ICO Trustless Affiliate Program
The Sharpe Capital digital token sale (ICO) will take place on November 6, 2017. Today we’re announcing our trustless affiliate program, which gives well-connected individuals in the crypto community the opportunity to earn SHP in exchange for bringing us participants. Participants can contribute during the pre-sale or live ICO phase.
Our affiliate program is the first of its kind in the blockchain industry. The rules are coded into our smart contracts such that the distribution of commission and discounts is entirely trustless and decentralised.
Participants who specify an affiliate address upon contribution will earn 1% extra SHP for their contribution — incentivising them to make the effort of including the affiliate’s details. Affiliates will earn between 1% and 3%, depending on the size of their investor’s deposit.
To register as an affiliate please email firstname.lastname@example.org.
How Does It Work?
Firstly, as an affiliate you must make contact with us to declare your interest in our affiliate program and to provide us with your Ethereum address.
Once you have made contact, we will verify your identity and whitelist your Ethereum address for receiving SHP bonuses via our smart contract.
Participants referred to us by you should include your Ethereum address in the transaction data when contributing to our ICO. The address will be checked against our whitelist and, if valid, you will receive a referral bonus in accordance with the tiers below.
Whitelisted affiliates that refer participants to the Sharpe Capital ICO will earn SHP proportionate to the amount contributed by the investor. The amounts will be tracked in ETH, with the values set upon pre-sale launch. For the purposes of this blog post, the tiers are included below in USD.
- Under $20k = 3%
- $20k — $50k = 4%
- Over $50k = 5%
For example, Alice refers Bob to our ICO and Bob contributes $30,000 USD. SHP will be distributed at a rate of 2,000 per 1 ETH. If we assume 1 ETH = $250 USD, Bob would normally receive 240,000 SHP.
However, by using our affiliate program Bob will earn a 1% bonus and Alice qualifies for a tier 2 referral payment of 4%. Bob will now receive 242,400 SHP and Alice receives 9,600 SHP.
As we approach our ICO we will be continually working on our smart contracts. You can find these on our GitHub page: https://github.com/sharpe-capital/sharpe-token
Below is a brief overview of the key methods in our smart contracts that support our trustless affiliate program.
Before an affiliate can receive referral bonuses, their Ethereum address must be whitelisted.
Contributing With Affiliate Address
The affiliate address is extracted from the transaction data when participants make deposits to our contribution address. If the address is valid the contributor will receive 1% additional SHP.
Paying Referral Bonuses
The SHP payment rewarded to affiliates is calculated based on our whitelist and the transaction data.
Get In Touch
We’re currently looking to speak with participants that would be interested in our pre-sale, due to commence shortly before our ICO in November.
If you’re interested in our pre-sale, or simply want to learn more about our project, feel free to get in touch at email@example.com.