Earn Protocol Rewards on Coinvise

Why Do We Need Protocol Rewards?

The Web3 space is super fast paced and engagement is key for all projects. Protocol Rewards serve as a bridge between community-building efforts and tangible benefits. They help creators monetise their work, incentivise participation, and foster a thriving ecosystem where everyone wins.

So, How Do Protocol Rewards Work?

Coinvise's Protocol Rewards operate on a simple principle: create value, earn rewards. There are two main ways to earn:

1. Creator Rewards: When you create a campaign, you earn 30% of the fees generated from it.
2. Referral Rewards: By referring campaigns using your unique link, you earn 10% of the fees generated.

Your lifetime rewards are tracked on your Coinvise dashboard, split into Creator Rewards and Referral Rewards, with your total balance ready for withdrawal when you choose.

Now, let's walk through how to start earning Protocol Rewards:

Creating a Campaign to Earn Rewards

Start by heading to Coinvise and connecting your wallet. Navigate to the campaign creation page and let your creativity flow. Use Coinvise's no-code tools to set up your campaign. You'll define objectives, choose between token or NFT rewards, and set parameters for participation.

When creating your campaign, think about what actions you want your community to take.

These could be on-chain actions like making transactions or holding tokens, or off-chain actions like social media engagement or content creation. The key is to align these actions with your community's goals and values

Check out the article here to learn how to create a Coinvise Campaign:

Referring Campaigns for Additional Rewards

Don't stop at creating campaigns. Coinvise's referral program offers another avenue for earning rewards. Share your unique referral link with other creators or communities who might benefit from Coinvise's tools. When they create campaigns using your link, you earn a piece of the pie.

Monitoring and Optimising Your Rewards

Use Coinvise's dashboard to keep track of your earnings. You'll see your Creator Rewards and Referral Rewards clearly displayed, along with your total balance. This helps you understand which strategies are working best for you. As you gather data on your campaigns and referrals, use these insights to refine your approach.

Maybe certain types of campaigns resonate more with your community, or perhaps your referral strategy needs tweaking. Continuous optimisation is key to maximising your rewards.

Top Tip - Make use of the leaderboard feature.  It offers a comprehensive view of earnings from campaigns and referrals across the entire platform. It’s a tool for learning and growth. Use it to benchmark your performance, discover new strategies, and connect with other successful creators in the Coinvise ecosystem.

The Secret Sauce: Consistency and Value Creation

Earning significant Protocol Rewards isn't about quick wins. It's about consistently creating value for your community. Focus on:

1. Regular, high-quality content that engages your audience
2. Well-designed campaigns that align with your community's interests
3. Active community management to keep participants engaged
4. Strategic referrals to grow the Coinvise ecosystem

Remember, you're not just earning rewards – you're building an engaged Web3 community. Every campaign you create and every referral you make contributes to a more exciting, thriving ecosystem.

Ready to start earning? Head to Coinvise, create your first campaign, or start referring others. Start your monetised Web3 community now. And who knows, your next campaign might be at the top of the leaderboard.