Review on Apex by Robiul Islam
Apex technologies is developing innovative solutions combining Big Data…
Apex technologies is developing innovative solutions combining Big Data artificial intelligence and the blockchain to tackle heart problems and data marketing and customer relationship management, this provides an enterprise or company with customer data technology solutions that help marketers connect unify analyze and activate their customer data, the actual project itself Apex network is an open source project and it was created in December of 2017 Apex network is developing a blockchain platform in an ecosystem aimed at solving the problems currently faced by businesses and their business consumer interactions, Apex network puts the customer back into control of their data instead of relying on third party data hoarders who siphoned data from consumers and run away with all the profits.
Taking back control of user data and finding a fair and honest way to monetize it with the users permission and benefit is a huge market, there's a lot of projects focused on giving power back to the people when it comes to their own data, I will say that I like that the projects I enjoy seeing other platforms outside of eath being used for furthering the crypto ecosystem, it also like that they're going to be utilized in sidechains to promote scalability and then they have some pretty heavy hitters backing them, as with most projects in the early stages of development only time will really tell how successful they are but if they continue to under-promise and over-deliver I think they'll be just fine.
Updated 5 years ago
Rating has not been changed
Team have been working on during the last two months and leading up to the launch of our initial mainnet. Jun 25 the Initial Mainnet Technology Launch which means that the APEX Network blockchain’s infrastructure, technology, and code are Mainnet-ready and have entered Phase 1 of APEX Network Mainnet, the phase in which preparations for token swap and transition of the CPX ledger from NEP-5 to APEX Network will take place.
Pros
- In obvious strengths is the fact that their parent company has something like 360 + existing mid and large size enterprise customers that are already working with them, the project itself has been delivering on all the roadmap promises with the Apex vault which came out on time in Q3 18, the testnet in Q4 18 then the mainnet Q1 2019, they state that 70 plus enterprises have expressed interest in piloting the blockchain solution while 20 have been accepted for the piloting process.
Cons
- There was some drama during the ico in the very beginning with a telegram community recognized that the ICO contribution address had changed that in nowhere, there was some confusion and then eventually the team put out a statement that a short while after the start of the crowd sale malicious actors were able to take control of their website and change the ICO address to another address that they were taking out of, I wasn't able to find out exactly how many people fell victim to this scam however the team said that they will be sending the correct amount of CPX to the people who sent their NEO to the wrong address which is pretty amazing for a team to do. The main issue reported from the community has been low volume or lack of accessibility for new investors.
