Affiliate Coin (AFL)

AffiliateCoin is a decentralised Affiliate Marketing network that uses Smart Contracts to create secure transactions on the Blockchain.

Whitepaper

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What is Affiliate Coin

AffiliateCoin prevented small businesses from using Affiliate Marketing and by using Smart Contracts AffiliateCoin create bespoke Pay Per Action models. The primary markets are E-commerce (particularly Fashion, Sports and Health), finance and online gambling.

AffiliateCoin have no sign up fee for both Publishers and Merchants, and charge a flat 2% commission on the AffiliateCoin used in the platform. This will lower the barrier to entry and allow Merchants and Publishers to utilize Affiliate Marketing.

AffiliateCoin is an ERC20 digital token in the Ethereum ecosystem consistent with the Ethereum wallet and with any other contract that uses the same technology.

With Ethereum Blockchain AffiliateCoin have a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.

The AffiliateCoin network will use a subchain mechanism called Plasma that allows tokens from one Blockchain to be used within a completely separate Blockchain but still be moved back to the original chain if necessary. The use of subchains will reduce the cost of network transaction fees and the overall cost of running the platform.

To take part in the token sale, user needs to be whitelisted. This can be accomplished on AffiliateCoin's website by registering his interest. AffiliateCoin's whitelist has a limited number of spaces and registration will be closed once AffiliateCoin have achieved the preset number of registrations. The obtained utility tokens will then be visible immediately once the transaction has been confirmed.

AffiliateCoin has a token buyback provision that will enable AffiliateCoin to purchase open-market tokens. All funds generated during the token sale will be stored in a multi-signature wallet.