<ul><li>In Web3, the growth is driven by referral systems that offer ecosystems, token incentives, and community-driven growth.</li><li>Most referral programs in crypto are not effective due to weak incentives, ease of gaming, and poor user experience.</li><li>The evolution of referral systems has led to the third wave in Web3 with features like KYC-based rewards, milestone-based tiers, and gamified dashboards.</li><li>An effective Web3 referral system should scale with usage, reward engagement, and prioritize user trust and partnership for growth.</li></ul>

🧠 The Secret Sauce Behind Web3 Growth? Referral Architectures That Actually Scale

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