5 Jul 2018

thumbnail

Attrace ICO Review - Decentralised Affiliate Marketing Platform


The Attrace platform applies blockchain technology at the core of Affiliate Marketing by linking a smart contract to every individual click/referral generated, sale or no-sale. This approach makes a regulating Affiliate Network obsolete. Merchants and Publishers will have the advantages of Attrace as listed in the above while working with an interface that does not materially differ from current Affiliate Networks. 

The Attrace proposition applies blockchain technology to online marketing. Attrace aims to replace the established affiliate networks in affiliate marketing by connecting Publishers and Merchants directly. Affiliate marketing is the only form of online marketing whereby advertisers (Merchants) reward their partners (Publishers) for actual sales or leads achieved. This makes affiliate marketing the only true pay for performance” model of online marketing. 

Therefore, affiliate marketing should arguably have one of the largest market shares in the online advertising market. This, however, is not the case as the current system has significant problems. Most issues are related to the middlemen between the Publishers and Merchants: the affiliate networks. These affiliate networks charge high fees and are not trusted by the Publishers and Merchants due to transparency and fraud problems. These problems can only be solved by using the key features of a fully decentralized blockchain that can track the complete affiliate marketing chain.

Token
ATTR
PreICO Price
1 ATTR = 0.025 USD
Price
1 ATTR = 0.035 USD
Platform
Ethereum
Accepting
ETH
Minimum investment
0.02 ETH
Soft cap
2,000,000 USD
Hard cap
14,698,864 USD
Country
Netherlands
Whitelist/KYC
KYC
Restricted areas
USA, China

Whitepaper                   Click Here To Read Their Whitepaper
Website                         Click Here To Visit Their Website Official
Ann Thread                  Click Here To Get Information Update
Telegram                      Click Here To Join Telegram Official

How Does Attrace Works?

The Attrace platform applies blockchain technology at the core of Affiliate Marketing by linking a smart contract to every individual click/referral generated, sale or no-sale. This approach makes a regulating Affiliate Network obsolete. Merchants and Publishers will have the advantages of Attrace as listed in the above while working with an interface that does not materially differ from current Affiliate Networks.
  • Attrace is the only affiliate marketing blockchain project that tracks and attributes every individual click/lead/referral of a prospect – sale or no sale – which means insights and statistics which are impossible to manipulate.
  • Attrace is the only affiliate marketing project with a blockchain fully built from scratch, it is not a fork of anything.
  • Attrace is a fully open network where all end-users can track at all times all registered clicks/leads/referrals of all advertisements.


Aspects

While Attrace’s blockchain will be used for multiple markets and solutions, it’s main focus is to make the Affiliate Network (the middleman), completely obsolete. This innovation will help change the market from gaining $13 billion a year to $260 billion a year.

With Attrace, it will help make online marketers have a direct and clear way to view their statistics. Since the data is stored on the blockchain, its protected from third parties who are attempting to create fraudulent or malicious attacks to your campaign.

To pay for the service, the merchant pays the publisher via Attrace coin (ATTR). Since the transaction is reliable, the payout is instantaneous. Thus, you’ll pay the 0.5% fee using ATTR. Fraud Detection: Smart contracts are attached to every referral/click. 

This means that they cannot be manipulated and resulting in accurate statistics that demonstrate the reality of your marketing campaign. No Merchant Restrictions: Emerging and Long Tail markets will be judged based on reputation, not at the Affiliate Network’s discretion. Direct Connection Between Merchants and Publishers: Attrace’s platform creates a direct communication between merchants and publishers via a message board.

Token


The prize is big: By enabling dramatically reduced costs and restoring total trust in the sales numbers registered, Attrace is potentially going to be a game changer in an industry which is worth an estimated $13 Billion in 2018 with expected 12% annual growth. Moreover, Attrace can also enable affiliate marketing to obtain a larger share of the online advertising market as a whole.

ATTR features:


  • Token destruction mechanism: 80% of the tokens the network receives from Merchant fees are destroyed
  • The reward for Network Quality Assurance: ATTR token holders will generate a reward in return for selecting the elected witnesses that forge blocks
  • Voting: ATTR tokens can vote on network parameters like Merchant fee levels
  • Immediate revenue: The team behind Attrace will immediately contribute strategic traffic to the project by contributing the deal flow of a successful existing affiliate marketing business, allowing the project to immediately generate revenue in two of the most developed online marketing economies in the world.

Sale and Leads

Each purchase from a customer is registered on the unique smart contract of the individual referral. In case needed the Merchant adds an approval or rejection of the sale.

Commision Payouts

The merchant pays and Publisher gets paid in normal currency unless ATTR (Attrace coin) is preferred. Since tracking is fully reliable the commission payout will be instantaneous. The ~0.5% Attrace network fee will be automatically paid in ATTR.
Tags :

Subscribe by Email

Follow Updates Articles from This Blog via Email

No Comments