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Plentix ICO Review

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Summary
Plentix is part of a referral economy that aims to achieve a modular tokenized platform that brings benefits to the customer, brands and businesses that sign up. In other words, it is a blockchain based platform and application aiming to connect and reward all participants in the referral marketing industry. It also allows users to participate in a wide variety of referral programs from a single platform.

Website: https://plentix.io/
Token symbol: PTN
Token type: ERC20
Token price: 1 PTN= $0.1 USD
Whitepaper: file:///C:/Users/TA2/Downloads/PLENTIX_WHITEPAPER_V6.2%20(2).pdf
Hard cap: $24 000 0000 USD
Total possible tokens: 400 000 000
Token distribution:
Community reserved: 70%
Pre-sale and public sale: 10th July 2018

Token distribution
Token sale: 70%
Pre-sale bonus: 25%
Founders and Team members: 15%
Advisors, referral and bounty: 5%
Strategic Partners: 5%
Community & Referral: 3%
Liquidity Reserve: 2%
Roadmap

●March 2017: Smart contract codes creation and testing
● August 2017: Successful POC and MVP version release
● May 2018: Pilot projects
● July 2018: Pre-Sale and ICO
● November 2018: Platform development & beta test version release
● February 2019: Platform Release
● June 2019: Feature addition + Integrations

Product stage
They have released their pilot projects after they launched its MVP.
Token usage

PTN tokens can be redeemed and used on the Plentix platform to accelerate referral interactions. Businesses that onboard the platform will have full visibility and traceability of their referrer’s journey and have access to a full suite of analytics to support them with future
campaign planning.

Team
There are 9 members to the Plentix team. Both founders have extensive experience in IT industry and have worked in Microsoft, Accenture and Telstra.

There are 8 advisors on the board, which is a substantial amount. Most notable is Ali Ayyash who is the Co-founder & Lead Engineer at Beetoken. (which is one of Plentix strategic partners) He was also previous Lead Engineer at Google and Lead Engineer at Amazon. So this level of advise can’t be taken lightly and will be huge in the progress of Plentix.

Conclusion
In conclusion, this idea is good and they have an existing MVP. However, Referral economy program could be pertained to a multi-level marketing companies which we see in non blockchain world. Also, the hype level is low.
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Plentix ICO Review | Ecency