[Notice] New Opportunities for Verychat Channel Owners: 500 Million VERY Reallocation

Very Network
2 min readJun 23, 2024

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We are thrilled to announce a significant update to the Verychat platform that aims to enhance community engagement and reward our dedicated channel owners. Very Labs has reallocated 500 million VERY, previously designated for referral rewards, to now benefit those who create and maintain active channels on Verychat.

Driving Engagement Through Reallocation

The decision to reallocate these funds comes as part of our ongoing commitment to support and incentivize content creators within our ecosystem. This new initiative is designed to reward channel owners directly for their efforts in building engaging communities.

How It Works

Channel owners on Verychat will now receive monthly payments in VERY, proportional to the number of subscribers they attract. This approach not only boosts the potential earnings for content creators but also encourages consistent and quality content production.

Benefits of the Updated Reward System

Direct Rewards: Receive monthly VERY based on subscriber counts.

Increased Engagement: Encourages channel owners to consistently engage with their audience.

Community Growth: Supports the expansion of the Verychat community by rewarding content that attracts and retains users.

Enhanced Algorithm for Greater Visibility

In addition to direct rewards, our updated recommendation algorithm will ensure that popular channels and standout content receive more visibility across the Verychat platform. This system promotes high-quality content and helps successful channel owners grow their subscriber base even further.

Learn More in Our Updated Whitepaper

For a detailed breakdown of the new channel rewards system and to understand how you can maximize your benefits as a channel owner, please refer to the “Channel Rewards” section of our revised whitepaper. You can access it here.

Become a Verychat Influencer

Now is the perfect time to start or expand your channel on Verychat. With substantial rewards and enhanced visibility, channel owners have more opportunities than ever to shine on our platform and make a significant impact.

We look forward to seeing how our talented community of creators will use this opportunity to grow and thrive. Join us in this exciting new chapter for Verychat, where your content doesn’t just engage — it earns.

🌐 Websites
🖥 Very Network | 👨‍💻 Verychat

🔗 Socials
✈️ Telegram | 💬 TG Chat | 🐦 Twitter

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Very Network

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