Multi-level marketing is one of the best industries with a strong presence across more than 100 countries. The current valuation of the industry is at around $167 billion. According to the ASSOCHAM report, the industry is poised for massive growth in 2021 and is one of the best industries to make huge profits.
When smart contracts are integrated into an MLM platform, it offers advantages like complete decentralization, absence of risks, and instant pay-outs. Smart contract MLM platforms eliminate the presence of the intermediaries as all the transactions get executed automatically via protocols that drive the smart contract. Once the smart contract is deployed on the blockchain, it cannot be altered manually. The built-in smart contracts automatically carry out all the processes of an MLM Platform. This includes participant registrations, rewards pay-outs, matrix execution, and more.
What Is a TRON Smart Contract MLM?
TRON is one of the leading blockchains that has its own smart contract protocol just like Ethereum. Using a TRON smart contract, a fully decentralized smart contract MLM platform can be deployed. Additionally, every transaction in the network is recorded on the immutable TRON blockchain. Thus, there is no central party that can alter the transactions.
Features of a TRON Smart Contract MLM Platform
Various features can be integrated TRON Smart contract MLM platform, including the following:
- Democratic Leaderboard — As an MLM platform driven by Tron Smart contract is completely decentralized, the users can trust the leaderboard as all the transactions are transparent.
- Matrix plan — Any type of matrix plan can be developed on an MLM platform driven by Tron smart contract.
- TRON Wallet Integration — An intuitive TRON wallet can be integrated into the MLM platform. The Ethereum to TRON blockchain swap can also be enabled into the platform.
- Instant automated withdrawals can be supported with TRON smart contracts.
- Automated reinvest features can also be set up.
Benefits of TRON Smart Contract MLM Software
Using a TRON smart contract ensures that the investment and earning of network participants are exposed to zero risks. Apart from this, the TRON blockchain ensures high transparency of immutable transactions. Along with that, an instant peer to peer system is set up. All this can be achieved at a very low set up and operating cost.
The most important advantage of building a TRON smart contract MLM platform is that it is resistant to hacks. Thus, the trust level of network participants is very high.
Why TRON Smart Contract over Ethereum?
Launching an MLM business on TRON blockchain offers some major advantages over Ethereum blockchain:
- The prime advantage of TRON over Ethereum is low transaction fees. This is because the transaction fee on TRON is calculated using bandwidth and energy. This is near zero and far lower than Ethereum’s transaction fee.
- TRX20, the native TRON token is more popular than ERC 20, the Ethereum token.
- The transaction speed of the TRON blockchain is higher than the Ethereum.
- TRON Dapps are more popular than Ethereum Dapps. A noticeable 207% increase has been recorded in the use of TRON Dapps.
TRON Smart Contract MLM benefits for a Business Owner
- TRON network offers a higher level of security, thus it increases the user’s trust.
- With the increased trust, the MLM network participation automatically increases.
- Gas Price does not exist on the TRON blockchain network. Thus, MLM platform operators can make higher profits.
- Matrix levels, fees, rewards, and advanced functionalities can be customized for the MLM platform.
Why would a user prefer your TRON Smart Contract MLM platform?
- A smart contract MLM platform built on TRON blockchain comes with a low joining fee. This becomes an attractive feature for the network participants.
- Using TRON blockchain, network participants can win rewards in TRX.
Why build your platform using Smart Contract MLM Script?
At Antier Solutions offer smart contract MLM script (or white label) platform development solutions. Building the MLM platform this way offers the following two major advantages:
· Quick launch of MLM platform (in just 7 days)
· Cost-effective MLM platform development
As our scripts are customizable, we can build a platform where you can set the registration fee, commission fee, and MLM plans of your choice. Thus, along with flexibility, MLM platforms developed by Antier Solutions are ready to enter the market.
Besides white label MLM platform development, we specialize in building a custom smart contract MLM platform from scratch.
Schedule a free demo of our white label smart contract MLM software solution or connect with our subject matter experts to share your needs for a custom MLM platform to be built from the ground up.
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