Foreground is an affiliate network built on the blockchain. Using smart contracts to intermediate between affiliates and advertisers it promises lower commissions and more control. In order to fund the development of the platform they are distributing up to 333,000 DEAL tokens as part of a token sale. Here's five reasons why this is one token sale that might be a winner.
#1 Affiliates Seek Out Higher Commissions
The average fee charged by traditional centralised affilaite networks reduce the commissions that affilaites receive by 20 - 40%. Affiliates are highly motivated to seek out the best possible commissions avaialble. They are reliatvely agnositic about where they find these commissions. If Foreground has the best commissions then thats where affilaites are likely to head.
#2 It Gives Advertisers Back Control
Blockchain technology is fantastic at loosening the control of centralised authorities. In the case of the affilaite industry that is centralised platforms deciding which offers can be run. In a decentralised network this would be entirely at the discretion of the advertisers to decide which offers they want to feature. There is definite demand by certain advertisers for the ability to run ads without worrying that their campaigns will be restricted or stopped altogether.
#3 DEAL Tokens Are Burned As They Are Used
DEAL tokens are burned as they are used to buy ads. There is a fixed supply of DEAL tokens that will ever be created. Taken together than means that the supply of DEAL tokens will fall, as demand for the platform increases. As anyone who understands the basic principles of supply and demand will know, that should lead to a rise in prices.
#4 Smart Contracts Remove The Need For Intermediaries
Smart contracts are able to do many of the same things that affilate networks currently do but without the high costs. It seems inevitable then that the future of affilaite networks will be a move towards decentralised paltforms enabled by smart contracts like Foreground.
#5 DEAL Is Tied To The Price Of Ether
The price of DEAL is tied to the price of Ether. If you believe that ETH going to rise in value, then DEAL can be see as a play on that price move.
If you want to learn more about the DEAL token sale visit:
Foreground Website: https://foreground.io/
Foreground Whitepaper: https://foreground.io/whitepapers/foreground-whitepaper.pdf