KOK Play has a rewards and referral structure that provides an APY of 48 percent on funds staked/mined on its platform. To better understand this reward and referral structure, read on!
To be eligible for APY investment rewards, you must:
- Create a KOK PLAY account
- Stake a minimum of $300 (This money can be withdrawn at any time. Fees occur at the time of withdrawal based on how long the money has been staked in the platform.)
NOTE: The KOK PLAY account registration process can be a little confusing. For help with registration, read this guide.
KOK PLAY APY Structure
How much interest can I earn by mining / staking KOK coins?
| Amount Deposited | Interest Collected Per Month | APY (Annual Percentage Yield) | Money Made Per Month | Compounding Schedule |
|---|---|---|---|---|
| $0.01 to $299.99 | 0% | 0% | None | None |
| $300.00 to $1,499.99 | 4% | 48% | $9.00 to $59.99 | Compounded and Paid Interest Daily |
| $1,500 to $9,999.99 | 4% | 48% | $60.00 to $399.99 | Compounded and Paid Interest Daily |
| $10,000+ | 4% | 48% | $400+ | Compounded and Paid Interest Daily |
Is there a limit to the APY returns?
Yes, when the entire amount of passive, frontier, and level compensation reaches 200 percent of the principal amount, all interest payments stop. To continue mining, you must add more money to the original principal.
EXAMPLE: If you originally invested $3,000 into KOK PLAY, the maximum amount of profit you can make through the KOK PLAY platform would be $6,000. So, if you were to pull everything out of the platform once you reach your cap, you would receive your initial $3,000 investment + the earned $6,000 which would be a total of $9,000. If you want to increase your cap, simply invest more money.
You get double (2x) your investment amount added to your profit cap for every amount you invest. That is why it is a good idea to restake your mining rewards on a daily basis. When you restake, your profit cap increases, and you earn more mining rewards because your amount invested (principal) increases.
When do the KOK PLAY interest payouts stop?
According to the KOK PLAY whitepaper, it will take about four years before all circulation of KOK PLAY has been released from the company’s holding supply. Once the supply has been released, APY returns (mining rewards) are set to stop. However, it is likely that the KOK Foundation will amend the whitepaper to follow a model that is similar to Cardano’s approach. Meaning, once KOK PLAY’s full supply is in circulation, mining profit will continue but the APY returns will be lowered.
KOK PLAY Referral Structure
The referral structure within KOK PLAY consists of a generation bonus and a level status bonus. Each will be explained further below.
How does KOK PLAY’s generation bonus work?
The generation bonus is related to your network of people that you have referred to the KOK PLAY platform. It is called the generation bonus because you not only get paid on people you personally refer but you also get paid on the people that those people refer (and it keeps going on, for generations).
The best part is that you do not deprive people who you refer of profit. Instead, the KOK PLAY platform matches a percentage of your referrals’ APY returns and pays it to you directly based on your level status.
The generation number indicates how far away a referral is from you. As a result, if you refer someone, they are your first-generation referral. If your first-generation referral refers someone, that person is now your second-generation referral.
| Level Status | APY Profit Match |
|---|---|
| No Stars, 0 Stars | 100% Profit Match from Generation 1 referrals |
| Level Status 1, 1 Star | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 3) x (0.01%)] per day |
| Level Status 2, 2 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 3) x (0.013%)] per day |
| Level Status 3, 3 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 5) x (0.013%)] per day |
| Level Status 4, 4 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 7) x (0.012%)] per day |
| Level Status 5, 5 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 10) x (0.01%)] per day |
| Level Status 6, 6 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 12) x (0.009%)] per day |
| Level Status 7, 7 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 13) x (0.008%)] per day |
| Level Status 8, 8 Stars | 100% Profit Match from Generation 1 referrals + [(Total Value Locked from Generations 2 to 15) x (0.008%)] per day |
How does KOK PLAY’s level status work?
The level status on KOK PLAY’s platform are earned through metrics established by the KOK Foundation. The level statuses are outlined below.
Keep in mind that benefits from each level do NOT stack.
