Right I'm back from my personal stuff, and now back to work...
As I mentioned, will enable BTC payments this weekend, plus add some of the content pages, faq etc. On Monday 8th the first real product will be for sale on Kryptly.
As we all know, promotion is very important, and when we have the first product that's when we all need to help. And I'm hoping the affiliate option will help that, the faq will explain in more detail, but basically:
Any user who refers others using their unique tracking link will get tagged with your id. You earn a small amount of KTK on every signup, plus if they purchase a product(s) you will earn a commission each sale. And affiliates get 1% of the product sale price, this is on top of the Kryptly fee. So an author would be paying a max of 2% of their product price. Still far cheaper than other traditional marketplaces!
So users who help promote the marketplace, get something back in return.
The signup bonus is paid in KTK, the product commission is in the currency it's paid in. And this commission is paid instantly at the time of sale, no waiting. Affiliates get paid the same time as authors!
Outline starting from Monday:
1.) Our first product goes live (wordpress plugin) - it's owned by Kryptly and the revenue from sales will be shared with KTK holders. A total of 20.4% is being given to KTK holders who hold in their wallet. We all know some people will also hold some if not all on the exchanges, so those who do profit share will get a bigger return.
I will have a page where KTK holders can register their address(es) to track and be eligible for the profit share. The current KTK held for dev/bounty etc is 900k. That won't be included, so straight off the bat KTK holders will earn more!
Not yet decided how long until the first dividend will be paid. It does depend on sales, so next week will give a better idea. So I'll update again on this.
2.) Later next week will add the second product owned by Kryptly (a wordpress theme). And again revenue shared with KTK holders.
3.) Very likely the 3rd coin to be accepted will be Dogecoin. For many reasons, I'm sure most can see why!
4.) We need to make contact with authors once our first product is for sale. It will be easier to show any potential authors why they should consider using Kryptly. And I plan to make contact with a few next week and will keep everyone updated.
The real work begins next week, and as I said a long time ago... the marketplace is something anyone can help promote, it will be very easier to earn not only on referrals but with the profit share. Kryptly will continue to improve, the more coins accepted the bigger audience we will have. And I expect KTK holders to see the biggest benefits as it grows!
Once that first product goes live, I'm going to setup a separate thread for Kryptly, just to make it a bit easier for when we start discussion for other coin payment options. It will also include the ideas I have about adding new coins, how they qualify etc and also details about increasing the products owned by Kryptly.
Clicky!
If someone can keep me in the loop for future updates, would be much appreciated
Nice article. Just tweeted about it by the Kryptkoin twitter:
https://twitter.com/KryptKoin