Meta Ruffy announced a new referral program today for their NFT marketplace, LooBr.
LooBr users will now be able to earn a passive income by referring new customers. They can use custom links and shareable content.
The program works similarly to most modern affiliate platforms. Users who sign up are given a unique link that can be shared with others. Anyone who uses that link can earn commissions when their referees create an account and purchase NFTs.
LooBr’s new referral program also uses a dashboard to help affiliates keep track of their progress. That dashboard includes:
- Total Rewards
- Referrals Volume Traded
- Available to Redeem
- Total Redeemed
Affiliates can redeem their rewards once they reach the minimum threshold of $100. Meta Ruffy’s CEO announced via Telegram that affiliates will have unlimited earnings potential; there is no commission cap.
The beta version of the affiliate program will roll out to a selected number of people on a first come, first serve basis, although the actual number has not yet been determined. They plan to maintain an active beta program for approximately two weeks before closing it ahead of the final release.
LooBr Affiliates Fees Breakdown
The Telegram announcement also discussed how LooBr affiliate fees will be distributed.
Right now, LooBr charges a 2% fee marketplace for each NFT sale. Half of that goes to buy and burn Meta Ruffy Tokens. The other 1% will be distributed to affiliates.
The actual commission percentage will depend on the affiliate’s referral level. Obviously, more sales will boost the referral level. Higher levels mean a higher commission percentage. However, Meta Ruffy promises higher commissions temporarily for beta affiliates.
Getting Started with LooBr’s Affiliate Program
As of this writing, anyone with a Loobr account is eligible to participate in the affiliate program. That may change as more users sign up. You can get started at LooBr.com.
Once you’ve created an account, just click your profile picture in the upper right, then click “Affiliate.”
The affiliate page also includes short videos promoting LooBr at the bottom. Affiliates can also automatically earn commissions by sharing these videos on social media. The videos typically resemble the one to the right.