Please describe your proposed solution
At AdaLink, we are developing the first affiliate network on the Cardano blockchain. To attract more marketers and creators to our platform and to Cardano, we are focused on enhancing the robustness of the AdaLink affiliate network by integrating the multichain TipLink feature. This integration will enable our Affiliate Network to attract a diverse range of marketers and affiliates from both traditional environments and various other blockchains.
TipLink is a feature running on the AdaLink decentralized application (DApp) designed to facilitate peer-to-peer tipping using blockchain technology. The Minimum Viable Product (MVP) for TipLink will include key features to enable effective and secure tipping on the blockchain, with added functionalities for user profiles and tip tracking. Here’s a detailed description of the MVP:
- Profile Creation: Users, both tippers and creators, can create profiles on TipLink. These profiles will store essential information such as the user’s public Cardano and other blockchain wallet addresses, tipping history, and received tips. The profile feature allows for a personalized experience.
- Unique Tip Link Generation: Creators can generate a unique TipLink URL linked to their profile. This URL securely encodes their wallet address and can be shared across various platforms to receive tips directly.
- Tipping Interface: When a user clicks on a TipLink URL, the DApp decrypts the URL to retrieve and display the transaction details, including the creator's profile name and tip amount suggestion. Users can adjust the tip amount as per their preference.
- Transaction Setup and Security: The tipping transaction is facilitated through the user’s wallet integrated within the DApp. Each transaction requires explicit approval from the tipper to ensure secure processing. Additionally, a service fee of 1 ADA is deducted from the total tip amount.
- Tipping Tracking and History: For tax purposes and convenience both tippers and creators can track their tipping activities through their profiles.
TipLink offers a streamlined, secure way for fans and followers to support creators directly on the Cardano blockchain.