this is a project Review about VEXANIUM
NOTE: this review is as a result of researches i made about the project.
When ever I'm analysing a blockchain project that will be a successful one, there are certain factors i do look out for:
1. The project and the use case
2. The team behind the project
3. The token specification and sale structures
4. The Roadmap
NOW, let's look at VEXANIUM in the aforementioned categories.
1. THE PROJECT AND THE USE CASE
We all know the importance of blockchain technology, and the rapid growth of online market is increasing on daily basis.
Due to the level of security and transparency offered by the blockchain technology, decentralising online market place on blockchain is an unique and innovative way to solve existing problems associated with e-commerce.
VEXANIUM is a decentralized marketing ecosystem. Utilizing blockchain technology, it builds an online marketplace that allows merchants to tokenize their rewards and promote their products efficiently.
VEXANIUM is disrupting the global promotional marketing industry developing a decentralized marketing ecosystem. It is creating a tokenized rewards and voucher platform with two goals – to bridge the off-chain to onchain gap for retailers and consumers, while also serving those that are already on-chain. The VEXANIUM Platform will revolutionize today’s voucher and rewards industries by solving their major pain points such as poor economics, illiquidity and redemptions.
VEXANIUM’s platform is also able to provide an Airdrop solution to address to the surging demand of blockchain businesses to reach their target audience. Ultimately, VEXANIUM allows a whole new wave of retailers and consumers to enter the blockchain era, while also providing the most effective way for blockchain businesses to expand their reach.
It has the ultimate goal of bridging the off-chain to on-chain gap for retailers and consumers, while also serving those that are already on-chain. The VEXANIUM Platform will revolutionize today’s voucher and rewards industries by solving their major pain points. At the same time.
The VEXANIUM Platform will also enable blockchain businesses to reach their target audience better through decentralized airdrop campaigns. Ultimately, the platform will allow a whole new generation of retailers and consumers to enter the blockchain era, while also providing the most effective way for blockchain businesses to reach their target audience.
2. NOW LET'S LOOK AT THE TEAM BEHIND THE PROJECT.
It is known that the success of any project depends on the team behind it, the VEXANIUM team is made up of professionals with vast experience in fintech, IT development, marketing and communication, software development, and business development who has proven themselves to be transparent and take the success of the project as there major priorities.
The team is lead by Danny Baskara, he was the founder and CEO of Evoucher Indonesia, the biggest online market place in Indonesia with over 2,000,000 active users. As such, he has deep understanding and insight of the promo marketing industry. Danny is a serial entrepreneur with over 12 years of experience in Digital Marketing, Advertising and ECommerce.
Followed by
Robin Jang, Co-founder & COO ,
Irwan Barus, CSO,
Manto Tan, Developer
And lots of advisers to help achieve the goal of the project
3. THE TOKEN SPECIFICATION AND SALE STRUCTURE.
VEX tokens will be issued as an ATP 1.0 Standard Token on the Achain Blockchain Protocol. ATP 1.0, the Achain token standard, is a technical standard used for smart contracts on the Achain blockchain.
Token Symbol : VEX
Token Sale Opening Date : May 16th 2018
Token Sale Closing Date : June 6th 2018 (or if it reached hardcap)
Total Token supply : 1.000.000.000 VEX
Token Sale : 400.000.000 VEX (165,287,893 VEX SOLD)
ICO Token Price : 1 ETH = 20.000 VEX Token + Bonus 5% (1000 vex),
THE ALLOCATION.
TOken sale : 40%
Early investor and Advisers : 15%
Vexanium foundation : 20%
Vexanium Team: 15%
User Incentives: 10%
4. THE PROJECT ROADMAP
Phase 0: Project Initiation and Token Sales (Q1/Q2 2018)
Phase 1: Launch of VEXANIUM in Indonesia (Q3/Q4 2018):
During Phase 1, the VEXANIUM marketplace will be fully functional and open to merchants and individual users in Indonesia. Merchants and enterprise users can create voucher tokens and start their marketing campaigns all seamlessly via the one-stop mobile app. Customers will be able to store and redeem their voucher tokens via VEXANIUM App.
Phase 2: Establishment of VEX Ecosystem (Q1Q2 2019):
In Phase 2, VEXANIUM will complete the establishment of the ecosystem by launching VEXchange and VEXplorer. VEXchange is a token marketplace that allows users to trade VEXM and VEX. Its function is to maximize the liquidity of tokens to increase the usage and redemption of merchant vouchers.
Phase 3: Business Expansion to Asia (2019):
In this Phase, we expect that VEXANIUM will already have proven its successful business model and gained significant traction in its home market. We will then expand to major cities or business hubs including Kuala Lumpur, Ho Chi Min City, Seoul, Hong Kong, Bangkok, Dubai and Singapore.
Phase 4: Business Expansion to Outside Asia (2020) :
In this period.vexanium will focus and try to engage to market outside asia such as European countries, South American Countries , Africa where the most poplated countries in the world that support cryptocurrency
IN SUMMARY,
With all this rewiew, i believe the project is worth given a consideration and after diligent research i found out that VEXANIUM has been rated positively by a lot of cryptocurrency experts.
OFFICIAL LINKS:
WEBSITE: https://www.vexanium.com/
WHITEPAPER: https://www.vexanium.com/files/whitepaper-vexanium.pdf
TWITTER: https://twitter.com/vexanium
TELEGRAM: http://t.me/vexaniumcom
FACEBOOK: https://facebook.com/vexanium
REDDIT: https://www.reddit.com/r/Vexanium/
MEDIUM: https://medium.com/@vexanium
WRITTEN BY :
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