Plentix (REFER)

Plentix (REFER) is a decentralized blockchain-based platform and application aiming to connect and reward all participants in an online referral program.

Whitepaper

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What is Plentix

Platform Flexibility

Plentix is a platform that gives both developers and businesses a tremendous amount of flexibility - and the potential to earn via their developments. For example a business or developer can use the Plentix API sets to write their own software modules, applications or feature sets (on-platform or via their own 3rd party application) that will be integrated within the Plentix software.

Given the ability to leverage the API sets - participating business and developers will be able to earn income for every interaction a customer has through their development. Thus, in a fictional example, if a consumer interacts with Acme Business Inc. via their X-Feature set - the developer or business who created X-Feature set will be paid every time a user interacts through their development. Providing businesses and developers with a way to improve the referral-economy creates endless possibility and helps drive the value of the ecosystem Plentix will create. The Plentix token can be adopted by all businesses. As with any platform, the network effect is enhanced by the growing number of participants (businesses). As the network expands, the Plentix token value increases along with its utility and market reach.Plentix will introduce a configurable platform comprises of additional administrative functionality designed specifically for Plentix’s platform subscribers.

The administrative (admin) panel offers different industry-based categories. The figure below provides an illustration of Plentix business admin panel:

Each industry-based category can have various modules that are written by developers or software companies. The admin panel for a specific category can be customized by a developer using Plentix’s open source API. Given that the APIs are open source, developers can add to the library of modules. The standard drag and drop is the default setting but developers can change the setting based on their needs to match the requirements of their business sponsor.

While the idea of a platform is a well-established concept in other industries, Plentix represents an innovative concept in the referral economy. Traditionally, in order to take advantage of referral programs a user must sign up and onboard through multiple applications to interact with multiple businesses in different sectors - think signing up for different referral programs, loyalty programs, and reward programs for restaurants, online apparel shops, online electronic shops, job market, and more.

Plentix offers a one-stop shop for business and referrers to centrally create, signup, track referrals and interactions

The platform would alleviate wasted time and effort for consumers and, at the same time, creating phenomenal savings for businesses from a people, process and technology standpoint. With Plentix a business - or user - does not have to face the complexity of creating, integrating and customizing a referral based solution. While 100’s or 1000’s of developers may be working on a solution or integration for that particular industry, the complexity is behind the scenes - giving users (consumer or business) have a simple, seamless, integrated option for their interaction.

The user can access to multiple businesses across various sectors with the Plentix mobile app, or via its website. Without ever having to interact with multiple platforms across multiple industries - the user is able to seamlessly login to the Plentix platform to find, share, and manage all of their referrals.

At the same time a clean architecture is in place for developers. Developers who are interested in the platform can create different modules for specific categories - gaining payment in Plentix tokens when a business uses their module. Plentix is the perfect platform for developers seeking to innovate and help fill an unmet market need.