![1-nNcOdDAJ5qpoRagE2lolRg.png](https://steemitimages.com/DQmRo25QepwGy67qu2tvTpZdrtf6mbkoG7nK9y7k9v6VBHd/1-nNcOdDAJ5qpoRagE2lolRg.png)


I had a sincere problem with my hairs and was in dire need of spa or root treatment to get them tamed and healthy. A series of debacles and disasters had made me too cautious. I had become wary of the advertisements and the lies that these flashy salons offer today. Whom to believe and which alternative treatment to go for already had my follicles losing their sheen. When a turn of events occurred and I landed myself with a yet to be famous name referred to by a friend. My day and hair both were saved. Like my friend I too recommended the name to many others and inadvertently so we were the unofficial promoters now!

How lovely it would be if I received a few perks for my loyalty! Jokes apart, today referrals programs being run through social media, word of mouth, monetized incentives are a rage. Every now and then I receive messages from people to download or use a particular app using their code. Thus, somehow leveraging your social media connectivity for rewards. This is a simple method being recognized so late. The opportunities for a full-fledged referral platform are raw right now. And what better than to bring it forth merged with the greatest disruption of the century- The blockchain.

**Plentix** as a modular tokenized platform provides benefits to customers, brands, and businesses that sign up on its platform. The success of the platform is intimately and ultimately connected with that of the user, the growth of the token and the eventual value created for the ecosystem as a whole.

![plent.PNG](https://steemitimages.com/DQmY2VdhdYWFPtXnLXug8FzoJYxeA8zJv8jvstnnu8TyJPW/plent.PNG)

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

It aims to flourish upon the lost opportunity and mind-blowing facts stating how 84% of the people would believe on their friend's recommendations and how astounding B2B buyers are influenced by word of mouth when making their buying decisions.

**How does it work?**

It is customized for different scenarios and provides ultimate flexibility to businesses and developers. The participants can use the Plentix API sets to write their own software modules, applications or feature sets that will be integrated within the software.

One can use the platform to send referrals to a friend who is not even the members by email, SMS or even social media.

![plent1.PNG](https://steemitimages.com/DQmUMgdmDN1fmkjzLwQuW9qMCnLBtXsJhXJfYQMD9gSzkwf/plent1.PNG)

The referee receives a discount code with which he can make purchases. The amount of discount and number of times depending on the business. This discount code can be used within a stipulated time.

The referrer receives a digital token or discount as preferred which can be availed only when the referee utilizes his coupon.

**Developers as beneficiaries**

Besides being able to write their own software modules on the platform, the developers can earn every time customers interact with the application developed by them. The terms and conditions of the benefits whether token or discounts, percentage, time etc can always be customized.

**Why blockchain as a base?**

Blockchain provides for safe, secure and immutable contracts. It makes the platform virtually free of cost and self-validating. People can safely share their data and connect seamlessly all around the world. Scalability and ease of using supported software make it a necessity for the platform.

**All pervasive utilities**

It is a one-stop shop to create, signup, track referrals and interactions.

- The complexity of creating a software is led behind the scenes to provide a simplistic view of referral for both users and businesses.
- A single platform to connect with multiple industries spread across various platforms.
- Clean architecture for developers.
- It offers incentives to both referrers and referees with customized reward options
- A wide range of integration options to seamlessly plug into their CRM or POS systems.
-  Businesses can use the flexibility of the platform to suit the needs of a particular referral program and its further growth.

**PTN tokens and their ICO details:**

The Plentix project token will be an ERC20 based utility token for the platform. It will be used for rewarding referrals. The appreciation of the token will be in direct proportion to its usability on the platform.

![plent3.PNG](https://steemitimages.com/DQmcqVGTkpi5oeLGHtxDTohb1Ly5W1WDEFD7fu1rJYw97Ca/plent3.PNG)

A total of 5,00,000,000 tokens will be circulated. Each token will be equivalent to 0.02$. Payments will be acceptable in ether, bitcoin, and litecoin. About 50% of the tokens would be up for sale.

20% bonus is available in the pre-ICO while a descending 5% bonus in the ICO with 1% decrease for the first five days.

The soft cap is fixed at 3,000,000 USD while the hard cap is fixed at 10,000,000 USD. The pre-ICO will be conducted on 20th May and the ICO from 17th June.

**Concluding Verdict:**

The tokenized referral program is first ever attempt to globalize, decentralize and regular use the referral system which is in a very nascent stage right now. It is a win-win situation for all where the businesses can relieve themselves of the technicalities involved, developers can contribute to the yet untapped sector while the users can actually earn some benefit from the word of mouth which in turn generates business for the industries. The PTN token is the backbone of the platform. The investor can earn early bird bonus and appreciation in the value of the token. The referee and referrer can indulge in the benefits together and for the first time ever developers get to share in the utilities they create for the businesses.

![plent2.PNG](https://steemitimages.com/DQmZxTnNWfVuQRnptx6yokEwU3ThQB9mgaVMViVDBmdD5Kc/plent2.PNG)

**For more details visit:**

Website: [https://plentix.io/](https://plentix.io/)

Whitepaper: [http://plentix.io/assets/download/PLENTIX\_WHITEPAPER\_V5.pdf](http://plentix.io/assets/download/PLENTIX_WHITEPAPER_V5.pdf)

Twitter: [https://twitter.com/plentix\_ico/](https://twitter.com/plentix_ico/)

Facebook: [https://www.facebook.com/plentix](https://www.facebook.com/plentix)

Telegram: [https://t.me/joinchat/BDJxjxEf3BUMKQLa3pIAHA](https://t.me/joinchat/BDJxjxEf3BUMKQLa3pIAHA)

Blog By: Lanirm Knayam

BTT Profile: [https://bitcointalk.org/index.php?action=profile;u=1308391](https://bitcointalk.org/index.php?action=profile;u=1308391)