Sounds more like an affiliate program, is the concept derived from some multi-level marketing (MLM) program?
The SRG Community is the 1st decentralized intra-gaming platform based on the referral system using the Ethereum smart contract.
The referral system is the form of business cooperation between the owner of the Internet project (or seller) and the logged on user (partner) withthe aim of obtaining mutual benefits by selling of any goods or services. This system helps the seller to reduce the cost for attracting customers.
We have multi-level referral program.
There are two kinds of referal programs - single-level and multi-level.Single-level program has three participants: the project, partner and referral. You, as a partner, invited referral, he bought something and you received benefits. If he invited someone else, and he purchased the goods, you wouldn’t be awarded. In multi-level referal system there can be two and more referral levels. It means that you receive benefits for those whom you invited, and for those who were invited by your referrals.
Why is this system so popular?
The aim of using this system is to expand the horizons of the website.The participants invite new members, and those in turn invite others to receive benefits. And in this way the information of the website quickly and efficiently spreads to the Internet. Active participants of the referral system, who know where and how to get the necessary amount of visitors, earn a lot of benefits.
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