Part 2: How Metalback benefits referrers and partners

The Metalback program offers our community a new way to earn up to 10% back – paid in physical gold – on their everyday spending at thousands of leading brands globally, such as Levi’s, Samsung, Lacoste, Tiffany’s, Apple, Ray-Ban and more.

As we explained in Part 1, the Metalback program benefits the entire Kinesis community. Kinesis matches all Metalback earned by our community with an equal contribution to the Master Fee Pool. This contribution – reaching up to 10% of the purchase value – is then distributed among our community as yields.

Note: Please make sure you accept cookies on Kinesis and your chosen retailer to enable for accurate tracking and verification of your Metalback purchases.

By contributing significantly to the fee pool, Metalback creates a unique opportunity for both Kinesis referrers and partners to supercharge their earnings. 

With the Referrer’s Yield, all Kinesis users can invite friends & family to Kinesis and earn a 7.5% share of their transaction fees, paid out in gold at the end of each month.

For our official Kinesis Partners, the potential for earning gold is even greater, allowing partners to onboard entire networks or businesses to Kinesis and earn up to 25% of all their transaction fees. Metalback offers an enormous incentive for partners to introduce everyone across the precious metals, crypto and payment services space.

If you’re interested in applying to become a Kinesis Partner, you can find the requirements here.

Through each of these programs, everyone across the Kinesis community can earn each time their referees make a Metalback purchase. Considering the fee pool contribution of Metalback is much higher than other volume drivers within the Kinesis Monetary System – up to 10% of the purchase value – the opportunity for earnings is unique.

Earn greater rewards with your network

The Metalback results in greater contributions to the yield pool (as high as 10%) rather than basis points, making for a highly impactful program set to drive higher earnings for referrers and Partners.

Every time your referrals use Metalback, you can earn the Referrer’s Yield or Partner’s Yield on a much higher percentage (1-10%) of their transaction, than a regular trade execution on the Kinesis Exchange (0.22).

How Metalback benefits referrers

Referrers earn a 7.5% share of the contribution for each of their referees, further bolstering the potential earnings for individuals inviting new users to the Kinesis platform.  

For example, if a user spends $1000 and earns 10% Metalback (which is $100 worth of gold) on their purchase, Kinesis will contribute another $100 in gold to the Master Fee Pool.

From this $100 contribution, a Kinesis referrer would receive a 7.5% share $7.5. 

Moreover, Kinesis anticipates a high volume of Metalback transactions as the program is not only for precious metals enthusiasts but also retail customers.

Through the Metalback program, Kinesis creates the opportunity to integrate gold earnings into everyday transactions and routine, ongoing payments for users worldwide, regardless of their backgrounds and needs.

How Metalback benefits Partners

For Partners, the potential earnings on the contribution to the yield pool are as high as 25% – depending on the respective partner tier.

For example, if 100 users each spend $1000 and earn 10% Metalback (which is $100 worth of gold) on their purchases, Kinesis will contribute another $100 per user in gold to the Master Fee Pool.

From this $10,000 total contribution, a Kinesis Partner would receive up to 25% share, which amounts to up to $2,500.

This example highlights how Metalback presents an unapparelled revenue-generating opportunity for Kinesis partners, providing a strong incentive for them to actively promote the new offering.

Additionally, the benefit to the yield pool is paramount, poised to increase the system’s velocity and boost the overall contribution to the total yields for everyone across the entire Kinesis Monetary System. 

A rewards program for everyone

The potential for Metalback to significantly impact referrer and partner earnings is clear – one only strengthened by the accessibility of the program.

With Metalback available across regions such as the US, the UK, Europe, Asia and Australia, the program is available on a global scale. Importantly, with no restrictions on how users make their purchases – whether in gold, silver or using their regular bank card – the Metalback program has mainstream retail appeal. 

We invite Kinesis users to get their friends, family and networks fired up about the Metalback program – and, in turn, benefit from the yields they will generate.

Stay tuned for Part 3, where we will cover the future vision for the Metalback program and Kinesis’ plans to further connect users with merchants accepting gold and silver payments.

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