MLM is Awesome, and the worst of marketing all packed into one single simple idea.... where one person loses their cash the other gains it.
so you are on one side of the fence or the other. "if participating"
even bitcoin at times is considered MLM to those who dont understand it and just like MLM btc has made alot of people rich and alot very poor and even sent many to jail.
be careful with your cash and remember it is your responsibility over your money!
dont go to the ocean and you wont get bit by a shark
dont go to the forest and you wont get eaten by a bear
be careful and vigilant
and most of all take your own responsibilities over your own actions!
Topic: Altcoin Magazine: New Trend In Crypto - Marketing & Earning On Smart Contracts - page 2. (Read 353 times)
September 06, 2019, 07:29:02 AM
September 06, 2019, 05:36:50 AM
Multilevel Marketing is not an evil by itself. It just been used so many times to cheat and scam people. Like an ICO, is not necessarily a bad thing, but many scammers used it to make quick money. Many "legit" businesses and financial schemes work like a pyramid: lending, bonds, banks, investments, etc. So, an MLM is just a marketing tool to promote your product or service. From the other hand, many people have joined MLM's hoping to make money quick without really doing anything (same for ICOs, Gambling, Lottery, and so on) and when they don't make money, they just call it a scam or a pyramid. In this article, we just describe a new trend on the Multilevel Marketing Industry, where new and old technologies are combined.
In MHO, the best thing of these platforms is that you are always on control of your funds, and is up to you to refer people and earn money. The contract is on the Blockchain and can't be modified, nobody can take your money and change the rules, and nobody is trying to cheat anybody here. And everything is transparent, you can check anytime any wallet participating in the platform, including the ones from the creators and the smart contract itself (which is always 0 btw).
Personally, I think this is much better than gambling, per instance, or a lottery, where everybody losses his money and just 2 or 3 win something (if it is a legit one of course). In this kind of platforms, it depends on your effort actually. So, everything is on the table, people can see, do their research and decide by themselves if they want to participate in something like this.
In MHO, the best thing of these platforms is that you are always on control of your funds, and is up to you to refer people and earn money. The contract is on the Blockchain and can't be modified, nobody can take your money and change the rules, and nobody is trying to cheat anybody here. And everything is transparent, you can check anytime any wallet participating in the platform, including the ones from the creators and the smart contract itself (which is always 0 btw).
Personally, I think this is much better than gambling, per instance, or a lottery, where everybody losses his money and just 2 or 3 win something (if it is a legit one of course). In this kind of platforms, it depends on your effort actually. So, everything is on the table, people can see, do their research and decide by themselves if they want to participate in something like this.
September 06, 2019, 04:55:49 AM
Some of us are not comfortable with the word "MLM" that can explain why someone has triggered yellow warning to your profile. A lot of people has been hurt by MLM, just like HYIP and other similar schemes.
What you are promoting is called Pyramid Scheme, except I am not getting you right? Maybe you can take enough time to convince members of this community, and explains things better if you think that yours is legitimate. But I doubt if MLM can ever be seen as legitimate and "Ok" scheme. That's MHO.
What you are promoting is called Pyramid Scheme, except I am not getting you right? Maybe you can take enough time to convince members of this community, and explains things better if you think that yours is legitimate. But I doubt if MLM can ever be seen as legitimate and "Ok" scheme. That's MHO.
September 06, 2019, 04:13:37 AM
The MLM Industry is discovering a new way to build Multilevel Marketing Structures based on the Blockchain.
The main PLUS of these platforms is that they are MACHINE CONTROLLED, no human factor involved, no admins, no bankers, etc. The structure is built on a Smart Contract on the Blockchain and it CAN’T be deleted or modified.
The payments are always between the users, P2P, the contracts just function like a “corridor” for the transactions.
So, the people who join these projects or platforms can be 100% sure that nobody will take their money and run away. The payments go straight to their wallets. The balance on every Smart Contract is ALWAYS ZERO. No need to “request” payments or dividends. The website is just a Panel to visualize the structure. Scam, by default, it’s not possible.
Read more: https://medium.com/altcoin-magazine/new-trending-in-crypto-multilevel-marketing-on-smart-contracts-9cdaedeab6e1
The main PLUS of these platforms is that they are MACHINE CONTROLLED, no human factor involved, no admins, no bankers, etc. The structure is built on a Smart Contract on the Blockchain and it CAN’T be deleted or modified.
The payments are always between the users, P2P, the contracts just function like a “corridor” for the transactions.
So, the people who join these projects or platforms can be 100% sure that nobody will take their money and run away. The payments go straight to their wallets. The balance on every Smart Contract is ALWAYS ZERO. No need to “request” payments or dividends. The website is just a Panel to visualize the structure. Scam, by default, it’s not possible.
Read more: https://medium.com/altcoin-magazine/new-trending-in-crypto-multilevel-marketing-on-smart-contracts-9cdaedeab6e1
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