- You can choose “Fixed amount” option which is setting a fixed amount of tokens as rewards for each referral, for example 1 USDT for a successful referral. It can be your custom token as well, or you can even reward affiliates with NFTs
- You can also choose the “Tiered” option, which allows for the creation of Tiers in the program. For example, if you invite have 1 successful referral you will get 10% revenue share. If you have 5 successful referral you will get 5 USDT, or NFTs.
Web3 Tools
Using ShareMint
ShareMint makes it easy for Web3 projects to launch an affiliate or referral marketing program. A strong referral and affiliate program incentivizes people to share your project. ShareMint makes it straightforward to run affiliate programs, utilizing on-chain activity and rewarding affiliates in tokens.
An affiliate program in Web3 can be used for NFT sales campaigns and other efforts where affiliates can earn a reward for referring others. In this article we will walk through the steps where you can deploy an NFT contract and set up a Revenue Sharing affiliate program, where users who refer others who buy can earn a reward.
To start, visit https://sharemint.xyz/ and click on “Get Started”
Seeing it is your first time signing up, the ShareMint team will collect information about your project, in a series of steps. After completing the steps, you will be redirected to a screen where you can select if you are a signing up as a “Project” or as an “Affiliate”.
Select “Project” and you will be taken to a page listing your projects. If there’s no project, you can create one
In this example, we are creating an NFT project
In the next step, select “Fuse” as the Blockchain where the NFT Contract is deployed.
It is the first time this is being set up on Sharemint, answer “No” to the question: “Has the project already started minting?”
Fill in the project details
In the next step where you fill in the affiliates’ rewards share, set a percentage and use the “Revenue Share” model as an example.
Note the following: