Dissecting the dilemma
Building new roads for business growth
For a blockchain ecosystem business, having a robust referral management system that can efficiently scale operations is fundamental. That being the case, Team Epixel strategically engineered a transformative solution that can manage multi-level cryptocurrency referrals, automate reward distributions, and deliver actionable insights for optimizing MLM compensation strategies at ease.
Epixel developed a roadmap to revive the business by providing distributors with state-of-the-art tools to more efficiently manage referrals. This approach enhanced distributor engagement, boosted customer acquisition, and improved sales figures.
A cryptocurrency referral bonus system was integrated to seamlessly handle referral bonuses in various cryptocurrencies. This was intended to help distributors earn and distribute rewards in tokens. Which further enhanced the effectiveness of referral incentives by 30% within the first two months.
Expecting to improve distributor satisfaction, we integrated customizable compensation models. This was implemented to offer flexibility in creating multiple MLM compensation plans like binary, unilevel, and hybrid models that are specifically curated to cater to the needs of the blockchain ecosystem. This was projected to improve distributor satisfaction by 25%, helping distributors choose plans that align well with their mode of handling the business and other preferences.
We also ensured that all the referral bonus transactions were secure, and transparent, providing clear and verifiable records for distributors whenever they want. Our secure and immutable transaction protocols were designed to lessen transaction disputes of any sort by up to 20%. This helped to heighten distributor trust and confidence in referral programs.
Team Epixel also found out that having multi-level referral tracking is highly significant for the blockchain ecosystem company to keep an eye on referrals at various levels. This also delivered detailed insights into each distributor’s network and performance. The feature was planned to boost referral network growth by up to 35% considering the easiness in monitoring and managing downline performances for distributors.