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.
Project Roadmap/Milestone
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 19.
VEX Token Economy
VEX Token-Token Usage
VEX are the tokens used to access services across the entire VEXANIUM ecosystem. The major uses of VEX tokens are: (1) Service Fees for Merchant Token Generation Merchants will be paying service fees in VEX to generate their own token. For example, XYZGym is generating 1,000 pieces of $100-USD-worth gift card tokens. It will need to pay the equivalent amount of VEX tokens to the VEXANIUM platform. (2) Service Fees of Airdrop Campaigns Merchants will pay service fees in VEX based on the number of target audiences it reaches out to in the VEXANIUM platform. For example, when MBurger needs to airdrop their coupon tokens to 100,000 VEXANIUM users, the platform will collect the equivalent amount of VEX tokens from MBurger. (3) Trading Tokens VEX will be the main trading pair for all tokens or cryptocurrencies on the VEXchange platform. (4) Trading Fees Users will receive 50% off on trading fees in VEXchange if he/she holds a certain amount of VEX.
Business Operations
Business and Revenue Model VEXANIUM’s income will come from 4 major streams in the VEXANIUM Ecosystem: (1) Service Fees from Merchant Token Generation: Merchants will be paying an amount of VEX as a service fee based on the quantity and value of the VEXM generated. (2) Service Fees of Airdrop Campaigns Merchants will be paying an amount of VEX as a service fee based on the quantity and value of the VEXM being distributed to the target audiences. (3) Trading Fees in VEXchange (4) Advertising Fees in VEXplorer 5.2 Sustainability Sustainable Token Economy VEXANIUM’s income of VEX tokens will be locked up for two years to ensure a reasonable and effective circulation. Such a mechanism will also ensure the sustainability of the VEX token economy and VEXANIUM operation.
Visit
Website : https://www.vexanium.com/
Whitepaper : https://www.vexanium.com/files/whitepaper-vexanium-english.pdf
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1708593