Weāve come to the decision, both as the community team and with discussion amongst the Coral Crew, that weāre not comfortable with the level of link referral spam happening around this company. Weāve seen a lot of signups of people posting their links and leaving, and itās starting to creep into other unrelated threads too. It feels very spammy, and itās not a good look in our opinion. As such, weāve closed the existing thread.
This isnāt a comment from Monzo as one company making a judgement call on another business, as that isnāt our place. But we do feel that, whilst we appreciate people sharing referral links and recommendations around existing products in order to get discounts etc, thereās a difference between that and people posting endless links for a largely-unknown product that may or may not turn out to be something tangible in the future.
Itās important that we both keep this community tidy, and we protect our users. The level of link spam combined with the lack of information, and the apparent focus on them attempting to gain users before actually building or releasing a product, isnāt something we feel is appropriate for our community. As such, these referral links will be removed.
Sure as long as it doesnāt become an endless list of spammy links like IQ did. For example Freetrade currently provides value to those who want to use the service. So making a recommendation to invite someone seems ok to me.
It seems to have just exploded over the internet in general. Reports of it being all over Facebook, but no word as to why or any further updates from IQ themselves.
We are just talking about Initiative Q here. The level of spam was becoming quite overwhelming, and we need to exercise caution: itās really quite unclear what Initiative Q will end up doing with usersā data, and indeed why their referral program has exploded this week.
funny that, turns out free money doesnāt exist.