Meet the new format of the partnership program on Fairlaunches 🚀
How does it work?
1️⃣ If a launch specifies a partnership program, for example, 5%, this means that 5% of each purchase, regardless of whether it was made through a referral link or not, will go into a special partnership pool.
2️⃣ Then, this partnership pool is distributed among all active participants of the partnership program (those who invited friends via a link, and they made any purchase). Each participant's share depends on the volume of purchases made by their invitees.
Example:
👉 Imagine there is a launch with a 5% partnership program and collections of 1000 TON. Even if no one used a referral link, the partnership pool would still be 50 TON (5% of 1000 TON).
Now let's assume that User 1 invited User 2, who made a purchase of 1 TON. The total collections increase to 1001 TON, and the partnership pool becomes 50.05 TON.
How are rewards calculated?
❓ User 1's reward is calculated based on their share of partnership purchases. In this case, the formula would be = 1 TON of User 1's referral purchases / 1 TON of referral purchases (all referral purchases) * 50.05 partnership pool.
🤯 Thus, User 1 receives 50.05 TON as a partnership reward for inviting one user who made a purchase of 1 TON.
Additional example: Suppose User 2 invited User 3, who made a purchase of 99 TON.
The partnership pool will now be = 1001 + 99 * 5% = 55 TON.
💎 The reward distribution will be as follows:
User 1's reward = 1 / (1+99) * 55 TON = 0.55 TON
User 2's reward = 99 / (1+99) * 55 TON = 54.45 TON
How does it work?
1️⃣ If a launch specifies a partnership program, for example, 5%, this means that 5% of each purchase, regardless of whether it was made through a referral link or not, will go into a special partnership pool.
2️⃣ Then, this partnership pool is distributed among all active participants of the partnership program (those who invited friends via a link, and they made any purchase). Each participant's share depends on the volume of purchases made by their invitees.
Example:
👉 Imagine there is a launch with a 5% partnership program and collections of 1000 TON. Even if no one used a referral link, the partnership pool would still be 50 TON (5% of 1000 TON).
Now let's assume that User 1 invited User 2, who made a purchase of 1 TON. The total collections increase to 1001 TON, and the partnership pool becomes 50.05 TON.
How are rewards calculated?
❓ User 1's reward is calculated based on their share of partnership purchases. In this case, the formula would be = 1 TON of User 1's referral purchases / 1 TON of referral purchases (all referral purchases) * 50.05 partnership pool.
🤯 Thus, User 1 receives 50.05 TON as a partnership reward for inviting one user who made a purchase of 1 TON.
Additional example: Suppose User 2 invited User 3, who made a purchase of 99 TON.
The partnership pool will now be = 1001 + 99 * 5% = 55 TON.
💎 The reward distribution will be as follows:
User 1's reward = 1 / (1+99) * 55 TON = 0.55 TON
User 2's reward = 99 / (1+99) * 55 TON = 54.45 TON