The Wallet Mechanism
Social networks are a great place to connect with friends, meet new people, share and discover things that matter to you. But as fun as that can be, it shouldn't really be all there is to social media services.
There are probably hundreds of apps that let you find and connect with people. And while we believe in building a world where we can connect more and express freely through the power of social apps, we felt more inclined to build a platform where people could earn a living too. So we built Ayocer - The #1 social earners' platform.
Ayocer allows users to make money from the post they share on the platform while also supporting enhanced social networking features and functionalities. It also enables users to make up to $40 monthly from each person they have referred to the platform.
What is Ayocer wallet?
Ayocer is a social network with a wallet system that enables users to make, hold, and transfer money on the platform. The wallet concept enables all users to make easy money on the platform.
In order to give users the opportunity to earn on the platform, some features may require that a user's wallet is active in order to use or access.
As we intensify effort in ensuring that users have an easy way to earn, we do so without sacrificing the social aspect of our title. We made sure that most of the features and functionalities a user would expect to see on a social networking site are not affected by our wallet concept. This, in turn, helps users who may not be interested in the earning part of our title - social earners to still get and enjoy the social part uninterrupted.
We even go further spicing up the platform by providing a social integration feature which allows users to expand their reach. When a user who has linked his/her social account Twitter or Pinterest to Ayocer is followed here, such user is also followed on connected social accounts if the followers as also connected their accounts too. The great part is, this feature is free. Meaning, you can use the feature even when you are not subscribed to a wallet package.
Ayocer is a social earner platform, while some users will stick to the earning part, some other users may stick to the social part, but a really smart user stick to both side. Yes, that's allowed and possible on Ayocer. As a matter of fact, we want users on Ayocer to be able to stick on both sides.
We have a SPA ( starter, premium, and apex ) wallet packages. Some features and functionalities on Ayocer may only work when subscribed to a particular wallet package, so a user may be required to subscribe to the relevant wallet package to access or use such functionalities.
Subscription and package cost
Wallet is given and assigned freely to every user who has signed up for an account on Ayocer. However, while assigning wallet is free, a user still needs to be subscribed to a wallet package in order to use some features of the site. For example, if you were to use the Ayocer Linex which is a link exchange tool designed for bloggers and website owners to promote their site. Such a user needs to be subscribed to either the Apex or Premium wallet plan.
Subscription to a wallet plan expires after 30 days and the user may then choose to renew their subscription or subscribe to another, hopefully, greater wallet plan to unlock even more features of the site and increase their earning opportunities.
- Starter (USD $10)
- Premium (USD $50)
- Apex (USD $100)
Every time a user subscribes to a wallet plan, Ayocer doesn't hold the fund but rather distribute 70% of the activation credit to the user referrer uplines up to the fourth level up. Considering that Ayocer does a great job in building your referral automatically, this is really a great deal!
Must I activate wallet?
Some certain features of the site are only opened and accessible to users that are subscribed to an associated wallet package. More so, when you activate your wallet it enables you to make up to USD $40 monthly when people you have referred on the platform activates their wallet. However, while activating wallet offers a lot of benefits to the users, wallet activation remains completely optional. This means you may continue to use the site without activating your wallet.
A quick introduction to the referral system
Ayocer supports a four levels referral system. You may see these levels of referrals represented as L1, L2, L3, L4 in your wallet dashboard. For example, you would see something like L1 - 40% like in the screenshot below
Although the image above is pretty self-explanatory. But let's try to explain anyway. L, as represented in the wallet, means Level the number following it L1, for instance, means Level 1 People in your wallet L1 represents people that you have directly referred to the site. And L2 denotes people that have been referred by someone or people in your level 1 continues like that till L4. Typically you only need to concern yourself with L1 as that is the place you can impact. L2, L3, and L4 grow naturally.
You would notice that there's a percentage following the number on each level. L1 - 40%, L2 - 15%, L3 - 10%, L4 - 5%. The percentages mean that for this particular level you'll get that percentage of the wallet activation fee from anybody in that line - capped by your active wallet plan.
Explaining it further, let's use L1 as an example. If anyone in your Level 1 referral line activates his/her wallet, you get 40% of the wallet activation fee. Meaning if a user from L1 subscribes to Apex wallet you get $40 on that wallet activation charge. I'm guessing you're already calculating how much that would amount to if you have hundreds of people in you L1 subscribing to different wallet packages. And the fact that wallet needs to be (re)activated monthly, simply means you can be getting that much money on users in your L1 only. Whereas there's also L2 where you get to get 15% on every activation, L3 where you get to get 10% on every activation and L4 where you get to get 5% on every activation.
Note however that you need to be subscribed to a wallet package in order to be able to receive any monetary value from referred persons. Also, the activation fee you receive from a referred person is capped by your active wallet plan pricing.
You have seen from the illustration above that you are supposed to get $40 from every user who activates the Apex wallet in your L1. However, this may not always be true in all cases because of our capping rules.
To explain further, let's say you are currently subscribed to the Premium wallet plan (costing $50) and then someone from your L1 subscribes to Apex. In this case, you would expect to get $40 which is 40% of Apex activation fee, but you would only get $20. This is because referrer earnings are capped by the uplines active wallet plan pricing relative to the subscribing users' activation fee.
Let's run another scenario. Say you are currently actively subscribed to the Apex wallet plan and then someone from your L1 subscribes to a premium wallet plan. In this case, you'll get $20 which is the 40% of activation fee in L1. This is because wallet charge is relative to the subscribing users' wallet activation fee and not the upline currently activated wallet package fee.
In all case, it's good to be subscribed to a higher wallet plan because this in addition to giving you access to even more features on the site, it also enables you to earn more from people you have referred to the site.
We understand the fact that most people really don't love sharing tacky links on the internet just to get people to use a platform so they can get something off of it. We share the same view on this and that's why our platform is also designed to use implicit tracking. This allows the system to track people who visists your page, views your post, photos or video, or sees a comment on something you post when not logged in as having being reffered by you should they decide to create am account on the platform within the next 30 days of visit. See how referral works are done for you automatically.
Getting funds in your wallet
There are four primary ways to get money in your wallet.
- Gifting: When you have an active wallet, people can send you monetary gifts through the stuff you post on Ayocer.
- Topup: You can quickly fund your wallet in just a few seconds. Once your wallet is funded, you can gift people money from their post, generate money token (money link) to be shared with anybody on the internet registered or not registered on the site. You could also directly initiate a fund transfer to anyone on Ayocer right from your wallet dashboard.
- Money transfer: People can transfer funds to you from their own Wallet on Ayocer.
- Money token: People can generate money token for up to $100 from their wallet. Once generated the user is provided with a link which can be shared with any users registered or unregistered. The money contained in the money token is credited to the user who first used the link. Users with an inactive wallet can only claim money token of a maximum of $50.
- Referral earning: We try to provide users with multiple ways to earn on the platform and from those multiple ways is the referral earnings. This is a system that pays you a fixed percentage of a wallet activation fee of a referred person.