Mithril is a decentralized social media platform that rewards all content creators with cryptocurrencies. In the Mithril Ecosystem, Mithril tokens that you've acquired through social mining can be withdrawn or shifted to other cryptocurrencies. Further application of rewards and payments will be available soon. VAULT is the all dimensional cryptocurrency wallet for you to manage Mithril tokens and other digital assets. I executed the new feature “Referral program” for VAULT, helping users to refer their friends to join VAULT and earn rewards.
As one of the promises in our Q4 roadmap, our users looked forward to the referral program, and they showed up their expectation about it throw internet and our meetups feedback. I refer referral program such as Airbnb, Uber, Booking.com, and decided to use referral code instead of referral link because the code system can be used in the future promoted code or redeem code system.
Besides that, in order to prevent opportunist creating lots of accounts to earn the referral rewards, we used that special feature in our VAULT to increase the difficulty. Not only just entering the referral code, but new users also have to stake 100 MITH so that they can complete the referral process and earn 20 MITH rewords.
After the referral program online, Twitter and Facebook got nice feedback, and we also prevent opportunist to use the program to gain profits.
VAULT Referral Program UI