Bona Fides Affiliates Review
Pros & Cons
Bonafides Affiliates may be one of the most innovative affiliate programs that are operating as of this moment. This iGaming affiliate platform was recently established in 2021. The site surely does not have much time in the iGaming industry, but it has not slowed down its development in any way. Bonafides Affiliates has drawn lots of attention thanks to the fact that it utilizes a new and quite peculiar way to store statistics and webmasters’ earnings. Its unique method is the use of the blockchain.
This affiliate program stores all the statistics on the blockchain, a safe and completely transparent virtual space where no shaving or scamming can be done. This is because the blockchain is open and available to all the users. Each and every transaction, or in this case, statistics can be displayed by the members of the community so that all irregular moves can be detected instantly.
On top of that, the statistics are displayed anonymously so no names or addresses are given away, protecting the partners identities at all times. The affiliate program also has other special features available. Such is the case of its revenue shares plan. It goes up to 45% on revenue shares and there is no negative carryover. Thus, all balances are zeroed out at the beginning of each month. The procedure is done automatically by the system that Bonafides Affiliates has implemented so the marketers can focus entirely on promoting the brand on their sites.
The standard commission structure is active and open to all the affiliates that get accepted into the platform. Alternative schemes can be requested on Bonafides Affiliates as well. These plans may be agreed between an account manager and the registered partner. Once requested, the webmaster’s account is reviewed so that its eligibility can be assessed. This is due to the fact that alternative modules are not approved for any affiliate. Certain requirements must be fulfilled beforehand. Some of the alternative plans that can be requested are: CPA deals and Hybrid schemes.
A sub affiliates plan is available on Bonafides Affiliates as well. This is a good commission plan to take into consideration for those promoters that boast a large and interesting network of fellow webmasters that wish to be part of a reliable and innovative affiliate program such as this one. On the other hand, it must be noted that the Bonafides Affiliates token is called Tplay. This token is linked directly to Ethereum. Therefore, if the Ethereum value fluctuates, the Tplay value will do so as well.
This may turn out to be a huge problem for the partners since this will immediately affect the total income that is generated by each one of them. In addition to that, these values cannot be predicted in any way so it would always come off as an unpleasant surprise.
The payments are processed in Bitcoin. Any other cryptocurrency may be requested freely to the account managers. The minimum threshold will vary depending on various factors, such as the value of the token at the moment of the withdrawal and the banking method that is chosen.