What is Doubleway Smart Contract ? How It Works?

As claimed in their official website, doubleway.io is a binary acceleration matrix project, which runs on ethereum smart contract. Moreover, the doubleway is the dark side of cryptohands.org. Whereas the CryptoHands is the first launched blockchain project of this tie up. They have two different smart contract projects for different purposes. Both websites claim there is no admin, and both systems are fully decentralized.

The official website claims, doubleway.io has been launched with the goal of solving two major problems.

CryptoHands Is designed as a one time investment project for many years. So the user could face a long pause after getting an income by completing a level. Doubleway can fill those long pause and can balance with crypto hands. Users always like to earn repeat income, so with the support of doubleway cryptohands members can also directly join to doubleway. Hence, we can come to a conclusion, both the cryptohands.org and doubleway.io balancing each other to keep the users inside a community.

How Doubleway Smart Contract Works ?

Doubleway smart contract works based on the 2X8 binary matrix, whereas the smart contract controls every matrix operation, from members registration to all the payment processing. The Gifting scheme doesn’t offer any product/service to anyone,instead it encourages people to earn more crypto’s by referring other people into the network. The Network grows exponentially from one person as below.

​There are totally 8 levels, the first level completes when two people join directly under a member. To enter the first level a member should pay 08.ETH.

And to enter level 2 one should pay 0.16 ETH, and the members in level 2 will get doubled in count. There will be 4 members in level 2 . Like this upto 8 levels, the network will grow exponentially, by doubling the members counts at each level. At last in 8 th level there will be 256 members. Based on this the official doubleway website claims, the affiliate who is in top could earn 2621.44 ETH at 8 th level and totally 3500 ETH from all the levels in 64 days.

Level 1: Pay 0.8 ETH and Earn Profit of 0.16 ETH From Two Referrals
Level 2: Pay 0.16 ETH and Earn Profit of 0.64 ETH From Four Referrals
Level 3: Pay 0.32 ETH and Earn Profit of 2.56 ETH From Eight Referrals
Level 4: Pay 0.64 ETH and Earn Profit of 10.24 ETH From 16 Referrals
Level 5: Pay 1.28 ETH and Earn Profit of 40.96 ETH From 32 Referrals
Level 6: Pay 2.56 ETH and Earn Profit of 163.84 ETH From 64 Referrals
Level 7: Pay 5.12 ETH and Earn Profit of 655.36 ETH From 128 Referrals
Level 8: Pay 10.24 ETH and Earn Profit of 2621.44 ETH From 256 Referrals

Total Profit 3495.2 ETH in 64 days and 20971.2 ETH Per Year.

Originally Published at : Doubleway Clone Script