The company plans to blend affiliate, referral, network marketing, loyalty and bounty programs in one place on a SaaS platform powered by smart contracts and the NEO Blockchain, and hopes this will remove the barriers to entry which are denying fledgling businesses the growth they deserve.
Gagapay Network illustrates the power of referrals with the example of Dropbox. The start-up says the cloud storage behemoth enjoyed a 60 percent increase in sign ups when it began to give free space to customers who were referred to its site – as well as the people who referred them.
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