1) How is the commission determined?
After a project launches and finalizes their liquidity, a certain percentage of the amount raised will be collected by the platform.
Example – A project can choose to pay:
A) 5% of the BNB raised
B) (2% of the BNB raised) + (2% of the project’s tokens)
as the platform service fee.
In the case of project tokens received, those tokens will be sold at a later time to convert them to BNB. Once the final amount of platform service fee is determined for a project, then (and only then) will your commission be calculated.
The commission will initially be 5% of this final amount of platform service fee (paid in BNB), but the commission amount may change over time
2)When and where will the commission be paid
The Vsale team has up to 30 days from the date determined above to pay commissions. It is the responsibility of the affiliate to make sure the address provided is up to date and notify the Vsale team if it ever changes, prior to a commission being paid. Once the commission has been sent to the wallet address on file for the affiliate, there is no way to redirect those funds since they are already released. The wallet address should be a BEP20 BNB capable address (that starts with “0x”) on the Binance Smart Chain (BSC). It is the responsibility of the affiliate to be sure the address provided is one they control and can access on the BSC.
3) What are the expectations to receive a commission
The affiliate will follow the procedures provided to connect any potential project team to the inside sales team handling Vsale and Skylabs projects. A sample of the expected interactions are provided here as a reference to set expectations, but you will get formal instructions upon completing the form and may expect them to change over time as the process develops.
GENERAL STEPS FOR REFERRER WHEN ADDING CONTACTS TO TELEGRAM CHAT GROUP:
A) Discuss or mention that you will be introducing them to the Vsale support team by creating a Telegram chat group and adding them into the group with the Vsale Telegram handle so they can get help on their launch
B) Once you’ve made the introduction in the new Telegram chat, you will follow up to let them know they were added
C) Once added, you will use an introduction message to start the conversation and then direct the project team/person you’re referring to Vsale and/or Skyabls to the sandbox and provide instructions about how to use the sandbox (we will supply the actual instructions).
4) Are there rules or regulations?
Yes, an affiliate can be removed from the program at any time, but especially if there is any fraudulent behavior, unprofessional behavior or any other activities that would shine a negative light on Vsale and/or Skylabs in any way. The affiliate agrees to handle all communications and interactions in a professional manner.
Get notifications on an unlimited number of projects you follow when changes are made to the launch date, or other important new details are shared on the project.
Follow an unlimited number of high-performing scouts and mirror their trades. At Tier 3 you can test the feature by following one scout, while at Tier 4 you can follow an unlimited number. See when the scouts you follow are getting into a launch before it happens, or what they’ve added to their watch list or just sold.
Search for projects with the highest probability of performing in the timelines you prefer (short-term, middle-term or long-term).
Follow a high-performing scout and mirror their trades. At Tier 3 you can test the feature by following one scout, while at Tier 4 you can follow an unlimited number. See when the scouts you follow are getting into a launch before it happens, or what they’ve added to their watch list or just sold.
Get notifications on a limited number of projects you follow when changes are made to the launch date, or other important new details are shared on the project.
Organise and track upcoming projects you’ve been watching, or plan to get into, or that you already purchased tokens in.
Get compensated for posting newly launching projects to CrowdX. The better the projects you post perform, the greater your compensation. If you’re at Tier 3+ check your profile area for current compensation amounts. Or, request this information in the Telegram group.
Get an at-a-glance view of all the hottest projects being watched or favourited by the community to know which projects are garnering the most attention.
See the colour-coded ranking of each scout who posts a project to the calendar to know their overall historic track-record on the success or failure of their previously posted projects.
After a scout posts an upcoming project to the CrowdX calendar, trained “Vetters” can conduct more research and share their findings before the project launches.
Know which projects were posted by ranked scouts vs. unranked scouts, and see project details shared by the scout so you can research or participate in launches.
See the number of projects launching by date across 16+ different chains. Refine your search based on the chain it’s launching from, or by the type of blockchain project and many other search parameters.
In Q3 on the CrowdX roadmap you’ll see reference to Vetter University upgrades. When complete this Orientation will walk users through the new campus and courses.
Get notifications about important community events or topics specific to your Vetter account.
Anyone can post launching projects as an unranked scout; however you must be at least Tier 3 to post as a ranked scout and receive compensation.
See community reported gains as well as audited gains produced from projects posted on the Vetter CrowdX dApp.
2-week, at-a-glance view of the date and total number of upcoming launching projects, with colour-coded success rank of the scouts who posted it.
Vetter is not currently designed for wallet-to-wallet transfers. You will get taxed and lose Vetter if you send Vetter from one wallet to another.
This wallet-to-wallet transfer tax will permanently be removed soon.
After the launch of VSL token, all buy/sell taxes for Vetter will be removed, which means the wallet-to-wallet transfer tax will also be removed. This is to make way for CEX listings.
Learn more about VSL token launch.
CertiK Audits coming soon!