Plentix, a play in the “referral economy”, wants to revolutionize the marketing industry with a decentralized refferal and rewards platform on the blockchain. The platform is comprised of peer-to-peer referrals that connect participants directly.
Plentix is targeting the overhaul of a broken marketing industry in which conversion rates hover at a weak 3%. Businesses can’t beat word of mouth marketing among friends, family or colleagues, and this is what Plentix delivers.
Businesses partner with Plentix, and Plentix then sends the new client referral landing pages and links. An end user, or customer, clicks on the link and is directed to the landing page. Data surrounding the activity is sent to Plentix’s referral engine. The customer is given the option to create an account, subscribe to a newsletter, purchase a product or participate in the TGE.
Customers can also list their favorite businesses to the Plentiz platform. A “Refer a Friend” feature gives users the ability to create a peer-to-peer referral, which launches a smart contract that includes a discount for the referred customer as well as rewards for the referrer. .
“All participants have the opportunity to earn money through tokenized referrals.”
Plentix is a “modular tokenized platform” that performs data-mining by harnessing a combination of artificial intelligence (AI), big data and data analysis to identify sales trends.
Businesses have the option to either create their own referral and rewards program using the open API, or they can access the Plentix decentralized app and “share a common digital currency with other businesses participating.” Plentix also automatically generates referral and loyalty programs using AI and sends them to businesses on the platform.
The Plentix token is REFER. Plentix is built on the Matic Network and the Ethereum blockchain.
Consumers, who are “referrers” across business-to-business and business-to-consumers buyers. Programmers and businesses.