Collect Promo.Club: the brand new way to promote NFT-projects
👋🏻 Happy Monday!
Collect.Social’s team is here with a bunch of good news for our Users!
We’re happy to tell you our project moves forward fast: we’ve recently reached the point of almost 40K accounts tracked for more than 300 collections.
And today we are launching Collect Promo Club and presenting to our Users a new option for earning!
Likewise, the creators benefit by advertising their drops with us too!
Intriguing tidbit of news, isn’t it? We are in pleasant anticipation of this, and can’t wait to shed a light on our release!
Bottom Line. Promo Club — How it works
The Collect Promo Club section acts as an “Advertising Cinema” that rewards users for watching the advertising of new NFT-drops and projects.
🎤Advertisers set up a per-view reward in RACOON coins and launch their ads to be viewed by users in Promo Club.
🎮 Users watch Ads and receive RACOON rewards assigned to a certain Advertisement.
That’s it! Simple and mutually beneficial!
Promo Club Advertising Mechanics
How can Advertisers join?
To become an Advertiser, you should first create an Advertiser’s profile:
- Log in to Collect.Social website with your WAX wallet.
- Go to the Collect Promo Club page.
- Register yourself as an advertiser.
- Wait for an Advertiser’s Whitelist Approval — after that, you will be able to create your first campaign.
- Top up your advertising budget with RACOONs.
How to create an Advertising campaign?
- Click “Create new campaign” in your Ads Manager profile.
- Choose the:
— Campaign period: start date, end date, time.
— Budget: how much are you ready to spend on the whole campaign.
— Reward conditions:
💡Amount of RACOONs paid per 1 view completion.
💡Advertisement view duration.
💡Click the link/button (optional).
💡Cooldown period. - Add media creatives and links for the campaign:
— Available media templates: Video, Image.
— Call to action: link to the drop or other media. - Submit your campaign for approval and wait for our moderation!
How much does it cost?
⚠️Note: The Promo Club platform now works in test mode and all the numbers and mechanics might be subject to change.
To launch a campaign, you need to top up your account with a budget of RACOONs first:
- Some RACOONs you set as a reward per 1 completed view.
- 10% platform advertising fee will also be deducted from the budget you add to your profile.
Note: you can buy RACOONs on Alcor Exchange.
The campaign will stop when there is an insufficient budget or if the campaign period is over — it depends on what condition comes first.
How to get in 1st place with my advertisement?
The rotation of advertisements works like an auction system:
the campaign/advertisement with the highest reward rate will be shown in the 1st place.
Cost calculation example
For example, you create a campaign with the following parameters:
⏰ Duration: 3 days = 72 hours.
💰 Reward per completed view: 50 RACOONs.
💸 Budget: unlimited (for illustrative purposes).
During the campaign period, you receive 420 views.
The total campaign cost will be:
Reward budget: 420 x 50 = 21 000 RACOONs.
RACOON MINIMUM PAYMENT per view:
10 RACOONs.
Other details
1 user = 1 ad = 1 view during a cool-down period.
One unique user can watch one unique advertisement only one time to get a reward before the cooldown.
For special cases, Promo Club Advertisers have a chance to receive additional exposure in Collect’s Social Media channels.
What happens to RACOONs?
RACOON fee payments for budget top-up will be:
- 50% Burned
- 50% transferred to Staking activities reward pools.
Reward payments will be transferred to users (ad watchers).
Whom do we launch the Promo Club with?
On June 29th, we conducted a raffle amid those Creators who filed for the submission process on Collect.
Colloquially, every applicant had a dibs on early access to Promo Club submission.
And here we all are! Evergreen ads with fresh up-to-date content for acknowledging plus earning from it!
Zooming Out. We hope you’ve successfully survived a collision with this informative boon of the current frame.
Keep us in mind next time you want to promote your project or leverage the ads watching.
