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Start MLM Business Platform With Smart Contract - Get 100% Better ROI

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Thinking of starting a Smart Contract based MLM business? Learn how to build an MLM platform with Smart Contract, know the various MLM business plans and MLM Software available in the market.

Before getting into detail, You need to know clearly about What is MLM? Why people are moving to MLM business with Smart Contract.

What does MLM mean?

Multi-Level Marketing, abbreviated as MLM is a marketing strategy or business model in which marketing of products or services occurs directly with a network of autonomous representatives and hence MLM is also called network marketing, referral marketing, and pyramid selling.

Here the revenue of an MLM company is derived from the individual participant or distributor selling the company's services/products, while the revenue of the individual promoter is derived from a pyramid-shaped commission system.

MLM can be of various forms & described it's structure as:

  • Referral marketing
  • Social selling
  • Network marketing
  • Direct selling
  • Team marketing
  • Consumer direct marketing

Types of MLM Business Plans

  • Ponzi or Pyramid MLM Plan
  • Binary MLM Plan
  • Broad MLM Plan
  • Matrix MLM Plan
  • Uni-level MLM plan
  • Hybrid MLM Plan
  • Australian Binary MLM Plan
  • Generation MLM Plan
  • Stair Step MLM Plan
  • Mono-line MLM Plan
  • Spill Over Binary MLM Plan
  • Australian X-Up MLM Plan

We, BlockchainAppsDeveloper - Leading Smart Contract based MLM Software Development Company offers all types of MLM business software with effective smart contract development and audit services.

mlm-platform-with-smart-contract

Advantages & Disadvantages of MLM Business

There are a lot of entrepreneurs who are earning big money from MLM businesses. If you have the right networks and skills, definitely you will succeed in MLM business. Here are some notable advantages of starting an MLM business:

Advantages of MLM Business

  • Less risk
  • Less investment
  • Portability
  • Low operating cost
  • High leverage
  • Huge potential income
  • Attainable freedom
  • Better ROI
  • Flexible revenue model
  • Direct selling association
  • Time flexibility
  • Steady & solid income

Disadvantages of MLM Business

  • Illegal schemes
  • Negative stigma
  • High rejection rate
  • Negative perception among people
  • Numerous scams
  • Less trustworthy
  • Lot of fraud schemes in market
  • Low success rate

These cons in MLM business make it less trust-able among people. To overcome these pitfalls, Smart Contract based MLM business evolved.

What is a Smart Contract based MLM Business?

A Smart Contract based MLM business is a multilevel marketing business that runs on the principles of Smart contracts. Here the MLM business is integrated with Blockchain powered Smart Contract functionality which makes MLM an efficient marketing model.

The integration of Smart Contract on MLM business completely changed people's perception of MLM business and brings an improved trust-ability & transparency in it.

How Smart Contract Elevates MLM Business?

Smart Contract has turned into the greatest solution to overcome the drawbacks in the traditional MLM business. This technology evolvement has revolutionized the MLM business to a great extent. The integration of smart contracts in MLM business structure simplifies the MLM work process, adds more transparency makes it as integral to the growth of the enterprise. 

The majority of the people are aware of Smart Contract, so its implementation in MLM business attracts a lot of investors to invest in MLM business and also paved the way for entrepreneurs to start an MLM platform to become a billionaire.

The immutability nature of Blockchain Smart Contract brings more stability and trust-ability to MLM business among investors.

The traceability is also the main characteristic of Smart Contract powered MLM platform, the traceability is the ability to identify, track, and trace the transactions carried out in the MLM platform.

Every transaction & user data of an MLM business are stored in a specific Blockchain powered smart contract that allows participants to view the transaction history and other participant's details.

It also eliminates the anonymity in transactions, the public key or unique key generated in every transaction are stored in a specific BlockExplorer of a Blockchain platform.

For example, if it is Ethereum powered Smart Contract, the secret key gets stored in the Ethereum’s BlockExplorer called Etherscan.

The key benefit of an MLM platform with Smart Contract is the elimination of scamming of MLM business, no third party involvement, setting up a peer-to-peer MLM platform.

The most crucial part of the MLM platform with a Smart Contract is automatic transactions.

What is Automatic Transaction in MLM Platform with Smart Contract?

Automatic transactions in Smart Contract based MLM business is the automatic transaction of funds or assets when the smart contracts meet the predefined terms & conditions. The Smart Contract MLM business continues to work, till the Blockchain powered Smart Contract exists.

The Smart Contract conditions & terms are defined by the MLM website owners, once defined the smart contracts cannot be altered & deleted.

