Please describe your proposed solution
Affiso aims to solve a significant challenge faced by dApp developers in the Cardano ecosystem: difficulty in effectively reaching and engaging end-users. Many projects have been developed but fail to gain traction due to limited marketing budgets, a lack of direct access to target communities, and restrictions on crypto-related advertising on mainstream platforms. This leaves developers with few options to promote their products, especially when trying to collaborate with social influencers or community leaders to amplify their reach.
Our solution, Affiso, is a decentralized affiliate marketing platform that leverages smart contracts to create trustless, transparent, and automated marketing campaigns. By connecting dApp developers (Sponsors) with social influencers, community leaders, and other referrers (Referrers), Affiso facilitates seamless collaborations where Referrers earn rewards for driving user engagement with dApps.
<u>How We Perceive the Problem:</u>
The primary issue is the lack of accessible, low-cost marketing tools for developers in the Cardano ecosystem. Traditional marketing methods are either too costly or ineffective for projects working within the decentralized and blockchain space. Additionally, social media restrictions and regulations make it difficult for projects with crypto elements to promote themselves, leading to low user engagement and slow adoption.
<u>Why We Approached It This Way:</u>
We believe in the power of community-driven marketing. Referrers, especially influencers, are already trusted figures in their respective communities. By empowering them to promote dApps with performance-based incentives, we align the interests of developers and promoters. Smart contracts enable transparent, tamper-proof transactions, removing the need for intermediaries and ensuring that payments are fairly distributed based on real results. This approach not only builds trust but also lowers marketing costs and improves campaign efficiency for developers.
<u>Who Will Our Project Engage:</u>
- dApp Developers (Sponsors): Developers building decentralized applications on Cardano who are looking for ways to attract and engage users. They will create marketing campaigns through Affiso, setting budgets and target goals for Referrers to promote their apps.
- Referrers (Influencers, Community Leaders): Individuals or groups who have influence over target audiences and wish to earn rewards by promoting dApps. This could include YouTubers, TikTokers, Facebook group admins, or even neighborhood leaders.
<u>How We Will Prove Our Impact:</u>
The success of Affiso will be demonstrated through measurable results, such as the number of new users brought to dApps, engagement rates, and conversion metrics tracked via smart contracts. We will also collect feedback from both Sponsors and Referrers to continuously improve the platform’s functionality and user experience.
<u>Unique Aspects of Our Solution:</u>
- Decentralized & Trustless: Affiso uses smart contracts to ensure transparency and security. Payments are only made when predefined conditions are met, eliminating the risk of fraud.
- Performance-Based Rewards: Referrers are incentivized based on the results they deliver, making the process more efficient and outcome-driven compared to traditional advertising models.
- Seamless Integration with Cardano Ecosystem: Affiso is built on Cardano, allowing payments to be made in ADA, DJED, or native tokens, offering flexibility to dApp developers in terms of funding campaigns.
- Empowering Communities: Affiso fosters a grassroots approach to marketing by leveraging influencers and community leaders to promote dApps, enabling wider adoption and deeper community engagement.
Who Will Benefit & Why This is Important to Cardano:
- dApp Developers: They gain a low-cost, highly efficient tool to market their products and grow their user base.
- Referrers/Influencers: They can monetize their influence within the blockchain space by participating in targeted campaigns and promoting projects that align with their audiences.
- Cardano Ecosystem: Affiso promotes the broader adoption of Cardano dApps by connecting developers with users, helping the ecosystem grow through increased dApp usage and community participation.
By addressing the marketing challenges in the Cardano ecosystem, Affiso plays a crucial role in enhancing user acquisition and engagement.
To see more how Affiso system works, please visit at https://docs.affiso.net/en/usecases