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POLYMATH PROGRAM WHAT IS ** PDF
This email contains an access link that redirects them to the products.ĭepending on the vendor, products are in pdf or video formats, and some in access only membership areas where the product creator delivers their product offering. Products are then delivered to buyers via mail.
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Once there is a purchase by a customer, both the vendor and the affiliate get notified via mail with their percentage proportions from the sale. This link is used to track individual affiliate sales and for payment of commissions through the Expertnaire system. (3) And the third group are the buyers of these digital products who buy them to learn something and improve their lives.įor affiliates, they are given access to promote products listed on the platform through unique affiliate links for each products. Get more information about becoming an affiliate on Expernaire here The commission for each product depends on the percentage set by the product vendor.
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These are known as affiliates.Īn affiliate on Expertnaire gets paid a commission on each product sale they refer. (2) The second group are people who want to generate some income by helping the Vendors to market their digital products. Get more information about becoming a vendor on Expertnaire These are known as vendors on Expertnaire.
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(1) It is for people who have valuable digital products (e-books, videos, courses, tutorials etc) that they want to sell. In fact, for people conversant with affiliate marketing in Nigeria, they say it is the Clickbank of Nigeria. It is also an affiliate marketing platform. The implementation of verifyTransfer can take many forms, but the default approach is a whitelist controlled by the GeneralTransferManager.Expertnaire is an online digital marketplace dealing mostly with knowledge based digital products.Īnd according to majority, it is gradually becoming Nigeria’s biggest marketplace for digital products (books, tutorials, courses etc.). The verifyTransfer method will determine whether that transaction can be completed or not. ST-20 tokens must implement a verifyTransfer method which will be called when attempting to execute a transfer or transferFrom method. ST-20 tokens rely on Transfer Managers to determine the ruleset the token should apply in order to allow or deny a transfer, be it between the issuer and investors, in a peer to peer exchange, or a transaction with an exchange. ST-20 Interface Overview DescriptionĪn ST-20 token is an Ethereum-based token implemented on top of the ERC-20 protocol that adds the ability for tokens to control transfers based on specific rules. Security token structure, distribution, or changes that could affect investors are now accessible to all via the blockchain. Security tokens offer the benefit of bringing significant transparency over traditional paper shares through the use of the blockchain and its associated public ledger. Such as having a stake in a company, real estate, or intellectual property can all be represented by security tokens. On the other hand, security tokens represent complete or fractional ownership in an asset (such as shares in a company, a real-estate asset, artwork, etc). Utility tokens give you that same type of access to a product or service. Utility tokens represent access to a network, and your token purchase represents the ability to buy goods or services from that network- Think of when you purchase a arcade token to allow you to play an arcade game machine. The concept of utility tokens is fairly well understood in the blockchain space today. While utility tokens have no limitations on who can send or receive the token, security tokens are subject to many restrictions based on identity, jurisdiction and asset category. Security tokens are designed to represent complete or fractional ownership interests in assets and/or entities. Introduction to Security Tokens What is a Security token?Ī Security Token shares many of the characteristics of both fungible (erc20) and non-fungible tokens (erc721). This system has a modular design that promotes a variety of pluggable components for various types of issuances, legal requirements, and offering processes. This particular repository is the implementation of a system that allows for the creation of ST-20-compatible tokens. The Polymath Core smart contracts provide a system for launching regulatory-compliant securities tokens on a decentralized blockchain.