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RE: How will the new #steemit referral system work, and when will it start working? @ned & @dan

in #steemit8 years ago

Be careful with referrals. I agree with poster that it will cause lots of inactive accounts. You want to someone to open an account, post, vote, get some rewards learn about the whales and steem power then buy steem. Referrals won't help as much as big dollar amounts on post that seem like they could have been written by anyone. If you have referral rewards it's much better to get a reward for posting a link to a high value post on Twitter Facebook linked I. Etc. and reward for that than reward for account openings.

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the referral could be earned over time, sort of like how multi-tier marketing works, the referrer would get a piece of the referred's revenue for a certain amount of time. For example, 10% up to $1000 max that the referred makes. Something like that?

I wouldn't want to join if I became an indentured posting servant to the guy whose link I signed up with.

 8 years ago  Reveal Comment

I would think of fixed commission and variable commission differently as a buyer. Selling your lifetime of posting voting income seems like a lot. Perhaps a commission could be based on first year rewards only.