 1+ million active

    users with ApolloX.
  • 15% of tokens will be pre-allocated to the team for developing the technology and operating the Foundation. This token allocation will be subject to a long-term (3 years) vesting period.

2. Use of Token Sale Proceeds.

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

  • Fund the development of the ApolloX Protocol
  • Partnership and strategic partners
  • Marketing for ApolloX platform
  • Legal expense
  • Operation expense related to migrating the ApolloBox platform to ApolloX Marketplace

Learn more:

  • https://apollox.network
  • https://medium.com/@apolloxnetwork
  • https://twitter.com/apolloX_network
  • https://www.reddit.com/r/ApolloX/

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ducthuanckm2003

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