Plentix Aims To Create a Similar Network Aimed at The Referral Economy

ABOUT US

Plentix is a blockchain-based project that aims to legalize the referral economy and spread the prize to all participants. Merchants, users, friends, even app developers can receive awards in the form of discounts or Plentix tokens. The choice to buy ICOs rather than traditional seeds and A series funding through venture capital allows community participation and the opportunity for everyone to benefit from a global referral economy.

Review Project

How does the sound of a modernized platform reference for you? Is it reliable and more promising? Does it look safe and reliable? Will you get the best benefits from him? All of these questions may arise if you have not understood the concept of Plentix, which will connect you to an online referral program. Not only can you use this platform to connect, you can also expect multiple awards with PTN token.

Problems for Tackle

The concept of Plentix may still be vague for you, but here's a big picture: When you're going to join a website, a market, or when you want to buy something or hire a service, do you make that decision yourself? Do you have someone else recommending those things to you, giving you suggestions to buy and what not? Referrals are basically similar to a review - the main difference is that referrals are direct actions that encourage others to use the same product or service, while reviews are mostly about written experiences from previous users.

The industry in business has spent millions on marketing and advertising alone, focusing on ways to reach the target market. Do you not think that money can be used well for other things, like better development or branding? The same problem occurs with customers as well when they choose the wrong or unnecessary product or service. The money spent on those things can be used for purchases or other useful activities.

This is a common problem that Plentix tries to solve. The developer team is trying to deliver the best results for both worlds: businesses and users. Through this blockchain referral platform, businesses can focus on targeted markets, leveraging their marketing funds for better activities. In the meantime, customers can get better inputs, opinions, or reviews about the product or service so they will not waste their money without a reward.

Blockchain technology involves real-world use

Cryptocurrency may be stuck, but blockchain technology is increasingly finding real-world use. The Swiss city of Zug has begun registering its citizen ID with crypto-address on the Ethereum blockchain. As recently reported by Bitcoin Magazine, GRNET, a national research and educational network of Greece, is working on a pilot project to verify a student's diploma with Cardano blockchain. According to the project's official yellow paper, RefToken is built on the Ethereum protocol and aims to create new markets in blockchain for merchants and affiliates. Recent uses for blockchain can disrupt the marketing economy of referrals and this is where Plentix comes.

What is a referral economy?

Much has changed since the S. rosenbaum serial entrepreneur identified the "Birth of the referral economy" in 2014. At that time, Danielle Morrill of Refer.ly was quoted telling TechCrunch that being an affiliate was "difficult". Fast forward for four years and signing up to become an affiliate with the likes of Amazon has never been simpler or easier. Being part of a referral economy by getting discounts, credit or even cash by referring someone to be just as easy. According to P. Schmitt et al writing for Harvard Business Review, customer referral programs can "drive stunning profits". However, a new company called Plentix believes that blockchain-based referral networks can interfere with and improve the current referral landscape significantly.

What is a Plentix Offer?

According to their official website, Plentix aims to develop a decentralized blockchain-based online referral program. Their platforms and apps will connect and reward all participants through a new cryptocurrency called 'Plenty'. Vision Plentix is to improve the effectiveness of referral marketing for companies and to increase rewards for customers who refer to a product or service. Although the Plentix system will require companies, programmers and developers to collaborate extensively behind the scenes, customers will only see the front-end interface, the Plentix app.

How does Plentix work?

Plentix aims to create a similar network aimed at the referral economy. The Plentix platform will use blockchain technology to store and track references and payments. Because blockchain can not be changed, they are perfect media for storing data that can be trusted by all parties. In improving the current situation where customers may be less confident that their referrals are valued, on the Plentix platform, both businesses and customers can enjoy a 'no trust' experience. On the one hand, businesses can use blockchain to verify the authenticity of references and customers have peace of mind knowing that every referral they make is stored in blockchain.

