🛫 Bid to Earn
Invite interesting people and rewards await you.
Last updated
Invite interesting people and rewards await you.
Last updated
Bidding to create a invitation link to a potential influencer You can earn from the bidding and it also speed up the enrollment of potential influencers
Say you're Bid 1 and offer $20
Bid 2 is $100
You'll receive Bid 1 + 50% of Bid 2, which is $20 + $50 = $70 (there'll be 1% for protocol and 1 % for the 🏦 National Tribe Treasury)
The influencer will share 20% of the transaction fee of the first 500th transactions in his/her tribe
The influencer will get ~50% of your bidding after creating his/her tribe
Each bid must be at least 20% higher than the previous bid
say the current bid is $100, you should bid at least $120
Minimum ROI is 8%
The first bidding, (kind of) a big winner (since he doesn't have to share bidding to others)
If the influencers think the bidding price is too low ( and don't want to share transaction fees with the last bidder), they can bid for themselves(by using other account to bid), they can not ignore the bid
It seems if I do not accept the bidding, I can always wait for a higher bid, right?
Yes and No, time is also a cost, you may lose the potential transaction fee during your waiting, it's an art of "waiting"
