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      • 📚Urban Dictionary
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  • Features & Guides
    • Soya Acount
      • âš¡Guide: Connect Your Wallet
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      • âš¡Guide: Listing for a Fixed Price
      • âš¡Guide: Listing in Auction
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    • Purchasing an NFT
      • âš¡Guide: Buy for a Fixed Price
      • âš¡Guide: Bid in an Auction
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      • âš¡Guide: Make an Offer
      • âš¡Guide: Accept/Decline an Offer
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      • âš¡Guide: Send an NFT
      • âš¡Guide: Receive an NFT
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  • How it works
  • BEAN points
  1. Features & Guides

Referral System

How it works

The Referral System on the Soya Marketplace allows users to earn rewards by inviting new users to the platform. Here's how it works:

  • A referred user can create a Soya ID by using a referral code provided by another user.

  • The referral is considered successful when the referred user makes their first transaction on the platform.

  • In order to create a referral link or have their referral code displayed, the referrer must own at least 50 BEAN or any Alphabet NFT.

  • Once the referred user collects 100 BEAN, both the referrer and the referred user will each receive 10 BEAN as a reward.

  • A referrer can earn a maximum of 10 times per day, which is approximately 100 BEAN.

BEAN points

BEAN is the off-chain point rewarded for completing missions on the Soya Marketplace. They can be redeemed for NFTs which will provide additional values. Users can spend BEAN in the following way:

  • Spend 50 BEAN to receive a 1 SOYA NFT

  • Burn 100 SOYA NFTs to receive 1 SOYA Master NFT

  • Stake SOYA Master NFT and receive a share from the platform's revenue

  • Spend 500 BEAN to receive 1 SOYA Avatar NFT

  • Spend 200 BEAN to receive 1 SOYA Milk Bottle NFT

  • Burn 10 SOYA Milk Bottle NFTs to receive a Mystery Box featuring a random NFT or tokens funded by the development team

In summary, the Referral System on the Soya Marketplace allows users to earn rewards by inviting new users to the platform, while the BEAN currency can be earned through completing missions on the platform and can be used to redeem Soya NFTs.

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Last updated 2 years ago