Storyfuel
Affiliate
Affiliate
Each creator can pay it forward to community members though an Affiliate system. The creator powering the hive would design and integrate the affiliate according to their rules. The core of the system is that the creator can award already issued StoryFuel manually or automatically for the expansion of the hive.
This is a creator centric affiliate program with no platform or white label affiliate solution in the middle they're plugging into, everything is happening within the hive itself.
The Affiliate Marketing Industry is set to grow to approximately $15.7 Billion by 2024, with 10,000 firms offering or specializing in Affiliate Marketing services. One of the major challenges is affiliate fraud. By offering a transparent, distributed affiliate market without central control we have creators being able to manage the offer themselves, addressing and reducing fraud and attack vectors.
With the right design, implementation and incentives attracting large amount of users relatively cheaply can become possible because the pay it forward/affiliate model can operate on a local trust model with global scale and efficiency.
Each hive can set up their own affiliate network. StoryFuel can be earned automatically for certain activity within a hive and for expanding the hive e.g. 10 units for a referral. The creator has full control. Through distributed governance the reward mechanisms and amounts might change.
Other hives can make permissionless, pull based, offers to hive members based on their contributions to other hives as a viral accelerator of growth.