D-commerce Pioneer Reward: Get 50% of purchase price of any item as a BOSON reward
On November 3 we are launching Boson Protocol v2, the commerce layer for Web3 that anyone can use and everyone can trust. To demonstrate its capabilities, a fully decentralized marketplace dApp built on Boson Protocol v2 is also launching, where buyers and sellers can transact trustlessly, using only their wallets.
To celebrate the launch, we are running a token incentive program for a limited time that allows anyone who buys any product on the Boson dApp to receive half the price of their purchase back in $BOSON tokens, upon completion of a successful transaction.
With fashion from some of the coolest names in Web3 and beautiful, exclusive jewellery from cutting-edge designers, we don’t think you’ll need an incentive to participate. However, as Chris Dixon outlines in “Why Web3 Matters”, tokens give web3 protocols a unique capability to solve the platform bootstrapping problem, and this is the mechanism we are leveraging here.
So, if you spend 1 ETH, you’ll get 0.5 ETH back in BOSON, and the same for all the other tokens that are available as payment options in the dApp.
Criteria: Redeem a Boson rNFT for a physical product
Reward: Receive 50% of the product purchase price value in $BOSON tokens
- To be eligible for the reward the Boson rNFT has to be redeemed within the duration of the program.
- Only Happy-path exchanges are eligible for the reward. This means that only non-dispute exchanges without returns are eligible.
- Rewards are payed out monthly, to be included your exchange must have been completed and the return period has passed.
- Only exchanges which leverage Redeemeum as the dispute resolver are the Boson dApp are eligible.
- There will be a snapshot of the exchange rate of $BOSON to other currencies at the beginning of each month (i.e. the closing rate of the first day of the month on CoinMarketCap). This snapshot will be used to calculate the 50% purchase price value in $BOSON. Exchange rates for the month of November are the exchange rates at the launch date:
- $BOSON/ETH: 0.0001874312342
- $BOSON/MATIC: 0.3006020345
- $BOSON/USDT: 0.2896
- $BOSON/USDC: 0.2896
How does it work?
The reward will be paid out to anyone who successfully redeems a redeemable NFT on the dApp. This means that the purchase must be finalized with no disputes arising within the dispute period.
In simple terms, this means that if you commit to purchase a redeemable NFT (rNFT) on the Boson dApp and then redeem it for the physical product and not raise a dispute, you will receive the reward. If, however, you sell the rNFT on an open marketplace such as OpenSea or otherwise transfer it to someone else, they will receive the reward after they have successfully redeemed it for the item.
Note: the purchase price used to calculate the reward is the price originally paid by the first buyer who purchased an rNFT, not the price paid for the rNFT on the secondary marketplace.
Tokens accepted on the Boson dApp at initial launch are MATIC, USDC, ETH, BOSON, USDT. For MATIC, USDC, ETH and USDT purchases, please refer to the above exchange rate to BOSON for the month of November.
As a buyer, you do not need to claim or do anything else. By purchasing and redeeming an rNFT within the duration of the program, you agree to the Terms and Conditions of this program and the Legal Notice below and acknolwedge that you have read and understood both. Rewards will be payed out monthly to the wallets with exchanges that have been finalized without a dispute and the return period has passed .
Important Legal Notice
The v2 Buyer Incentive Program (“the Program”) is a discretionary program. It is not a competition. We retain the right to cancel or modify the terms of the program at any time, in our sole discretion.
We are not able to issue any rewards to persons who are on any sanction lists maintained by the United Nations, Singapore, the EU, UK or the US or who are in a jurisdiction sanctioned by the same. The payment of rewards to you shall not render you our employee, worker, agent or partner or imply a similar relationship. We make no representation regarding any tax obligations (“Tax”) arising out of or connected to your participation, including the receipt of any rewards, and at no time shall we be liable for payment of the same. You are responsible for all Tax payable in connection therewith.
By entering into this Program, you warrant that you are of legal age and that you will comply with any laws applicable to you and not engage in any illegal activities. Any conduct by you that appears to be unlawful, malicious, or criminal in nature will immediately disqualify you from participation.
None of the information available, or made otherwise available to you in relation to its use, constitutes any legal, tax, financial or other advice. Where in doubt as to the action you should take, please consult your own legal, financial, tax or other professional advisors.