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Ratings ApolloX

Empowering Decentralized Global E-Commerce

ApolloX is a decentralized ecosystem for global e-commerce. We built an e-commerce protocol to enable real-world e-commerce applications running on the blockchain. We connect buyers and sellers with trust and transparency, without information silo and monopolistic middlemen. With our unique blockchain technology, ApolloX brings benefits to both consumers and sellers.

4.0
12 11 expert ratings
Benchy 3.9
KYC
Experts
4.3
3.8
3.8
Review: coming soon PRO
Ended
Token
APXT
Type
Price in ICO
0.0055 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
preICO start
1st Sep 2018
preICO end
11th Oct 2018
ICO start
1st Feb 2019
ICO end
28th Feb 2019
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Aug 24, 2018
5
4
5
11%

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

"ApolloBox passed $1M monthly sales."

Seems like very good traction. Where do we view these results?

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Ong Jun Hao
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert
Rated on Sep 6, 2018
Modified on Oct 4, 2018
4
4
3
11%

Good project and theres a huge demand for project like these. Ecommerce is one of the biggest market globally right now and many problems arise with centralization (as seen from hacks etc). This project solve this problem and taps on the huge market. Good team as well.

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Shohel Alam
ICO,IEO Advisor| Blockchain Consultant | Growth Hacker | Listing On Exchanges | Marketing And PR Expert | Mentor
Rated on Sep 18, 2018
5
4
4
9%

AplolloX is new era for eCommerce industry. Good and experienced team members and also have good advisory board. KYC approved. Concept looking good.

Vision is quite nice eCommerce is already a big thing today and ApolloX comes in market with blockchain it's really good for all.

About MVP: They have MVP in Apple store and quite nice. Best of luck team and this project.

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Suzat Fernandes
CFO & Co-Founder
Rated on Aug 25, 2018
5
4
4
8%

ApolloX vision of decentralizing global e-commerce is a highly ambitious project. There are other players in the market as well. KYC is done and the team appears to be highly experienced. They will need the right marketing and advertising tools to make this project a success.

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Paresh Masani
Engineer
Rated on Aug 29, 2018
Modified on Aug 29, 2018
4
3
3
8%

Good team and good social appearance. Whitepaper could be improved with more finance information with competition analysis. The biggest concern I have is this is yet another project trying to decentralise e-commerce! There are plenty of failed projects already and none of the projects generated any ROI for investors. They have mentioned list of Investors on the website but there are not authentic information out there for community! Softcap is very high! I would like to get more details from the team.

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Dennis Oosting
Founder of Serendipity Blockchain Solutions
Rated on Sep 11, 2018
3
3
2
7%

E-commerce is booming, with giants like Amazon, Ebay and Alibaba. However, these are only a handful of the dozens of e-commerce platforms – all sharing one problem: centralization. There are fraudulent reviews, hidden prices and knowledge abuse. ApolloX is a platform aiming to provide a couple usecases, such as a decentralized marketplace, independent stores and e-commerce services.

I feel that the team behind ApolloX is fairly Asia specific and lacking attraction to the western world. They have M. Hossain and J. Gale on board as advisors, which does help them. However, I am unsure what their roles are in the project.

The team has set the softcap at $4M and the hardcap at $20M, however for the team to gain enough traction in this space against the big competitors I believe they would need a lot more money to become successful. Especially, since they do not have a working platform as of yet. The team has set the goal to be fully live as a decentralized service somewhere in 2020 – which is far out and gives competition, blockchain-based or not, a lot of time to improve and revolutionize their services.
According to the ApolloX team, the platform currently has 1 million users and 15 million annual GMV thanks to its strategic partner ApolloBox. Over 200 global brands and online shops have become members of the ApolloX decentralized marketplace, but will it be enough to take on the established competitors?

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Doris Cornago
Account and Investor Relations Manager at Utopian Capital
Rated on Sep 13, 2018
4
4
5
6%

A good team on a commendable mission and an essential product will surely interest investors. Marketing is a main concern here as for most ICOs which failed to reach their hard cap due to lack of community support. Find the most credible agency to collaborate with your team because that is the yardstick by which ICOs are measured.

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Joseba Sainz de Baranda
SMOTION Founder| MDes Industrial Product Design | Industrial Engineering Degree
Rated on Sep 11, 2018
Modified on Sep 11, 2018
4
3
3
6%

As a personal opinion, in essence, a crypto project based in other one but centralized, has no future “per se”. The concept bases had been used in other e-commerce related projects - middleman high fees (30%), protection against fraudulent sellers, control over buyer/seller data, a different selling model from Amazon, Ebay,…-. What is more, there are other projects like this one already performing in exchanges (INS). Nothing different in crypto space but its strategic partner ApolloBox (5% pre-allocated tokens), which will contribute with the integration of 1+ million active users and will develop the initial ecosystem, could be the key point for success or not. Good to see a long-term investing period for team members (3years – 15% tokens). KYC passed. Despite a clear and detailed description of the current e-commerce market, a decentralized solution and ApolloX protocol modules, there is a lack of financial information.

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Gary Chan
Community Manager
Rated on Sep 13, 2018
Modified on Oct 23, 2018
4
5
5
4%

E - commerce is already a big thing today and blockchain can help to make E - commerce better for all end users and consumers alike. A strong team with a great vision and user friendly product will have great potential.

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Arfan Chaudhry
ICO Marketing / Influencer Marketing / Crypto Trader
Rated on Aug 29, 2018
5
5
5
3%

The idea I like I think it has potentials. They are a fully functioning solid team already with a lot of press on sites like Techcrunch and so on. I didn't see any MVP however the company does have a fully functional product which has made over a million dollar so converting that shouldn't be too hard. I look forward on seeing what comes out of this project. Whitepaper is well written as well.

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0
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Anthony Manfre
Founder TOTS
Rated on Sep 25, 2018
Modified on Feb 19, 2019
4
3
3
2%

Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.

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Benchy
ICO analyzer bot
3.9
24%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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3 members invited
An Li
Passed
Jingyi Zhou
Passed
Kyle White
Passed
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