This new Bitshares thing!

[DecentralizeEconomics]

our referral program which encourages everyone to teach others about that utility.

But biggest of all is the partnership program in where partners refer their existing customers and collect 80% of their lifetime usage fees.

So, if you are a professional society with 30,000 members and you come up with a reason for those members to use BitShares and motivate them to sign up, guess what?  Your society gets 80% of the fees from 30,000 people using the network.

How many organizations are looking for new ways to monetize their existing user base?

This sounds like a pyramid scheme.

[testz]

our referral program which encourages everyone to teach others about that utility.

But biggest of all is the partnership program in where partners refer their existing customers and collect 80% of their lifetime usage fees.

So, if you are a professional society with 30,000 members and you come up with a reason for those members to use BitShares and motivate them to sign up, guess what?  Your society gets 80% of the fees from 30,000 people using the network.

How many organizations are looking for new ways to monetize their existing user base?

This sounds like a pyramid scheme.

Pyramid scheme should be multilevel, BitShares Referral Rewards Program has only one level and referral get rewards only for limited amount of time which can be changed by shareholders and at start it's will be 3 month AFIAK.

[StanLarimer]

Actually, it's called "profit sharing".

You move your customers onto our platform and you become a partner - reaping 80% of the fees they generate while they are using the BitShares system.

Simple as that.

It's just like opening your store in our shopping mall.  BitShares collects 20% for providing all the infrastructure and you keep 80% for bringing in your customers.

[Tobo]

So BTS as the coins are only used on Bitshare Trading Platform and not used on the MUSE and Identabit, right? Will BTS coins holders get any benefit from MUSE and Identabit platforms?

[testz]

So BTS as the coins are only used on Bitshare Trading Platform and not used on the MUSE and Identabit, right? Will BTS coins holders get any benefit from MUSE and Identabit platforms?

From MUSE (aka BitShares Music) no, from Identabit probably yes.

PS: MUSE allocation details: https://bitsharestalk.org/index.php?topic=9482.0

[Bisha]

Will BTS coins holders get any benefit from MUSE and Identabit platforms?

The benefit they can get is if they get a sharedrop