Description
Spl.yt is a decentralized e-commerce protocol that aims to enhance sales through an affiliate network. It integrates with existing e-commerce stores like Shopify to manage and catalog inventory from various sellers on the blockchain. This system enables affiliates to monetize their networks with instant payouts after successful sales. The platform is designed to reduce middlemen fees and protect both buyers and sellers from fraud. Key features include global inventory management, instant affiliate payouts, a universal reputation system, pre-dispute resolution, fractional sales and ownership of luxury goods, and real-time marketplace analytics. Spl.yt handles the blockchain technology in the backend, allowing for a seamless 'Plug ‘n’ Play' experience without altering customer buying habits.