Referral System
How To Apply
Every user that downloads the Aurox Wallet will be automatically eligible for the referral system.
Once you have downloaded and installed the extension or mobile application, navigate to the "My Aurox" tab on the bottom bar.
Click the "invite a friend and earn" button to view your referral link and other information.
The referral system is new. It currently does not display the amount of people you have referred. In future version, the wallet will display number of people you referred, the volume generated by your referrals, revenue generated by Aurox and your commission amount.
How It Works
Simply send the referral URL to your friends, or followers. If they click through the link and download our wallet, they will be enrolled under your referral.
If the referred user generates our company any revenue, we will share some of the revenue with you.
The Wallet is free to use, however, there will be several revenue models built into it such as in-wallet swaps and other transactional based services. As we expand our revenue sources, those additional revenue sources will pay out commission as well.
Our company can and will only pay commission on revenue generated.
Commission Structure
In order to create a viral element and significant exposure to our products, the commission will be paid out in tiers.
Tier 1: Users you directly refer
Tier 2: Users your referral has referred
Tier 3: Users referred by users in tier 2.
For example, let's say you refer 5 people. They become part of your tier 1.
If they refer 3 people each, those 15 people become part of your tier 2.
If those 15 people in tier 2 refer 2 person each, the 30 people become part of your tier 3.
In total you will have:
Tier 1: 5 people
Tier 2: 15 people
Tier 3: 30 people
The users that enter into the referral system (i.e. download the wallet) within the first 60 days of our public launch will be grandfathered into a lifetime of 50% commission structure. Anyone that enrolls afterwards will only be eligible for up to 20% commission.
The commission structure for the users that join within the first 60 days will be:
Tier 1: 25%
Tier 2: 15%
Tier 3: 10%
After the first 60 day period, any new user who refers people will only be eligible for:
Tier 1: 10%
Tier 2: 7.5%
Tier 3: 2.5%
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