Invitation Codes
The invitation code system is a key functionality in FRQTAL's growth strategy, as it allows our current users to invite new users to the FRQTAL ecosystem, including users who are direct contacts of the initial key users that FRQTAL aims to acquire. This not only promotes the organic growth of the platform but also rewards users for doing so.
To better understand how this system works, an existing user can generate a unique invitation code, which they can then share with friends and family. When a new user registers on FRQTAL using the invitation code of an existing user, both users receive additional rewards.
Limiting Invitation Codes: The idea of limiting the number of invitations a user can send also helps maintain a special status in the user's mind, as they feel part of an exclusive community that has access to the application. This sense of exclusivity can increase user loyalty and engagement with the application.
Additionally, the possibility of receiving FRQ as a gift from the inviting person is an incentive for users to share their referral code. This can increase user interaction and engagement with the application, as it gives them a reason to use it and recommend it to others.
Once the user receives the text message with the invitation code, they can use it in the FRQTAL application. They simply need to enter the code in the invitation codes section of the application, and thus, they can start enjoying the benefits of the application.
It is important to note that the flexibility of receiving text message in the preferred messaging application makes the invitation process more convenient and accessible for users. Moreover, this can facilitate the task of sharing the invitation code with friends and acquaintances, as the user can send the text message directly from the messaging application they use most frequently.
REWARDS
Here is a list of possible rewards that a user who refers others may acquire:
Additional FRQ tokens for their account.
Reduced commissions and fees on transactions on the platform.
Early access to new features and tools on the platform.
Participation in exclusive reward programs and competitions.
Access to exclusive events hosted by artists and creators who upload content to FRQTAL.
Access to exclusive and educational content about blockchain and cryptocurrencies.
Priority in customer support and personalized attention.
Discounts on purchases of products or services from stores associated with FRQTAL.
Exclusive investment opportunities and access to crowdfunding projects through the platform.
It is important to note that these rewards may vary depending on FRQTAL's specific reward strategy, and rewards may be added or removed over time. However, what is certain is that FRQTAL will value and reward users who refer new users to the platform's ecosystem.
This strategy has been successfully used in various cryptocurrency and blockchain applications, including Coinbase and Binance. On both platforms, users can generate invitation codes to share with friends and receive rewards in the form of cryptocurrencies. This has proven to be an effective way to attract new users and encourage organic growth on these platforms.
In FRQTAL, the invitation code system will be an integral part of our growth strategy, and we expect our existing users to be motivated to share our platform with friends and family. By doing so, they will not only be helping FRQTAL grow but will also be rewarded for their efforts.
INVITATION CODE PROGRAM
Next, we will show you how our invitation code program works so that you can accurately understand what happens when collaborating with us on this great project.
✅ The lifecycle of a Frqtal Financial NFT:
The creator (User C) creates their collection or a single NFT and puts it up for sale (2.5% Frqtal Payments commission for the money ramping if the user acquired FRQ coins directly in the app).
The buyer acquires this NFT or collection.
A percentage of the purchase value is immediately received by the seller (User C) (70%).
A percentage of the purchase value (+30% staking) is received by FRQTAL organization, which invests this value to generate more (part of which goes into the royalties distributed to users).
The buyer (User F) acquires ownership of the FNFT.
The buyer (User F) unlocks the digital content of the creator's channel.
The Creator (User C) receives monthly royalties of 1% of the (+30% staking) of the FNFT or collection price sold until there are no more FRQs to distribute.
The buyer (User F) receives monthly royalties of 0.5% of the (+30% staking) of the FNFT or collection price purchased until there are no more FRQs to distribute.
FRQTAL Labs receives monthly royalties of 0.467% of the (+30% staking) of the FNFT or collection price purchased until there are no more FRQs to distribute.
The person who referred the seller, if they exist on the first level (User B), receives 0.03% of the (+30% staking) of the FNFT or collection price purchased until there are no more FRQs to distribute.
The person who referred the seller, if they exist on the second level (User A), receives 0.03% of the (+30% stacking) of the FNFT or collection price purchased until there are no more FRQs to distribute.
Other things that happen when this purchase-sale is generated are that the suggested value in the sale and auctions within the App increases by 3% when each item in a collection is being sold.
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