Network is a smart contract development kit for Dapps that helps launch a referral token program for thousands of community members in one day.
Why are we doing this?
We talked to 100 Dapp teams and realized that almost every one of them has a referral program story in their backlog. Often they are put off because it's not a core product, and it takes a long time to develop and support a service for thousands of users. We decided to create a protocol to help developers save hundreds of hours and increase token sales with $0 marketing budget.
- People are 4 times more likely to buy when referred by a friend – Nielsen
- Customers referred by other customers have a 37% higher customer retention rate – Nielsen
- 58% Gen Zers and 56% Millennials have made a purchase based on a recommendation from a social media influencer or a content creator – SurveyMonkey
How does it work?
- Deploy a main referral smart contract from the Network in your account
- Set up a smart contract referral factory API and share referral links with your community
- Network factory generates smart contract with web-page for sale for every referral. Users buy your tokens using the Network interface
- Referral smart contracts send sales data (token quantity, price, referee commission, buyer and referee wallets) to the main contract, which sells tokens and sends reward to the referral
Token sale page example
Referral program dashboard example
Chains
The Network works with Ethereum-based chains such as Ethereum, BNB Chain, Polygon, Avalanche, etc.
Cases
WeWay token - referral program for the native token of the WeWay ecosystem on BNB Chain. Tokens are sold from a smart contract.