To start a new project or business, you should need a proper plan. When it comes to Binary MLM or a gifting scheme, you are free to choose the flow of the business. There are a variety of MLM types. Usually cryptocurrency mlm is a lucrative money earning option for all the users. So, if you believe your business idea can bring more users, then you should thing how to keep those users inside a cycle system, so that you can save your business from draining. So, on behalf of bitdeal, here i just want to share with you the business plan to start a smart contract mlm like double way.
Business Plan To Start a Smart Contract MLM Like Doubleway
Focus on how the smart contract MLM is going to differ from the others in market.
Give a strong shot of description, which should guarantee the people, that they can earn certain “XXXX” ETH or any other, within a particular fixed period.
Fix the nature of the crypto earning system. Which means fix the flow in which a member can move towards the final level to earn his crypto’s entitled by the system.
Inject the proper math algorithm which could bring more profit, which in turns makes the entire system highly lucrative.
Decide whether it is going to be binary level, unilevel, or whatever.
Get a proper smart contract development and auditing support from a technology partner like bitdeal.
Be clear about how you are going to bring all the above ideas into the smart contract.
Find a technology partner who can assist you in smart contract development, and auditing for MLM.
Go Live when everything is satisfied.
Hope you understand how to start a smart contract MLM like Doubleway., In the previous article we have explained what is doubleway, you can check it out here : what is doubleway smart contract?
Originally published article : doubleway clone script