Passive income by BITON_MARKET!

Biton
Biton
Sep 9, 2018 · 2 min read

Hi everyone! Today we will tell you about our referral system which can become a source of passive income for each participant of BITON_MARKET.

The basis of the referral system is the CORE (database).

The CORE is the basic block (algorithm) through which every BITON_MARKET transaction is being processing and registered. All products offered in the platform are divided into the three main categories in terms of quality and origin:

  • Global Brands (distribution by dealers)
  • Local Production or Local Brands (including original but non-branded goods)
  • Replicas (copies, analogues of branded or original goods).

The first participants completing a sale or purchase transaction shall have a link to the CORE. Each participant becomes a “Leader” (Referrer), as soon as a new referral (customer or seller) is registered by its referral link or code.

Depending on the product category, a fixed commission on each transaction is credited to the CORE.

  • Global Brands (dealer distribution) — 7% commission is credited to the CORE, 3.5% of which is distributed among all participants.
  • Local Production or Local Brands (or non-branded goods): — 14% commission is credited to the CORE, 7 % of which is distributed among all participants.
  • Replicas (copies, analogues of branded or original goods): — 25% commission is credited to the CORE, 10 % of which is distributed among all participants.

All details about the distribution of funds can be found in our whitepaper.

If you have a big network of active buyers purchasing of bringing other people, you keep earning money still having time to do something else.

So the main feature of this referral system is a passive income earned by our users on each transaction completed by their referrals. BITON_MARKET gives everyone an opportunity to earn passive income.

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