Referral Royalties

Referral Royalties is a well-known marketing tool that allows for the attraction of new clients through existing users. We consider this referral program as a business partnership and strive to create convenient and profitable conditions for our affiliated users. In the context of cloud mining, the referral program allows the user to receive a bonus for attracting new users to the platform. In the case of BeMine, Referral Royalties can be up to 30%. There is no need to purchase your own equipment on the site - we have prepared conditions that are available to literally everyone who wants to start a business with BeMine.

Funds for Referral Royalties are taken from the total income from the sale of mining equipment and the allocated number of tokens. As soon as a new user joins the platform via a referral link and purchases mining power, the user who sent this link receives a bonus, which is subtracted from the total income from the sale of mining equipment.

In BeMine, Referral Royalties can consist of several parts:

  • Bitcoin rewards

  • PAWA token rewards

  • Active hash-power rewards

Our Referral Royalties also have two levels:

  • On the 1st level, the largest reward is given to those users who actively attract referrals through their link.

  • The 2nd level is for team players. If you build a team to do business using Referral Royalties, this level is for you.

In addition to levels and component parts, Referral Royalties income can vary depending on the client's status:

1st Level

You receive a reward for the operations of a user who registered through your link

2st Level

You receive a reward for the operations of a user attracted by your level 1 referral

Newcomer

Level 1

3%

5%

Total referral income up to $10,000

Level 2

1%

2%

Influencer

Level 1

6%

8%

Total referral income up to $100,000

Level 2

2%

4%

+ 1% of daily profit from referral mining

Venture capitalist

Level 1

12%

16%

Total referral income from $100,000

Level 2

4%

8%

+ 3% of the daily profit from referral mining

Example calculation:

  • User A attracts user B to the platform using their unique referral link.

  • User B purchases mining power for $15,000, which generates 15% profit for the company and 6% of the total sales amount as a referral bonus.

  • User A receives $900(in BTC) as a referral bonus + $1,200 (in PAWA), which is deducted from the total revenue from the sale of mining equipment.

These examples are not an exact calculation, as the percentage of referral bonus and the conditions for its accrual may be changed by the company depending on the season, promotions, and other factors.

ADVANTAGES

Over competitors:

Firstly, referral programs can help a company attract new users without the need to form and service advertising budgets. Moreover, this affects the positioning and acceptance of the service - users who received a referral link from another user/influencer may consider it more trustworthy than advertising directly from the company.

Secondly, referral programs can help companies increase the loyalty of their users. Users who receive bonuses for attracting new users to the platform may be more inclined to continue using its services, long-term cooperation, and joint business operations.

Finally, referral programs help companies increase their income, as bonuses paid for attracting new users can stimulate existing users to increase their investments or use the company's services, which inevitably affects the company's capitalization and is the main goal during the promotion of its token and supporting its liquidity.

For users:

Firstly, it provides the opportunity to receive a bonus for bringing new users to the platform. For many users, this can be a tool that opens up possibilities for free mining or stable earnings without actually mining.

Secondly, a user who receives a bonus for each successful registration increases their income and reduces expenses for equipment maintenance.

Finally, a referral program can help a user expand their network and learn about other opportunities in the cloud mining industry. We like to think that this will strengthen the community, increase interest in cryptocurrency mining, and lead to a deeper understanding of the basics of mining cryptocurrency.

For the organization itself:

Firstly, it increases brand awareness. When users share information about the platform with friends and acquaintances, it helps more people learn about the company and its services.

Secondly, a referral program can help increase the number of users on the platform, which can lead to an increase in the quantitative and qualitative characteristics of the feedback received about the services provided by the company, cover a more business-partnered audience, expand the spheres of influence of the company, and increase its profit.

Thirdly, a referral program can help improve the quality of users on the platform, as new users attracted through a referral program are often more loyal and active.

Fourthly, efficient resource allocation: Referral programs allow companies to focus on developing and improving their products and services, delegating promotion and sales functions to brand ambassadors.

Finally, a higher level of coverage: Network marketing and referral programs can attract customers who might otherwise be overlooked using traditional marketing channels.

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