@4 Another way to monetize the referral system is to sell …
@4 Another way to monetize the referral system is to sell unique invite codes, rather than # of invites.
For example, inv/swimtrunks
And you could charge a lot more, say $5 each, or tiered allow bulk pricing -- buy 5 unique codes and then use them.
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I realize this changes the incentive model you've setup, but frankly I am less interested in earning $0.10 using a random code and would rather pay $10 to purchase a unique code