NFT Affiliate
1. What is NFT Affiliate?
NFT Affiliate is a feature that allows users to mint NFTs using their existing NFT tier to determine the number of NFTs that can be minted. For each new NFT issued, an amount of fee will be charged, and 30% of this fee (can be configured) will be shared as rewards among NFT owners, the marketing budget, and the development team according to a ratio set by the NFT Affiliate Creator.
The remaining 70% (can be configured) goes to the liquidity pool. If the user mints the NFT outside of the affiliate system, the 10% bonus will still be returned to the NFT minter.
2. What is the benefit of NFT Affiliate?
The NFT Affiliate offers benefits such as earning commissions on minting fees, commissions from new NFT activities, and access to more lucrative rewards. As an NFT holder, you can earn commissions from your friend's earnings by sharing your unique affiliate link. The more friends you have in your subtree, the more rewards you can receive.
Each NFT has a unique affiliate link, making it easy for users to mint new NFTs and earn commissions.
Note:
NFT Feed suggests for new projects add LP through INO. The project's INO sale amount will be added to liquidity (LP) security in pairs: NFT Token (xTOKEN) + Chain's main token (STABLECOIN).
This helps Chain increase TVL and Projects can commit to long-term companionship with users.
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