Decentralized MLM merges the traditional multi-level marketing principles with decentralized tech like blockchain, helping industries grow by eliminating intermediaries and assigning every participant equal priority and authority.
Adopt the boundless spirit of Decentralized MLM, where ambassadors of innovation unite to spread offerings like wildfire, inviting a new era of unlimited opportunities.
In decentralized MLM, authority disperses among nodes, not centralized, entrusting participants’ involvement and data control.
Decentralized MLM pulls blockchain’s transparency, viewable transactions, payouts, and interactions, ensuring trust and openness.
Decentralized MLM boast 100% security via blockchain’s algorithms and consensus mechanisms, minimizing fraud and unauthorized alterations.
Selfless smart contracts distribute commission, recruit, purchase, and more, ensuring consistency through immutability.
Multi decentralized MLMs adopt in-house blockchain tokens, signifying ownership, value, or participation, tradable per activities and achievements.
A variety of network marketing models address distinct compensation structures and align with individual participant preferences.
Network Marketing counts Single-tier, two-tier, and multi-level structures, among a range of others.
In the single-tier network marketing model, individuals join a company's affiliate program to directly promote and sell products or services.
Recruiting other distributors is unnecessary, and compensation solely relies on direct sales performance.
In the two-tier network, salespersons earn direct sales commissions while also gaining incentives for recruiting additional tiers.
Indirect commissions are commonly confined to a two-tier structure, encompassing salespeople within those specific tiers.
Multi-level Marketing (MLM) revolves around individuals promoting products through word-of-mouth and direct sales to the public.
The core concept involves building a vast distributor network to maximize reach and exponentially grow the sales force.
In the binary plan, distributors have two frontline positions and can build two legs of the organization.
Commissions are based on the balanced volume between these two legs, encouraging distributors to support both legs equally.
In the Unilevel Plan, distributors can sponsor unlimited frontline distributors. There are no width limitations, and everyone is on the same level.
Compensations are often paid based on levels, and distributors earn from the sales of their downline members.
In the Matrix Plan, distributors can only sponsor a limited number of frontline distributors, creating a forced matrix structure.
Commissions are typically based on the width and depth of the matrix, which promotes teamwork and spillover effects.
In the Stair-step Breakaway plan, distributors start at the bottom of a "stair-step" commission structure.
As they achieve specific sales volume and recruitment targets, they "break away" from their upline and become independent leaders.
The Party Plan revolves around distributors hosting and promoting product parties or gatherings where attendees can purchase directly or join the MLM as distributors.
Compensations will be equipped based on the party sales and the success of recruitment efforts.
The Board MLM Plan compensates distributors for achieving milestones based on the work in a team or board structure.
New distributors will be added to the bottom of the board, and as the board fills up, it splits, and the top distributor moves to the higher board.
The Generation plan rewards distributors according to hierarchical generations within their downline, based on rank or performance benchmarks.
As a distributor achieves higher ranks, they can earn rewards on multiple generations in their team, promoting leadership and synergistic collaboration.
In the Monoline or Linear plan, each distributor is placed in a single line, and all sales made by the downline are attributed to the distributor at the top.
As the network expands, the distributor at the pinnacle level witnesses a corresponding surge in earnings.
The Differential Plan is a compensation strategy that rewards distributors based on the sales and recruitment performance of their downline members.
It encourages teamwork, motivates distributors to mentor their team, and ensures balanced emphasis on both individual efforts and team collaboration.
A Custom MLM Plan is tailored to fit the specific needs and goals of a business, offering flexibility, allowing companies to design their compensation structure, rewards, and bonuses according to their unique requirements.
This enables businesses to align their MLM strategy with their products, target audience, and growth objectives, maximizing the potential for success and profitability.
With dApp development solutions, we will develop decentralized applications that facilitate MLM operations without a central authority.
This counts trustless transactions, transparent reward distribution, and so on, just like a complete business process app to enhance security and fairness.
Smart contract development involves creating selfless contracts to automate MLM processes, including commission payouts, downline management, etc.
Trust the codes; it will ensure transparency and eliminates any mediators, making the MLM system more efficient and fraud-resistant.
Token creation and management will issue and oversee digital tokens used for various purposes within the MLM ecosystem, including rewards, incentives, voting rights, etc.
These tokens provide a seamless and transparent way to distribute rewards, track participation, and incentivize network growth, fostering a thriving MLM community.
User Wallet Integration involves integrating digital wallets for participants to store, send, and receive Digital Assets or tokens.
These deep-down secured wallets will simplify reward distribution and commission payments and enhance the overall MLM user experience.
Integration of Payment Gateway merges a secure and efficient system for processing payments in various Digital Assets or tokens, supporting multi-payment gateways.
It eases commission payouts, membership fees, and product purchases, enhancing the user experience and encouraging wider adoption of the decentralized MLM platform.
Project criteria, theoretical use cases are identified
Validate the concept and demonstrate the core features.
Fully functional product, released for users in the market
SRS Document Feasibility report
No code project development
Fully operational offering
Pre- stage
Completion of Prototype
Project live
Verify the tech feasibility of the project
Demonstrate project design & work flow
Functionality released in market & gain profits.
Feasibility assessment framework (TELOS)
MVP Experiment Canvas
Agile Framework
1-2 weeks
3-4 weeks
4- 12 weeks
| Process | (POC) Proof Of Concept | (MVP) Minimum Viable product | (PD) Project Deployment |
|---|---|---|---|
| Concept | Project criteria, theoretical use cases are identified | Validate the concept and demonstrate the core features. | Fully functional product, released for users in the market |
| Deliverables | SRS Document Feasibility report | No code project development | Fully operational offering |
| Product Maturity | Pre- stage | Completion of Prototype | Project live |
| Feasibility | Verify the tech feasibility of the project | Demonstrate project design & work flow | Functionality released in market & gain profits. |
| Framework | Feasibility assessment framework (TELOS) | MVP Experiment Canvas | Agile Framework |
| Timeline | 1-2 weeks | 3-4 weeks | 4- 12 weeks |
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