Referral Program

This program was activated February 1, 2026 and is focused on large scale enterprise deployments.

XNET Foundation Enterprise Referral Program rewards approved sales representatives for sourcing new commercial deployments and venues. Referral incentives are structured differently depending on whether a site is self-onboarded by the client or managed by a third party. All referral participants and parties are subject to Foundation approval.

Definitions

• Operator Bucket: the standard pool where Epoch Rewards are emitted from.

• Foundation Grants: a separate incentive bucket used to fund ecosystem growth incentives.

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1) Client Self-Onboarding (Direct Operator)

In this path, the client completes onboarding directly with XNET (creates wallet, registers devices, adds certificates, configures Passpoint, and receives token payouts).

Flow

• Client receives 100% of device earnings from the Operator Bucket (Epoch Rewards).

• Sales representative receives 10% of device earnings from Foundation Grants, for up to 52 Epochs from activation.

Key point: The client’s earnings are not diluted, referral rewards are funded via Foundation Grants, not the Operator Rewards Pool. *onboarding fees may apply

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2) Third-Party Managed Onboarding (Managed Operator)

In this path, the client elects to have a third party manage onboarding and ongoing operations (device registration, Passpoint setup, payout administration, monitoring/maintenance).

Flow

• Third-party manager pays the onboarding fee to XNET on behalf of the client.

• XNET earmarks 10% of device earnings for the sales representative, emitted from the Operator Bucket (Epoch Rewards).

• Remaining 90% of device earnings is emitted from the Operator Bucket (Epoch Rewards) to the third-party manager.

• Third-party manager allocates a portion of its earnings to client(s) to support setup, conversion, and ongoing monitoring/maintenance.

Key point: In managed deployments, the referral incentive is sourced from the Operator Bucket (Epoch Rewards) and reduces the portion distributed to the manager.