Apollon’s business vision is to provide commercial-level integrated blockchain infrastructure services. The core competency for this business model rests on the following: a. a community marketplace concept based on a host of diverse pan-entertainment offerings; b. capable and robust technology deployment in the blockchain, side-chain, and blockchain security; c. strong and secure payment tools and gateways; d. and a 2-tier currency structure with LCash tied to the US dollar to alleviate operators’ pain points.
Apollon’s Solution
By giving commercial-level integration of blockchain technology into existing corporate infrastructure, the Apollon Foundation gives a cheaper alternative to companies and organizations to shift their working to the new age of decentralization. The platform offers:
• An Electronic Shop On The Blockchain: Representing the business on the Apollon marketplace, the shop allows any user commercial retailer, service provider or organization working in a legitimate and defined industry the right to open up a virtual shop, using APO, the Apollon token.
• Delegated Proof Of Stake: Using the latest Byzantine Delegated Proof of Stake model, businesses are given incentive for staking their APO tokens. The e-shop customers can also benefit from the staking model.
• Sidechains: By giving businesses the option to build their own side chains on the main chain, Apollon allows users to create specific chains that run off the main chain, giving shopkeepers use of specific technologies such as smart contracts and flashing.
• Independent Point of Sales System: E-shop owners can create their own PoS or any other form of customer payment system, with Apollon having no involvement in it.
About Apollon Blockchain
Apollon Blockchain’s bold aim is to become a leader in transforming the digital economic ecosystem for global entertainment and leisure businesses. As these fields already move billions in various currencies, and are global in nature, the Apollon Blockchain Project will be an economic boon by providing an underlying technology infrastructure for commercial applications. Apollon Blockchain is creating a highly compatible and expansive structure that will realize the free flow of value for entertainment and leisure in a digital economic network based on blockchain.
The Apollon Platform’s underlying technology infrastructure uses:
- BFT-DPoS (Byzantine fault-tolerant consensus and Delegated Proof-of-Stake), supplemented by blockchain as a consensus mechanism with cutting-edge technologies such as modular smart contracts, zero-knowledge proofs, and state-channel technologies to create high-throughput, high-security, resource-saving technologies with low-cost processing.
- Longtooth, as it is one of the world most innovated decentralized communication protocols, to provide direct communication services without having to use any central servers. This is a better technology deployment method to prevent or reduce any hacking-risk arising on a single point of failure.
- TuYYo, one of the world most secure IM tools to provide state-of-the-art point-to-point, public and private (hot and cold) personal keys, Apollon protects any message or document transferring through the platform.
- NTRUsign signature and the Keccak-512 hash algorithm to reduce risk and threats of rapid development of quantum computing and the popularization of quantum computers.
APO APPLICATION SCENE
The platform service covers the entire entertainment industry, including but not limited to games, tourism, and cultural cross-over activities with efficient payment systems. In addition, the Group would also like to see reduction of transactional costs, increase of operational efficiency, and promotionof newer model of economic growth collectively.
APO Token Generation Event
The APO token drives the exchange mechanism of the Apollon platform. The Main token generation event starts on July 16th, with a tag of 1 APO = USD 1 and 248,000,000 are tokens available for investors. This follows successful private events which lasted from 7th May to 13th of July, where the platform saw contributors purchase 210,000,000 APO tokens.
Visit the Apollon Official Website: http://www.apollon-foundation.org
Read the Whitepaper: http://www.apollon-foundation.org/static/file/Apollon_Whitepaper.pdf
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