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Bag.winBag.winby0xEA5Fed1D0141F14DE11249577921b08783d6A3600xEA5F…A360

The Platinum Club

Voting ended about 1 year agoSucceeded

Background

BAG has established itself as a pioneering force in the decentralized casino market, constantly seeking innovative ways to engage and empower its community. The inception of BAG as a DAO (Decentralized Autonomous Organization) set a new standard for community-driven development and governance in the online gaming industry. This commitment to decentralization has enabled BAG.win to be shaped and grown by its community of token holders.

However, as the platform evolves and the competitive landscape of decentralized casinos intensifies, there is a need to further enhance the mechanisms through which BAG engages with and incentivizes its community. The current affiliate program has proven effective but requires enhancements to better reward affiliates for their contributions to platform growth and to scale user acquisition more aggressively.

The proposed Platinum Affiliate Program aims to introduce a more dynamic and rewarding system. By revising the current structure to include multi-level revenue sharing and more defined progression tiers, we can significantly increase the incentive for current and potential affiliates to engage more deeply with the platform. Furthermore, the introduction of strategic roles such as the Platinum Manager will enable BAG.win to leverage influential networks more effectively, tapping into new user bases and fostering a stronger community connection.

Proposal

We propose a comprehensive enhancement to the existing affiliate program with a structured tier system known as the Platinum Affiliate Club. This system is designed to incentivize affiliates through a tiered revenue share model that rewards both the recruitment of active players and the total wagering volume generated by those players. Additionally, affiliates have the option to accelerate their progression through the purchase of BAG tokens.

Level Revenue Share % Total Wagering Volume Active Players Buy Your Way (BAG Tokens)
Bronze 20% $0 0 0
Silver 25% $5,000 5 50,000 BAG
Gold 30% $20,000 10 250,000 BAG
Ruby 35% $50,000 15 1,000,000 BAG
Emerald 40% $100,000 20 2,500,000 BAG
Sapphire 45% $250,000 25 5,000,000 BAG
Diamond 50% $500,000 30 15,000,000 BAG
VIP 55% $1,000,000 40 25,000,000 BAG
Royal 60% $2,000,000 50 50,000,000 BAG
Platinum 65% $5,000,000 60 100,000,000 BAG

Multi-Level Revenue Sharing and Platinum Manager Role

Multi-Level Revenue Sharing: Affiliates benefit from a multi-level revenue sharing mechanism, allowing them to collect 5% of the profits generated by players referred by their direct recruits. This incentive extends to subsequent layers of referred users, maximizing earning potential across the network.

Platinum Manager Role: Open to all applicants, this role is crucial for integrating significant affiliates into the system. Platinum Managers focus on customizing casino experiences for major partners and are rewarded with 10% of the profits from the players their recruits bring in. The openness of this role encourages a broad range of participants to contribute significantly to the platform’s growth.

Incentives and Strategic Adjustments

Verification Incentives: As part of our strategy to streamline user acquisition, a new rule awards $5 in bonus USDT for personal account verification and an additional $5 in cash when a referral completes verification. This straightforward incentive is designed to show how easy it is to earn within the affiliate program while maintaining low acquisition costs for the casino.

Discretionary Adjustments: The team retains the flexibility to adjust incentive amounts and manually set revenue shares for specific affiliates, such as strategic partners, ensuring that the affiliate program adapts to market needs and strategic goals effectively.

Rationale

The proposed enhancements to the Platinum Affiliate Program are designed to boost community engagement and expand user acquisition effectively. By introducing a tiered reward system and the Platinum Manager role, BAG.win aims to incentivize deeper involvement from its community, driving both growth and sustainability. These changes will help maintain BAG.win's competitive edge in the decentralized casino market, aligning with our core values of decentralization and empowerment.

Off-Chain Vote

For
122.9M BAG100%
Against
0 BAG0%
Abstain
0 BAG0%
Quorum:154%
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Timeline

Dec 13, 2024Proposal created
Dec 13, 2024Proposal vote started
Dec 16, 2024Proposal vote ended
Dec 16, 2024Proposal updated