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Decentralized MLM on Ethereum

Smart Contract-Based MLM’s are Decentralized MLM that is deployed on the Ethereum blockchain. Since Ethereum is open source it gives open access for developers to leverage its smart contract technology and customize it for developing custom dApps. The Ethereum smart contracts deployed for dApp to create an MLM network will carry out all the processes of an MLM Platform from registration, rewards, matrix table execution to the payment process.

Elevate Your MLM Business with decentralized smart contract on Ethereum Blockchain

Decentralization

Decentralization means simply to take away the power from the central authority. Bitcoin, the first cryptocurrency was designed as an independent alternative and a form of currency exchange making its usage more efficient and democratic in nature. The underlying technology behind it, the blockchain is the reason for its decentralized usage since it offers its users an opportunity to become the network’s payment processor.

Smart Contract

A smart contract is a transactional protocol in the computer program which automatically executes, controls, and documents legally relevant actions according to the terms of the contract. By excluding the involvement of a third party it helps with lowering the transaction prices. Smart contracts are implemented in most of the cryptocurrencies to control the transfers of digital currency and establish governance.

Multi-Level Marketing - MLM

Multi-Level Marketing (MLM) is a unique method of selling a product or service for everyone who is interested in joining the network. With this technique, one can easily tip the sales and expand the workforce simultaneously for earning profits.

90% of consumers trust in brands recommended by their near and dear ones. Refer-a-friend campaigns help brand’s gain trust since the referrers have already tested the product or service before referring them to their friends within the network. Increase the opportunity to reduce costs and create efficiency by creating a win-win situation for the business and the customers where there is infinite earning potential.

Multi-Level Marketing (MLM) is a unique method of selling a product or service for everyone who is interested in joining the network. With this technique, one can easily tip the sales and expand the workforce simultaneously for earning profits.

Harness the Power of Ethereum Smart Contract for Decentralized MLM

DECENTRALIZED MLM ON ETHEREUM BLOCKCHAIN

Ethereum is an advanced blockchain which allows its users to create decentralized applications (dApps) using smart contracts. This gives Ethereum flexibility and ingenuity to solve complex problems.

Blockchain is an independent solution that is easily blended with different technologies. Its combination with MLM is reaching different token users and MLM aficionados. The onset of the Ethereum-based Dapps is an idea that is in its incipient phase and it is gradually gaining momentum among entrepreneurs who seek innovative and unique ideas to establish their brand. This winning combination of cutting-edge technology and progressive marketing is the key to making a highly profitable business.

The innovation in blockchain technologies opens the doors to new futuristic opportunities. It’s decentralized and trustless nature offers transparency, enhanced security, and traceability which is the icing on the cake.

Use blockchain to power up your business since they are not only limited to the exchange of cryptocurrencies, but there are numerous benefits that this technology can present to businesses because of its distributed and decentralized nature

The Ethereum network is one of the largest and most used blockchain networks. Transforming MLM business into a decentralized ecosystem, using smart contracts on Ethereum will help with greater efficiency among complex business statuses and interactions.

Ineffectiveness in traditional MLM model

Ineffectiveness in traditional MLM model

Lack of trust

MLM projects are built on trust and usually face challenges and usually rejections to build their teams.

Ineffectiveness in traditional MLM model

Lack of transparency

Conventional MLM model fails to provide transparency on multiple factors i.e. detailed information and transactions between the users.

Ineffectiveness in traditional MLM model

Mutable Business Logic

The Conventional MLM business fails majorly due to the possibilities of inconsistent and alterable business logic due to the control over the source code which usually leads to losing the earning potential for the users.

Ineffectiveness in traditional MLM model

Lag in transactions

Transactions, when compared to the human-driven system or settlements based on real-time creates a lag in the execution of the compensation for the users.

Solutions offered by DigiXHub

Solutions offered by DigiXHub against ineffectiveness in traditional MLM model

Trust

Blockchain lends trust to MLM companies’ offerings and gives users the confidence to invest in an MLM project

Solutions offered by DigiXHub against ineffectiveness in traditional MLM model

Greater Transparency

Blockchain’s greatest characteristic stems from the fact that its transaction ledger is accessible to everyone on the network.

Solutions offered by DigiXHub against ineffectiveness in traditional MLM model

Immutability

Blockchain is formed by a very complicated string of mathematical numbers which cannot be altered. This immutable and incorruptible nature of blockchain makes it completely hackfree which gives it a unique quality of being ‘trustless’.

Instant Transactions

The peer to peer nature of blockchain eliminates human-driven operations resulting in an efficient real-time transaction with instant settlements.

