[ANN ICO+Bounty] [REF] REFTOKEN- Disrupting The Affiliate Marketing Industry

[RefToken_Jan]

I'm really interested in this concept! I've been doing some affiliate marketing here and there, and it's always a concern for the smaller organizations to be playing on an even playing field. If it's a large company, it's usually a fairly safe operation, but makes it tough for smaller companies. Smart contracts are a perfect fit for the industry, it's surprising someone hasn't already done this. I'll be following closely!

Its great that the community sees the innovation RefToken will bring to the affiliate industry. Some of the key advantages will be:

• Elimination of Merchants skimming sales figures
• Preventing rogue merchants withholding payments from affiliates
• Preventing affiliate fraud
• Resolving affiliate's cash-flow problems

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[AppreciatingValue]

would love to hear someone who was into affiliate marketing and ads business in general give some thoughts on this...
far too many vague statements in this whitepaper for me, would love some clarity.
Also, don't pay too much attention to the finance forecast at the end, things never go as planned.

I am a web developer in a marketing agency and have helped put together and run many affiliate ad campaigns. For huge companies affiliate marketing is not bad at all, you do what they want, they pay you. But smaller companies or even companies that just haven't got it set up yet, is a huge pain. I could see this being a major help for those guys! When an affiliate program is just set up it is usually quite complicated and there is always the risk of if the company will actually pay the affiliate salesman. This would take out that worry. I think taking out that worry alone would make a new affiliate marketing program take off much faster than they have in the past.

Thanks for the feedback!
Do you see any problems with this product? Something that might be an obstacle for them?

[SeveralQ]

Hi everyone! Just added RefToken ICO to my website https://concourseq.io/Q/RefToken. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details)

[RefToken_Jan]

Hi everyone! Just added RefToken ICO to my website https://concourseq.io/Q/RefToken. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details)

Details added, thanks for the support, we appreciate it.

[Wcrim555]

With so many people trying to make it as influencers and affiliate marketers today, this idea makes a lot of sense to me. I do have one question, though. You say that you are going to spend 60% of your budget on hiring new developers and other employees.

My question is: how many developers do you anticipate this project will require, and if you reach your optimal amount of employees then how quickly can we expect this project to get fully developed?

I'm interested. Brilliant question though as I'm a bit curious.

Hi Felp;

Apologies for copy/pasting from above:

Bearing in mind that the 60% expenditure on staff includes sales and marketing, legal, finance, support and all other functions that our company will require, we envisage to have a team of 10-12 in the core dev team. We have a conservative timeline of beta in 2018 and mid 2019 for the full product launch.

Hello.  "We have a conservative timeline of beta in 2018 and mid 2019 for the full product launch." - maybe this is a long time to run the beta and full product launch ....

[Wcrim555]

dev-s  A lot of people would like to join your project because the idea is interesting and promising .... but there are many nuances that you need to decide for the effectiveness of the project ...... good luck to you and the project!

[realsteve]

It looks like a beautiful project. I could not find the main forum link. Everything is better understood at the site of the project.

Agreed. For those who want to learn more about this project just click on the link to their website. I got a better understanding there.

[2bfree]

Is the affiliate platform tested?

[RefToken_Jan]

With so many people trying to make it as influencers and affiliate marketers today, this idea makes a lot of sense to me. I do have one question, though. You say that you are going to spend 60% of your budget on hiring new developers and other employees.

My question is: how many developers do you anticipate this project will require, and if you reach your optimal amount of employees then how quickly can we expect this project to get fully developed?

I'm interested. Brilliant question though as I'm a bit curious.

Hi Felp;

Apologies for copy/pasting from above:

Bearing in mind that the 60% expenditure on staff includes sales and marketing, legal, finance, support and all other functions that our company will require, we envisage to have a team of 10-12 in the core dev team. We have a conservative timeline of beta in 2018 and mid 2019 for the full product launch.