Plentix aims to improve customer referral programs by having businesses and users interact with 'smart contracts'.
As seen in the picture above, the referrer (Jess) and the referenced (John) must both have access to the Plentix platform, either through a computer or through an upcoming Plentix app. This process begins when a business, say Uber, decides to create a referral program through the Plentix platform. Uber can choose which customers want to be rewarded and what form of gift to take. The prize can be a new discount or cryptocurrency 'Plenty'. Because all transactions use 'smart contract' in blockchain.

What is a smart contract and why does Plentix plan to use it?
The smart contract, sometimes called 'cryptocontracts', is the kind of computer program first described by Nick Szabo, a computer programmer and scientist, in 1993. They use cryptographic code to help two parties exchange values. In the case of Plentix, smart contracts will be used to help businesses exchange money with referrers and referees. Because smart contracts are kept in blockchain, Plentix believes that their platform will make the referral program cheaper to run for business and more trustworthy and profitable for customers. For example, current referral programs are difficult for businesses to target properly and many customers are less likely to believe that their referrals will be appreciated.

Why is blockchain based reference program proven popular?
Since blockchain is essentially distributed by electronic ledger, the main potential attraction of the Plentix platform is that all its records can not be changed. A large number of developers can work on the platform while remaining confident that the system will be safe and secure. The referee will gain the confidence of knowing that the record in blockchain can not be changed while the company will see the potential to avoid fraud.

How does Plentix plan to make money?
According to white paper and their official website, the Plentix referral program (using) smart contracts - without the need for authority, or controlling business between ". The plausible question is how Plentix plans to make money from their platform. After all, if everything is in blockchain and fully automated using smart contracts, why should there be an intermediary? Plentix notes that the proposed tokens 'PTN' will be "assets in the crypto economy" and will grow as the network expands. As seen below in a screenshot of their official website, Plentix plans to save 10 percent of their PTN tokens and benefit from future awards in their value.

In addition to collecting money through token sales in March, Plentix will benefit from the appreciation of their token 'Plenty'

What are the potential long-term Plentix?
Plentix who proposed fund-raising and token sales in April will see them aim to sell 60 percent of their tokens and distribute these funds as outlined in the above pie chart. However, a recent example of government agencies expressing concern over the high failure rate of ICO is the Securities and Exchange Commission (SEC) of Thailand. According to the Bangkok Post, a recent SEC study into ICO found that only five percent of ICO investment reaps "high returns" while the remaining 95 percent "is considered a failure". Any wise investor will see Plentix and ask "What will keep them afloat after the ICO money runs out?"
To see the long-term potential of Plentix, investors need to study the customer's referral economy carefully. Dropbox is one of the most featured companies in the literature around the referral program. According to an article in Entrepreneurs, "35 percent of all (Dropbox) sign up now comes from a referral program". The goal of Plentix is to encourage businesses that already use referral programs to switch to using their blockchain-based alternatives.

Referral Economic Token

Economist can be developed for businesses, social networks, friends, developers, and other network related activities. The Tokent Plentix is a cryptocurrency that aims to sign and create value for the referral economy.
Token Plentix is designed to serve the purpose of tenders and generally accepted assets for groups of people who have coins, also add incentives and bonuses for reference and during token pickups.

WORK AND FEATURES
Decentralized and Automatic
A decentralized, distributed blockchain system - aims to provide and create businesses and developers with a structure to enable a large number of developers to build it. Through intelligent contract automation allows programmers to easily install and play with supported software, thereby reducing costs with scale capabilities and easy automation. Using a decentralized and distributed infrastructure, Plentix enables programmers and businesses with a range of APIs and open-source features.

Innovative Architecture
The ability to integrate into critical systems such as CRM and POS systems is paramount, Plentix allows businesses to easily integrate into multiple applications. While the Plentix platform provides developers to write their modules, the Plentix application will allow programmers to write modules that will integrate with Plentix applications and ignore the transfer of GAS programming costs to them when businesses using their software modules have transactions.
Why You Should Sign Up and Use a Plentix Token
Social media has been able to grow in strength and popularity because of the value placed on community, network and connectivity. Unlike tokens and other social media where you do it for fun and get nothing for your work, the Plentix token is intended to reward the referrer with a 10% bonus in tokens for each referred participant who made the purchase.
Plentix gives developers access to a large amount of flexibility in developing in blockchain as well as the potential to gain through their development in blockchain.

