SMART CONTRACT MLM SOFTWARE

  What is MLM (Multi Level Marketing)? Network Marketing which is popularly called MLM or Multi-Level Marketing is a Referral marketing on multi-levels. MLM is broadly defined as a business strategy where members are recruited for promoting a company’s products and services and then incentivized to recruit new members from their referrals indicating a possible pyramid scheme. The MLM Business has gained a remarkable momentum over recent years because of the opportunities the business model provides for peoples to earn money. However due to some inefficiencies in the traditional MLM, such as lack of transparency, mistrust, mutability, and delayed transactions, Entrepreneurs were looking for right MLM solutions and they turned to  Smart Contracts based MLM . MLM Software Development Plans 1. Binary MLM Software 2. Unilevel MLM Software 3. Matrix MLM software 4. ROI MLM Software 5. Crowd Funding MLM Software 6. Cryptocurrency MLM Software Binary MLM Softwa...

Smart Contract Based MLM Smart Contract-Based MLM’s are Decentralized MLM Networks that are governed or managed by any  blockchain smart contract , but mostly the Ethereum blockchain. Since Ethereum is open source it gives open access for developers to leverage its smart contract technology and customize it for developing custom dApps. The entire MLM process will be tied up with the one single knot, i.e A smart contract. The inbuilt Ethereum smart contracts inside an MLM network will carry out all the processes of an MLM Platform form user registration, rewards, matrix table execution to the payment process. As in recent days starting an MLM business is highly appreciated among the business people, because launching an  MLM business  with Smart Contract can create trust among users as the created MLM platform will be completely decentralized and difficult to hack or change the data. As the network eliminates the presence of the middle man all the transactions wil...