Burn50 - ELI5 (Explain Like I am 5 years old)
I am sure everybody has friends, why not leverage them to gain money for life?
Invite your friend to Burn50, he/she is your lifetime connection now on the blockchain. Every withdrawal he does on Burn50, you receive royalty!!
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You don't have any friends who can invite you?
- No problem, you can join the program without an invitation!
- But who wants to miss-out on the bonus received when joined via an invite??
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So, how does your Burn50 balance grow??
- Everytime you invite a new friend, he/she receives a bonus from the pool!
- When he initiates his withdrawal, you receive your Burn50 royalty (which is equal to the amount that he initiate the withdrawal for)!
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I know you are thinking - Who is funding the pool?
- It is them who joined Burn50 without an invite!
- The pool becomes their lifetime connection!
- Every withdrawal they do, they are paying their royalties to the pool!!
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Best Practices -
- Always look for friends who can invite you to Burn50!
- Initiate withdrawal immediately post joining to secure your bonus!.
- Keep an eye on the Invitee Bonus as it grows, to invite someone who can grab it!