AlphaX (AlphaX) Review

Industry: e-commerce


It is apparent that e-commerce is a booming industry that opens up a lot of opportunities for industrious people all over the world. According to the official statistics, 1.8 people are engaged in online commerce either as sellers or as buyers, which constitutes 22% of the global population. In 2018, the sales made via e-commerce platforms were not less than 12% of total retails sales both at online and brick-and-mortar stores. By 2021, these figures are expected to reach as much as 18%. Lastly, Paypal, the most popular payment gateway for the participants in e-commerce, reported that they currently maintain 267 million active accounts.

All these stats serve as eloquent evidence that e-commerce is an immensely lucrative scope of activity with the potential to vastly expand in the nearest future.

However, these encouraging numbers don’t characterize the situation as a whole. As almost in any area of business, there is some party that tries to capitalize on somebody else’s efforts. In the case of e-commerce, the problem lies within high commissions and middlemen fees, imposed on the online entrepreneurs.

Since one of blockchain’s main objectives is to eliminate any third party and make financial transactions much cheaper, it would have been natural for a blockchain project to make an attempt at solving the mentioned issues.

AlphaX is a Marshall Islands-based startup that has set itself an aim of infusing the blockchain technology with the power of artificial intelligence thereby creating an e-commerce platform that would benefit the sellers and buyers, not the man that tries to get in between.

The mission statement and solutions by AlphaX

In addition to the problems specified above, AlphaX offers a solution to other burning issues that concern not only e-commerce - data security and transparency of operations. Big companies like Amazon, Alibaba or eBay have enshrined the right for themselves to store the customer data on centralized servers and use it at their own discretion.


  • A blockchain-based decentralized peer-to-peer marketplace that is run with the help of artificial intelligence. The AI is responsible for collecting and analyzing data, improving the search function, providing assistance to the network users through cataloging, customizing user experience, and overseeing the chat bot functions;
  • The fully-fledged crypto payment solution that features the ERC-20 compliant utility token named AX Coin, the ready-for-download Alpha-X Wallet developed on the basis of Scrypt algorithm, and integrable Alpha-X Exchange that allows for trading fiat to crypto and vice versa, and is absent of any trading fees. All transactions, carried out within the framework of AlphaX ecosystem, are also commission free. 
  • The variety of marketing options and loyalty programs realized through the extensive use of AX Coin and the cooperation with other crypto exchange platforms, such as Localbitcoins. 

Founded: 2019, Marshall Islands

Social networks

Conversion Block

  • Token AX
  • Type Utility
  • PreICO Price 1 AX = 0.5 USD
  • Price 1 AX = 0.1 USD
  • Bonus Available
  • Bounty Available
  • MVP/Prototype Available
  • Platform Separate blockchain
  • Accepting BTC, ETH, BCH, LTC
  • Minimum investment 1 USD
  • Soft cap 1,500,000 USD
  • Hard cap 13,100,000 USD
  • Country Marshall Islands
  • Whitelist/KYC KYC

More on ICO

Technical details

  • Token AX
  • Platform Separate blockchain
  • Type Own
  • PreICO price 1 AX = 0.5 USD
  • Price in ICO 0.1000 USD
  • Bonus Private Pre Sale - 15 Sep 2018 - 15 March 2019 - 50% Open Pre Sale - 16 March 2019 - 30 April 2019 - 30% Open Sale / Crowdsale -01 Mai 2019 - 31 July 2019 - 10%
  • Tokens for sale 170,000,000
  • Min. investment 1 USD
  • Accepting BTC, ETH, BCH, LTC
  • Distributed in ICO 85%
  • Soft cap 1,500,000 USD
  • Hard cap 13,100,000 USD 


  • Apr 2018 Idea came with Internet Of Things making life simpler
  • May 2018 Research, Team building
  • June 2018 Idea analysed and Improved, Finalized the product
  • July 2018 AlphaX- Website Launched
  • Aug 2018 Alpha-X Whitepaper Launched Alpha-X Blockchain Created Alpha-X Source code published on Githhub Posting over Bitcointalk and other Forums
  • Sept 2018 ICO Launched Private Pre Sale
  • Oct 2018 Bounty Campaigns
  • Nov 2018 Airdrop + Bonus
  • Dec 2018 QT Wallet Launched for Windows, Mac & Linux Listing on Exchange Listing on Coinmarketcap
  • Q1 2019 Pre-Sale, Security Audit Report, Listing on Exchange
  • Q2 2019 Crowdsale, Alpha-X marketplace development, Security Audit
  • Q3 2019 Alpha-X Mobile Wallet
  • Q4 2019 Data collections for X-intelligence, machine learning
  • Q1 2020 Major coins integrations and, security audit for exchange, Alpha-X Exchange development
  • Q2 2020 X-Intelligence development, Alpha-X Marketplace completion and launch
  • Q3 2020 X-Intelligence, Prototype Exchange, Beta launch
  • Q4 2020 X-Intelligence Launch, Alpha-X foundation
  • Q1 2021 Foundation integration with products
  • Q2 2021 Alpha-X ecosystem completion and product integrations


  • Oleg Olefirenko CEO and Marketing Expert
  • Myroslav Vakulyuk Chief Business Development Officer
  • Mycola Davidenko Chief Account Manager
  • Nikita Jaisinghani CTO
  • Awais Bajwa Legal Analyst
  • Swati Koundilya Node Developer
  • Papia Khatun Asha SEO and SMO Expert
  • Govind Mishra Angular developer
  • Janardan Mishra Node Developer
  • Nanasaheb Pote Devops Engineer
  • Elena Bennett Public Relation Manager
  • Swapnil Mundhe Asst. Software Engineer
  • Akshay Wagh Blockchain Developer
  • Amey Ruikar Asst. Software Engineer
  • Neha Singh HR Executive
  • Puspendra Angular Developer
  • Roberto Lorusso Sr. Creative Director
  • Oliver König Web Developer

Start: May 1, 2019

End: July 31, 2019

103 days left

Ternion is another fantastic looking project. It's solid team and overall excellent vision are going to catapult this project into the next level of crypto trading. Their platform will integrate fiat trading to enable day traders with the ability to cash in and out with fiat. Still, no exchange has accomplished this simple feature. Ternion will probably be the first, and I want to be there when they make it happen.

Roland   April 6, 2019  

Woah FABA coin! Now this is a game changer. FABA is talking about building a platform for non-accredited investors. Does anyone know how huge this is? This is just as big as institutions buying up crypto and having custody of it. Allowing N-A investors a piece of the pie is crucial in creating the decentralized economy and allowing more players to join. Crypto is meant to be available to everyone, not just the elite few. FABA is here to make everyone money, and this coin is going to be the next big hit. It's logo is awesome and their vision speaks to the majority of crypto enthusiasts.

Corey   April 6, 2019  

Foodnation is working on a respectable platform. They understand that only a few food delivery companies have control of the entire marketplace. This is unacceptable in the current time period. Food companies on a smaller scale should be allowed to gain exposure without being overshadowed by the few companies that own the majority stake. The team is filled with professionals of their given network, and they are adamant in making a change in one of the most important aspects.

Carlos   April 6, 2019  

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