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Multi-level Marketing (MLM) is not a new concept. It is being successfully implemented and followed by hundreds of businesses from different parts of the world. Yet, MLM has its issues. Whether it is customers or agents, fraud happens more often than we expect them to occur.
But technology is here to help and comes in the form of blockchain and smart contracts to create a platform that is transparent, secure, and reliable. By bringing smart contracts to the MLM platform, businesses are reducing the risks associated with multi-level marketing while offering the benefits.
MLM has many other names, such as network marketing, direct selling, and referral marketing. It is simply the process of directly selling a product/service to the customers without going through a chain of distributors or retailers.
A smart contract MLM platform is one that is built on a secure blockchain. A Smart contract MLM script can be used to develop smart contracts on the Ethereum blockchain or TRON blockchain and launch a new MLM platform. The platform allows users to earn TRX or TRON, depending on where the smart contracts have been developed.
Instead of building the platform from scratch, you can approach a white label development company to build a smart contract MLM platform for your business.
By using ready to use smart contract MLM software, you can save a lot of time, money, and effort. You can choose compensation plans based on your business model and make changes to the smart contract MLM platform to make it unique to your business.
There are various advantages of using white label smart contract MLM software to build and launch your own MLM platform, including the following:
At Antier Solutions, we can help you launch your Bitcoin, Ethereum, or TRON smart contract MLM platform. We specialize in providing white label solutions for smart contract based MLM platforms, and at the same time, we can build a custom MLM platform from the ground up.
Schedule a free demo of our white label smart contract based MLM solution or connect with our subject matter experts to share your needs for a custom platform to be built from scratch.
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