
Good afternoon dear visitors of the cryptoknows website. I would like to tell you about the world’s first decentralized affiliate platform HOQU. Platform without exaggeration is revolutionary and innovative, allowing the advertiser and various partners to work directly without intermediaries. Let’s get started.
Decentralized affiliate platform will create an ecosystem using the latest technologies that will be the foundational technologies of the 21st century, blockchain technology and smart contracts, with their help this platform will create CPA-services (Cost-Per-Action – payment per action), ranging from regular affiliate programs to affiliate networks. Hoqu will help to reduce financial investments of all users of the platform, unite advertisers and allow them to work directly without the participation of unnecessary links in the chain (intermediaries). The project will help “win-win” for all stakeholders.
- Merchant
- Customer
- Affiliate (partner)
- Affiliate Network (affiliate network)
How does the project platform work?
This project allows the development of internet marketing, making it as simple and beneficial as possible for all parties involved in the transaction. On the HOQU platform, any advertiser can easily create offers for partners, and the results of partner advertising campaigns will be stored in distributed blockchain registries. An advertiser posts on the platform his offers with a certain direction and is ready to pay for services that meet his needs. A person (partner) who accepts the terms of the advertiser, fulfills the terms of advertising platform, promoting and discussing the marketing network attracting customers. LEAD – potential clients. Through a special API (English – application programming interface, Russian – a set of ready-made functions) collects information about the traffic (lead), which brought the partner to the advertiser, and on the basis of this data, the advertiser approves the traffic that came to him. If the advertiser is satisfied with everything, the cost of the brought traffic is deducted from his account with the help of a smart contract and sent to the partner with the deduction of commission – 0. 5%. 5%. By confirming the lead, the advertiser gets access to the lead’s information and can get its full data using the tracking service.
Not only individual advertisers and partners, but also affiliate networks can place their offers on the platform. An affiliate network can place all its offers and leads at once, and everyone can work with it. The project stores all the data in blockchain, which allows the advertiser to see all the affiliate programs and gives the opportunity to choose the one that suits him best. If there is a conflict in the transaction and the parties can not personally settle it, such issues are resolved by a special Appeals Center. Since all data remains on the blockchain, it is easy to verify, which gives transparency and clarity to all transactions. A specially developed SDK will allow large advertisers to integrate their networks, which gives the prospect of “big” players moving to this platform.
Pros and technical features of the HOQU platform
With the help of decentralized online services based on the ethereum blockchain, there is interaction between the participants of the HOQU ecosystem. The main functionality of HOQU is realized with the help of smart contracts, all payments take place with their help. The platform will have the ability to create its own modules.
With the reduction of the number of intermediaries, as well as working directly between the advertiser and the partner, the financial costs are significantly reduced
Instant payments of earned rewards
Registration and use of the platform is absolutely free of charge
Easy registration and use of the project functionality
Maintaining the functioning of the platform even if one of the modules of the system is out of order (this is the way a reliable system is organized).
The size of the fee for the transaction (transaction) is incredibly small, 0. 5% of the transaction amount.
Also the platform will be available through an application for smartphones supporting the operating systems IOS and Android. By 2020, the volume of all global transactions made through mobile applications will be 3. 5 trillion dollars, which is a large amount. Therefore, the HOQU application will be as functional and simple as its web counterpart.
Platform tokens
HQX tokens will be ETC-20 compliant on the ether blockchain. The sum of all tokens = 300, 854, 400 HQX, this amount is final and no further token issuance is envisioned.
Conclusion
The cryptocurrency market is growing at an incredible rate and we are all catching a truly unique time. With the help of blockchain technology there are so many new projects about which it is impossible to keep silent. This platform will greatly facilitate the work of internet marketing. The project has a huge potential and a strong team, so it is safe to say that this platform will be in demand in the near future.