Plentix can serve as a very good ground for connecting and doing business with acceptable tokens. Unlike other tokens that do not recognize the referral system, Plentix provides a reference that adds their token, which gets them even when the cryptocurrency price generally falls.

Businesses and developers can earn revenue for every interaction customers have through them
development.
For Business and investment, a tokenized system raises a Win-Win system in which there is no loss.

Choice of Flexible Gifts
Plentix provides many ways to refer the network of users to get rewards. The referrer may earn a 10% reward in tokens for any referrals that make a purchase or even earn a commission for the first three purchases; it's up to the business to choose. Prizes may be in the Plentix token. Rewards can be monetized up to four purchases by referee clients. Gift options can vary from business to business, and include tokens, discounts or a mixture of both.

Access to Token Referrals
Recommendations are the core of the platform and whenever businesses and customers are connected, every recommendation for a friend, a Plentix token stores and transfers value. Because Plentix is a network-focused platform, with a fundamental token that is an asset in the crypto economy, everyone wins.

ALPHA VERSION OF PLENTIX
Plentix has released an alpha version of their product, for more details, visit the website provided below. The first clients of their products are the Token Sales team, and users can enjoy gift tokens by using a decentralized Plentix app. One can take advantage of the prize by choosing only "Refer a Friend", and your friend will also receive a discount code and you will be rewarded with a Plentix token.

Use of Token Plentix
Plentix is a multipurpose token that can be used for
Gift reward
Seal and close transactions
Acceptable payment tools
As a gift among people with tokens
Used to get other valuable assets.
Platform for producers and home consumers

TOKEN AND ICO INFORMATION:
Join the whitelist to get the token. Team Plentix Token Sale is the first client of our platform. We run a referral program on the Plentix decentralized platform for Pre-ICO and Token Sales, refer a friend and receive a Plentix token.
Plentix aims to collect about $ 10 million in fiat currency. In current rates, which roughly convert to 10,000 Ethereums (ETH). Plentix also allocates a conversation rate of 1 ETH to 10000 PTN that brings the circulation and sales of 100 Million PTN. Plentix supporters and investors will have the option to purchase PTN with Ether on the Plentix website in the pre-ICO phase and token sales and with Bitcoin, Ether and Litecoin in the future major stock exchange.

Token Name: PTN
Schedule: March 2018
Bonus pre-sale: 30%
The number of pre-sales: 3,000,000 USD
Total sales crowd: 7,000,000 USD
Platform: Ethereum
Price 1 ETH = 10,000 PTN
Justice offered: 60%
Hardcap: 10,000,000 USD
Payment: ETH

The value of a Plentix token and Why Should You Hold a Plentix Token?
The value of the Plentix token can be affected by the value running through the blockchain platform. Tokens are based on the value that people place on them, and the more values are placed on tokens and platforms that utilize coins for various transactions. Do not forget that Plentix's primary value proposition centers on stable, scalable,
reliable and distributed platform for referral economy.
The award system of Plentix is based on proof of ownership and work evidence. Based on the rewards obtained from the references, there will be a high demand for tokens by participants who want to have coins so they use them for transactions as well as enjoy incentives.
Furthermore, there is a market capitalization on token that is distributed to the public. with the number of fixed coins produced, an increase in demand will lead to price increases.
The token plentix creates a third-party way of mining which is a referral system is a good sign of price increases. Token Plentix is the first of its kind that will reward the participants for referring other participants.

DECISION
The referral economy continues to grow thanks to the influence of social media and users around the world. While Plentix aims to use this to its advantage, their alpha version of the platform leaves a lot to be desired. To find out more about their ICO, please visit: plentix.io/

Sales Roadmap & Token