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Unlock the value of ‘word of mouth’ marketing in web3. Recommend crypto or NFT and earn rewards from referral farms.

Overview Attrace Referral Farms

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The Attrace protocol will introduce the concept of Referral Farms.

There will be two types of Referral Farm:

Single-Token Referral Farms- Suitable for crypto or NFT projects/protocols to sponsor referrals of their token. Any token that exists on a network supported by the Attrace protocol can have sponsored referrals by utilizing Single-Token Referral Farms (e.g. ERC20, ERC721, ERC1155)

Examples of Single-Token Referral Farms:

  • Mask incentivises referrals and directs traffic/volume towards $MASK token by creating a MASK Referral Farm
  • Cryptowalkers incentivises referrals and directs traffic/volume towards their NFT collection by creating a Cryptowalkers Referral Farm

Multi-Token Referral Farms- These farms are the most suitable for ecosystems hosting token exchanges that are willing to incentivise traffic/volume towards their protocols (e.g., DEX, Marketplaces, blockchain networks). Any token that exists on networks supported by the Attrace protocol can have sponsored referrals by utilizing Multi-Token Referral Farms (i.e. ERC20, ERC721, ERC1155)

Examples of potential Multi-Token Referral Farms:

  • An NFT marketplace incentivises referrals and directs traffic/volume towards its smart contract by creating a Multi-Token Referral Farm which includes NFT collections traded on the marketplace
  • A DEX incentivises referrals and directs traffic/volume towards its smart contract, by creating Multi-Token Referral Farms which includes crypto tokens traded on the DEX
  • Blockchain network (traffic towards network tokens and protocols) incentivises referrals and directs traffic/volume towards the network, by creating Multi-Token Referral Farms which includes tokens and protocols on the network

The Attrace Referral Farm will be the first to utilize a Multi-Token Referral Farm feature (protocol native Multi-Token Farm).

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Attrace
Attrace

Published in Attrace

Unlock the value of ‘word of mouth’ marketing in web3. Recommend crypto or NFT and earn rewards from referral farms.

Attrace
Attrace

Written by Attrace

Referral Protocol for Web3 Assets

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