What is Plentix?
Plentix is a blockchain-based project that aims to balance the referral economy and spread awards to all participants. Merchants, users, friends, even app developers may receive an award in the form of a discount or a Plentix token. The choice to propose ICO instead of traditional seeds and A series funds through venture capital allows community participation and the opportunity for everyone to reap the benefits of a global referral economy.
Why use blockchain?
There are many referral styles of programs, awards programs, and agencies that help businesses (usually large businesses) create and operate referral programs. However, there are a number of challenges - from making referrals, compliance, to ensuring safe and secure transactions that are the main limitations of existing methods. Plentix believes that blockchain allows for rejection which, if the answer allows a referral economy to flourish and provides exceptional PTN token values so that the program's rewards and program awards grow secra indirectly ensuring transactions with great security.
Plentix has chosen blockchain as a technology to create solutions. This technology has a number of inherent benefits that give Plentix a benefit - and let the above questions be solved. The main focus point of Blockchain technology that encourages us to adopt it are:
A decentralized and distributed ledger provides a safe and secure system for referees, giving them the confidence that no company can change records or change the existing system within the company.
A decentralized and distributed blockchain system provides businesses and developers with a structure to keep the platform free while, while at the same time, allowing a large number of developers to build it so that the company can survive for many years.
The company's immutable records can feel secure knowing that there are no hackers or who will try to remove, steal or compromise their systems. In addition, the referees know that their rewards are safe and can not be changed by any company or hacker, so the company will provide a really good system so no hackers can break into the company's system.
Consensus mechanisms exclude authoritarian firms or centralized controllers, allowing network participants to validate transactions giving way to prove referrals, and clarity for businesses and referees.
The security of advanced cryptographic techniques embedded in technology gives trusters a trust to share with contacts anywhere in the world, and through any channel.
Automatic contract contracts run independently, giving referees and referrals confidence to know why, how and when terms of their dealings with the company will be executed.
Automated smart contracts allow businesses to easily install and play supported software, thereby reducing costs with easy scaling and automation capabilities.
Overview of Plentix
The company provides a very good system for hackers can not break into systems provided by the company hence there are various ways to provide businesses and developers with a structure to keep the platform free while, at the same time, it may be great for developers to access innovative referrals like sorts overview of plentix below:
> Decentralization And Auto
> Innovative Architecture
> Flexible Reward Options
> Access to Tokenized Reference
ICO Plentix
To fund the development of Plentix, Plentix will have ICO (Initial Coin Offering) for the token of the Plentix project, hereinafter referred to as PTN. ICO is an event in which a new crypto-sell project sells part of its kriptocurrency token to early adopters and enthusiasts in return for funds. Plentix sees this as a transparent and commendable way to raise funds to build Plentix. Plentix requires development resources and capital for it.
Getting the appropriate resources together - from developers, designers, sales force to legal teams requires funds. We are confident in this endeavor, and want everyone to reap the benefits of a global referral economy. Plentix wants to foster community participation on the success of Plentix. Thus, Plentix chose ICO instead of traditional seed and A series funds through the roots of venture capital. This allows banking fans to be open to be part of a wider community of the same individuals.
Plentix plans to raise funds gradually, starting with pre-ICO events where potential potential investors will have the opportunity to invest earlier at the discount rate. Plentix will then open our main event, ICO, to the public where all the rest of the PTN will be sold.
Plentix aims to collect about $ 10 million in fiat currency. At current market prices that mean about 10,000 Ethereal (ETH). Plentix also points to a 1 ETH conversation rate for 10,000 PTNs. So Plentix will circulate and intend to sell 100 Million PTN. Plentix supporters and investors will have the option of purchasing PTN with Ether on the Plentix website in pre-ICO stages and token sales and with Bitcoin, Ether and Litecoin in the major stock exchanges in the future.
Plentix's core value proposition centers on developing a stable, scalable, reliable and distributed platform for referral economics. Therefore, Plentix anticipates to allocate at least 30% of funds submitted to support and pay for our development efforts. The second largest expenditure in our allocation of funds is business growth, marketing and communications (marcomm).
Plentix allocates 35% of our funds for this activity, because the importance of marketing the referral platform is not underestimated. The remaining 35% of the funds will be allocated to cover operations, laws, compliance, internal audit controls and team compensation incentives. Plentix anticipates that our first service is implemented in the market within 8 months.
In terms of time, our pre-sales activity will last for 2 days. Plentix anticipates to reach selected accredited investors to participate in Plentix and purchase PTN with a 30% bonus for pre-ICO. Plentix will also have a pre-ICO referral program with prizes of up to 5% of the total amount of PTN allocated.
Later, Plentix plans to hold a 1-week ICO event where Plentix will introduce some incentives for initial investors: a 30% discount will be offered to those who purchase PTN in Pre-Sale.
Plentix also does not allow collection of discounts, or discounts to be taken from week to week. Plentix has the right to terminate the sale if all PTNs are sold before the end of ICO is set. Plentix plans to burn the unsold PTN. However, to ensure that Plentix has the minimum resources to run the project and provide Plentix will reconsider our position in the event of a possible Plentix failing to sell at least 70% of the shares of the existing PTN.
In such an event, our choice is to return funds to investors, re-run ICOs with different requirements that provide liquidation options to existing PTN holders or even delay project suspension. It all depends on the public appeal and confidence motion. Plentix is very much a community and social project, and therefore Plentix aims to maximize public participation maximally.
Plentix will also apply a limit on the number of PTNs that can be purchased at any time. Plentix will charge a 100 million PTN cover for each address to ensure fairness and grassroots investment opportunities.
How does Plentix work?
You can refer friends using the easy-to-use Plentix interface. Plentix offers the ability to refer users who are not members of the platform by directing invitations through social media, email or SMS - giving all users an easy and straightforward way to interact.
Referees will receive a discount code that they can purchase from a particular business they refer. The amount of discount and amount of time that referees can use depends on the scheme of each business set in their business admin panel.
The intended person can then use a discount code to purchase the product or service. Discount codes may only be active for a certain period of time depending on the schema assigned by the specific business for the referral, they have the flexibility to change it whenever necessary.
Referrers will receive a gift of token code or digital discount, depending on the business referral scheme, the referrer will only receive a commission if the referee uses a discount code and purchases from the business.
The benefits that Plentix offers to its users
Plentix is a platform that gives developers the flexibility and tremendous potential to earn revenue through their development. A developer can use the Plentix API to write their own software modules, either on the platform or through their own 3rd party applications. The on-platform module can be integrated in the Plentix application.
On-platform developers will earn revenue for each customer's interactions through their development; Programmers can use the Plentix feature to write custom administration panels tailored to businesses that they interact and get paid for each transaction with that business in the Plentix app.
The business administration panel offers different industry-based options where businesses can choose the referral schemes they want to offer users. Referrers can always choose between a Plentix token or a discount at a store or online. Plentix anticipates that the choice will vary for each business, by its nature.
You can control when and how your referrals are shared. As a decentralized platform, everything is done in unblocking - fully automated your landing program using smart contracts - without requiring authority, or controlling business in between.
For more you can open the website then read while have empty time, below:
Details Information:
WEBSITE: http://plentix.io/
TOKEN SALE: http://plentix.io/#tokensale
Author: (specsmuluk) https://bitcointalk.org/index.php?action=profile;u=1062194
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