Glossary

Buyer#

Person or contract who wants to buy a digital asset, like and NFT, and receives cashback.

On-chain Referral Tokens#

The referral token minted by the ReferralMarket contract, on request of the Promoter. Stored on chain, contains public data.

Promoter#

Person or contract who sends potential Buyers to the Seller in exchange for commission.

Referrable#

A referrable defines what is being sold, under what conditions. These conditions include commission for the promoter, cashback for the buyer, minting period and promotion period.

Referral page#

A referral page is http link that a promoter typically shares with his audience. Detailed information can be found here.

Minable Referral Tokens#

This referral token is derived from the On-chain Referral Token and minted in the browser or wallet of the Buyer. It is stored off-chain in the Verifier Nodes. This token is encrypted with a weak hash that needs to be mined in order to ensure privacy.

Seller#

Person or contract who wants a Buyer for its digital asset, and is willing to pay commission.

Verifier Nodes#

Primary function of the verifier nodes is to observe the blockchains and trigger conversions to execute.