Phinge Explains How Its Revenue Model Through Rewards Earned From & Redeemed Through Businesses on Netverse Benefits Its Verified Users, Businesses

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INCLINE VILLAGE, Nev. - nvtip -- Netverse, rewarding the individuals and businesses that help grow it for the benefit of all in it.

Netverse will be the only all-in-one platform that will reward everyone who is a part of it.

Netverse was envisioned and is being created to offer everyone a better, more rewarding platform then the duopoly platforms of today. It will be a verified, safe and rewarding ecosystem where all its users can live, work, play and thrive.

Netverse will not be an App or Super App that resides on the major technology platforms of today. Instead, it will be a standalone, all-in-one platform, accessible only through Phinge's revolutionary mobile hardware and devices.

This will be made possible through its upcoming, patented, Netverse App-less platform and technology. It will reward all individuals and businesses on it, on every purchase, every time for as long as they are on it.

Joining Netverse through verification.

All Netverse users will be verified at the time of signup through Phinge mobile hardware and devices. Once a user is verified, they may then add their business or organization by verifying their ownership in it.

By having a business verified to a verified owner through verified Phinge devices, it will put an end to fraud, phishing schemes, ransomware attacks, identity theft and more. It will add trust to those Netverse businesses for consumers on Netverse.

Introduction To Netverse Rewards.

Users on Netverse always earn rewards every time they buy goods or services from Netverse businesses and platforms. All rewards earned and redeemed on Netverse are always dollar-for-dollar. There are occasions where businesses may choose to enhance the rewards to users to entice sales at slower times of the day or to move overstocked inventory.  They may choose to double your rewards up to a certain dollar amount, say $30 if you dine in their restaurant on a certain day and a certain timeframe.

Businesses can set these offers up manually in real-time or pre-set them through Netverse integrated management tools.

Here is how the rewards are distributed to users, businesses, entities, organizations and charities on Netverse.

Phinge will explain one way the rewards system works in the detailed example below. This example will show how users can earn rewards overtly or even passively, not even knowing at first how they earned them.

A Netverse user(1) is in time square taking a video or broadcasting a livestream of their son. The user(1) can earn rewards from their livestream or anyone on Netverse they allow to see their video.

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Another Netverse user(2) is viewing the video or livestream from San Francisco, California, thousands of miles away, but is planning on traveling to New York City in 5 days. They can pause the video at any time or playback the livestream and can inquire about any business or product in the video, even in the background, as long as that business is on or the product is sold by a platform on Netverse. They simply tap on top of what they are interested in and if it is a business or a platform on Netverse it will light up as a highlight.

For this example, user (2) sees an Italian restaurant in user(1)'s video. This restaurant is a verified Netverse business. (User2) clicks on the building and learns about the restaurant. After looking at the menu, they make a reservation for Friday night, 5 days away.

User(2) arrives at the restaurant, has a wonderful meal and gets their check. For this example, User(2)'s meal was $250,00 excluding tax. User (2) uses $50.00 of their rewards they have previously earned through Netverse. They pay the remaining $200.00 plus tax with their Phinge smartphone or device using Netverse®Pay.

Here is how the rewards are earned and distributed for this example:

User (2) Earns $2.00 (1%) in rebate rewards.

User (1) Earns $2.00 (1%) in referral rewards, even though they had no idea the restaurant was in the background of their video or livestream.

User(3) Earns $2.00 (1%) in referral rewards. They are the Netverse user who referred user(1) to Netverse and that user(1) signed up with using that referral.

User(4) Earns $2.00 as the local Netverse verified charity that user(2) chose as their default charity.

Phinge pays all these rewards to the above users out of the % it receives from businesses on Netverse, in this case, the Italian restaurant.

Unlike the duopoly of today's App stores, Phinge will not charge up to 30%, due to the fact Netverse will have no Apps due to its patented App-less technology. Instead Phinge will charge a much lower commission of 10% from businesses and platforms that sell through Netverse at the time of point-of-sale. Included for that 10%, is a minimum amount of free advertising to promote their goods or services for all businesses and platforms that sell goods or services on Netverse-to-Netverse users. This removes their risk and upfront costs for obtaining those sales. In addition to the free advertising they get, there will be additional ways for them to purchase enhanced advertising.

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Signing up for Netverse through Phinge.

Phinge will start signups through its websites prior to the launch of Netverse. Individuals can start earning rewards prior to Netverse being launched. Below are ways individuals can earn rewards for referring new individuals and businesses to Netverse. All rewards by referring individuals will be saved for them by Phinge. Once Netverse goes live, they can join at any time. Upon joining, all saved up rewards, up to that date will be immediately available for use by them, same-as-cash through businesses or platforms on Netverse, online or at brick-and -mortar locations. They may even use them towards their first Phinge smartphone or mobile device.

Earning rewards for referring individuals and businesses prior to Netverse launch.

Phinge will make the opening of its referral process public prior to launch. It will explain how to obtain, on its websites, unique user referral links for individuals to use to refer family, friends, coworkers, entities and businesses.

Earning rewards for referring individuals and businesses after Netverse launch.

A Netverse user may only refer an individual, business or entity who has not already joined Netverse.

There is no limit to how many individuals a Netverse user can refer. Each individual can receive more than one referral from many people. The individual who receives the multiple referrals decides whose referral they want to accept and sign up to Netverse with, through Phinge.

The chosen referrer gets the referral commissions for that referred user for as long as both of them are a part of Netverse. The referred user can have the option to change the person who referred them once every 365 days.

Described above is one of endless possibilities for verified, users, businesses and platforms to earn and spend rewards through the Netverse platform.

In the example used above and many more that will be possible on Netverse, anyone can become an influencer on Netverse, even those without huge followings.

Netverse will forever change how we all live and work, both online and in our daily lives. It was conceived and is being built to give its users and businesses a safer and verified marketplace.

Phinge will not pick winners and losers and everyone will be on the same level playing field.

We welcome all of you to join with us to grow the community of Netverse

If you would like to know more about how Netverse will give its users and businesses total ownership, control and monetization of their data as well as view upcoming Netverse revolutionary hardware, we invite you to read all the previous press releases including the ones at the bottom of this one.

You may also visit Phinge websites at

https://www.phinge.com

To get on a contact list please fill out the online form here

https://www.phinge.com/netverseai.html

Contact
Phinge Corporation
***@phinge.com


Source: Phinge Corporation
Filed Under: Business, Android, Google, Apple
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