| Level Status, Star Level | Requirements to Meet Level Status |
|---|---|
| Level Status 1, 1 Star | You must have five direct referrals and each referral must have a minimum of $300 staked. |
| Level Status 2, 2 Stars | You must have five direct referrals and each referral must have a minimum of $300 staked + three Level 1 Stars within your referral network (at least one exists in each individual leg/line of your referral network). |
| Level Status 3, 3 Stars | You must have ten direct referrals and each referral must have a minimum of $300 staked + three Level 2 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
| Level Status 4, 4 Stars (Method 1) | You must have ten direct referrals and each referral must have a minimum of $300 staked + three Level 3 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
| Level Status 4, 4 Stars (Method 2) | You must have three individual legs/lines of your referral network that have a total staking amount of at least $100k each and you must have at least ten 1st Generation referrals staking at least $300. |
| Level Status 5, 5 Stars | You must have ten direct referrals and each referral must have a minimum of $300 staked + three Level 4 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
| Level Status 6, 6 Stars | You must have ten direct referrals and each referral must have a minimum of $300 staked + three Level 5 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
| Level Status 7, 7 Stars | You must have ten direct referrals and each referral must have a minimum of $300 staked + three Level 6 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
| Level Status 8, 8 Stars | You must have ten direct referrals and each referral must have a minimum of $300 staked + four Level 7 Stars within your referral network (at least one exists in each individual leg/line of your referral network) + your referral network has a total of $30k staked. |
The charts below show how your APY Profit Match Returns adjust based on each Level Status that you achieve.
| Generation Level | Level Status 0, 0 Stars | Level Status 1, 1 Star | Level Status 2, 2 Stars |
|---|---|---|---|
| 1st Generation | 100% | 100% | 100% |
| 2nd Generation | None | Total Value Locked in 2nd Generation x 0.01% per day | Total Value Locked in 2nd Generation x 0.013% per day |
| 3rd Generation | None | Total Value Locked in 3rd Generation x 0.01% per day | Total Value Locked in 3rd Generation x 0.013% per day |
| 4th to 15th Generation | None | None | None |
| Generation Level | Level Status 3, 3 Stars | Level Status 4, 4 Stars | Level Status 5, 5 Stars |
|---|---|---|---|
| 1st Generation | 100% | 100% | 100% |
| 2nd Generation | Total Value Locked in 2nd Generation x 0.013% per day | Total Value Locked in 2nd Generation x 0.012% per day | Total Value Locked in 2nd Generation x 0.01% per day |
| 3rd Generation | Total Value Locked in 3rd Generation x 0.013% per day | Total Value Locked in 3rd Generation x 0.012% per day | Total Value Locked in 3rd Generation x 0.01% per day |
| 4th Generation | Total Value Locked in 4th Generation x 0.013% per day | Total Value Locked in 4th Generation x 0.012% per day | Total Value Locked in 4th Generation x 0.01% per day |
| 5th Generation | Total Value Locked in 5th Generation x 0.013% per day | Total Value Locked in 5th Generation x 0.012% per day | Total Value Locked in 5th Generation x 0.01% per day |
| 6th Generation | None | Total Value Locked in 6th Generation x 0.012% per day | Total Value Locked in 6th Generation x 0.01% per day |
| 7th Generation | None | Total Value Locked in 7th Generation x 0.012% per day | Total Value Locked in 7th Generation x 0.01% per day |
| 8th Generation | None | None | Total Value Locked in 8th Generation x 0.01% per day |
| 9th Generation | None | None | Total Value Locked in 9th Generation x 0.01% per day |
| 10th Generation | None | None | Total Value Locked in 10th Generation x 0.01% per day |
| 11th to 15th Generation | None | None | None |
| Generation Level | Level Status 6, 6 Stars | Level Status 7, 7 Stars | Level Status 8, 8 Stars |
|---|---|---|---|
| 1st Generation | 100% | 100% | 100% |
| 2nd Generation | Total Value Locked in 2nd Generation x 0.009% per day | Total Value Locked in 2nd Generation x 0.008% per day | 30% |
| 3rd Generation | Total Value Locked in 3rd Generation x 0.009% per day | Total Value Locked in 3rd Generation x 0.008% per day | 20% |
| 4th Generation | Total Value Locked in 4th Generation x 0.009% per day | Total Value Locked in 4th Generation x 0.008% per day | Total Value Locked in 4th Generation x 0.008% per day |
| 5th Generation | Total Value Locked in 5th Generation x 0.009% per day | Total Value Locked in 5th Generation x 0.008% per day | Total Value Locked in 5th Generation x 0.008% per day |
| 6th Generation | Total Value Locked in 6th Generation x 0.009% per day | Total Value Locked in 6th Generation x 0.008% per day | Total Value Locked in 6th Generation x 0.008% per day |
| 7th Generation | Total Value Locked in 7th Generation x 0.009% per day | Total Value Locked in 7th Generation x 0.008% per day | Total Value Locked in 7th Generation x 0.008% per day |
| 8th Generation | Total Value Locked in 8th Generation x 0.009% per day | Total Value Locked in 8th Generation x 0.008% per day | Total Value Locked in 8th Generation x 0.008% per day |
| 9th Generation | Total Value Locked in 9th Generation x 0.009% per day | Total Value Locked in 9th Generation x 0.008% per day | Total Value Locked in 9th Generation x 0.008% per day |
| 10th Generation | Total Value Locked in 10th Generation x 0.009% per day | Total Value Locked in 10th Generation x 0.008% per day | Total Value Locked in 10th Generation x 0.008% per day |
| 11th Generation | Total Value Locked in 11th Generation x 0.009% per day | Total Value Locked in 11th Generation x 0.008% per day | Total Value Locked in 11th Generation x 0.008% per day |
| 12th Generation | Total Value Locked in 12th Generation x 0.009% per day | Total Value Locked in 12th Generation x 0.008% per day | Total Value Locked in 12th Generation x 0.008% per day |
| 13th Generation | None | Total Value Locked in 13th Generation x 0.008% per day | Total Value Locked in 13th Generation x 0.008% per day |
| 14th Generation | None | None | Total Value Locked in 14th Generation x 0.008% per day |
| 15th Generation | None | None | Total Value Locked in 15th Generation x 0.008% per day |
KOK PLAY Rewards & Referral Examples (Profit Made from Mining/Staking)
Example 1 – John & Mary
John and Mary both want to deposit $10,000 so they can start receiving 4% per month for staking. John and Mary are married, so the most lucrative way is to have Mary signup under John. (Mary would now be considered John’s 1st Generation referral.) John will now receive a 100% APY Profit Match on Mary.
