Flatlay is a blockchain project announced in January 2018 with the goal of revolutionizing e-commerce. Find out how it works today in our review.
What Is FLATLAY Creditcoin?
Flatlay is an e-commerce platform that aims to make e-commerce accessible to anyone in the world. The platform removes borders and restrictions for global participation. Using the blockchain-based network, content creators, brands, and publishers can interact securely with no restrictions.
The platform revolves around the use of Creditcoin tokens, or CCOIN. This cryptocurrency is built on the Ethereum blockchain. It’s designed to incentivize community members and curators to collaborate to build wealth within the community.
The end result is an ecosystem where affiliate marketers can earn Creditcoins for referring customers to products in which they may be interested.
How Does FLATLAY Affiliate & Content Network Work?
Flatlay is more than just a marketplace. It’s also a place where brands and individual sellers can network with creatives to help sell products. Here’s how that process works:
- Step 1) Create an account and begin sharing your products
- Step 2) Search and invite creatives to campaigns
- Step 3) Creatives build posts and collections with items
At its core, Flatlay is a marketplace where users, brands, and retailers can securely trade between one another in a decentralized environment. The platform incentivizes users to mutually benefit and engage in the cooperative support of Flatlay member shops. Anyone can use the secure platform to promote and purchase products from one another while partnering with validated merchants and suppliers in the network.
The system is designed to incentivize participation in the platform. Any users who contribute to the creation of social value in the platform will receive a reward in the form of Creditcoin, or CCOIN.
How Does Creditcoin Work?
Creditcoin (CCOIN) is an ERC20 token built on the Ethereum blockchain. It’s used in the Flatlay ecosystem to reward sales and compensate campaign promotions across the internet, thereby facilitating the organic growth of the Flatlay community.
Flatlay creates a gateway between Creditcoin and the real world by offering an instant access debit card that can be used anywhere.
In other words, CCOIN is a digital currency and a rewards mechanism. Some of the activities you can perform to receive CCOIN include sharing or promoting an item to others, launching products in the market, or broadcasting a livestream that requests contributions of CCOIN for exclusive access to content and products.
Here’s how it could work in the real world: let’s say a popular photographer has a respected online audience using Flatlay. That person has numerous fans, followers, and brands interested in her gear recommendations. In one instance, the photographer can quickly create a collection of product recommendations from the millions of items made available to them on the Flatlay affiliate network. That collection can then be shared with an audience to earn CCOIN from any purchases they influenced.
The FLATLAY Creditcoin Interactive Card
Another core feature of Flatlay is the Flatlay Interactive Card, or FLIC. This card allows users to directly increase the value associated with a published FLIC post by binding collections of shoppable products embedded with a mark and unique link that supports affiliate revenue generated from sales.
Users can disburse FLICs across social media platforms and the internet, increasing the visibility and interactions. This means users are incentivized to create high quality content that converts and engages across the internet.
Each FLIC is automatically embedded with system information, including a digital watermark encryption invisible to the naked eye.
The FLATLAY Creditcoin CCOIN ICO
The Creditcoin ICO will begin with a supply of 100,000,000 units. 70 million CCOIN will be distributed during the ICO, while the remaining 30 million are reserved for the growth and development of Flatlay.
The pre-ICO is scheduled for February 14 to March 1, 2018, with a main ICO continuing afterward up to April 1, 2018.
Who’s Behind FLATLAY Creditcoin?
Flatlay was incorporated in Q4 2016. The company released beta apps in 2017, building a community of 10,000 content creators throughout the year. In Q4 2017, they announced their ICO. By Q2/Q3 2018, Flatlay hopes to launch the CCOIN network.
The company is led by Ali Sammour (Founder and CEO) and Morteza Nokhodian (Founder and CTO).
FLATLAY Creditcoin Conclusion
Flatlay is a decentralized global marketplace that aims to disrupt two industries: e-commerce and affiliate marketing. Flatlay will encourage creatives to create content for products listed on the platform, then earn CCOINs in exchange for selling those products. The system revolves around the use of CCOINs and the Flatlay Interactive Card, or FLIC, which is a unique feature for marking digital content.
The ICO for Creditcoin tokens is taking place from February to April, 2018. You can learn more by visiting Cointoken.io.