Hello.  "We have a conservative timeline of beta in 2018 and mid 2019 for the full product launch." - maybe this is a long time to run the beta and full product launch ....

Agreed, it is a longer timeframe than is usual touted in an ICO, however we have intentionally set conservative milestones. In my experiance with PLCs, building a track record of beating targets and delivery dates is a key objective to create a loyal investor base.

[RefToken_Jan]

dev-s  A lot of people would like to join your project because the idea is interesting and promising .... but there are many nuances that you need to decide for the effectiveness of the project ...... good luck to you and the project!

Thank you, we appreciate the support.

[RefToken_Jan]

Is the affiliate platform tested?

We have a demo version of the platform up at https://demo.reftoken.com our proof of concept which will be a functional version of the demo will be released to the public in mid December.

[mittooss]

Good strategy guy's, keep going

[holydarkness]

Why don't you create a new thread on the bounty board for your bounty? It will be easier for people to access than reading the full info from the form and it will also give your participants a place to discuss, ask, etc. That way, your ann thread will be free from bounty questions that'll make it looks untidy

[RefToken_Jan]

Why don't you create a new thread on the bounty board for your bounty? It will be easier for people to access than reading the full info from the form and it will also give your participants a place to discuss, ask, etc. That way, your ann thread will be free from bounty questions that'll make it looks untidy

Good point, however as our bounty is limited to a signature campaign thats open to Junior Members and upwards, we reckon there will be minimal spamming of this thread. We also have live chat on site, which bounty participants can use to get an instant response.

[RefToken_Jan]

RefToken is gaining recognition from the mainstream press, which augurs well for the project!

https://www.inc.com/melissa-thompson/industry-impact-3-fields-being-affected-by-blockchain-technology.html

https://www.huffingtonpost.com/entry/5a045e28e4b055de8d096ae1

Tomorrow is our last day at 100REF/ETH, after which the price will increase daily until it closes at 50REF/ETH

[Cryptosaint$]

this project is really promising, all info on site are well detailed and  there's even a working app for everyone to put hands to see how it works, this shows the team behind this project is working seriously. so i think it could be a good investiment!

I completely agree with you on this. I think this is a project that distinguishes itself from the hundreds of ICOs we are starting to see on a weekly basis.

[jumpsuitjoe]

Looking good guys.

Quick question on this. I see the graph shows the percentages of the distribution, but do you have data on total tokens that will be issued?

I'm sure it's in the whitepaper, but I'm a bit lazy.

Hi;

Total token issuance will be 50M, with 30% of those held in a market making fund. This fund will be used to protect against pump and dumps, so will be off the market for 99% of the time.

Okay, good to know. Thanks for the clarification.

It's great to see that some serious thought has been applied to this.

[devis]

would love to hear someone who was into affiliate marketing and ads business in general give some thoughts on this...
far too many vague statements in this whitepaper for me, would love some clarity.
Also, don't pay too much attention to the finance forecast at the end, things never go as planned.

I am a web developer in a marketing agency and have helped put together and run many affiliate ad campaigns. For huge companies affiliate marketing is not bad at all, you do what they want, they pay you. But smaller companies or even companies that just haven't got it set up yet, is a huge pain. I could see this being a major help for those guys! When an affiliate program is just set up it is usually quite complicated and there is always the risk of if the company will actually pay the affiliate salesman. This would take out that worry. I think taking out that worry alone would make a new affiliate marketing program take off much faster than they have in the past.

Totally agree. I think this will definitely help out the little man in the affiliate program space. The only affiliate programs that I use or know of are with big companies like Amazon.

[IKZIR31]

I think this project is promising and good ...
I watched in whitepapper also looks pretty clear ...
I have to participate in the participation here ...
will succeed I think this project

[Nate194]

This coin can not mine, only show for ico, Bounty. I dont see the roadmap, when the roadmap can launch!

Why do you claim that this coin cannot mine and that it is only a show for an ico? I am interested to hear your mindset behind your bold claims.

Thanks!