Verychat is offering an invite reward of 900 million VERY, or 9% of total issuance, for user growth.
To expand the ecosystem of the Very Network, it is crucial to increase the number of Verychat users. To support this, 9% of the total issuance, or 900 million VERY, has been allocated as an invitation reward. Considering that early invitees contribute more significantly, the invitation rewards decrease progressively based on the number of subscribers. After the 900 million invitation rewards are completely distributed, a portion of the VERY recovered from advertising revenue will be used as additional invitation rewards, although this will be less than 1 VERY per final payout.
To accelerate the increase in Verychat subscribers, any promotional events such as invitation campaigns will deduct from the quantities allocated for the last distribution phase. As a result, the amounts distributed from 50 million subscribers onward could vary or be depleted.