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.
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.
Founded: 2019, Marshall Islands
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.
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.
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.
We list the most relevant upcoming crypto market ICOs from the industry leaders
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