xOffer launches platform to streamline referral programs for Web3 ecosystem

adminApril 4, 2024

Location, April 1, 2024 – XSuggestion, the leading provider of the Web3 ecosystem, today announced the launch of an innovative affiliate and referral marketing platform specifically designed to meet the unique needs of blockchain and Web3 projects. The platform simplifies the process of creating and managing referral programs so projects of any size can be completed in minutes by communities, influencers, key opinion leaders (KOLs), key opinion consumers (KOCs), and publishers.

According to the report, global advertising spending will reach $874.5 billion in 2023 and the affiliate marketing industry is expected to grow to approximately $15.7 billion by 2024. Affiliate Marketing Benchmark Report At Influencer Marketing Hub, the need for innovative solutions that meet the unique dynamics of the Web3 space has never been more important. xOffer addresses this need by providing a decentralized affiliate network that emphasizes savings, special offers, and efficient marketing technology solutions.

The platform facilitates the quick launch of referral programs, allowing brands to instantly create affiliate profiles and leverage its powerful network to support projects. With over 500 affiliates and over 1 million networks, xOffer has demonstrated significant potential in improving project visibility and generating additional revenue, with participating projects already exceeding $300,000 in revenue.

One of the key features of xOffer is its incentive sharing mechanism that rewards efficient link sharing with X points that can be converted into xOffer tokens. This approach not only motivates affiliates to spread the word about the project, but also introduces a new layer of engagement through layered analytics. This feature provides detailed insights into referral map distribution, click-through rates, influencer engagement, and more, giving you a comprehensive view of your campaign performance.

Additionally, xOffer’s platform is governed by smart contracts, ensuring a seamless and automated experience for users. Once a SmartLink is created, the built-in smart contract handles everything from filtering out invalid clicks to calculating and distributing individual rewards. This automation extends to multi-chain support with xOffer currently on Ethereum, Polygon, Arbitrum, Optimism, Binance Smart Chain, Base, all EVM chains, Solana, and the Goerli testnet.

For businesses and individuals looking to leverage the power of referral marketing in the Web3 space, xOffer presents a simple process. Users can create projects, share affiliate signup pages, invite others through referral links, and manage payouts with one click through the platform dashboard. Optional SDK integration further simplifies adding xOffer’s functionality to your existing website.

The effectiveness of the platform is highlighted by its significant market potential and growing interest in affiliate marketing, which has increased by more than 264% between 2020 and 2022. But despite the obvious success of word-of-mouth marketing, it only has an impact of more than 50%. When it comes to consumer purchasing decisions, existing models often fail to adequately reward those who share their experiences. xOffer addresses this gap by providing a system that is transparent, efficient and rewarding for all parties involved.

As the Web3 space continues to grow, platforms like xOffer are essential to bridge the gap between innovative blockchain projects and the enormous potential of affiliate marketing. By providing comprehensive, easy-to-use solutions, xOffer is ready to support the next generation of Web3 applications to achieve viral growth and market penetration.

About xOffer

xOffer is a comprehensive affiliate and referral marketing solution designed specifically for the blockchain and Web3 sectors. The platform connects projects with a wide network of partners, including web3 communities, influencers, KOLs/KOCs, and publishers, making it easy to set up a referral program. With a focus on innovation, transparency and efficiency, xOffer is committed to helping projects achieve growth and success in the Web3 ecosystem by leveraging the power of affiliate marketing.

Media Contact:

name: Bao Quoc Le

email: (email protected)

company: XOFFER TECHNOLOGY Co., Ltd.

location: vietnam

address: 256-258 Ly Thuong Kiet, Ward 14, District 10, Ho Chi Minh City, Vietnam

One of the key features of xOffer is its incentive sharing mechanism that rewards efficient link sharing with X points that can be converted into xOffer tokens. This approach not only motivates affiliates to spread the word about the project, but also introduces a new layer of engagement through tiered analytics. This feature provides detailed insights into referral map distribution, click-through rates, influencer engagement, and more, giving you a comprehensive view of your campaign performance.

The effectiveness of the platform is highlighted by its significant market potential and growing interest in affiliate marketing, which has increased by more than 264% between 2020 and 2022. But despite the obvious success of word-of-mouth marketing, it only has an impact of more than 50%. When it comes to consumer purchasing decisions, existing models often fail to adequately reward those who share their experiences. xOffer bridges this gap by providing a system that is transparent, efficient and rewarding for all parties involved.