Referrals

How can one create a valid referral?

Pending Referral

These are the users you have invited who are yet to fulfill any of the qualifying conditions. They appear in the Pending area of your account.

Valid Referral

These are the users you have invited who have fulfilled at least one of the following conditions:

1. Launchpad Spending: Spend over $199 on launchpad.

2. General GN Requirement: The inviter must have a General GN of greater than or equal to 30,000

3. Valid Invitations: Successfully invite greater than or equal to 5 people

Upon meeting these conditions, they move from the Pending area to the Valid section of your account

Referral Rewards

1. Launchpad Referral Bonus: Based on the bundled purchase price products on Launchpad. Each product's price influences the commission percentage and total amount. Bonuses can be claimed after the GM Network mainnet launch.

2. Referral GN: 1% of the General GN earned by your valid referrals. This amount will be automatically added to your Total GN.

3. Milestone Referral Rewards: provide additional GN for completing invitation tasks, such as inviting 1, 10, or 50 people, with specific GN rewards for each milestone.

Launchpad Referral Bonus

The Referral Bonus displayed on the referral page is determined by the commission mechanism based on the bundled purchase price of Yozoo. Each product, including different styles and quantities, has a specific bundled price, which influences the percentage and the total amount of the commission. They will be available to claim after the mainnet launch of GM Network.

Example

Your invited your friend Alex to purchase the Yozoo Y-2 Super bundle, which includes 100 units of the Lemon White color.

Commission Calculation:

• The commission rate for the Yozoo Y-2 Super bundle is 7.3% of the total discounted purchase price of $18,500

• The total cashback commission John earns from this transaction is $1,350, which is 7.3% of $18,500

Sarah, your other referrer, purchased the Yozoo Y-2 Collection bundle, which includes 300 units of the Cream Green color.

Commission Calculation:

• The commission rate for the Yozoo Y-2 Super bundle is 8.1% of the total discounted purchase price of $54,000

• The total cashback commission John earns from this transaction is $4,350, which is 7.3% of $54,000

Your Total Bonus Displayed on the referral page will be

1,350 + 4,350 = $5,700

Referral GN

Referral GN is calculated as 1% of the General GN earned by your valid referrals. For each valid referral who earns General GN, you receive 1% of their earnings as Referral GN. This is automatically added to your Total GN. If you have multiple valid referrals earning General GN, you'd receive 1% of each of their earnings as Referral GN, all contributing to your Total GN.

Example You've earned 20,000 General GN. Then you've invited Alex and Alex becomes a valid referral and succesfully accumulates 10,000 General GN.

So, in this case, you would earn 1% of Alex's 10,000 General GN, which equals 100 GN. This 100 GN is your Referral GN, and your Total GN would be 20,100 GN

Milestone Referral Rewards

Periodic invitation rewards that provide additional GN. Milestones will be configured as bonus task on Mission, such as inviting 1, 10, or 50 people, with corresponding GN rewards for each milestone.