Very Network Whitepaper
English
English
  • Overview
  • Payment Innovation & Vision
  • Verychat
    • Invite Rewards
    • Mining Rewards
    • Channels Reward
    • Channels
    • Group Chat
    • On-device Ai
    • KYC
  • Tokenomics
    • Distribution
    • Distributing $VERY
    • Ad Rewards & Burning
    • Channel staking
  • Advertising system
    • Main Ad
    • Channel Ads
    • Very AdSence
  • Very Ecosystem
    • Grant policies
    • List of ecosystem dApps
  • Mainnet(Layer1)
    • Node Reward Policy
    • Node-driven(Cloud)
    • Node-driven(macOS)
    • Node-driven(Windows)
  • Fastnet(Layer2)
  • Roadmap
  • Team
  • Disclaimer
  • Linktree
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  • VERY Invite Rewards Policy
  • Invite Reward Level
  1. Verychat

Invite Rewards

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.

VERY Invite Rewards Policy

Min to max of subscribers
Reward VERY
Total Reward VERY

1 ~ 500,000

100

100,000,000

500,001 ~ 2,500,000

50

200,000,000

2,500,001 ~ 6,500,000

25

200,000,000

6,500,001 ~ 14,500,000

12.5

200,000,000

14,500,001 ~ 22,500,000

6.25

100,000,000

22,500,001 ~ 38,500,000

3.125

100,000,000

38,500,001 ~ 70,500,000

1.56

100,000,000

End total issue distribution

Total above 1,000,000,000

70,500,001 ~

TBA

Ad distribution

Invite Reward Level

Min to max of invitees
Level
VERY Boosting

0 User

1

x1

1~5 User

2

x3

6~10 User

3

x4

11~20 User

4

x5

21~30 User

5

x6

31~50 User

6

x7

51~100 User

7

x8

101~200 User

8

x9

201~500 User

9

x10

501~1000 User

10

x11

1001~2000 User

11

x12

2001~3000 User

12

x13

3001~5000 User

13

x14

5001~10000 User

14

x15

10001 User Over

15

x16

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Last updated 13 days ago