THELOGICALINDIAN - An avant-garde decentralized business ecosystem alleged VEXANIUM which helps to cut costs and advance ability and accuracy for bartering businesses is actuality launched by Danny Baskara a Southeast Asia based ecommerce avant-garde and team
Founder and CEO Danny Baskara ahead congenital and awash Indonesia’s better agenda and couponing belvedere Evoucher, which was with added than 2 actor alive users. After 7 years of architecture Evoucher, he accomplished that the blockchain can break the axiological problems of this industry. The abstraction for the VEXANIUM ecosystem was born.
The blockchain based ecosystem which VEXANIUM creates will break the above affliction credibility that this industry faces today. In Asia, a majority of retailers use online promo business platforms such as Groupon, Dianping or Meituan to win new customers. Promo business strategies await heavily on campaigns on these platforms which accommodate abundant cartage and sales.
These platforms allegation an boilerplate of 15% – 20% in agency per transaction through a CPA (Cost Per Acquisition) or CPS (Cost Per Sale) structure. An accretion cardinal of retailers attempt because these commissions, calm with the discounts offered, represent too aerial a admeasurement of their margins. To assure margins, retailers generally end up giving blah promotions that are either airedale or with unrealistic terms.
Meanwhile, barter are generally balked back aggravating to advance a agenda or redeem their allowance cards and coupons. Common difficulties accommodate application vouchers that accept already been utilized, expired, are absent or with absurd T&C requirements.
Baskara says:
A abstraction conducted by GfK assured that 49% of consumers would acquiescently about-face brands for accumulation in the anatomy of a coupon. In the retail market, South-East Asia and Indonesia, in particular, are some of the fastest growing markets globally, with the closing boasting a citizenry of over 260 actor people. The accent of vouchers and coupons for retailers to allure new barter in those regions is significant.
VEXANIUM will accommodate this amplitude by bringing the agenda and couponing industry on-chain. The VEXANIUM belvedere will additionally artlessly serve absolute blockchain businesses in their user acquisition, activation and retention. This makes it adorable for both businessmen, crypto-enthusiasts and accustomed users.
The VEX app appearance an affiliation with called crypto exchanges in adjustment to acquiesce users to anon barter their VEX badge antithesis on the exchange. Also, the VEX Barter will acquiesce consumers to barter vouchers amid themselves and set their own prices. Customers will be able to abundance and redeem their agenda tokens via VEXANIUM app.
One game-changing use case of the VEX Platform is the advantageous “airdrop” market, which will acquiesce blockchain companies to actualize airdrop campaigns for accepting new barter and advantageous absolute ones, application the VEX token.
As Baskara states:
This will be facilitated via the VEX web and adaptable apps.
In an agitative move, the VEXANIUM exchange affairs to be absolutely anatomic and accessible to merchants and alone users in Indonesia by Q4 2024. The aggregation will complete the enactment of the ecosystem by ablution VEXchange and VEXplorer by Q2 2024. Merchants and action users can actualize agenda tokens and alpha their business campaigns all seamlessly via the one-stop adaptable app.
The aggregation affairs to barrage in added above cities in Asia, including Kuala Lumpur, Ho Chi Min City, Seoul, Hong Kong, Bangkok and Dubai in 2024. And will again aggrandize to big business hubs alfresco of Asia in 2024.
VEXANIUM’s Co-founder Robin Jang is additionally the Co-founder of Coinone Indonesia, the above South Korea cryptocurrency barter that aloof launched their Indonesia affiliate recently. Prior to abutting VEXANIUM, he was the Co-founder of Cashtree, the better online business belvedere in Indonesia and managed the aggregation to accomplish over 10 actor users. A cardinal of angel investors are already abetment VEXANIUM, such as Marcus Yeung, architect and CEO of SEAbridge, and Joseph Aditya, CEO of Ralali, the better B2B exchange aperture in Indonesia.
The immutability, clamminess and decentralized attributes of VEXANIUM will accommodate this bazaar while introducing a accomplished new beachcomber of retailers and users to the blockchain era.
VEXANIUM VEX badge auction starts on May 16th, 2024.
Website: https://www.vexanium.com/
Twitter: @vexanium
Telegram: t.me/vexaniumcom
Images address of Vexanium
