We're excited to announce Paragraph Referral Rewards - a new way to get rewarded for helping your favourite creators, and Paragraph, grow.
Simply share any Paragraph link with a wallet address (or ENS) in the URL, and get paid with crypto - instantly - whenever users click on your link and take a qualifying action. And, if users sign up to Paragraph as a creator using your URL, you'll get an ongoing reward every single time they monetize.
Think of this as a super-charged, built-in referral program. It's a new way to incentivize readers, curators, and platforms to drive growth to your publication (and get rewarded for doing so).
Background
Referral programs have historically driven significant growth for creators, but the rewards for these programs were often limited to physical goods (e.g. creator merch) or discounted exclusivity (e.g. a free month of paid subscriber access). Additionally, signup and setup on a per-creator basis were required.
Recent innovations in crypto, such as Zora protocol rewards, have introduced a crypto-native layer of incentives to help drive growth. No signup is required to start referring, payouts are immediate and transparent, and smart contracts ensure the underlying referral program never changes.
With Paragraph Referral Rewards, we're combining the best of both worlds: we're incentivizing growth for creators, while using the benefits of crypto to immediately and transparently pay out referrers (with no setup required).
Rewards for helping creators grow
Starting today, every link on Paragraph can be shared with a referrer param in the URL, referencing a wallet address or ENS, eg:
https://paragraph.xyz/@blog?referrer=colinarms.ethWhenever a user clicks on that link and collects a post, the referrer will get a reward immediately sent to their address.
Rewards for helping Paragraph grow
If someone signs up to Paragraph as a creator using that referrer URL, the referrer wallet address is stored on this user's account. Every single time this new creator monetizes on Paragraph, the referrer wallet address receives a reward - indefinitely.
Reward Details & Future Improvements
We've added a 0.000777 ETH fee to all collectible posts in order to reward curators, referrers and creators. This fee is split between the creator of the post, the mint referrer, the creator referrer, and Paragraph.
Right now, the only action that qualifies for a referral reward is a collectible post, but we'll be expanding the qualifying actions in the future to incentivize and help drive even more growth.
We've also added a new 'Share' button to every post. When logged in to your Paragraph account, you can use this button to automatically append your wallet address to the URL:
For reward breakdown specifics, please see this link in our docs. For more information on the program and FAQs, please visit this referral rewards landing page.
We look forward to seeing Paragraph creators grow, and for ensuring readers and curators are rewarded for helping drive this growth.
🤗 https://paragraph.xyz/@blog/referral-rewards?referrer=0xE27Fb80EB6dE874587b533D61DC265Ba168D860c
ayo everyone can see that the contract sent 0.000111 ETH to @ahn.eth 👀 very cool stuff @colin @paragraph ! https://basescan.org/tx/0x60009b66cd6a8a56ae2e435dd3a995915f1c2a723a0f14937e4cb3b65f9bb104
just 10000 more mints on this bad boy and i'll get an entire ETH 🤑
Or a single creator joining Paragraph using your link and getting 10000 mints themself!
🫡
Wow is a pity that this was not available when I shared my farcaster vs lens 😊 I will have to write something worth sharing
Excited to announce Paragraph Referral Rewards! A new program to incentivize growth. Add your wallet/ENS to any Paragraph URL, and get paid when users collect posts. And, if creators sign up to Paragraph using your link, get rewarded - indefinitely - when they monetize. https://paragraph.xyz/@blog/referral-rewards
To see it in action, click this link to collect. A reward fee gets sent to Purple DAO, automatically & instantly: https://paragraph.xyz/@blog/referral-rewards?referrer=0xb55d9d5d5Af1C2B5e1834dcd41306b02e751c411
@launch
You launched! https://www.launchcaster.xyz/p/6530142fa7f8a813910f9f75 Connect your wallet to edit the title and add a Launch NFT 🚀 Remember, anyone with a wallet can upvote. The top 10 launches go in the weekly digest 💌
cc @worm.eth - some Paragraph posts have been top of mint.fun for a while. Could add in a referrer fee to reward yourself for driving mints?
link to smart contract?
factory contracts are here: https://docs.paragraph.xyz/docs/nfts#contracts
Also excited to announce that I invited @colin to discuss the new Referral Rewards program and the design thinking behind it. The full interview releases on Oct. 23 on @paragraph. In the meantime, here’s a little teaser.
epic
Niiice. If you connect wallet, I presume this is auto-populated with share link? Are there also referrals for sharing a specific post / collectible in Paragraph?
1) Yup, the share button auto-populates the wallet address of the logged-in user (see screenshot in the post) 2) Not a specific post but any posts across an entire publication. Eg if I refer you to @blog or any post on @blog, then _any_ posts you collect on @blog will send the reward fee to me
Is there a dashboard for referral information?
will be adding in dashboards soon!
working on this!
@colin do you have a list of deployed addresses somewhere? Mainly looking for the factory address and an example ERC721 address on each chain.