Hey,
Here to start this new topic as I have seen several users in different threads trying to find additional information about Decentralized Blockchain Affiliate Networks and best solution providers. Also, merchants and publishers are still trying to figure out the best ecosystem that gives them the best features, so if you are one of these, feel free to comment below.
CoinPoint Group Inc is part of the Blockchain and CryptoCurrencies markets since 2013, with proven success in Blockchain Affiliate niche.
So we are here to share more information, help you all understand better the opportunities that DLT platforms are holding for this industry.
The thread is fully educational and informational, so whoever needs a solution can inquire, or if a solution provider has an answer can reply.
I'm Inviting affiliates, merchants, publishers, and other educational providers to state their opinion and provide input on the matter.
I will start with this small Intell from the industry about the decentralization benefits and the difference between traditional and blockchain affiliate networks:
1.
Fraud prevention — one of the most widespread issue for both merchants and advertisers. Blockchain does not rely on trust as all transactions are stored on a ledger plus the agreements’ storage within the smart contracts.
2.
Transaction speed — Whenever a publisher and an advertiser reach a business deal, the transactions process can take months to be successfully administered. Blockchain, however hastens the process by conducting instantaneous transactions once the terms from the smart contracts have been respected.
3.
Boosted communication funnel between merchants and advertisers — The traditional affiliate networks stand between publisher and merchant. This means that the two parties never have the opportunity for a direct discussion about creating more value in the relationship. For example, transparency of which kind of links or ads performs best, or how best to market new products. Blockchain efficiently upgraded the process by removing the need for affiliate networks by introducing entire blockchain affiliate environments which are user-friendlier and resourceful.
Traditional affiliate network ecosystem: Blockchain affiliate network ecosystem:
More details - https://medium.com/coinpoint/decentralized-affiliate-networks-generating-merchant-and-advertiser-centric-ecosystem-3b7ded65d857
Thanks
CoinPoint Group
