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Create Your Own Smart Contract Based MLM Website Like Etrix.io
Explore about how etrix.io works and find how to build a smart contract based mlm website like etrix.io
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- Create Your Own Smart Contract Based MLM Website Like Etrix.io
What is Etrix.io?
Etrix.io - The king of DApps and also a smart contract-based MLM Business website that runs on the Ethereum blockchain network. Concerning the specific algorithm, the application code is written in a way to distribute incoming transfer among participants.
This website has paved the fastest, easiest and risk-free way for you to earn 806 ETH(equals to $112000) every 60 days.
Sounds Great Right!
Before getting into more about etrix.io, let me say why it is a smart contract-based.
Etrix.io - Smart Contract with MLM Structure
Smart Contract is an agreement written in a form of computer code, that helps you to exchange the assets, money or share of anything between two people in a transparent,conflict-free way without any mediator.
The Smart Contract will run on Blockchain, hence the data cannot be changed as it is stored on the public database.
As it has a high potential for extraordinary business growth, every smart contract business has its compensation plan and entry fee.
Wallet Setup
First of all, Ensure that do you have knowledge about Metamask and Trust wallet.
Metamask
Metamask is one of the best and most convenient browser plugin wallets, especially to store and transact an ethereum and ethereum based tokens. This Wallet is more preferable for its easy installation and navigation.
Trust wallet
Trust wallet is a mobile app-based multi-coin wallet, where anyone can store, pay & transact cryptocurrencies. This App is Supported for an Android or iPhone
It’s better to use either Trust wallet App or Metamask extension for automatic payment method.
Etrix.io Matrix System
Etrix.io has two different matrix system, and both the matrixes are working simultaneously
1. Forced Matrix
2. Team Matrix
Forced Matrix
The company forced matrix will follow the complete binary tree structure, where you need to register two people if not you will be rejected. The coming new people will be placed in any next available spot, and no necessity to be placed under you in the tree.
To get the first level commission you need to refer at least 2 people before someone joins in below you in the tree.
Team Matrix
New people coming in the Team matrix will be placed in your team only. To activate the team matrix you need 2 direct referrals. Always remember to stay ahead of your downline, then only you will not lose any commissions.
What will happen if you forget to upgrade a level?
If you miss upgrading the level then the commission will be redirected to your upline of the same line as your partner.
Source: etrix.io
How Etrix.io Works?
Step 1
You need 0.05 ETH to sign up and to get into 1st level in the system. Once you paid the ETH and that will be sent to your upline. Don’t worry you too will get 0.05 ETH when the first person joining below you in the matrix. Because the first Transaction is the Signup process.
Step 2
You can sign into the account only using the Ethereum Wallet number. The password is not needed here since your account is in a smart contract. Any fraudulent activities cannot be done even by the site administrator, as it is a smart contract-based.
Step 3
you will be eligible to receive Commission only when you get 2 direct referrals.
Step 4
Level 1 will get activated, automatically when you signup in the system. The Team matrix will get activated then only when you reach 2 direct referrals.
Step 5
The life span of level, you get activated is about 60 days. If you further want to extend the period of any level, you need to extend the level(i.e you need to repeat it every 2 months)
Step 6
If you have a plan to double your profit, then keep on upgrade to the subsequent level before your downline buys a particular level.
Step 7
This is the step deals with security. The Smart Contract in Ethereum Network makes highly impossible for any unknown person to close your account, to stop payments or make changes to the system. Referrals can be invited without a website and referral links but directly into a smart contract.
Etrix.io MLM Clone Script
Boost up your business with our well equipped and errorless Etrix.io MLM Clone Script. We create an MLM website, that will have a both Forced matrix and team matrix method as that of Etrix.io
List of various MLM Clone Script
Why Bitdeal?
Bitdeal - The highly reputated clone script provider, we have been working with Blockchains, Distributed Ledgers, and Smart Contracts since 2015. We glad to be an encompassing leader in developing various business-centered clone scripts.
Our Ready to change customization features
- Smart Contract Auditing and Reinforcement
- Accessibility of changing fees for each level
- Easily alter leveling and days span
- Various wallet setup
- Alter total earning of ETH
Reach our experts in person to discuss in detail about your requirements on developing a smart contract-based MLM website like etrix.
Disclaimer: We are not the owner of "etrix.io", and are not doing any direct promotional activities for them. Also, we are not doing any business dealing with "etrix.io". We sell only smart contract based MLM scripts. Only for the better understanding and easy identification we use the term "etrix.io".
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