Imagine earning rewards for your creativity or through sharing and networking in the NFT space. With Freee's new Protocol Rewards feature, this is now possible! Creators who create NFTs and referrers who share them can automatically earn a share of the mint fee (also known as Freee's platform fee) paid by collectors. This sustainable model not only values your artistic contributions and helps you grow passive income through sharing.

In this article, we will walk you through

• What are Protocol Rewards?

• Types of Rewards

• Rewards Breakdown

• How to earn Creator Rewards with free mints?

• How to earn Mint Referral Rewards?

• How to earn Create Referral Rewards?

• How do I claim my rewards?

In shorts, Protocol Rewards is a split of the Freee’s platform fee allowing:

1. Creators to monetise their work.

2. Referrers to earn from NFT mints and creations they promote.

Now for every successful mint, take Base Network as an example, the Freee’s protocol will allocate 0.0001 ETH mint fee to creators, referrers, and the platform to incentivise every party contribution.

There are 3 type of rewards distributed:

A creator reward is earned by a creator after someone mint NFTs he/she created on Freee. Note that it require the price of NFT set to 0, which means that it's a Free Mint for creator to earn this reward.

A create referral reward is earned on each mint by those who have referred creator to Freee.xyz. Whenever NFT created by the invited creator, referrer will get paid.

A mint referral reward is earned by a user when someone mints NFTs on Freee.xyz that he/she share via dedicated link. Other than that, this reward also goes to user/client who embed the mint interface on their app/website.

Check below for protocol rewards breakdown of Freee’s mint fee and how it is split among creators, referrer, and the platform, Freee. Example below will be using platform fee on Base chain for breakdown, which is 0.0001 ETH.

Breakdown for Free Mint (when mint price set to 0):

• Creator: 40% of the platform fee (0.00004 ETH)

• Creator Referrer: 10% of the platform fee (0.00001 ETH)

• Mint Referrer: 20% of the platform fee (0.00002 ETH)

• Freee Fee: 30% of the platform fee (0.00003 ETH)

Breakdown for Paid Mint (when mint price isn't set to 0):

• Creator: 0% of the platform fee (Entitled to all Paid Mint fees)

• Creator Referrer: 10% of the platform fee (0.00001 ETH)

• Mint Referrer: 30% of the platform fee (0.00003 ETH)

• Freee Fee: 60% of the platform fee (0.00006 ETH)

Note: when Creator Referrer or Mint Referrer doesn't exist, the reward will be attribute as Freee Fee.

We recognised creators contribution to the platform therefore we want creators to get rewarded while creating on Freee.xyz. With new Protocol Rewards, you are entitled for platform fee sharing of every successful mint of your NFT. This platform fee sharing come with prerequisites below:

• The price of your NFT must be 0, which means that it's a Free Mint

• Currently, Freee.xyz ONLY support protocol rewards on Multi-edition type NFT

Head to Freee.xyz, create a Multi-Edition NFT to start earning creator rewards. Creator reward is credited automatically to your account after every successful mint.

Note: Protocol rewards ONLY available on Base chain and Bitlayer chain at the time of writing. Protocol rewards support on other chains will be roll out soon.

Mint Referral Reward is intended to incentivise individuals who discover and promote a NFT mint page - whether through social media like X (Twitter), Discord, or other platforms. You get paid automatically when mint come through. Check out how you can get “reward-enabled” link and embeddable code below:

On the mint page you want to share, find the Share button below the title, click on it to display the following pop-up.

You can click on either social media icons like X (Twitter), Discord or Whatsapp to share out the link. Alternatively, copy the link below and share it where ever you want.

Select the code option on share dialog (</>) to bring up the following embed code pop-out. By pasting this code (embed) into your web page, it will display the mint modal on your personal website. When mint go through, you will get the reward automatically.

[Coming soon] Create referral page will be release in near future.

Claiming rewards on Freee.xyz is easy, follow step below and you will get your rewards claimed in no time.

1. Go to Freee.xyz and connect your wallet.

2. Click on your Profile Picture on top right corner and you may find your earned rewards in the dropdown.

3. Click on the Claim button and complete the withdrawal transaction with your wallet.

Stay Connected!

Keep up with the latest updates about Freee.xyz, follow @Freeexyz on X for latest product updates, follow @FreeeMints on X for latest NFT release.

For a more interactive experience and to connect with like-minded enthusiasts, join Freee Discord community. We’d love to see you there!