for the idea, but affiliate structur was discussed in the past and the devs didn't liked it!
I am not against MLM, but i see the critic points.
What i like of the proposal was the idea of the factoryowner who paid their employees in bitCNY and get some funds back from them and from the people they are inviting into BitShares.
I am a fan of KISS and the system Max suggested is to complicated
--------------------------------------------------------------------------
1. to pay 20 bitUSD! 20 bitUSD are in some places a huge amount and maybe this are the places we need the most.
- so, get rid of this idea and make it available for anyone
----------------------------------------------------------------
2. to get a share of the fees will not help much, but we should share the paid
yield on this account as long as the
account is used!
- so, get rid of 20 years or other restriction. If i am a user and i know how the system works i just create a new account and get rid of the shared yield and get all of it. So lazy users will share and smart users can "OPT out" if they want.
- maybe share 10% of the yield and split it: 40% Tier 1 ; 30% Tier 2 and 30% Tier 3
- with this in mind, you want people in the system who will put their bitUSD, bitCNY etc. into BitShares and earn interest.
- for this we need to ramp up the yield to 5%, so i would like to increase for the shorts the minimum interestrate to 5% at the moment without much interest to short you get it for free!!!
with this approach bytemasters concerns are gone because, we would pay anyway the 5% yield, but distribute it now a little bit different and if you are smart and just create your own 4 accounts and get the whole 5% yield i don't mind.
-----------
so it is not as good for MLM groups, because you don't get something instantly, but if you are doing a good job you will get paid a lot more on the long run
Assume you introduced 100 people into BitShares and everyone of them intorduces 2 more and of them 1 more
Tier 1: 100 people :: everyone holds 1000 bitUSD (100*1000 = 100.000 bitUSD) :: 5% are 5.000 bitUSD and 10% for the affiliates are 500 bitUSD :: i will get 40% so 200 bitUSD
Tier 2: 200 people :: everyone holds 200 bitUSD (200*200 = 40.000 bitUSD) :: 5% are 2.000 bitUSD and 10% for the affiliates are 200 bitUSD :: i will get 30% so 60 bitUSD
Tier 3: 200 people :: everyone holds 100 bitUSD (100*200 = 20.000 bitUSD) :: 5% are 1.000 bitUSD and 10% for the affiliates are 100 bitUSD :: i will get 30% so 30 bitUSD
so 290 bitUSD sounds maybe not much, but you should consider it is "as long as the account is used" and the considered invested amounts are not really big!
is this better?