1. Introduction to Hashnest
Hashnest, founded in 2013, is one of the earliest companies to provide cloudmining services. Trusted by more than 320,000 users worldwide, we have also established some great partnerships with hardware manufacturers, mining infrastructure and mining pools to bring about the best cloudmining experience to our customers, regardless of they are just getting started or already familiar. We pride ourselves on our speedy and transparent system where customers can safely buy, trade and view their transactions online. Cloud mining is especially suitable for those who want to reap the benefits of mining cryptocurrency but without the hassles and difficulties of managing the hardware themselves.
We have come back with diversified plans and new, improved features for our supporters. We look forward to working with you together down the road to grow our customers base, explore bigger opportunities and unlock more profitable partnership.
2. Who can join us?
We want to reach out and touch new global markets, so we are seeking partners worldwide including those in mining pools, cryptocurrency exchanges, e-wallets, forums, media, distribution, etc… If you are enthusiastic about cloud mining, join us!
3. How to distribute?
Distributor to list Hashnest mining plans on the company website or online platforms. Or share your unique referral code with your clients.
4. Requirements
Company
- The company must have a legal entity in its country of operations.
- The company must provide its business license, comprehensive financial records, proprietor identity proof, company address proof, appropriate taxation registration.
- The company must have online distribution channels.
- The company must be able to receive fiat currency and cryptocurrency as payment forms from customers.
- The company must be reputable and have good relationship with its customers.
- The company must have good understanding in digital marketing and traditional marketing and are able to develop marketing and sales plan for Hashnest products. Hashnest will review the plans and provide support for marketing campaigns.
- The company must appoint a member of its sale team to work Hashnest to build sales. Hashnest of course to provide technical assistance and materials for you! We are offering commission as payment. We will also offer bonus commission when sales target is exceeded!
Personal distributor
- Strong will and passion to create and develop a new market who sympathises with the company mission (Turning encounters into innovation).
- Confident self-starter with excellent networking and persuasion skills.
- Have years of experience of direct and relevant sales in cloud mining industry.
- Users of HashNest preferred.
- Can offer OTC to clients preferred.
5. Commercial Terms
- Hashnest will provide technical assistance required for the online purchase.
- Hashnest will provide a custom page to facilitate distributor’s rebate and order.
- Hashnest will grant the renewal of distribution agreement precedence over new candidates, unless the agreement conditions are not fulfilled.
- Hashnest will offer commission as payment. Hashnest will also offer bonus commission when sales target is exceeded.
- Hashnest will list the distributor as our partner on our website (Only for gold distributors and above)
6. Distributor Tier and Commissions
Method |
Description |
Tier |
Monthly Sales Target |
Commission |
Discount |
Referral code/link
|
Share your unique referral link with your clients and they can enjoy discount. You can get commission automatically only if your clients use your link or referral code on Hashnest website. |
Entry agent |
Settled by actual sales |
Monthly sales <100T, commission of electricity fee 0.001USD/kWH |
5% off original price |
Bronze agent |
Meet and exceed monthly sales target 100T or 2800 USD |
Monthly sales <500T, commission of electricity fee 0.002USD/kWH |
6% off original price |
||
Sliver agent |
Meet and exceed monthly sales target 500T or 13900 USD |
Monthly sales <1000T, commission of electricity fee 0.003USD/kWH |
7% off original price |
||
Gold agent |
Meet and exceed monthly sales target 1000T or 27500 USD |
Monthly sales <10000T, commission of electricity fee 0.004USD/kWH |
8% off original price |
||
Diamond agent |
Meet and exceed monthly sales target 10000T or 269900 USD |
Monthly sales >1000T, commission of electricity fee 0.005USD/kWH |
10% off original price |
||
Procurement service |
Agent purchase from Hashnest and resell. Minimum USD 1000 cash deposit required in case agent oversel
|
Bronze agent |
Purchase 100T /2800 USD or above per order |
Get rebate of electricity fee 0.002USD/kWH if successful resale |
6% off original price |
Gold agent |
Purchase 1000T /27500 USD or above per order |
Get rebate of electricity fee 0.003USD/kWH if successful resale |
8% off original price |
||
Diamond agent |
Purchase 10000T /250000 USD or above per order |
Get rebate of electricity fee 0.005USD/kWH if successful resale |
10% off original price |
||
Remark: |
1. Every territory shall only have a Regional Distributor |
Example:
1. Lucas started referral program from 10 Jan 2020, and sold 10000 BTC55W tokens till 30 Jan 2020. He can get USD 1188 permanent commission per month.
Formula:10000T*55W/1000*0.003USD/KWH*24H*30Day= USD1188
2. TSS company buy 10000 BTC55W tokens and resell to clients in Russia. They can use discounted price to buy these tokens and save 29990 USD. Then they sell 29.99 USD for each token to their customers and make money. Before they sell, the mining profit belong to them. After they sell, they transfer the tokens to their clients, they can get USD 1188 permanent rebate per month.
Token sale: earn 29990 USD
Permanent monthly rebate:10000T*55W/1000*0.003USD/KWH*24H*30Day= USD1188
Mining profit when holding the token/hashrates: 0.3USD/day* days of holding* quantity of tokens
7. Advancing in the Distribution Tier
- If an appointed distributor achieves the monthly sales target for the next tier in two consecutive months, the company will advance into the next tier automatically upon contract renewal.
- Hashnest will adjust the monthly sales target accordingly every six months.
8. Renewal of Distribution Agreement
The distribution agreement term is one year from effective date.
The distribution agreement will be renewed if the distributor fulfils the below conditions:
- The distributor achieves the sales target.
- The distributor abides to all conditions set in the agreement.
9. Your Duties and Responsibility as an appointed distributor
- The distributor must ensure same retail price globally. Bearing in the mind the currency differences, the fluctuation must be kept within +/- 5%
- The distributor and/or its ambassadors must not offer sales promotion without any permission from Hashnest.
- The distributor must report to and communicate with Hashnest regarding its territory’s sales performance and market information.
- The distributor must, no matter the distribution agreement is terminated or not, respect and not misuse intellectual property, trade mark and related rights conferred upon Hashnest’s products and technologies.
- The distributor must strive to uphold Hashnest service standards and must not be engaged in or encourage activities, illegal or not, that will harm Hashnest’s reputation and credibility. Hashnest reserves all rights to file a lawsuit for breach of contract.
10. Retail Prices and Deposits
- To prevent unwanted or unfair competition, the distributor must follow through on their commitment to keep same retail price globally.
- When there are changes to the official retail prices, Hashnest will write to distributors to inform of the changes.
3、A deposit is required to be Hashnest’s distributor. The deposit will be refunded to the distributor upon expiration or termination of the the distribution agreement.
11. Bonus Commission and Penalty
During the agreement term, the distributor shall be awarded with bonus commission when sales target is exceeded.
Hashnest reserves all rights claim for damages and impose penalty in the forms of warning, tier drop, fines, termination without notice if the distributor committed the below undesirable acts, intentional or not:
- Non-adherence to regulations and applicable laws, which ultimately leads to irreversible losses and negative consequences.
- Leakage of confidential customers or Hashnest information.
- Collection of additional fees from customers.
- Spreading of fake news and false information.
- Use of Hashnest’s trade mark or name for unrelated activities.
12. Hashnest’s rights
This is only a recruitment draft and does not represent the distribution agreement. Hashnest reserves all right to change the terms and clauses aforementioned.
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