TOP FEATURES OF OUR DECENTRALIZED MLM ON ETHEREUM

Decentralization at its core brings capable solutions to the pain points that can create the best of MLM projects
UI - UX Gradient Image

Intuitive UI/UX

Our user-friendly interface helps you to create a unique identity for your dApp application providing ease of access for your users.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

dApp Testing and Quality Assurance

Smart contract auditing allows analysis of dApp applications’ to correct design issues, errors in the code, or security vulnerabilities providing testing and quality assurance.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

High TPS( Transaction Per Second) Capacity

The transaction speed is adequate for most of the dApps to perform efficiently with 6 min per transaction whereas transactions per second are 25 trx/sec.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

Scalability

Ethereum protocols in the Ethereum dApps application offer high scalability and allow customers to fulfill the growth of their business.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

Optimized & Secure Smart Contracts

The smart contract for dApp is optimized with gas-saving patterns, explicit function visibility, proper data types, and security enhancement for prime level security.

Integration Cloud and Self Hosting Gradient

Custom Integrations

Smart Contract used for developing dApp gain the ability to connect tokens or any API by integrating with Chainlink oracles.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

Autonomy

Smart contracts eliminate the need of a broker, lawyer or other intermediaries which eradicates the manipulation or err by a third party.

TOP FEATURE OF OUR DECENTRALIZED MLM ON TRON

Trust

Blockchain builds trust through cryptography, consensus, and ownership right is stored in the distributed network to the participating parties’ real-time.

TOP FEATURES OF OUR DECENTRALIZED MLM ON TRON

Accuracy

Automated contracts can be pre-programmed with utmost accuracy for a faultless delivery, while simultaneously saving time and money.

OUR DECENTRALIZED MLM ON ETHEREUM BLOCKCHAIN IS FOR EVERYONE

DigiXHub offers you premium top-notch services so your business can get the best of decentralized MLM. Our team of experts will power your business and take it to the top pedestal by using this futuristic technology. Our developers have adapted and become subject matter experts and can provide you with the most profitable Ethereum dApps as per the values and requirements of your business so as to reap maximum financial rewards. Our secured services will not burn a hole in your pocket and we will ensure to gain your trust in building a long-lasting business relationship.

LEARN ABOUT YOUR DECENTRALIZED MULTI-LEVEL MARKETING APPLICATION DEVELOPMENT JOURNEY

We go beyond limits to turn your ideas into effective deliverables that are both scalable and reliable. We leverage our experience in the industry and follow a specially designed development process. Our tailored process meets with the industry standards and also help you achieve your business goals fast.

REQUIREMENT GATHERING

  • Brainstorm idea and business requirements
  • Identify any existing system migration to Distributed Ledger
  • Prioritize use cases in “Fail fast”, “MVP” & “v2.0”
  • Define off chain & on chain business entities
  • Define technical component
  • Roadmap of the product

Team Members

  • Solutions Specialist
  • Technical Lead
  • UX Lead
  • Business Analyst
  • BlockChain Consultant

Deliverable

  • NDA
  • Design Sample
  • Presentations
  • Use Cases
  • Off-Chain & On-Chain Data
  • Presentations

Visual & Technical Design

  • Create User interface design for each software component
  • Design technical Architecture
  • Create Data Flow diagrams
  • Identify the level of focus on Optimization and Security
  • Document technical GDPR compliance requirement
  • Smart Contracts Definition Document
  • Create sprints and delivery milestones

Team Members

  • Business Analyst
  • Solutions Specialist
  • Technical Lead
  • UX Lead
  • BlockChain Architect
  • Developers

Deliverable

  • Flow diagram
  • System blueprint
  • Block definitions
  • Design assets
  • UI Razor prototype

Development

  • Pre-alpha
  • Alpha
  • Beta
  • Release Candidate
  • Production

Team Members

  • Developers
  • Quality Assurance
  • Team Leads
  • Scrum Master
  • Technical Architect

Deliverable

  • Source code
  • Smart Contracts
  • Builds
  • Test Blockchain Deployment

Deployment

  • Mainnet Smart Contract Deployment
  • Provisioning
  • Security Implementation
  • Cloud deployment

Team Members

  • DevOps
  • Quality Assurance
  • Delivery Manager
  • Scrum Master
  • Technical Architect
  • Team Leads
 

Deliverable

  • Application Source code
  • Smart Contracts
  • Builds
  • Client Application
  • Application Training and Documentation

Upgrades

  • Regular Updates
  • Security Fixes
  • Bug Fixes
  • Backlog prioritization

Team Members

  • Developers
  • Quality Assurance
  • Team Leads
  • Scrum Master
  • Technical Architect

Deliverable

  • Upgrades Smart Contracts
  • Deployment of New Release
  • Training and Release Documentation
TechnologiesWe Use

WANT TO TAKE A CLOSER LOOK?

Looking for a dApp development partner? Look no further. Connect with DigiXHub
today for outstanding strategies and cost-effective methodologies to develop
Ethereum dApps. With our seamless service we promise to benefit your
business like you would have never experienced before.
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