PESTLE analysis (GFS)


Ethereum is a decentralized network, hence benefiting from a significant amount of insulation from political shock. While some governments may attempt to regulate it, it’s not clear how they can achieve this based on the nature Ethereum operational protocol. Besides, Ethereum has achieved a high level of regulatory approval by EEA, as well as acceptance and rapid adoption by the central banks and F500 companies. These developments have legitimised the decentralised network in many ways, hence is not likely to face any significant political threats. This is why many Ethereum Affiliate Programs have emerged in the recent past, with other competing blockchains such as Moonbeam, Cronos, Fantom, and Moonriver among others also wading into the affiliate business.


The Ethereum ecosystem has been growing at a rapid rate. Projects built on it are receiving millions of investments daily, which when combined with the political approval it has received from EEA and the ever-growing developing community working with the protocol, has cemented the strong belief that Ethereum will grow to become the single, largest blockchain for enterprises. This is evident in the high number of start-ups choosing Ethereum as their blockchain of choice.


Ethereum has been receiving massive media coverage following its explosive growth. This has broadened the general public’s familiarity and trust with the ecosystem. Experts believe this will help in the transitioning from the network being just a preserve of geeks and speculators to a broader user base. The trend is already taking shape with thousands of decentralised apps (DApps) and non-fungible tokens (NFTs) launching on Ethereum. Zloadr Affiliate Program is one of the best as it offers some of the most popular NFTs within its affiliate program. The growth is expected to give users massive benefits as they reap the decentralised web, just as SMTP did with email.


As a sector in its initial developmental stage, there are likely to be significant improvements and changes to the tech landscape of AffiliateMarketRank. Nonetheless, the level of funding sought will ascertain the tier one development resources, which will help us leverage our advantages. From the perspective of macroeconomics, advancements in the blockchain ecosystem will ensure clients’ products become more accessible to the larger market to a point that it will be hard for the end user to distinguish DApp from regular web-based apps. This can only give a promising future for AffiliateMarketRank.
Besides the difficulty in regulating decentralised networks, AffiliateMarketRank can count on the political clout offered by the EEA, as well as the rapid adoption of the Ethereum network by the central banks and F500 companies. The trend has seen the increasing legitimization of the Ethereum Platform in the eyes of regulators. This means that there are almost no significant legal threats to the platform, and should regulators pursue action against a specific participant, it would mainly be based on transgressions of a single bad actor breaking other laws. It, therefore, means that such acts would not have any significant impact on the rest of the participants in the blockchain ecosystem. AffiliateMarketRank's position as a middle-man between merchant and publisher further distances it from any potential legal action (much like affiliate platforms and affiliates were ignored by the Dept. of justice in the Black Friday indictments revolving around poker rooms offering illegal gambling to US citizens).


AffiliateMarketRank's decentralised architecture allows it to operate using a much smaller carbon footprint than a regular platform would. Moreover, Ethereum is moving away from the proof-of-work (PoW) which is more energy intensive to the more sustainable proof-of-stake (PoS).