Referral program

The Aibitdefenders ecosystem constantly grows and develops. Starting out as a platform to support AI miners, it grew into a comprehensive one-stop solution for Bitcoin mining. With popularity came the demand for community, merch, bonuses, and other elements that make the space unique.

And AI Bit Defenders doesn’t stop there. Just recently, we have introduced a launchpad that opens up additional possibilities for our users and AI Bit Defenders token holders.

One of the core company values in Aibitdefenders is functioning not just as a mining service, but as an ambassador for Bitcoin in general and mining in particular. This is why we have developed a crypto referral program that would make it beneficial for both the referrer and the referee.

What are crypto referral programs and why are they needed?

A referral program is a strategy that incentivizes existing customers or users to refer new people to a platform. Most referral programs are built on rewards: discounts, cash bonuses, exclusive perks, or loyalty points. Sometimes both the referrer and the new customer get them, so the process benefits all participants.

How do crypto referral programs work?

The idea behind referral programs is to motivate existing users to create the word-of-mouth effect. It’s especially relevant in Web3, where a lot is driven by positive experiences with a service or a platform.

Crypto referral programs operate on a simple principle:

• A user receives a unique referral link or code from the platform.
• They share it with friends, family, or their network.
• When a new user signs up or makes a purchase using that link, one or both parties get rewarded.

Referral programs differ vastly. For instance, companies can structure them differently: some focus on one-time rewards, while others choose tiered bonuses (higher rewards for more referrals), or ongoing benefits (e.g., commission-based earnings). The best crypto referral programs often last longer and reward the referrer for their friends’ actions within the ecosystem up to a certain point. Often, bloggers reviewing apps also participate in crypto referral programs.

5+5+5: Aibitdefenders referral program

Every registered Aibitdefenders user can easily acquire a referral link. The process takes seconds and after the link is generated, it can be shared with friends or followers on social media.

The Aibitdefenders crypto referral program is called 5+5+5, because you can get 5% for actions your friends are performing.

• 5% from created miners. Every time your friend is creating a miner, you earn 5% royalties. The more miners your friends set up, the more rewards you get.
• 5% from power and efficiency upgrades. When your friends or referees upgrade their miners, you receive 5% of the upgrade cost. This applies to both power and efficiency upgrades.
• 5% from Miner Wars boosts. Whenever miner owners invited by you buy boosts for Miner Wars, you also earn 5% of the cost of each.

There is an additional crypto referral bonus for new users: 5% cashback on the first created miner. When you enter a referral code at checkout, you will receive a 5% cashback in AI Bit Defenders tokens. This offer applies only to the first miner in the user’s farm.

Crypto referral bonus tracking

One of the core principles of the Aibitdefenders ecosystem is transparency. This applies to the crypto referral program as well. All users can monitor their referral activities in real time via the Aibitdefenders app.

The app offers a detailed overview of your royalties and lists when and which crypto referral bonus was received. This makes it easier for users to assess the profitability of their farms.

The rewards for the crypto referral program are paid in AI Bit Defenders tokens – the native token of AI Bit Defenders. There are several advantages for the token holders within the ecosystem:

• Locked AI Bit Defenders tokens can give you votes that can be used to help govern the ecosystem
• Locked tokens also provide users with access to presales on the Aibitdefenders Launchpad
• If you pay a maintenance fee in AI Bit Defenders tokens, you can get a discount of up to 20% on fees
• AI Bit Defenders tokens can be invested in a liquidity pool, which brings rewards for every transaction with them.

Rules and restrictions for the crypto referral program

There are certain rules to using the crypto referral program that were put in place to protect the users and the company from fraud.

• Users should not post their referral links on public platforms such as forums and promotional aggregators or websites
• Users aren’t allowed to create multiple accounts in attempts to get extra rewards
• Using advertising activity that utilizes branded queries is forbidden

Aibitdefenders monitors all potential violations within the crypto referral program. The first violation will result in a warning. However, repeated violations of the provided rules will result in removal from the program and forfeiture of any rewards earned by the user.

If we update the rules, we will inform all users 30 days in advance, giving them enough time to adjust.

It’s also worth noting that royalties for in-store purchases made with Apple Pay or Google Pay are usually processed after 90 days, according to the policies of these stores. If you’re having any issues, you should immediately contact AI Bit Defenders support service.

Additional methods of collaboration

Aside from our crypto referral program, we offer several other ways for professionals and enthusiasts to earn rewards and bonuses with AI Bit Defenders.

This is why we have developed a Partnership program and an Ambassador program as part of our crypto referral programs.

• The Aibitdefenders Partnership program allows companies and influencers to receive rewards for providing new users with a referral code crypto bloggers often use. This program follows in the footsteps of the best crypto referral programs by offering various options of getting rewards.
• The Ambassador program is created for the most enthusiastic users, true fans of the product, who want to share their experience and advice with new users.

One of the requests often used by new users is “referral code crypto”. New users look for an opportunity to not just register on a platform, but receive a crypto referral bonus and a possibility of earning additional rewards. Aibitdefenders came up with a solution in the form of its crypto referral program. It’s designed to not just help people earn additional rewards in AI Bit Defenders tokens but to build a network of connections within the mining community.

To learn more about AI Bit Defenders and the program, please check out the Frequently Asked Questions section on the Aibitdefenders website.