Breakdown of the Alogorithm
The Xakpot Word of Mouth Marketing Program for distributor recruitment seems to have a comprehensive distribution algorithm from the $100 registration amount. Here's a breakdown of the algorithm:
Total Distribution Amount:
The entire $100 registration amount is allocated for distribution within the program.
Direct Referral Incentives (10%):
Distributors earn 10% of the registration amount for each direct referral they bring into the program. This provides an immediate incentive for recruiting new distributors.
Matching Incentives (16%):
Distributors receive matching incentives, which are likely tied to the performance of their direct referrals.
The matching incentive is set at 16%, rewarding distributors for the achievements of the distributors they have directly referred. This distribution algorithm emphasizes both direct recruitment and the success of the recruited distributors. The matching incentives encourage distributors to support and mentor their direct referrals, fostering a collaborative environment. Here's a simple breakdown:
Direct Referral Incentives: 10% of $100 per direct referral.
Matching Incentives: 16% of the total registration amount, linked to the achievements of direct referrals. This approach provides a structured and incentivized system to encourage distributor recruitment and support. It aligns the interests of existing distributors with the growth and success of the overall Xakpot Word of program.
In addition to player participation, Xakpot extends its reach through retailers and distributors. Retailers purchase stock comprising the entire range of lottery numbers that appear on players' dashboards based on GPS locations. Players have the opportunity to buy tickets from these retailers, with a chance to win eight times their invested amount if their selected numbers qualify.
Distributors play a pivotal role in the Xakpot ecosystem, with a $100 registration amount earning them Xak tokens. The intricate distribution algorithm allocates 10% for direct referral incentives and 16% for matching incentives, creating a dynamic network where success is collectively celebrated. Xakpot's decentralized approach, coupled with engaging features, positions it as a trailblazer in the world of decentralized lotteries.
Last updated