We make revenue as a branded affiliate marketer for the deal providers that provide affiliate commission fees. (It varies from 4-25% of purchase price depending

We make revenue as a branded affiliate marketer for the deal providers that provide affiliate commission fees. (It varies from 4-25% of purchase price depending on who our deal provder is) Lets run through a quick example: I have recruited 3 people (1st tier), who as a group have recruited 5 people (2nd tier) ,and these 2nd tier people as a group have recruited 2 people (3rd tier). So there's 10 total people in my rewards network. If a user creates an event around a deal that costs $100 and we're getting for $50. Lets say in this example we get 10% commission from say giltcity so $5 per deal purchased comes to Bettervite. We split our revenue 50% with the user so $2.50 (250 better bucks-betterbucks are redeemable at 500 betterbucks in the form of a cash gift card or paypal) will be allocated to that user. If everybody that this user has recruited decides to attend (10 purchase deals) the event, they pay out structure would be: total revenue = $5 * 10 people = $50 revenue to our users = $25 (always 50%) as that event planner that user would receive (250 better bucks) $25 for convincing his or her friends to buy the deal and attend the event. You only get paid if someone you recruit to bettervite buys a deal. As a branded affiliate marketer we don't interact with the business and leave that up to the deal providers. We believe in total economic transparency. Bettervite is an affiliate consolidator so based on earn outs from the deal providers, consumers and Bettervite reap 50/50 share off the gross profit As we gain Market share and user base earnings and payouts will be higher to better terms offered to our business by various deal providers. We are currently 100% bootstrapped.