Affi Network, a leading affiliate marketing solution for the NFT space, announced its partnership with Cointelegraph, the foremost digital media outlet covering the latest developments in the blockchain and cryptocurrency industries. This groundbreaking alliance aims to foster growth and collaboration in the digital advertising industry across Web3.
The affiliate marketing sector is experiencing unprecedented growth and is expected to grow from $17 billion in 2023 to $40 billion in 2030. Affiliate marketing is a performance-based marketing model in which an online retailer pays commissions to publishers for the traffic and leads they generate. Accelerated by the COVID-19 pandemic, 79% of companies use affiliate marketing today and 77% of consumers make purchasing decisions based on online reviews.
In light of this expansion, Affi Network’s partnership with Cointelegraph comes at a crucial time, allowing NFT projects to maximize their revenue potential while empowering publishers and community members with earning opportunities. Currently, the product enables decentralized affiliate marketing for NFTs; however, the team plans to unlock affiliate marketing solutions for all of Web3 in the future. Affi Network’s core innovation lies in bringing decentralization and transparency to the affiliate industry through smart contracts. Advertisers simply create customizable affiliate programs on a self-serve basis and deploy each campaign as a smart contract. Anyone can then retrieve a unique referral link, share it online and earn rewards for bringing conversions. All conversions are verified on-chain and advertisers only pay per sale.
Affi Network’s recent highlights include being one of three marketing-focused companies featured on Start-in-Block’s Top 100 List at Paris Blockchain Week 2023, receiving a 4.9 out of 5 validation score on Magic Store from 1,733 voters, a smart contract audit by Beosin with no vulnerabilities found, a collaboration with Polygon Studios and the launch of ColonyX.
ColonyX NFTs, also PFPs, promote diversity and individuality, incorporating a majority of personas found in the creative industry. Above is a collage of 8 out of 3,333 ColonyX NFTs. Each NFT is a key to future events.
ColonyX is an exclusive Web3 marketing community and membership created by Affi Network for marketing professionals, content creators and individuals seeking knowledge, support and opportunities. These NFTs serve as gateways to a treasure trove of knowledge and expertise, empowering advertisers and publishers to learn and grow from professionals in their field. Events and workshops will initially be free and then token-gated in the near future, requiring a ColonyX NFT, which acts as an access key. ColonyX represents a perfect convergence of cutting-edge technology and invaluable knowledge-sharing, reaffirming Affi Network’s dedication to empowering its community.
Affi Network is led by Pinaki Sachathamakul, a seasoned entrepreneur who was awarded Asia’s Greatest CEO 2022–2023 by AsiaOne Magazine and has been at the forefront of the advertising industry for the past decade. He has worked with marketing agencies worldwide through past businesses to deliver to dozens of brands such as Apple, Netflix, Airbnb and Western Union. An impressive team joins Pinaki, with a strong track record in both advertising and blockchain domains.
Affi Network CEO Pinaki Sachathamakul speaking about affiliate marketing in Asia on a panel at iFX Expo alongside marketing leaders from Amazon, Visa and Ultimate Fintech — June 2023. Source: IFX Expo
To fuel the growth of this ecosystem, Affi Network is fundraising through a private sale of its token, AFFI. The private sale, joined by 20 investors, presents a unique opportunity for interested investors to become part of Affi Network’s growing community. The move comes as Affi Network prepares its token launch in time for the upcoming Bitcoin (BTC) halving, solidifying its position as a trailblazer in the crypto-marketing space.
The partnership between Affi Network and Cointelegraph represents a significant step forward. By empowering NFT projects with a sustainable marketing mechanism, loyal community members can leverage Affi Network to generate a new stream of income. Those interested in Affi Network’s affiliate solution, private sale, public sale, ColonyX or other partnerships can reach out for more information.
About Affi Network
Affi Network is an affiliate marketing platform for NFTs that enables advertisers and publishers to collaborate on a commission basis. Brandface, the studio behind Affi Network, previously created 2,500 influencer jobs through clients that include Decathlon and Stabilo. Affi Network plans to unlock income for 1 million people worldwide through blockchain technologies.
Contact
About Cointelegraph
Cointelegraph is a digital media outlet covering the latest developments in the blockchain and cryptocurrency industries, reaching 8 million people in over 150 countries. Cointelegraph’s Startup Program partners with innovative projects and provides marketing and fundraising support.