Referral Foundation hopes to achieve the rare feat of advancing an age old practice with the help of a new technology.
The London-based cryptocurrency group aims to educate the referral marketing industry about the potential of digital currency and blockchain technology in creating further industrial opportunities. Referral Marketing, as everybody knows, is one of the oldest forms of marketing. In it, the promoter is incentivised handsomely to bring more people on board via word–of–mouth promotion.
It is the mission of Referral Foundation to upgrade the industry by introducing it to the blockchain technology. It even dispenses early insights into the adoption of digital currency and its impact on the referral marketing industry. That being said, they have created ReferralCoin, the first decentralized digital token targeted towards the multibillion-dollar referral economy.
ReferralCoin is specially designed keeping in mind the challenges and requirements of the rapidly expanding referral economy. The referral economy has not just expanded but completely transformed since the advent and proliferation of social media. Referral Foundation, with the use of blockchain technology, presents dedicated solutions to create opportunities and benefits for network marketing and affiliate sales.
Referral Foundation is leveraging the ease of transactions and transparency; the two main benefits associated cryptocurrency technology, to further accelerate the market growth. The payment structures implemented in network and referral-based marketing setups are complex and cumbersome. And ReferralCoin based payments system is ideal for something as complex as this.
The industry and cryptocurrency members are welcome to become a part of the Referral Foundation as vendors, publishers or sponsors.
Referral Foundation welcomes new members to join its growing community to be part of the imminent revolution by involving themselves in Awareness, Networking activities, and other Projects.