In this article, we will answer the question of what is Creditcoin and try to introduce the project in detail.
In this article, we will answer the question of what is Creditcoin and try to introduce the project in detail.
What is Creditcoin (CTC)?
Creditcoin is a decentralized affiliate and content marketing protocol that allows any third-party marketplace, retailer or publisher to leverage a token-based system for connected smart product listings and content marketing campaigns on the network.
What Problem Is Creditcoin Trying To Solve?
Currently, the technology used to list and sell products online is dependent on legacy technology that is deprecated and lacks transparency. We see that the Creditcoin protocol and network have become the infrastructure layer needed in the retail space, with real-time feedback changing the way products are created, launched and distributed in the marketplace, and pre-order fulfillment models that encourage incentive buying paths.
How Does Creditcoin Solve This Problem?
The Creditcoin Network benefits online retailers, brands and publishers by gradually reducing transaction fees while eliminating middlemen cutting margins on campaigns and sales. Creditcoin facilitates payments between parties when listing a product for sale with “smart product lists” and also provides the ability to run promotional campaigns with creators that can be rented for escrow services and promotional content.
Why Are You Using Blockchain To Do This?
The Creditcoin protocol uses an independent chain built on Coursera to support non-gaseous product and campaign records that include all product variables (color / size / quantity / etc) using IPFS Hashing. It includes an identity layer to verify the identity of online retailers and brands that register original products on the network, while confirming which online publishers and marketplaces can represent whether their goods will be sold online.
Each conversion and campaign carried out will benefit all third parties that benefit from tokenized payment and escrow services due to the fiat swap in CCOIN when the campaigns and products can be paid. Over time, all retailers and brands can benefit more from the transactions that happen, regardless of who created the transaction, based on pooling data and conversions together. Each transaction that occurs re-contributes a percentage of the sale to the CCOIN escrow pool to increase the value of the market value.
What is Creditcoin’s Future Vision?
The goal is to allow the Creditcoin Network to eventually operate autonomously by further developing hooks that reward users who contribute to data points, with the option to complete various tasks that educate the network on its services such as product recognition / recommendation, automated smart product listings.
What is Creditcoin Current Status?
It is immediately used as a utility in Flatlay, a social marketplace Dapp and publishing platform that allows any creator to create a digital showcase in seconds. Flatlay’s middleware powers campaigns on 3rd party premium publishers like CondeNast, Hearst & Refinery29, which works with over 100,000 content creators and millions of products offered by Amazon, Shopify, Linkshare, WooCommerce, VigLink.
Government approved tech consultants, angel investors, and ad tech veterans (Jay Samit, Chris Cunningham, Mike Vorhaus, David Smith, and Peggy Fry) are here.
Working with institutional traders and retail clients (Zalando, Rakuten) and establishing international retail partnerships with corporate support for expansion (Hash Capital, C2Ventures, Quake Capital)
Live Dapp in public beta with Coinbase Wallet integration in Google Play store
Telegram, Instagram, Pinterest, BTC Talk, etc. Over 25,000 registered international participants currently holding CCOIN tokens from pre-sale / airdrop participation, with + 150,000+ social followers between Flatlay and Creditcoin.
Where is Creditcoin Located and How Many Employees Do You Have?
We are currently an 8-person team with 6 engineers divided between LA, NY and Berlin. The team responsible for the protocol has worked together in the last 6 months to further improve its use by all 3rd parties in 2019. Blockchain-focused engineers have participated in various projects and exchange launches in the last 3 years and put their deep field expertise on the table.
“Our vision is to improve the way online commerce is run by removing all central organizations and intermediaries that reduce margins, while empowering brands and retailers as the most modern way to reach the consumer directly.”
You can view the Creditcoin price from this link.
To get the latest news To our Telegram channel, To our Twitter page and To our Facebook page You can subscribe.
Related posts:
What is Golem (GNT) – Comprehensive Beginner’s Guide 
Overview of Hive OS: How To Make Money 2021 | Features| Setting Up| Installation 
Security Token Offering – The Future Of Coins In Europe 
Utopia: A self-Contained Cryptocurrency Ecosystem 
Cryptocurrency Mining Farm – Setup (DIY) and Configuration 
Cryptocurrency Cloud Mining – Best Services (Pros and Cons + Scams) 2019
