Explore how to make a fully decentralized smart contract based mlm network like million money on ethereum blockchain.
Million.Money is a recent smart contract based MLM Business website that runs based on ethereum smart contracts. This website guarantees that joining million.money can afford an MLM member to acquire 1500 ETH every 100 Days.
The core business model of Million.Money is Multi-Level Marketing but inspite of following traditional MLM, this website follows smart contract based MLM. This website claims that the distribution of incoming transfers among participants is run under a specific smart contract algorithm written on the ethereum blockchain.
Also, the website claims that there is no administrator, hence it is fully decentralized, under the smart contracts. No one has the rights, or privileges or access to delete and manage the uploaded smart contract coding.
The Compensation Plan Of Million.MoneyThe compensation plan works based on the Binary Plan. As the downline increases, you will be paid by the members. So, to join in the tree, one should buy a level from the affiliates. The purchase cost differs based on the level.
Simply saying this is a 2X5 matrix gifting scheme. So, the scheme is designed to generate a new cycle after every five levels, and each level will be expanded by subscriptions of two new members at each node.
Why Smart Contract For MLM ?
Smart contracts are fully encrypted and are automated under a properly written blockchain algorithm. Hence MLM Business With Smart Contracts are 100% Secure, Hack Free, Decentralized, provides promises for no loss of money and easy claiming of profit directly from the smart contract system automatically.
If smart contracts can empower the MLM business, then there is no chance for MLM business owners to scam its members.
Source : Million.Mioney
How to Start a Smart Contract Based MLM Like Million.Money ?One can start an MLM business like Million.Money along with the use of a fully decentralized Million Money Clone Script. More over we have included some key points that you should keep in your mind while starting a MLM business like million money. Before starting a mlm business you may face the following bottlenecks.
Million money clone script is a smart contract mlm clone script, which is consist of a mlm website script, and has the clone code of million money smart contract. More over the smart contract can be customized as per the requirements. At bitdeal you can get a fully ready made million money mlm clone script, which can help you to start a smart contract MLM like million money on etheruem blockchain.
Million Money Clone Script FeaturesFully Automated Transactions
Binary 2X5 Matrix Scheme
100% hack-proof
Instant P2P Payment
No Admin, Smart Contract Controls Everything
The Article Content Was Originally Published at : Million Money Clone - A Key To Start A Trusted Smart Contract Based MLM Business
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