The launch of the referral system on InLEO has attracted a lot of attention as this is a perfect example of how to create a stream of passive income with your social power in the real world or crypto ecosystem.
When we consider the scope of the integration, it is a win - win case for those who have many like - minded people around them. It is even possible for two friends to earn a ton of LEO with their engagement on InLEO rather than another social media platform.
In the crypto ecosystem, social power can bring you money with little effort. The projects aim to reach as many people as possible so that they can generate revenue and advertise their products for free.
Once referral earnings are active, the airdrops and tier systems are always on behalf of those who can bring new people to the system. As the newcomers and the referrers are rewarded with the native tokens, they naturally become stakeholders of it. As a result, there are new people to talk about the project, new ideas / suggestions coming up and new traders that increase the liquidity and fee earnings.
The social power has always been an unrealized money until the power is wisely utilized. The politicians, talk show programmers, marketing teams, and many other businesses found intelligent ways to maximize thier gainz.
If you, as an individual investor, can comprehend the strategies of the projects you put your money in, the win - win case leverages your earnings in all market conditions. The sustainable revenue model might be the best part of referral systems because once you establish it, the mechanism operates without additional attention.
For influencers, the referral codes might be the best way to build their passive income stream, however, for normal people, it may take long time and passion to grow slowly in time. As long as you are directing your time, money and attention on a right project, you get the returrn in the good day. In our ecosystem, good days come once in 4 years but the mega - bull times create new millionaires in a short time.
So, never underestimate the social power you have in your real life and crypto world. It can be a key to life - changing airdrops, events or stream of passive income for you.
What do you think about the effects of social power in crypto?
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