Digital promotion and selling spend is tipped to finally equal that of normal selling by 2020 and will eventually transcend it. Marketers are usually now entirely harnessing a energy and strech of digital selling after a lot of teething problems that led to squandered budgets and missed targets. That’s not to contend that there aren’t still problems.
Questions everywhere about a trust between marketers and a companies they’re representing and how to magnitude a success and efficacy of these campaigns.
Gagapay is building a intelligent selling platform, powered by blockchain technology, for marketers to build their possess affiliate, referral, network marketing, faithfulness and annuity programmes.
A devoted platform
The UK-based startup is building an all-in-one platform, called a Gagapay Network, that utilizes a NEO blockchain. The software-as-a-service (SaaS) height uses smart contracts for a conceptualizing and executing of selling programs and is complemented by a marketplace for companies to agreement with marketers for their campaigns.
Gagapay Network will be integrated with Gagapay.com (the association is rising this plan alone as a processed product in Q3 2018 with prepaid cards) so as to promote a use and spending of cryptocurrency rewards for a customers.
Customers will compensate an annual cost to entrance a SaaS height to build and lane their campaigns while a marketplace will bond associate marketers with campaigns that are looking for help.
According to Gagapay, a height will solve a emanate around trust between businesses and marketers. Smart contracts will automate a agreement between both parties, concede both sides to review a agreement’s processes, and guard a placement of rewards.
Gagapay isn’t only for blockchain companies, it is anticipating that non-blockchain companies will be convinced to use a height with a trust and confidence betrothed by intelligent contracts. It will also find to build a network of vital partners in a sales and selling space and open informal offices to boost recognition of Gagapay and a benefits. It is targeting a Asian marketplace in particular.
The NEO blockchain
The startup is building a network on a burgeoning NEO blockchain. It has garnered a lot of courtesy recently as a new choice to Ethereum and specifically, a resolution to Ethereum’s well-documented scaling problems.
For example, Ethereum can now routine around 15 exchange per second (TPS). Should a Gagapay Network take off as a founders hope, it will strike a really genuine roadblock here. On a other hand, NEO, another open source software, has grown a possess chronicle of intelligent contracts, NEO contracts, that can reportedly hoop one thousand exchange per second and is scaling.
As a result, NEO has captivated many developers that wish to exam it out with new use cases. Marketplaces seem to be a many judicious use box as they need to hoop a lot of activity and exchange during once.
The height will have a possess cryptocurrency wallets to promote payments, though it will have a possess dedicated cryptocurrency token that will energy a service. It will be listed on exchanges approximately one week before a finish of a ICO token sale.
The Gagapay Network application token will be called a GTA and it will concede for a remuneration of subscription fees, purchasing additional facilities and plugins, and removing discounts on elect fees. It will be holding an initial silver charity to beget a token.
A pre-sale has already non-stop and will be followed by a open sale in phases with a cost per token gradually increasing. The initial proviso of a open throng sale will open to sell 50 million GTAs (priced during $0.04 per token) followed by a second proviso for 440 million GTAs ($0.05 per token). Anyone purchasing some-more than $1,000 value of tokens will be compulsory to go by KYC procedures. The supposed remuneration methods are NEO, GAS, BTC, ETH, LTC, and DASH. The ICO will have a soothing top of $1 million and a tough top of $34.5 million.
From a sale, 69 percent of a tokens will go to investors. The remaining tokens from a sale will be distributed as follows: 14 percent for a association reserve, 10 percent for a team, 3 percent for a developers, 3 percent set aside for airdropping and annuity programs, and 1 percent for a Gaga foundation.
The bulk of a supports generated from a sale will be used for product growth in credentials for launch along with selling and authorised costs in sequence to accommodate opposite regulations in opposite markets.
The ICO will run until around July. After that, a association will recommence a roadmap for rising a product. It intends to open adult beta contrast for a height by a finish of 2018 and have a GTA token listed on exchanges. The full operative height is scheduled to be operational by mid-2019.