Multi-level Marketing (MLM) is not a new concept. It is being successfully implemented and followed by hundreds of businesses from different parts of the world. Yet, MLM has its issues. Whether it is customers or agents, fraud happens more often than we expect them to occur.
But technology is here to help and comes in the form of blockchain and smart contracts to create a platform that is transparent, secure, and reliable. By bringing smart contracts to the MLM platform, businesses are reducing the risks associated with multi-level marketing while offering the benefits.
MLM has many other names, such as network marketing, direct selling, and referral marketing. It is simply the process of directly selling a product/service to the customers without going through a chain of distributors or retailers.
A smart contract MLM platform is one that is built on a secure blockchain. A Smart contract MLM script can be used to develop smart contracts on the Ethereum blockchain or TRON blockchain and launch a new MLM platform. The platform allows users to earn TRX or TRON, depending on where the smart contracts have been developed.
Instead of building the platform from scratch, you can approach a white label development company to build a smart contract MLM platform for your business.
By using ready to use smart contract MLM software, you can save a lot of time, money, and effort. You can choose compensation plans based on your business model and make changes to the smart contract MLM platform to make it unique to your business.
Why Should You Use Smart Contract MLM Software
There are various advantages of using white label smart contract MLM software to build and launch your own MLM platform, including the following:
- Using existing white label software and customizing it to develop a smart contract MLM platform involves lesser risk.
- The developer company has professionals who are experts at customizing the software. They will ensure that the platform is not just free of errors but is also highly secure and includes the features and services you want to offer to your customers.
- You have the option of choosing between the TRON MLM smart contract and Ethereum MLM contract or going for the hybrid platform. We see new businesses opting for the hybrid platform as it gives them more opportunities to attract customers with varying crypto preferences.
- You don’t have to recruit a new team of developers to build, launch, and maintain the smart contract MLM platform. The developer company will take care of everything.
- With such ease of launching your platform, you can easily increase your ROI and get better results from your business.
- Since the crypto market is expanding and growing across international borders, your business will gain more visibility in the market.
- A smart contact MLM platform attracts more users as they know that a blockchain platform is more secure compared to other platforms. With an increase in demand for crypto coins, people are eager to try businesses that offer them a chance to earn in crypto without risking their bank accounts.
- In short, you get to earn more by investing a lesser amount of money in launching the smart contract MLM platform, that too, without taking much risk.
- The chances of the platform having glitches or errors are very less since you will be using a ready-to-use smart contract MLM software to launch your MLM platform.
- The processes are automated on the platform, making it easy for the admin (you and your team) to monitor the transactions and keep track of them.
Launch Your Own Smart Contract MLM Platform
At Antier Solutions, we can help you launch your Bitcoin, Ethereum, or TRON smart contract MLM platform. We specialize in providing white label solutions for smart contract based MLM platforms, and at the same time, we can build a custom MLM platform from the ground up.
Schedule a free demo of our white label smart contract based MLM solution or connect with our subject matter experts to share your needs for a custom platform to be built from scratch.