Remember, they each put in $10,000.
- Mary makes $400/month (4%).
- John makes $400/month (4%) from his $10,000 investment + he makes $400/month (100% of Mary’s APY Profit) on Mary’s investment because he referred her which equals $800/month for John.
- In total, they make about $40/day or $1,200/month together.
They can decide to restake this $1,200 back into mining every month, they can stake a portion of it, they can let it sit in their crypto wallet or they can withdraw it.
If they let it sit in their wallet, after just one year, John and Mary make $14,400 which is almost 75% of their original investment of $20,000. They can then withdraw their money which would be $14,400 + their initial $20,000 which would be $34,400.
The best option would be to restake this money every day back into mining because you make more money when you restake/reinvest it.
Remember, there is a limit to how much you can take out of the platform. When the entire amount of compensation reaches 200 percent of the principal amount, all interest payments stop. To continue mining, you must add more money to the original principal. For John and Mary, the most they can pull out of the platform together is $40,000 which is 2x their initial $20,000 investment. To increase this amount, add more capital or just restake the KOK coins you earn every day.
The best route is to withdraw half and restake half of what you earn every day. When you follow this method, you will never reach your interest cap because you are always adding money back into the platform. So, for John and Mary, they should withdraw $20/day and restake $20/day.
Example 2 – John & Mary + 4 Friends
Let’s now assume that John and Mary each invited two friends into the platform. Each friend deposits $5,000 to get 4% per month for staking.
Mary is staking $10,000 from Example 1 and is earning $400/month in interest. Mary is a Level Status 0 and refers Ashley and Martha.
- Mary is making 100% of Ashley’s APY Profit Match (Ashley is making 4%/month off of the $5,000 she put in.) = $200/month. Ashley is a 1st Generation referral for Mary.
- Mary is making 100% of Martha’s APY Profit Match (Martha is making 4%/month off of the $5,000 she put in.) = $200/month. Martha is a 1st Generation referral for Mary.
Mary is making her original $700 + Ashley’s Profit Match of $200 + Martha’s Profit Match of $200 which equals $1,100/month for Mary.
John is staking $10,000 from Example 1 and is earning $400/month in interest. John is a Level Status 1 and he refers Bob and Dylan.
- John is making 100% of Mary’s APY Profit Match (Mary is making 4%/month off of the $10,000 she put in.) = $400/month. Mary is a 1st Generation referral for John.
- John is making 100% of Bob’s APY Profit Match (Bob is making 4%/month off of the $5,000 he put in.) = $200/month. Bob is a 1st Generation referral for John.
- John is making 100% of Dylan’s APY Profit Match (Dylan is making 4%/month off of the $5,000 he put in.) = $200/month. Dylan is a 1st Generation referral for John.
- Because John is a Level Status 1, he is making 0.01% of the Total Value Locked at his 2nd Generation. Ashley and Martha are 2nd Generation referrals for John. Combined, Ashley and Martha have a Total Locked Value of $10,000. John would make $10,000 X 0.0001 = $1.00 per day or $30.00 per month.
John is making his original $400 + Mary’s Profit Match of $400 + Bob’s Profit Match of $200 + Dylan’s Profit Match of $200 + Martha & Ashley’s Total Locked Value Profit of $30 which equals $1,230/month for John.
Together, with 4 friends referred, John and Mary are now making $2,330/month (compared to $1,200 in Example 1) and they still have just their initial $20,000 invested. They did not have to add any more money to the platform.
If you would like to read more about KOK PLAY, check out our other guides here which include how to mine KOK and how to sell KOK coins.
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