E-commerce market share in Asia, including Southeast Asia such as Indonesia, Thailand and Vietnam. Saving money for all the US and growing fast. The coupon and gift card methods are still applied by companies and merchants to maintain consumer loyalty with the aim of increasing sales results. However, the e-commerce market faces many difficulties, such as the swelling of promotional costs, the low rate of coupon liquidity, both on the merchant and consumer side.
"Using the Vexanium platform, companies can create points in loyalty program applications as digital tokens made with our Achain blockchain technology. Digital tokens in this case can determine the number of units issued within a given time range. So, there is a number of tokens or dots issued.
A study conducted by GfK concluded that 49% of consumers would gladly switch brands for savings in the form of coupons. In the retail market, Southeast Asia and Indonesia, in particular, are some of the fastest growing markets globally, with the latter having a population of over 260 million people. The importance of vouchers and coupons for retailers to attract new customers in the region is significant.
VEX Tokens will be listed in Tokenomy after platform launch. Partnering with fIndodax.com (formerly bitcoin.co.id), South Korea's largest digital asset exchange, Tokenomy helps VEX access to 1,000,000+ potential investors and traders.
The VEX application has integration with selected crypto exchange to allow users to directly trade their VEX token balance on the exchange. Also, VEX Exchanges will allow consumers to trade vouchers among themselves and set their own prices. Subscribers will be able to store and redeem their voucher token through the VEXANIUM application.
One game-changing use case of the VEX Platform is a profitable "airdrop" market, which will allow blockchain companies to create airdrop campaigns to gain new customers and reward existing customers, using VEX tokens.
"For companies that want to take advantage of the VEXANIUM platform and want to create digital tokens on their applications are required to purchase a large number of VEXANIUM digital tokens, VEX, because every transaction uses tokens, included in transaction fees," Danny stated. This will be facilitated via VEX web and mobile apps.
In an exciting move, the VEXANIUM market plans to be fully functional and open to individual merchants and users in Indonesia in Q4 2018. VEXANIUM will complete the establishment of the ecosystem by launching VEXchange and VEXplorer by Q2 2019. Merchants and enterprise users can create token vouchers and start campaigns marketing them seamlessly through the one-stop mobile app.
Founder and CEO of VEXANIUM Danny Baskara previously built and sold the largest coupon voucher and voucher voucher, which has more than 2 million active users. After 7 years of building Evoucher, the founders realized that blockchain can solve the underlying problems of this industry. The idea for a VEXANIUM ecosystem was born.
VEXANIUM will revolutionize this space by bringing coupon and coupon industries in the chain. The disability, liquidity and decentralized nature of VEXANIUM will revolutionize this market while introducing a wave of retailers and new users into the blockchain era.
A number of large investors have supported VEXANIUM, such as Marcus Yeung, founder and CEO of SEAbridge, and Joseph Aditya, CEO of Ralali, the largest B2B market portal in Indonesia.
For more information visit the following link:
Whitepaper : https://www.vexanium.com/files/whitepaper-vexanium.pdf
Website: https://vexanium.com
Facebook : https://facebook.com/vexanium
Telegram : https://telegram.com/vexanium
Twitter : https://twitter.com/vexanium.com
Linkedin : https://www.linkedin.com/company/vexanium/