Show HN: A hiring platform that makes you passive income using referral trees

Creator here. As a software engineer in the Bay Area, I've become increasingly aware that my network is tremendously valuable, but that value only materializes under rare, ad hoc circumstances: one-off referrals, founding, and funding. With that in mind, I decided to develop a product that realizes the value of your network in a consistent and material way.

I built a hiring platform for software engineers where we’ll not only pay you a percentage of our recruiting fee when someone you refer gets a job, but we’ll also keep paying you when the person you refer, refers others who get hired. Your referral tree is infinite, so by referring just a few people, you can generate a significant amount of passive income.

The referral model is relatively straightforward, and you can check out the algorithm here: https://repl.it/repls/WrithingReflectingTrigger. We've allocated a fixed percentage of our recruiting fee to referrers of any degree. A first-degree referral earns 13.33% of our recruiting fee, and each subsequent degree of separation earns half the amount of the prior degree (e.g., 2nd degree = 6.67% of recruiting fee, 3rd degree = 3.33% of recruiting fee, and so on).

You can learn more on our site (https://earncarrots.com?ref=WjS0yb -- query string because it's invite-only) and play around with our calculator to see how much income you can make! I’m posting here hoping to get feedback from the community, so please let me know what you think and what you’d like to see to make it better.