Referral Pool
Two kind of referrals have been developed.
1/ The classic one where a referrer and a referee are rewarded when the referee registers and creates a wallet in Frak.
2/A far more sophisticated and rewarding one with which the referrer shares a given content to his/her referees and will be rewarded for every earnings made by the creator, at any referral level.
Reward for a new Wallet Creation
For every wallet created by a referee, the referrer and the referee’s wallets are credited with FRK50 each. The users can find in the app a personal code (the user_id
) that they can share very simply with their friends.
Every time a new user signs in, fills in the referrer’s personal code and creates a wallet in FRK, both wallets received the FRK50.
n-Level Reward by sharing a Content
When users share a content to their contacts, they create some value for the content. Therefore, Frak offers them to capture a share of this value because they act as a distributor/reseller.
Use Case : Share purchase
Thus, the Creator earns a net revenue equal to :
Use Case : Earnings thanks to the consumption
Then,
Thus, the Creator earns :
General Formula
The share of earnings given to all the referrers :
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