In 2017 blockchain technology penetrated the mass consciousness. A lot of money is already involved in crypto so most likely that we are in the infancy stage of an emerging vertical. Here is a summary on various crypto offers that we have been promoting in Propeller Ads.
Firstly, verticals very familiar to affiliates for years, have adapted to the new trends. This year has been quite challenging for binary options and forex industry. Rise of cryptocurrencies became a breath of fresh air for the industry allowing brokers to attract new traders and keep existing ones. Cryptotrading offers as they are often referred to are basically the new angle for good old binary/forex. Another growing market is bitcoin gambling. The rising value of bitcoin, its ease of use, low transaction fees and anonymity attracts players all over the world to bitcoin casinos and sports betting. There are even some crypto mobile content offers. A user is charged for subscription and gets access to crypto related content, e.g. a tutorial on cryptocurrencies.
Furthermore, there are many purely blockchain related products. Initial Coin Offering (ICO) has become a big thing in 2017. A ban initiated by a central bank in China commemorates the end unregulated of “gold rush”. However it is estimated that this year has seen more than $1.7 billion raised by token sale and these numbers are growing (https://techcrunch.com/2017/09/07/ic...t-q2-coindesk/) Another growing vertical is a cloud mining, i.e. the process of bitcoin mining utilizing a remote datacenter with shared processing power. Mined cryptocurrency is distributed among miners depending on their share of in the whole system. Some companies already have successful affiliate programs.
To sum up, we do not know for sure what will be the future of blockchain, whether we are entering a new crypto world, or it is going to end with something similar to dot.com crush. However, we know for sure that a lot of money is being made on crypto offers now. Probably today is the best time to enter the market when it is relatively not that competitive.
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Anton