A decentralized, distributed Blockchain system - providing businesses and developers with a low cost (almost free), trusted platform.
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.
Plentix has selected the blockchain as a technology for creating a solution. The technology has a number of inherent benefits that give Plentix an advantage — and allow the above questions to be solved. Key focal points of the Blockchain technology that drive us to adopt it are:
A decentralized, distributed ledger — provides referees with a safe and secure system, giving them confidence knowing that no company can alter records or change the system.
A decentralized, distributed blockchain system — provides business and developers with a structure to allow the platform to remain free while, at the same time, allowing a vast number of developers to build on it.
Immutable records — companies can feel secure knowing that no hacker or otherwise will attempt to remove, steal or compromise their system. In addition to this, referees know that their rewards are safe and secure — unalterable by any company or hacker
A consensus mechanism removes any centralized authoritarian or controlling company, enabling network participants to validate transactions — giving way to proof of referral, and clarity for both businesses and referees.
Security — advanced cryptographic techniques inherent to the technology — giving referrers the confidence to share with contacts anywhere in the world, and via any channel
Smart contracts — self-executed, automated contracts — gives referees and referrers confidence in knowing why, how and when the terms of their agreement with a company will be executed
Smart contracts automation — allows business to easily plug and play with supported software, enabling reduced cost with effortless scaling capabilities and automation.
FEATURES
The benefits that Plentix offers to its users are;
Plentix is a platform that gives developers both a tremendous amount of flexibility and the potential to earn via their developments. A developer can use the Plentix APIs to write their own software modules, either on-platform or via their own 3rd party application. On-platform modules can be integrated within the Plentix application.
On-platform developers will earn income for every interaction a customer has through their development; i.e. Programmers can use Plentix’s feature set to write specifically tailored administrative panel for businesses they interact with and get paid for every transaction with those businesses inside the Plentix application.
The businesses’ administrative panel offers different industry-based options in which a business can choose which referral schema they want to offer to users. The referrer can always choose between Plentix tokens or discount at the store or online. Plentix anticipate that options will vary for each business, based on their nature.
You can control when and how your referrals are shared. As a decentralized platform, it’s all done on the blockchain — fully automating your referral program using smart contracts — with no need for authority, or any controlling business in between.
The Plentix ICO
To fund the development of Plentix, we will have an ICO (Initial Coin Offering) for Plentix project tokens, hereafter referred to as PTN. An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for funding. We see this as a transparent and well-respected way to raise funds in order to build Plentix. We need development resources and capital for that. Getting the appropriate resources together — from developers, designers, marketing personnel to a legal team will require funding. We are confident in this endeavor, and want everyone to reap the benefits of a global referral economy. We want to cultivate community participation of Plentix’s success. As such, we opted for an ICO, rather than traditional seed and series A funding through venture capital roots. It enables open banking enthusiasts to become part of a larger community of likeminded individuals. We plan to raise funds in an incremental fashion, starting with a pre- CO event where selected potential investors will have the opportunity to invest early at a discounted rate. We will then open up our main event, the ICO, to the public where all the remaining PTNs will be sold.
We aim to raise $10M in fiat currency. Price of each PTN is around 0.02$. So we will circulate and intend to sell 500,000,000 PTNs. Plentix supporters and investors will have the option to buy PTNs with Ether at Plentix’s website in pre-ICO and token sale phases and with Bitcoin, Ether and Litecoin at major exchanges in future.
Token Distribution
Roadmap
For more information please visit the links below;
Website: http://plentix.io/
Twitter: https://twitter.com/plentix_ico/
Facebook: https://www.facebook.com/plentix
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
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