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Multi-level marketing (MLM) is transforming rapidly. The conventional MLM model, which was plagued by problems like mutual mistrust between MLM companies and participants, delayed payments, and a string of other issues, has now forged the path for Ethereum smart contract MLM solutions.
These blockchain-based platforms have a decentralized architecture that facilitates better transparency, security, and efficiency. This architecture is backed by an immutable smart contract that powers tamper-proof calculations of participants’ funds. The smart contract also enables automated transactions i.e. funds are transferred directly to users’ funds with minimum latency.
We provide a smart contract based MLM script to accelerate the deployment of your MLM project. Our white label solutions are built on Ethereum and TRON blockchains and are fortified with the following:
A multi-currency wallet enables the secure transfer of cryptocurrency and facilitates the sharing of referral links with new sponsors. Users can leverage the chat functionality to share the referral link with friends, family, or colleagues. The wallet is reinforced with institutional-grade security.
Our smart contract based MLM script offers a secure API connection to external exchanges to make it easy for the users to quickly buy or sell their desired cryptocurrency to participate in the MLM process, without the need to leave the platform.
Our white label MLM solution is reinforced with an intuitive investment module that facilitates the seamless participation of users in the MLM process to multiply their funds. The system allows them to function autonomously. As the system sits on a blockchain, the investment process is completely transparent.
The integration of a smart contract into our smart contract based MLM script facilitates peer-to-peer, automated transactions between participants. The smart contract automatically calculates funds and transfers them to users’ wallets. The entire process is completed without any human interference.
In the conventional MLM, users are always uncertain about their earnings as they fear promoters can revise their incentive program anytime. A smart contract, however, is immutable, meaning that it cannot be changed once it is put on the blockchain. Thus, the users can rest assured that the MLM business model remains unchanged throughout.
A smart contract based MLM model is light years ahead of the conventional model when it comes to efficiency and reliability. The algorithm behind the smart contract performs calculations of the earnings of all participants in a tamper-proof manner.
If you are planning to build your TRON or Ethereum smart contract MLM platform, our white label solution can be the right option to quickly tap into the market while reducing your development cost. Apart from providing MLM clone scripts, we specialize in building custom smart contract based MLM platform from scratch.
Schedule a free demo of our smart contract based MLM script or connect with our subject matter experts to share your requirements for custom MLM software.
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