Mon. Oct 26th, 2020

DAPUcases

Direct Apollo Partnership And Use Cases

More Clues to The Secret Project by Apollo FinTech

It is getting under the skin and deep into bones as clues are coming but still unclear what the secret project could be. More clues were given on the AMA with Steve McCullah, Apollo’s Director of Business Development. Whatever it is, we’ll know very soon because CEX, new website, and other products will be here in a matter of days or weeks.

Something bigger than everything, something that will make our lives better, and something new is all that we have for now. Am I dreaming? Is it a new space station with advanced blockchain technology? There are many questions because the plan is for the project to utilize APL (Apollo native coin) and bring wealth to APL holders. In this new asset class, we have Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and many more top assets. The secret project will surpass those assets technology and add much more value to Apollo Fintech than any other asset did for their platform. As of now, that’s the plan.

Question:

There are 9 products/services (or 10, with the secret project).

How much of those products will create demand for the Apollo currency coin directly, and how much of those only indirectly?

I’m asking since there was some doubt in the community forum, so it’s good to have this addressed IMHO.

Answer:

Most of them will use Apollo in a direct way, such as being powered by Apollo’s Blockchain. I believe all of them will have a very significant impact on Apollo’s value and potentially price.

Our “secret” project, for example, is invaluable because it not only creates a demand for APL as a currency, it promotes it in a very big way, indefinitely.

Question:

There are 9 products/services (or 10, with the secret project).

How much of those products will create demand for the Apollo currency coin directly, and how much of those only indirectly ?

I’m asking since there was some doubt in the community forum, so it’s good to have this addressed IMHO.

Answer:

Most of them will use Apollo in a direct way, such as being powered by Apollo’s Blockchain. I believe all of them will have a very significant impact on Apollo’s value and potentially price.

Our “secret” project, for example, is invaluable because it not only creates a demand for APL as a currency, it promotes it in a very big way, indefinitely.

Steve was compelled to share more details after the AMA as he added:

I did mean to come back to this question but its answer would be partially incomplete at the moment and needs quite a bit of time to properly explain.

We have answered the top portion before, there are very specific reasons we have not released a figure. One of those is because we were not raising funds, it was not an ICO. We were solely distributing Apollo only. For legal reasons we have had to differentiate ourselves from what might be normal

otherwise. This question certainly deserves a much longer answer than I have time to give today. Obviously it would be easier for us to put out a number than to explain what I just explained. The only reason we don’t is because of the current legalities and the necessary steps we have had to take to differentiate the project legally from an ICO.

As far as Apollo Fintech as a company,

We just released Apollo Fintech publicly and have no problem answering its specifics. Its only owners are its shareholders. Because it is a private company its shareholder’s personal information is not something that would be public information normally, atleast in any other private company. I can’t release the names of other share holders without authorization, but I can say there is no one that is less dedicated than I am to Apollo that owns any part of Apollo Fintech. I also am fine to openly state that I am personally a share holder and that I will always be.

As far as the following questions,

Where is it incorporated?

A: Hong Kong, but we will have regional sister companies in other nations.

Is it for profit or NFP?

A: It is for-profit.

There are three major reasons for this change:

  1. Institutional investors, funds, investment firms, etc.. are much more likely to invest large amounts in an organization’s coin if they are a for profit corporation with IP and a revenue stream than if they are a non-profit foundation.
  1. Some of the largest organic volume exchanges will not accept new coin listings that have been founded and are operated by Non-profit organization, this has been a hurdle for us in the past. This, we assume, is because of the significantly higher failure rate of foundations over a for-profit with a separate revenue stream.
  1. Both the majority of Governments we have dealt with and many banks look sideways at a non-profit organization with a focus in finance. There are established non-profits in the banking industry but those are typically started by an already established for-profit banking institution.

Who came up with the idea for Apollo?

Etc……

A small group of people contributed to Apollo’s vision at its founding. Some were investors, some were devs, and obviously business professionals. I was one of those original people and have since been the largest contributor to its vision.

Expectations are high in the Apollo camp. The small-cap coin with a bright and starry future project will land like a thief in the night. A coin that was underestimated from the very beginning about two years ago is about to explode and make historical changes to everyday lives. The secret project chants are all over Twitter, Facebook, and it is spreading like wildfire for a good cause. Any day now, something massive out of Apollo Fintech will hit home.

If anyone has any idea what the secret project could be, we’ll be happy to hear from you. So long until a revelation.

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