The advent of cryptocurrencies and the tokenized economy makes it possible to re-imagine the entire value chain of consumer, products, and producers from a referral perspective. We present Plentix, a tokenized platform that enables users to refer other users to a business entity and enables business entities to leverage existing APIs for industry specific referrals and allows for safe, secure, trustless value exchange to take place.
Unlike other referral platforms, Plentix unleashes the potential of a new global ecosystem to monetize referrals for every stakeholder, from the producer to the consumer.
Plentix is a platform that gives both developers and businesses a tremendous amount of flexibility - and the potential to earn via their developments. For example a business or developer can use the Plentix API sets to write their own software modules, applications or feature sets (on-platform or via their own 3rd party application) that will be integrated within the Plentix software.
Given the ability to leverage the API sets - participating business and developers will be able to earn income for every interaction a customer has through their development. Thus, in a fictional example, if a consumer interacts with Acme Business Inc. via their X-Feature set - the developer or business who created X-Feature set will be paid every time a user interacts through their development. Providing businesses and developers with a way to improve the referral-economy creates endless possibility and helps drive the value of the ecosystem Plentix will create. The Plentix token can be adopted by all businesses. As with any platform, the network effect is enhanced by the growing number of participants (businesses). As the network expands, the Plentix token value increases along with its utility and market reach.Plentix will introduce a configurable platform comprises of additional administrative functionality designed specifically for Plentix’s platform subscribers.