Incentive Structure and Rewards
Breakdown of Incentives and Rewards Distribution
Shared profits between all participants
JamOnBread's smart contract has multiple affiliate levels and dynamically splits transaction fees based on many factors. These factors include the marketplace where the NFT was listed, the marketplace where the sale occurred, and the contributors involved in the NFT sale (link affiliate).
Affiliate program will be available to everyone - users, content creators, project founders, tool builders and others.
To better understand here is list of five possible sale participants:
Marketplace (site) where NFT was listed
Marketplace (site) where NFT was sold
Listing affiliate agent - a person who brings a new listings to JamOnBread's smart contract via their personal affiliate link
Sales affiliate agent - a person who finds a buyer of an NFT listed on JamOnBread's smart contract via their personal affiliate link
Sales sub-affiliate agent - a person who invited an affiliate agent who finds a buyer of an NFT listed on JamOnBread's smart contract via their personal affiliate link
JamOnBread's treasury
Each sale always has following participants: Marketplace (site) where NFT was sold, Marketplace (site) where NFT was listed and JamOnBread's treasury.
The involvement of sales affiliate agents in the rewards system depends whether the affiliate link was used.
We have divided the incentives as follows
The JamOnBread smart contract has a trading fee of 2.5%. It is important to highlight that the profits from trading are distributed fairly among all participants.
This creates many opportunities for projects, users, marketplaces, content creators, tool builders, while also ensuring that the majority of ADA remains within the ecosystem.
Listing incentive: A marketplace or a site where NFT was listed for sale.
Total reward 40% of the trading fee (1% of NFT price)
In case of using affiliate agent:
Marketplace or a site where NFT was listed: 50% of the listing reward (0.5% of NFT price)
Listing affiliate agent: 50% of the listing reward (0.5% of NFT price)
Sale Incentive: A marketplace or a site where NFT was actually sold (purchased by a buyer)
Total reward 50% of the trading fee (1.25% of NFT price)
In case of using affiliate agent:
Marketplace or a site where NFT was sold: up to 60% of the sales reward (up to 0.75% of NFT price)
Sales affiliate agent: 40% of the sales reward (0.5% of NFT price)
More information about the sub-affiliate rewards is going to be published as we approach our Beta launch
Smart Contract Treasury Reward: JamOnBread's treasury for development to bring more innovative solutions to the Cardano ecosystem
Total reward 10% of the trading fee (0.25% of NFT price)
The minimum JamOnBread Treasury reward is always 0.1 ADA, other treasuries have a minimum of 0.02 ADA.
For more detailed information on how our On-chain Affiliate Program works, please explore the dedicated section.
The graphs illustrating rewards with affiliate agents are currently just demonstrative and will change accordingly as we release final information regarding sub-affiliate rewards.
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