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Technical Support / Re: Lifetime Membership
« on: October 31, 2015, 04:59:48 pm »how do i go about getting LT membership, and what are the benefits?
A LT membership let you create/register new user accounts, without which you need to rely on a faucet such as OpenLedger. When the new user account is created under your name, you become the referrer. Any transactions by that new account, and by your own LT account, will earn you a commission (eg 80%). There are other goodies too, like an ability to register a 'nice' account name without the '-' and the digits. You can upgrade to LT using OpenLedger or you can use the services of another LT member to register a 'proper' account name (via cli wallet) before upgrading it. I am a LT member and if you like, I can help you to do just that.
If I upgrade my account to LM through open ledger, will I receive 80% of all fees from anyone I refer? If not, is there a way I can create an account that will give me 80% of all fees from people I refer?
Regardless of referral status, 20% of fees go to the network. Lifetime members get the entire remaining 80% of their own fees back.
When openledger (or anyone else) registers an account, they fill in who referred the new account and can allocate that 80% between the referrer and themselves.