Skip to main content

TRON Smart Contract MLM Platform: Understanding its Benefits | Antier Solutions

 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?

Features of a TRON Smart Contract MLM Platform

  1. 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.
  2. Matrix plan — Any type of matrix plan can be developed on an MLM platform driven by Tron smart contract.
  3. 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.
  4. Instant automated withdrawals can be supported with TRON smart contracts.
  5. Automated reinvest features can also be set up.

Benefits of TRON Smart Contract MLM Software

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?

  • 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

  1. With the increased trust, the MLM network participation automatically increases.
  2. Gas Price does not exist on the TRON blockchain network. Thus, MLM platform operators can make higher profits.
  3. 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?

  1. Using TRON blockchain, network participants can win rewards in TRX.

Why build your platform using Smart Contract MLM Script?

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.

Comments

Popular posts from this blog

How to Create a Crypto Exchange | Start Your Own Cryptocurrency Exchange | How to Create a Cryptocurrency Exchange Website | Antier Solutions

The number of cryptocurrencies has grown to over 2,300 through 2019, according to CoinMarketCap, and the market has witnessed an incredible increase in the number of crypto investors over the past decade. Earlier, people preferred Bitcoin mining to earn rewards, however, the reduction in block rewards has shifted people’s interest to cryptocurrency exchange development. Businesses and entrepreneurs globally are choosing to create a cryptocurrency exchange platform to enter the crypto market and rake in huge profits. Binance, one of the leading crypto exchange platforms, hit a massive $1 Billion mark in cumulative profit, out of which $183.5 Million was made in Q3 of 2019 alone. The stats reveal that setting up a crypto exchange is a huge opportunity that can be capitalized by crypto enthusiasts looking to start a crypto exchange for revenue generation. If you are planning to make your own cryptocurrency exchange — be it from ground zero or white-label exchange software — ...

A Brief Summary of Crypto Tokens and Reasons to Hire Token Development Services | Antier Solutions

Crypto has been making its presence felt for more than a while now. It all started with the release of Bitcoin with the transactions taking place on a blockchain. Of course, no innovation comes alone, and this case was no exception. New crypto exchanges were es t ablished to allow users to trade the coins and tokens with other users. The crypto market runs similar to the stock market though it is much more volatile in nature. With the success of crypto coins, multinational organizations and young entrepreneurs are busy with   crypto coin development . Businesses are launching new crypto coins that can be traded on crypto exchanges. Let us see a little more about the different types of crypto coins. Types of Crypto Coins As we mentioned above, there are three basic types of crypto coins- Bitcoin - it is the first crypto coin in the market Built on Bitcoin blockchain. Altcoins - these are created as an alternative to Bitcoin and are traded similarly. Ex: Ripple, Tether, etc. Tokens -...

How To Build DeFi Yielding Platform that Guarantees Returns for the Owner?

Crypto finance has matured. It is no more ‘that alternative source’ of making more money. Rather, the mainstream consumption has positioned it alongside the traditional fiat markets. In all honesty, Decentralized Finance (DeFi) protocols have had a significant role in moving the trends from ‘somewhat decentralized’ to ‘total decentralized’ transition of the Blockchain finance products. Understanding Yield Farming — Staking cryptos to make more cryptos To put it simply, it is a practice of investors staking (farming) their crypto assets in a farm (pool) and earning interests (yield) in return. Unlike traditional staking, Yield Farming generates returns faster and can be implemented with less number of investors. Therefore, many upcoming DeFi protocols are written around Yield Framing to attract greater participation. Ideally, a DeFi yielding platform uses open-source and permission-free decentralized apps that provides complete control to the users. This means, no third-party entities o...