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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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