Be present, embrace the future.
It has been 19 months since Bibox officially launched. We have some achievements but also learnt hard lessons. However, we have never given up on the goal of “Unbox the future”. To thank all our users’ continuous support, we are now launching the “Bibox Ambassador” and “City Partner” programs. Bibox looks forward to working together with you as always and creating a brighter future.
In order to reward BIX (Bibox’s native token) holders with exclusive benefits and further promote the autonomous organizational structure of Bibox community, we are now recruiting global Bibox Ambassadors. Welcome all Biboxers to put forward more comments and suggestions and send them to od@bibox.zendesk.com.
1. How to Become a Bibox Ambassador
Hold & lock minimum 5,000 BIX for at least 1 year, then you can become a Bibox Ambassador (“BA”). BA can enjoy various benefits based on the number of referrals.
2. Bibox Ambassador Benefits
(1)Lock-up Rewards. Locked BIX will enjoy a 10% annualized return, which are distributed to BAs on daily basis.
(2)User Referral Rewards. BAs will enjoy additional transaction fee discount (see table 1-1 for details), receive trading commission of friends invited and dividends of BIX locked by friends.
(3)Project Listing Referral Rewards. BAs will have the right to recommend high-quality projects for listing on Bibox and receive rewards according to BA level if the project is listed.
(4)Candies & Airdrops. BAs may receive candy airdrops from the newly listed projects.
(5)Priority Benefits. BAs will be the first to access and experience new Bibox products and will be granted early purchase rights of such products.
(6)Exclusive Identity. BAs will be rewarded with exclusive gifts from Bibox such as customized nameplates and unique gift packs from time to time.
(7)VIP Channel. BAs can be deeply involved with the platform’s development and their feedback and suggestions will be treated with the utmost priority. BAs will be able to interact with Bibox founding team directly. All Bas will also be invited to attend Bibox offline meetings and VIP events.
More benefits for Bibox Ambassadors will be updated.
BA Level | Monthly Valid Invitees (R) | Fee Discount |
Fee Discount (Pay w/ BIX) |
Tier 1 Friends | Tier 2 Friends | ||
Trading Commission | Locking Dividend | Trading Commission | Locking Dividend | ||||
Lv.0 | R≤10 | 10% off | 55% off | 20% | 2% | 5% | 1.0% |
Lv.1 | 10<R≤200 | 20% off | 60% off | 25% | 3% | 6% | 1.5% |
Lv.2 | 200<R≤1000 | 30% off | 65% off | 30% | 5% | 8% | 2.5% |
Lv.3 | R>1000 | 40% off | 70% off | 45% | 6% | 10% | 3.0% |
BAs who lock minimum 500,000 BIX will be eligible to apply for “Bibox City Partners” to get token rewards equal to the locked amount, and at the same time to enjoy even lower transaction fee and higher referral commissions. See table 1-2 for details.
BA Level | Monthly Valid Invitees (R) | Fee Discount |
Fee Discount (Pay w/ BIX) |
Tier 1 Friends | Tier 2 Friends | ||
Trading Commission | Locking Dividend | Trading Commission | Locking Dividend | ||||
Lv.0+ | R≤10 | 28% off | 64% off | 30% | 2% | 6% | 1.0% |
Lv.1+ | 10<R≤200 | 36% off | 68% off | 38% | 3% | 7.2% | 1.5% |
Lv.2+ | 200<R≤1000 | 44% off | 72% off | 45% | 5% | 9.6% | 2.5% |
Lv.3+ | R>1000 | 52% off | 76% off | 60% | 6% | 12% | 3.0% |
Table 1-2
3. Tenure & Termination
Each term of a BA is one year provided that minimum 5,000 BIX are locked throughout the term. BAs will be disqualified if the minimum lock-up volume is not maintained at 5,000 BIX throughout the entire term and they will no longer enjoy additional fee discount and dividends. However, the tier 1 referral trading commission is PERMANENT but the commission rate will be adjusted to 20%. All the benefits will be restored if BAs choose to lock up BIX token and join the program again.
Special Notes
- All BAs who join within the first month after the program is launched will straightaway enjoy lv.2 benefits for 30 days. After one month of the ambassadorship, the BA level will be adjusted according to the number of referrals.
- Referral relationship is PERMANENT. The commission rate will be updated at 8:00 A.M. every day (GMT+8) according to the number of friends invited in the past 30 days.
- Invited friends are valid if they complete at least one of the following: sign up as a new user on Bibox with a valid mobile phone number bound, and/or, pass KYC authentication, and/or make a trade on Bibox.
- Institutional accounts are not eligible for the referral program.
- BIX incentive reward will be adjusted to 10% from the starting week of this new event.
Upgrade Event
- We are planning to create the Bibox Community Matrix and we will invite outstanding Bibox Ambassadors to join the new program. Bibox Community Matrix is coming soon, please stay tuned.
- Users who lock minimum 500,000 BIX can apply for “Bibox City Partner” and receive higher rewards and more privileges.
Thanks for your support on Bibox.
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