BITCOMO | CPA NETWORK ON BLOCKCHAIN – FOR SMARTCONTRACT PROJECTS
What is Bitcomo?
is a decentralized affiliate marketing network. The new paradigm provided by blockchain technology is ideal for online advertising, for it enables companies to better analyze the data collected from web users. This gives them the opportunity to precisely target audiences on a large scale at a much lower cost compared to traditional marketing tools.
affiliate marketing CPA network is wholly performance-based. This means that advertisers pay only when they see results and internet marketers are rewarded for each visitor or customer acquired through their own marketing efforts. This method incentivizes and rewards publishers and advertisers alike.
Our goal is to create an affiliate marketing network which is completely impervious to ad fraud and payout problems. Bitcomo’s business model is anchored by blockchain technology and the immutable proof and transparency this provides. This ensures the security of each user’s data, whilst simplifying the interactions between them. Blockchain also eliminates unnecessary intermediaries between a company and its target audience. With less steps linking advertisers and their potential clients, companies can invest their advertising budget more wisely and profitably.
Part of the next generation of CPA networks, Bitcomo is designed to help businesses reduce their advertising costs while increasing their impact. Not only do we know how to use blockchain technology to its full potential, but we have developed an infrastructure that will make the process as smooth as possible for businesses. We have concluded that the fairest funding model for creating the Bitcom network is a crowdsale in the form of an ICO. This raises awareness and incentivizes as many individuals as possible to become a part of the Bitcomo community. Upon completion of the ICO, all purchased tokens can become a source of passive income. Alternatively, they can be spent on an advertising campaign or sold.
How the Bitcomo Ad Network Works?
The main goal of performance marketing is lead generation i.e. creating a stream of incoming requests from potential customers. This principle is implemented in the CPA (Cost Per Action) model which tends to be the most popular with advertisers because its fees are performance-based. Bitcomo is an ICO company taking an innovative approach to affiliate marketing in enabling any advertiser, including ICO and pre-ICO companies, to become part of its pay per action model.
An advertiser who decides to promote their products using our affiliate network can perform product integration simply by providing the link with a postback script. The target actions may include product purchase, website registration and other variables depending on their requirements. Thus, we work with advertisers and publishers alike on a Cost Per Action basis. Bitcomo is the guarantor of the integrity and transparency of all transactions performed on its network.
The use of the blockchain enables us to simplify much of the administrative work and to dramatically reduced its associated costs thanks to smart contracts. This allows us to automate the entire process and enables participants to analyze their leads. All of the data pertaining to leads is kept in the blockchain’s nodes. Any advertiser who sets up a node can mine transactions in real time and track them. This principle was developed as an antifraud solution and is designed with a view to enhancing trust among network members. Publishers and webmasters are naturally interested in attracting new advertisers to boost revenue, and thus ICO investment in Bitcomo can be promoted to these entities. Participants of the affiliate program can claim bounty tokens throughout the entire ICO period.
How Bitcomo Uses DAO Technologies?
Bitcomo does not follow the traditional centralized business model, which we believe to be outdated and ineffective. Our affiliate network forms a decentralized autonomous organization (DAO). This is a radically new approach based on blockchain technology which disprupts the normal power structure and system of governance. Bitcomo is a self-sufficient community of advertisers and publishers where users can interact and conduct their business without the involvement of centralized forces. Instead of a Board of Directors, Presidents and Vice Presidents, Bitcomo has token holders. DAO technology is focused on smart contracts and value rather than people and roles. Thanks to this, the flexibility and agility of the platform increases significantly, promoting innovation.
The whole exchange cycle, from publisher to advertiser, is completely transparent. Users can track every click and every action taken by a potential client thanks to the blockchain. This approach virtually eliminates the possibility of fraud. Bitcomo encapsulates two innovative concepts: on the one hand it is an ICO and pre-ICO
project which offers fixed price payments for specific user actions towards an advertised product (product, registration, deposit). On the other hand, it is a network that enables publishers to advertise anything from anywhere in the world in accordance with the demands and preferences of their target audience and the nature of their traffic.
During the ICO
phase, users will have the opportunity of investing in Bitcomo. We will use the Ethereum and Waves platforms. The launch of the ICO is scheduled for October 15, 2017 and it will run until November 29, 2017. The initial value of the token will stand at $1 = 1BM. The value is based on minimum token values of other CPA networks throughout the world. A bounty program will be offered for the first 20% of investors whose purchases will be increased by 20%. The bounty paid to the next 10% of investors will stand at 10%. The minimum amount (soft cap) that we are seeking to raise at the ICO stage is $10,000,000 and the maximum amount (hard cap) is $30,000,000. If the specified minimum is not raised, funds will be returned to investors.
Following the ICO, BM tokens will operate as the main currency for publishers and advertisers within the network. This will considerably simplify the payout process because tokens can be purchased with any currency including US dollar, Russian ruble, Bitcoin and others. The parties bound by a smart contract can be located anywhere in the world, which circumvents issues associated with using traditional payment methods, including legal and accounting costs. BM tokens will form a digital currency for the advertising marketers that CPA network will interact with in the future. Bitcomo will offer BM tokens as a means of paying for all advertising campaigns within the network and to serve as a mechanism for making every user action transparent. In particular, BM tokens will be used to pay for actions such as a sale, ad click-through, banner click-through and serving of an ad banner. As the project develops, additional opportunities for CPA network will be created aimed at improving convenience and efficiency. Participants will be able to use tokens to pay for these benefits, over and above to the main features provided by Bitcomo. BM tokens can be exchanged for real money and cashed out, but to motivate investors to retain their tokens within the Bitcomo platform, Bitcomo will offer a range of additional benefits.