We overreacted, exhaled, adapted to new market conditions and are now resuming payments

4 Apr 2022




Dear partners!

Starting April 01, 2022, Profit Partners is resuming payments to partners in the standard mode twice a month and starting a step-by-step debt repayment. We understand that restructuring is an unpopular decision, but in the current conditions, we need to take it.

Payout Schedule: 

Date

Payout

From 1.04 to 07.04

1/6 partner earnings generated before 01.04.2022

From 18.04 to 26.04

For the first half of April + 1/6 of partner earnings generated before  01.04.2022

From 02.05 to 10.05

For the second half of April + 1/6 of partner earnings generated before 01.04.2022

From 16.05 to 24.05

For the first half of May + 1/6 of partner earnings generated before 01.04.2022

From 01.06 to 09.06

For the second half of May + 1/6 of partner earnings generated before 01.04.2022

From 16.06 to 24.06

For the first half of June + 1/6 of partner earnings generated before 01.04.2022

 

Adapting to new market conditions

It's no secret that last month’s events have hit the industry hard: user activity is falling, projects are closing, payment systems are leaving the market, providers are restricting the use of games in the country.

At first, the forecast was disappointing, and we, like any business, calculated the worst-case scenario. Our team values ​​​​its reputation and always tries to speak frankly with partners, so we immediately announced it publicly: we are not leaving the market; we offer players of closed projects to switch to another one and save them for you; we are temporarily deactivating personal terms of cooperation and reviewing the share of partner income under the Revenue Share program.

Two weeks ago, we neglected the rule to deal with facts, wait and avoid harsh assessments. We overreacted and were concerned about possible economic difficulties. We received your constructive feedback, listened to it and now return the conditions that were under the Revenue Share program until April 1, 2022.

1st Deposits

% RevShare for new players*

% RevShare

0-7

60%

25%

8-15

60%

30%

16-25:

60%

35%

26-50: 

60%

40%

51+: 

60%

45%


* The player is considered new for the first 30 days from the date of registration

We have also stopped hiring employees, redistributed the workload within the team in order to stop outsourcing services and optimize costs.

Profit Partners remains on the market, continues to work stably and fulfill its obligations to partners. We plan to occupy the vacated niches, get stronger and further develop our product. As soon as it becomes possible, we will offer partners more attractive conditions.