Blockchain and MLM are the two industries that are taking the world by storm. Both industries offer multiple business opportunities to entrepreneurs and investors. Interestingly, the MLM industry is primed for massive growth in the year 2021. If you are planning to come up with an MLM platform, you must explore blockchain-powered smart contract based MLM software.
Both TRON and Ethereum are open source blockchains. Thus, they are easily available for smart contract development. However, every MLM business smart contract needs to be customized to operate in a business-specific manner. Based on the performance, cost, speed, and efficiency requirements, the developer needs to choose between the TRON and Ethereum blockchain.
Here is a detailed comparison of the two.
In order to deploy a fully decentralized Ethereum smart contract, the following components need to be integrated into the software.
1. Ethereum Smart contract
2. Ethereum Wallet
3. MLM website and App with a user-friendly interface
4. Know Your Customer (KYC) Dashboard
5. Transactions Dashboard
6. Dashboard for Commission Distribution
7. Helpdesk Ticket System
By integrating the above components, the following features can be built into the software:
Advantages of Ethereum Smart contract MLM
TRON blockchain was inspired by Ethereum, thus most of the features and components remain the same for TRON smart contracts. However, recently, TRON’s token standard TRX 20 is becoming more popular than Ethereum’s ERC 20 standard.
However, there are some major benefits of launching TRON smart contract MLM.
If you are planning to build smart contract based MLM software, Antier Solutions can help. We enable your business to take forward steps in the MLM industry by using the right technology in its best form. Our seasoned smart contract developers have mastered Bitcoin, TRON, and Ethereum blockchain smart contract development. We also help MLM businesses strategize the compensation plans and commissions that are handled well by the platforms developed by us.
We specialize in offering MLM scripts to accelerate the deployment of your MLM platform, and at the same time, we leverage our expertise to build a custom MLM platform from the ground up.
Schedule a free demo of our white label smart contract-based MLM platform or connect with our subject matter experts to share your needs for a custom platform to be built from scratch.