Author Topic: Payout Referral Commisions in Smartcoins  (Read 4290 times)

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Offline fav

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How we handle the current referral commissions is very much flawed in my opinion.

Here's an example based on my "first 100 Referral"- Stats Post.

I calculated a sign-up to be worth $1 in BitShares.

The BitShares are vesting for 90 days (nothing wrong with that) however, if the price drops by 50% one sign-up drops to $0.5 or even less if the committee refuses to adjust the lifetime upgrade fees.

In this case I only make around $0.25 per referral.

How will this prevent marketers from joining?

It's all about numbers. If I calculate $1 per sign-up, I can easily pay up to $1 (break even) for advertising.

Do you see the problem?

If the value of BTS drops, I'm literally paying to lose money.

It's essential to payout referral commissions in Stablecoins, please make it happen.