Plentix | The Decentralized Referral Marketing Platform

Plentix provides platform to users to refer other users to a business entity and enables business entities to leverage existing APIs for industry specific referrals under the condition of safety. It’s a modular tokenized platform which gives benefits to customer, brands and businesses that sign up. If a person refers a friend using the easy-to-use Plentix interface, the referee will receive a discount code which can use to purchase from the specific businesses they were referred to. It is active only for a period of time.

Within the platform of Plentix it offers,

open-source APIs – It helps to build referral programs and it gives flexibility to have their preferred features

The reward options – It can be customized by businesses.

The flexible, easy-to-use and low-cost referral program

an ecosystem which all participating businesses will share a common digital currency

APIs for further integrations and customizations

programming fee for Programmers

There are two options to build an effective referral campaign. They are,

Plentix Platform – It creates a stand-alone referral program with the assistance of open-source APIs

Plentix DApp / Ecosystem – Within this system it can be shared a common digital currency with other businesses participating

Though there are referral programs in the current society, there are some problems associated with them. Those can be identified as,

Businesses are struggled in creating their own referral program

It is difficult to give the users to ability to interact, exchange or easily refer family, friends or colleagues from anywhere in the world

It is difficult to integrate the POS, Retailing Sale System or App technology into a referral program at a less cost

It is difficult to create tangible, secure value in a rewards program to attract potential customers as referees

It is difficult to give a safe and confidential feeling to the referees

It is difficult to ensure the value that they have earned

Plentix is able to address these problems with the assistance of BlockChain technology. By providing,

A decentralized, distributed ledger – It is a safe and secure system for referees since no one can alter records or change the system

A decentralized, distributed blockchain system – Business and developers can build on it.

Immutable records – The system is secured .It cannot be changed by any party.

A consensus mechanism – It is removed the centralized authoritarian

Security –The referrers have the confidence to contact any one form anywhere in the world

Smart contracts – It specifies why, how and when the terms of the agreement with a company will be executed

Smart contracts automation – It allows business to play with supported

Software whiling reducing cost with effortless scaling capabilities and automation

However there are some issues in the blockchain technology that can be affected to the Plentix project as well. Those can be identified as scalability, speed, transactions cost, multiple micropayment channels and poor usability.

The REFER Token will be allocated as follows.

Token sale – 70%

Founders and Team Members – 15%

Advisors Referral and Bounty – 5%

Strategic partners -5%

Community and Referral – 3%

Liquidity Reserve – 2%

So raised fund will be allocated to create a stable, scalable, reliable and distributed platform for the referral economy. Accordingly,

Development – 30%

Business Growth, Marketing and Communications - 40%

Operations, Legal, Compliance, Internal Audit Controls and Team Compensation Incentives - 30%

The minimum soft cap that expected to rise is 3,000,000 USD where maximum HardCap is 24,200,000 USD.

In the near future it is expected to achieve followings.

Launching TGE and Pre-Sale

Extending platform development

Releasing beta test version

Releasing main platform to the public

Enhancing features addition

The project is driven by a very strong team comprises with a no of experts in the fields of IT, BlockChain Technology, Law, Community Management, Finance, Marketing, Process Management and so on.

Plentix Team