Topic: 🌟🚀 [ANN] PRE-ICO + ICO RefToken Decentralised Marketing Platform 🚀🌟 - page 2. (Read 3269 times)

Hi guys. I've just published a review article on Reftoken over on my blog at http://cryptocoindude.com/this-is-most-undervalued-ico-of-the-moment-and-why-im-about-to-buy-into-it/

I'd appreciate it if you all could go on over there and give it a read. There are social share buttons at the bottom of the post so if you could share it on all your social media channels we can continue to forward the profile and visibility of Reftoken (which benefits us all :-)

Thanks in advance for your support.

Upgrade your blockchain: Jan Sammut, CEO at RefToken, about affiliate advertising and expanding of blockchain companies’ audience
https://bitcoingarden.org/upgrade-blockchain-jan-sammut-ceo-reftoken-affiliate-advertising-expanding-blockchain-companies-audience/

Affiliate marketing is one of the most popular ways of online advertising, especially in the gambling sector. Over the years of its existence, one has been facing a range of challenges able to cause significant damage to all participants of the CPA network. Jan Sammut, a speaker of coming Blockchain & Bitcoin Conference Cyprus, explained in the interview about the role of blockchain in the modern digital economy, the way to eliminate weaknesses of advertising networks using smart contracts and to expand the audience of your project as fast as possible...

Sure, https://reftoken.io and scroll to the bottom of the page, there's a subscribe field.

That is all super exciting to hear. With that proof of concept is there somewhere we can sign up to get updates or emails when it does release? I would love to test it out once it's in beta or goes live.

Interesting idea. I've been getting really involved with affiliate marketing lately have run into some of the issues you've stated above. I hope this will really fix those issues. Can't wait to see the progress of the project. I'll be keeping an eye on this one.

Hi;

The project is well underway, with the proof of concept scheduled to be released by end of year (mid-December). We have also received some very promising sales enquires based off the press our platform has been receiving.

Yeah what's the latest update on the project? The ICO launch is soon, so if possible I'd like to see how things are looking so far.

Looks interesting worth a check

What exchanges are you looking to feature your token on for trading? I don't believe I have seen anything that addresses that on this thread. Would you mind sharing?

I'm really excited to see how this is going to impact the affiliate marketing space. I think this is a great idea and I can't wait to see more progression to come.

the crowdsale will run in 17 November, few days again from now
but there is no updates or news from the team of this project ?
and look like this thread is so quite

 The company will also protect prices from artificial 'pumps' by stabilising prices should malicious trading patterns be detected.

Are there any recent updates on this? I like the sound of this product and I would like to know it's progress

Is there any developments about this Ref Token project?
Any development team here?

Thought I'd update the group with how our presale is going. (full details here: https://reftoken.io) this is an exec. summary:

• 1513.455 / 4300 ETH raised with 8 days to go
• Over 1K contributors - this is important as it means that a large community is forming around our project (rather than a few whales that might dump the token at any given moment)
• We have now raised sufficient funds to deliver our MVP
• The Malta Gaming Authority will permit online gambling operators to accept cryptocurrency by year's end. This alone will 'force' this billion dollar sector that lives on our doorstep (the commercial district in Malta) to adopt our platform if they are going to compete with their peers
• Some great (unsolicited press coverage for our project, including being picked as ICO of the week by Hypecodes (https://hype.codes/top-upcoming-ico-1-7-october), and a very tongue in cheek review by altcointrading (https://www.altcointrading.net/reftoken-ico)

Day 1 of the presale was very promising with over €120k raised in the first hour.

We're on standby here to answer any of your questions, so feel free to ping us at any time via live chat on our site (fastest) or on [email protected].

There are many things to look out for when investing in a token sale and this brings us onto the following requirements we feel make a good potential:

– An experienced Team                
– A clear Vision
– A clear Roadmap      
– An actual viable product
– Straight to the point no-nonsense Whitepaper

Join us on our journey to disrupt a $6.8B a year industry

The team at RefToken would like to thank all the members of our community for their support in the past year. Together we have built the basis of a platform that will disrupt the online marketing sector forever. Over €120,000 of the presale has been raised in advance by advisors and seed investors who believe in the team and the product.
Presale Details

    Limited to 4300 ETH
    100% Bonus on ICO price
    Currencies accepted: ETH, BTC, Euro Wire Transfer
    Token issuance: 50M
    Circulating tokens: 22M
    Opens 10:00 GMT (you can convert to you local time by adding your city in the search bar on this site)

Wallet Released
We have released our wallet, which can be accessed at ico.reftoken.io Users can register their accounts in advance so as not to miss out on the presale due to possible network congestion. The RefToken wallet also allows users to create referral links that automatically award them with 5% referral bonus on contributions generated.
 
New Team Members
The RefToken team has been enhanced with the addition of two heavyweights in the blockchain space.

Johann Barbie is veteran developer and entrepreneur in the Blockchain space. He has founded 37coins, a venture that has scaled SMS Bitcoin payments to more than 30 countries in only 3 month. He has also held CTO roles at Provenance and Ambisafe, establishing their respective smart contract based business models. At Acebusters he is leading state channel development and pairs real-time applications with the security of Blockchains.