Benefits of MLM Platform with Smart Contract

  • Eliminates fraudulent activities
  • Brings more transparency
  • Building of strong trusted network
  • Effortless traceability
  • Ensures strengthened data & transactions
  • Well defined peer-to-peer architecture
  • Automated transactions
  • MLM plan continues to work until Blockchain exists
  • Viewing of transactions & users database
  • Improved revenue-generating module
  • No third party involvement
  • Scams are eliminated to a great extent
  • Easy tracking of transactions
  • Entire business model is transparent
  • Faster & secured transactions
  • Multiple payment gateway integrations

How to Start an MLM Website with Smart Contract?

To start an MLM business website with Smart Contract, one should need expert consultation and necessary development support, another most cost-effective way is a Smart Contract based MLM Script.

Request Demo

Why Should You Build an MLM Website Using MLM Script?

There are two key reasons why people are preferring White Label MLM Script rather building an MLM website from scratch,

  • Less time consumption 
  • Cost-effectiveness

This White-label Smart Contract MLM script is completely customizable, can be customized as per your business requirements.

Comparing to building an MLM platform from scratch, Using an MLM Script takes very little time to launch an MLM platform.

With this White-Label Smart Contract MLM Script, You can Launch your MLM platform in 3-5 days.

Smart Contract MLM Script

Smart Contract MLM Script is an MLM website script that works based on the principles of Blockchain-powered Smart Contract. It is completely secure, decentralized, and brings a new dimension to an MLM business.

Coding Language - PHP, Mean Stack, Laravel (based on requirements)
Smart Contract - Ethereum (most preferred)
                              Also, build on other blockchain platforms.

Smart-contract-based-mlm-script

Why Ethereum Smart Contract MLM Platforms are preferred?

Ethereum Smart Contract is the most preferred Smart Contract solution of MLM business. Here are some notable reasons why users prefer Ethereum smart contract-based MLM business.

  • High transparency over the data stored on smart contracts
  • Ethereum Blockchain platform is well known among people
  • Data stored on Ethereum blockchain is more secured
  • Every transactions, tokens & address are stored in Etherscan
  • Through Etherscan, one can view & verify the transaction histories.

What is Etherscan?

Etherscan is a BlockExplorer for the Ethereum Blockchain platform. It is generally a search engine that allows users to view and verify the transactions that have been carried out on Ethereum Blockchain.

Ethereum Smart Contract MLM Script

Ethereum Smart Contract MLM Script is a White-Label MLM script based on Ethereum Blockchain powered Smart Contracts, where the smart contracts are defined on the Ethereum Blockchain platform

Ethereum Smart Contract Script to Start Ethereum Smart Contract based MLM websites like Million Money, Etrix.Io, EthereumsCash, Forsage, etc...

<--- Book a live free demo for Ethereum Smart Contract MLM Script --->

Million Money Clone Demo     EthereumsCash Clone Demo  

Forsage Clone Demo     Etrix.IO Clone Demo     

Where to build a Professional MLM Platform with Smart Contract Solutions?

To get a top-notch service on MLM platform with Blockchain powered Smart Contract, choosing a well-experienced agency will be a smart way.
BlockchainAppsDeveloper - The leading Smart Contract & Blockchain Development Company having certified developers excelled in blockchain and smart contract development.

Our Pride & Strategies 

  • Offering quality IT services at an affordable cost is our honesty.
  • On-time delivery is our responsibility.
  • Upgrading to the latest technology is our strength.
  • Strong 24x7 technical support is what we provide.
  • 100% Fulfilling customer needs and satisfaction.
  • Providing the finest websites & enhancing its recognition in the market

Why Choose Us for Smart Contract-Based MLM Development?

BlockchainAppsDevelopers is the world's renowned Blockchain Development Company with 8+ years of industry experience, developed and delivers more than 100+ successful projects in blockchain & smart contracts. Here are some undeniable reasons for choosing us for Smart Contract powered MLM platform development:

  • Rapid launch of MLM platform within 3-5 days
  • Completely White-Label MLM software solutions
  • 100% bug-free Smart Contract MLM script
  • Faster & secured MLM platform
  • Supports multiple MLM plans
  • Decentralized application
  • Easy payout
  • E-Wallet integration
  • End-to-end transparency
  • CRM integration
  • MLM data migration services
  • E-Commerce integration
  • Multiple payment gateway integrations
  • Cryptocurrency integration
  • Cryptocurrency promotions and more
  • Safer & faster transactions
  • Referrals, Pairing, Matching, etc…
  • Continuous version up-gradation 

            - To implement new ideas 
            - Enhance security

  • Level up commissions & more
  • Un-Hackable MLM platform

Having plans to start an MLM business or Smart Contract based MLM business and looking for the best MLM software with Smart Contract solutions? Contact Us & Launch Your MLM platform in 3-5 days!

 

Check out for a Free Demo for Smart Contract based MLM Platform

 

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