How are rewards calculated (split of fees)?

Note: The Strategist sets Crypto Strategy fees for an individual Crypto Strategy. Anytime Crypto Strategy fees are collected they are split between ICONOMI, the Strategist, and the referrer/user according to the Referral program (after VAT).

Fees are collected over the course of each month in crypto. As such, the collected value is subject to market fluctuations, and the paid-out EUR/GBP value at the end of each month may be lower or higher than initially collected.

You earn every time a friend (who has registered using your referral code/link) adds funds/copies any of the Crypto Strategies. Whether you’re a regular user or a Strategist, you will get rewarded with part of the collected Crypto Strategy fees.

• All Crypto Strategy Fees are included in the calculation 

Performance fee, Copying fee, On-boarding fee (add funds to copy a strategy fee), Sell cost (cost of removing funds from copying a Strategy)

Note: Rebalancing - Adjusting-changing the Crypto Strategy structure fee is not included in the calculation.

I. Referral program related split of fees

• Conditions to receive referral based rewards:

- friend/user must register-create a new ICONOMI account based on your referral link
- add funds/copy a Crypto Strategy

• Rewards (split of fees)

1. If you are not a Strategist and you invite friends, and they add funds/copy any Crypto Strategy

- You as a referral get: 50% of fees
- Strategist gets: at least 20% and up to 30% of fees *
- ICONOMI gets: the remainder of the fees

2. If you are a Strategist and

2.1. Invited friends add funds/copy your Crypto Strategy

- You get: up to 80% of fees collected from your Crypto Strategy (at least 20% and up to 30% * as a Strategist and 50% as referral)
- ICONOMI gets: the remainder of the fees

2.2. Invited friends add funds/copy other Crypto Strategies

- You as a referral get: 50% of fees
- Other Strategist gets: at least 20% and up to 30% of fees *
- ICONOMI gets: the remainder of the fees

II. Not referral related split of fees

In a case when a new user joins the platform without invitation (not through referral program) and copies a Crypto Strategy

- Strategist gets: at least 20% and up to 30% of fees *
- ICONOMI gets: the remainder of the fees

* Note:
The Strategist always gets at least 20% of all paid fees.
Then (note: the following applies only to public and verified strategies, not to private strategies): 5% is added on top of that for Strategists who are also content contributors on ICONOMI (engaged with copiers and other users via Posts. Note: at least one post per week is required; the quality of posts is also checked, not only quantity; when posting please also follow Communication mandatory guidelines), and 5% for Verified Strategies. Verified Strategies who are also content contributors will receive the full 30% (20% + 5% + 5%).

For more information, you can read about the ICONOMI Referral program.