Paragraph

Paragraph Referral Rewards

Get paid in crypto for helping your favourite creators grow.

Colin Armstrong

Colin Armstrong

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).

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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.eth

Whenever 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:

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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.

Collect this post as an NFT.

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Over 2.5k subscribers

justin.ahn.ethFarcaster
justin.ahn.eth
Commented 1 year ago
artlu 🎩Farcaster
artlu 🎩
Commented 1 year ago

ayo everyone can see that the contract sent 0.000111 ETH to @ahn.eth 👀 very cool stuff @colin @paragraph ! https://basescan.org/tx/0x60009b66cd6a8a56ae2e435dd3a995915f1c2a723a0f14937e4cb3b65f9bb104

justin.ahn.ethFarcaster
justin.ahn.eth
Commented 1 year ago

just 10000 more mints on this bad boy and i'll get an entire ETH 🤑

ColinFarcaster
Colin
Commented 1 year ago

Or a single creator joining Paragraph using your link and getting 10000 mints themself!

ColinFarcaster
Colin
Commented 1 year ago

🫡

Daniel LombrañaFarcaster
Daniel Lombraña
Commented 1 year ago

Wow is a pity that this was not available when I shared my farcaster vs lens 😊 I will have to write something worth sharing

ColinFarcaster
Colin
Commented 1 year ago

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

ColinFarcaster
Colin
Commented 1 year ago

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

ColinFarcaster
Colin
Commented 1 year ago

@launch

LaunchcasterFarcaster
Launchcaster
Commented 1 year ago

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 💌

ColinFarcaster
Colin
Commented 1 year ago

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?

🪱Farcaster
🪱
Commented 1 year ago

link to smart contract?

ColinFarcaster
Colin
Commented 1 year ago
Lawson.fmFarcaster
Lawson.fm
Commented 1 year ago

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?

ColinFarcaster
Colin
Commented 1 year ago

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

Danica SwansonFarcaster
Danica Swanson
Commented 1 year ago

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.

jesse.base.eth 🔵Farcaster
jesse.base.eth 🔵
Commented 1 year ago

epic

MetaEnd🎩Farcaster
MetaEnd🎩
Commented 1 year ago

Is there a dashboard for referral information?

ColinFarcaster
Colin
Commented 1 year ago

will be adding in dashboards soon!

0xRobFarcaster
0xRob
Commented 1 year ago

working on this!

0xRobFarcaster
0xRob
Commented 1 year ago

@colin do you have a list of deployed addresses somewhere? Mainly looking for the factory address and an example ERC721 address on each chain.

Paragraph Referral Rewards