Plentix

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 toleverage 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.

ABOUT US

Plentix is a blockchain-based project aiming to tokenize the referral economy and spread rewards to all participants. Merchants, users, friends, even app developers may receive awards in the form of discounts or Plentix tokens. The option of going for an ICO instead of traditional seed and series A funding through venture capital allows for community participation and an opportunity for everyone to reap the benefits of a global referral economy.

What is the mission of Plentix?

The plentix want to decentralize and distribute the gains of the referral economy. We have created a flexible technology to spread out the rewards for all participants. Decentralized And Automated.

A decentralized, distributed Blockchain system - provides businesses 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. Smart contracts automation - allows programmers to easily plug and play with supported software, enabling reduced cost with effortless scaling capabilities and automation. Using decentralized, distributed infrastructure, Plentix provides programmers and businesses with open-source set of APIs and features.

Flexible Reward Options:

There are many possible ways to referring your network to gain rewards. The referrer may get a 10% reward in tokens for every referral that makes a purchase or even get commission for first three purchases; it is up to the business to choose. The reward may be in Plentix tokens. Rewards may be monetized for up to four purchases by the referee client. Reward options may vary from business to business, and include tokens, discounts or a mix of both.

Innovative Architecture

Businesses will have a wide range of integration options - allowing them to seamlessly plug into their CRM systems or POS systems. While Plentix’s platform empowers developers to write their modules, Plentix application will allow programmers to write a module which will integrate with Plentix application and transfers the programming GAS fee to them when a business using their software module has a transaction. In spite of several players in collaboration backstage of Plentix application, users only see one front-end interface and only need to sign-up to Plentix application.

Access To Tokenized Referral

Every time businesses and customers connect, every recommendation for a friend, the Plentix token stores and transfers value. As Plentix is a network platform with an underlying token that is an asset in the crypto economy, everyone wins: the platform’s success is intimately connected to the success of its users, the growth of its token and the value of the ecosystem powered up by the Plentix platform. (#4Win)

You can refer a friend using the easy-to-use Plentix interface. Plentix offers the capability to refer users who are not members of the platform by routing the invitation through social media, email or SMS - giving all users an easy, straight-forward way to interact.

The referee will receive a discount code with which they can purchase from the specific business they were referred to. The amount of discount and number of times the referee can use it depends on the schema every business set on their business admin panel.

The referred person can then use the discount code to purchase a product or service. The discount code might only be active for a period of time which depends on the schema that specific business set for the referrals, they have this flexibility to change it anytime needed.

The referrer will receive a digital token or discount code reward, depending on the business’s referral schema, however, the referrer will only receive the commission if the referee uses their discount code and purchases from the business.

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 in particular tailored administrative panels for business they interact with and get paid for every transaction with those businesses in the Plentix application.

The businesses' administrative panel offers different industry-based options in which a business can choose which referrals schema they want to offer to the users. The referrer can always choose between Plentix tokens or discount at the store or online. We anticipate that the 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 automated your referral program using smart contracts - with no need for authority, or any controlling business in between

ALPHA VERSION OF PLENTIX

Now you can try our alpha version of the product, click below and test. First client of our product is our Token Sale team, now you can enjoy using decentralized Plentix application and get reward in Plentix tokens. To take advantage of the rewards, go to Token Sale section and click on "Refer a Friend", your friend will be rewarded with Plentix tokens.

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 wellrespected 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-ICO 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 approximately $10M in fiat currency. In today’s market rates that translates to roughly 10,000 Ethereums (ETH). We also designate a conversation rate of 1 ETH for 10000 PTNs. So we will circulate and intend to sell 100 Million 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.

Plentix’s core value proposition is centered on the development of a stable, scalable, reliable and distributed platform for the referral economy. Therefore, we anticipate to allocate at least 30% of the funds raised to support and pay for our development efforts. The second biggest spend in our fund allocation is business growth, marketing and communications (marcomm). We allocate 35% of our funds for this activity, as the importance of marketing a referral platform is not to be underestimated. The remaining 35% of the funds will be allocated to cover operations, legal, compliance, internal audit controls and team