You’re eligible to receive cashback for participating in auctions and exclusive offers. The invested amount over which the cashback is calculated depends on the number of NOTES you hold.
1 NOTES unlocks €1 of cashback
For example, if you have 500 NOTES and invest €1000 euros in an auction, you’re eligible to receive cashback on €500 of your invested amount once your orders are executed.
Cashback is paid:
- At the end of the auction, if your bids are successful and shares are assigned
- Immediately after execution, in the case of Exclusive Offers
Important information about cashback eligibility
Cashback is a promotional reward designed to encourage meaningful participation in the market.
To ensure a transparent and fair market, please note the following:
If you sell any cashback-eligible shares within 3 months of the auction closing, the cashback proportional to the shares sold will be reclaimed and deducted from your balance after the sell order is executed.
This measure helps prevent short-term behaviour that could undermine the integrity of the market.
Cashback tiers
Starting from 1 NOTES:
- 6% cashback from €1 until the first 100€ invested.
- 2% for the investment above €100.
Starting from 500 NOTES:
- 6% cashback on the first €200 invested
- 2.5% on the amount above €200
Starting from 2,500 NOTES:
- 6% cashback on the first €300 invested
- 3% on the amount above €300, up to the total number of NOTES held
Let’s see it in an example: Let’s say you have 500 NOTES and you invest €1,000:
- Only €500 are eligible for cashback
- 6% on the first €200 = €12
- 2.5% on the remaining €300 = €7.50
- Potential cashback: €19.50
Now if you have 500 NOTES and invest €400 ( keeping in mind that 1 NOTES = €1):
- The full €400 is eligible for cashback
- 6% on the first €200 = €12
- 2.5% on the remaining €200 = €5
- Potential cashback: €17
How to use the Cashback calculator
To help you save time from doing all these calculations, we’ve created a cashback calculator that you can find directly on your Backstage Pass dashboard, if you already activated it.
The cashback calculator is only visible if you already activated the Backstage Pass.
How to use it:
- Go to the Backstage Pass page > See calculation
- On “Amount of NOTES” Insert the amount of NOTES that you own.
- On “If you invest” insert the amount in euros that you wish to invest.
The result will show, based on your tier, how much cashback you could potentially receive.
To learn more about how the Backstage pass works visit our Backstage pass section on the Support Centre here: https://support.anotemusic.com/backstage-pass or contact our team: support@anotemusic.com
