Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

How To Start A Smart Contract Based MLM Like Million Money?

Author: Gamesdapp Development Company
by Gamesdapp Development Company
Posted: Jun 12, 2020

Million money clone script is a smart contract based MLM business platform have same features like million money and have advanced features which is run completely with Ethereum blockchain. The clone script is build with fully secure and decentralized.

Million money

Million Money is an MLM company which gives you the opportunity to earn cryptocurrency (ETH) by including others and building a downline or team. The business model is figured as a MLM cycler which means you have to completely fill up one small matrix before a commission is expressed to you.

Smart Contract based MLM

Smart contracts are fully encrypted properly written with blockchain algorithm. MLM emerges as one of the comfortable and affordable methods to enlarge a business as well as its user reach. Hence MLM Business With Smart Contracts are 100% Secured, Decentralized, Hack Free, provides promises for no loss of money. The integration of smart contracts in MLM business structure generate lots of advantages.

How its work?

First you need to download million-money’s wallet where able to deposit $5 in ETH in the first stage. This amount is immediately sent to your upline (whenever you referred someone). To keep ascending in the scheme, you are mandatory to get 2 referrals who in turn will get 2 each and on and on it goes. To get to the top of your own pyramid you should have recruited 64 persons (downlines) indirectly or directly who pays you. In addition you are required to pay expanding amounts of ETH to your uplines to move from one stage of the pyramid to another otherwise amount from your downlines will not be apportioned to you.

Benefits of using Smartcontract in MLM platform

  • Transparency and privacy
  • Peer to peer payment
  • Cross- platform compatibality
  • Impossible to hack
  • Lucarative
  • Portaability
  • Risk free

Earning in MLM Business

The commissions that you can able to earn per level on the first Matrix compensation plan tier:

Level 1 – It has 2 positions to fill. You can earn 0.03 ETH per position. This level requires you have to pay 0.03 ETH to earn on this level.

Level 2 – It has 4 positions to fill. You can earn 0.2 ETH per position. This level requires you have to pay 0.05 ETH to earn on this level.

Level 3 – It has 8 positions to fill. You can earn 0.8 ETH per position. This level requires you have to pay 0.1 ETH to earn on this level.

Level 4 – It has 16 positions to fill. You can earn 0.4 ETH per position. This level requires you have to pay 0.4 ETH to earn on this level.

Level 5 – It has 32 positions to fill. You can earn 1 ETH per position. This level requires you have to pay 1 ETH to earn on this level.

After the complerion of first tier Matrix, now you can access to the 2nd tier Matrix compensation plan.

Here is a breakdown of the 2nd tier Matrix with the cost per position and the commissions you can earn per level:

Level 1 – It has 2 positions to fill. You can earn 2.5 ETH per position. This level requires you have to pay 2.5 ETH to earn on this level.

Level 2 – It has 4 positions to fill. You can earn 5 ETH per position. This level requires you have to pay 5 ETH to earn on this level.

Level 3 – It has 8 positions to fill. You can earn 10 ETH per position. This level requires you have to pay 10 ETH to earn on this level.

Level 4 – It has 16 positions to fill. You can earn 20 ETH per position. This level requires you have to pay 20 ETH to earn on this level.

Level 5 – It has 32 positions to fill. You can earn 40 ETH per position. This level requires you have to pay 40 ETH to earn on this level.

There is also an additional requirement to remain commissions qualified and to not lose any present or future commissions.

The requirement is that you should renew your fee for each level that you are active on every 100 days.

This is all there how you can make money with the Money Million opportunity.

Why us?

To start a Smart Contract based MLM like Million Money, you need to have a expert consultation and necessary development support. Another most impressive way is a Million Money Clone Script which allows customization as per the user requirements.

We, gamesdapp offer an advanced Million Money Clone Script with advanced incediable features.

We are also develop Forsage, Doubleway, Ethereum cash, Etrix clone script with smart contract. Engage with us to build Smart Contract MLM websites with in a week!!!

Get a Free Consultant

Call/Whatsapp : 9489606634E-mail : support@gamesd.app
About the Author

GamesDapp is a topmost blockchain game development company. we are the one who creates the smart contract standards game app with Tron, Eos, eth digital currencies.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Gamesdapp Development Company

Gamesdapp Development Company

Member since: Jul 07, 2019
Published articles: 17

Related Articles