Dear community members!
Already in mid-April, our team will launch a working version of the HOQU platform for CPA marketing. The platform will be launched in two versions:
· The business version, which makes it possible to use fiat currencies.
· The version on the EOS blockchain with a mechanism of operation, which is described in the White Paper.
More information about each version.
The HOQU platform on the blockchain is the product the HOQU team was originally creating. It is a decentralized affiliate marketing platform running on the blockchain. The interaction between the main participants of the platform is regulated by smart contracts, and the unit of calculation is the HQX Token.
The mechanism of the decentralized version of the platform is described in more detail in the White Paper, and the technical features of its work are described in our blog in the Development section.
We would like to remind you that using the Ethereum blockchain with the current transaction value is not economically efficient. In connection with this, the team tested alternative blockchain platforms, and it was decided to launch a decentralized version of HOQU on EOS.
The main advantages of decentralization are:
- The transparency and honesty of the actions of all platform participants through the use of smart contracts, as well as transaction security.
- Low commissions, only 0.5% of the reward for a confirmed lead.
- Transparent rating system.
In general, the functionality of the business version of the platform will be identical to the functionality of the platform on EOS.
Key features of the business version of the platform:
- Regulation of the interaction of platform participants without smart contracts;
- The methods and the currency of payment for the leads are determined by the network that creates the offer;
- Subscription fee for using the platform. Provision of preferential use of functionality when using project tokens (HQX).
Below is a comparative table of both versions:
Why 2 versions?
The decision to create a version of the HOQU platform with updated functionality and the addition of the ability of using fiat was made at the beginning of this year.
This decision was made in order to avoid a delay in conducting a marketing campaign related to:
· Resolving legal issues related to the operation of the decentralized HOQU platform;
· Search for an alternative blockchain platform to replace Ethereum.
To learn about the reasons in more detail, please follow the link.
Thus, from this point on, the development of two versions began to go in parallel with one development team engaged in launching a business version, while the second team transferred the blockchain version from Ethereum to the EOS platform.
At the moment, both versions of the application are ready for release.
Both versions will be launched in a ready-to-complete form. However, the blockchain-version of HOQU currently still has limitations in its work due to the lack of legal and financial regulation of cryptocurrencies in many countries.
While the above questions are at the decision stage, the project will be able to start business activities thanks to the business version, attract leads, contacts, and advertisers who will later be invited to test the decentralized version on EOS.
