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What does MLM mean?

Multi-Level Marketing, abbreviated as MLM is a marketing strategy or business model in which marketing of products or services occurs directly with a network of autonomous representatives and hence MLM is also called network marketing, referral marketing, and pyramid selling.

What is a Smart Contract based MLM Business?

A Smart contract based MLM business is a multilevel marketing business that runs on the principles of Smart contracts. Here the MLM business is integrated with Blockchain powered Smart Contract functionality which makes MLM an efficient marketing model.

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