Million Money Smart Contract Explained

What is Million.Money?

Million.Money is a recent smart contract based MLM Business website that runs based on ethereum smart contracts. This website guarantees that joining million.money can afford an MLM member to acquire 1500 ETH every 100 Days.

How Million.Money Works?

The core business model of Million.Money is Multi-Level Marketing but inspite of following traditional MLM, this website follows smart contract based MLM. This website claims that the distribution of incoming transfers among participants is run under a specific smart contract algorithm written on the ethereum blockchain.

Also, the website claims that there is no administrator, hence it is fully decentralized, under the smart contracts. No one has the rights, or privileges or access to delete and manage the uploaded smart contract coding.

The Compensation Plan Of Million.Money

The compensation plan works based on the Binary Plan. As the downline increases, you will be paid by the members. So, to join in the tree, one should buy a level from the affiliates. The purchase cost differs based on the level.

Simply saying this is a 2X5 matrix gifting scheme. So, the scheme is designed to generate a new cycle after every five levels, and each level will be expanded by subscriptions of two new members at each node.

Pros and Cons of Million.Money

Pros

Completely Decentralized – No Admin Can Control Money

Easy Downline Making & Network Creation

Real-Time Payout

Members can view the process and the level where they are

Secured under Smart Contracts

Cons

No assurance for the permanency of the website

Risk Happens If not properly monitored

If you missed out to buy level on time, then it will go up to the upline.

No proper details about the owner.

Originally Published at : Million Money Clone Script – A Key To Start A Trusted Smart Contract Based MLM Business