On the commercial side we have signed up Desmond Marshall, founder and MD of Rouge Ventures that acts as an investment and strategic advisor to Govts and Fortune 500 companies. He's also a member of the EEA and is a remarkable asset to have on board.
 
Prototype
The reftoken prototype has been live for a few months and accurately reflects the MVP that will be released following our proof of concept launch in November. This has had rave reviews from industry members and can be accessed at: demo.reftoken.com .

Support

As always our team members are here to support you, with live chat on site, or the option to email us on [email protected]

We hope that you will be part of our journey to disrupt online marketing (for the better).

Warm regards;

The RefToken Team

Here is the fourth part in this series of blog posts on the real world impact of the RefToken platform. You can view the original here: https://reftoken.io/join-us-disrupting-a-6-8b-a-year-industry


On average affiliation accounts for 30% of online retailer’s revenue, with the percentage increasing for highly competitive markets such as insurance, banking, finance, online gambling and forex. Over 80 percent of advertisers and 84 percent of publishers run an affiliate program (https://[Suspicious link removed]/52N2zA). Despite the importance of this channel it has been neglected and to this day runs on protocols conceived in the 90s. Affiliation has been broken for a decade, and RefToken is the platform to fix this industry which is so crucial to online businesses.

In its current form affiliation works as follows; an unfortunate affiliate manager is tasked with trawling through thousands of websites or social pages cold emailing them one by one offering them a commission for every converting user they refer. A conversion could be something like a user requesting a call-back, making a deposit, signing up or purchasing something. The response rate for this workflow is around 10%, and is followed by several back-and-forth emails where commission levels and thresholds, payment methods and various T&Cs are negotiated.

Once negotiations are concluded the affiliate is given a unique link via which they are to refer traffic (hence the shortened links in your favourite fitness/fashion/business guru’s posts), each time a user clicks though that link a cookie is dropped in their browser and all activity taken by that user is attributed to that affiliate. At the end of each day the merchant uploads a file with that day’s sale amounts to an affiliate platform which calculates the affiliates commission for the day, the next day the affiliate can check what they earned yesterday, and if they hit the minimum payment threshold (as it’s not feasible for merchants to effect payment for small amounts) by the end of the month a payment is issued.

The above model is a relic from the 90s and has multiple gaps that are abused by parties on both sides of the deal, some of which are:

•   Merchants withholding payment for spurious reasons
•   Rogue merchants popping up, building an affiliate program and vanishing after a few months without paying affiliates
•   Affiliates being caught up in a merchant’s legal issues and not getting paid (poker sites during Black Friday are a great example)
•   Merchants skimming sales amounts or adding arbitrary ‘program management’ fees
•   Affiliates abusing Cost Per Acquisition (CPA) campaigns by incentivising users to make minimal deposits or sign-up for call-backs with no intention of purchasing a service (usually in return for ‘gold’ or ‘power’ in freemium games)
•   Affiliates running chargeback fraud where purchases are made with stolen credit card details close to the end of the payment period with the resultant chargebacks being hitting the merchant long after the affiliate has been paid their commissions

RefToken will disrupt the affiliate industry by leveraging the immutability and transparency of the blockchain, and the self-governance and enforcement of smart contracts in the following manner:

•   The platform will feature central affiliate and merchant directories segmented by niche, eliminating thousands of hours of manual labour
•   An in-app messaging system will allow merchants and affiliates to communicate without spamming each other
•   All deals will be governed and enforced by smart contracts
•   RefToken’s wallet will sit in-between the user and the merchant, eliminating the possibility of merchants skimming sales amounts
•   Once a transaction is detected between the user and the merchant’s wallet the commission payment will instantly be paid to the affiliate, solving their current cash flow issues and preventing affiliate payments being caught up in force majeure issues
•   In order to publish a deal, merchants must commit the required tokens to fund it in an escrow wallet governed by the deals smart contract, eliminating withheld payments and vanishing merchants
•   All sales and transactions will be managed on the blockchain, eliminating chargebacks
•   Blockchain based identity management will make short work of weeding out incentivised users abusing offers

Fixing the trust issues plaguing affiliation will usher in a new dawn on what is already a formidable marketing channel, empowering companies of all sizes to decide how much they want to pay for specific actions, and conversely allowing affiliates to realise the true value of the audiences they’ve built.

RefToken will build a global collaborative network of brands, marketers, content creators, merchants and influencers, so that everyone from blockchain vloggers on YouTube, to yoga instructors on Instagram, to news outlets and industry sites can partner up and work with companies ranging from established organisations all the way to start-ups working out of their garage for their mutual benefit and growth.

By way of an update our prototype has been upgraded to reflect the MVP that will be released in November which will feature a drag and drop smart contract creation wizard (posting links as images don't show up at our account level yet):

Prototype is here: https://demo.reftoken.com
Contract wizard: https://imgur.com/a/x7CtN
Part Goal creation: https://imgur.com/a/u8sbs