Multi Level Marketing Addon For Bicrypto
Multi Level Marketing Addon For Bicrypto. Are you looking for a way to increase your profits in the cryptocurrency market? Look no further than the multi-level marketing (MLM) addon for Bicrypto. In this article, we’ll explore what MLM is, how it works in the cryptocurrency world, and how the Bicrypto MLM addon can help you take your profits to the next level.
What is Multi Level Marketing?
Multi-level marketing, also known as network marketing, is a business model that involves recruiting people to sell products or services and earning a commission on their sales. This business model has been around for decades and has been used by companies in various industries, from beauty and wellness to home goods and financial services.
In MLM, there are typically multiple levels of distributors, each of whom recruits their own network of distributors. Commissions are paid out based on the sales made by these networks, creating a pyramid-like structure.
MLM in the Cryptocurrency World
The MLM model has also made its way into the cryptocurrency world. MLM companies in this space offer various products and services, including trading signals, mining equipment, and educational courses. These companies recruit people to become affiliates and earn a commission on their sales.
While MLM in the cryptocurrency world has been met with some controversy, there are legitimate MLM companies that operate in this space. The key is to do your due diligence and thoroughly research any MLM opportunity before investing your time and money.
Bicrypto MLM Addon
Bicrypto is a cryptocurrency trading platform that offers a unique MLM addon. With this addon, users can earn commissions by referring others to the platform. These commissions are paid out in Bitcoin or Bicrypto’s own token, BCT.
The Bicrypto MLM addon operates on a three-level structure. When you refer someone to the platform, you earn a commission on their trades. If they refer someone else, you earn a commission on that person’s trades as well. This structure continues for three levels, creating a powerful network of affiliates that can help you earn even more commissions.
Benefits of Using the Bicrypto MLM Addon
There are several benefits to using the Bicrypto MLM addon. First and foremost, it can help you increase your profits in the cryptocurrency market. By referring others to the platform, you can earn commissions on their trades and build a powerful network of affiliates.
In addition, the Bicrypto MLM addon is easy to use and integrates seamlessly with the Bicrypto trading platform. You can track your commissions and referrals in real-time and withdraw your earnings at any time.
How to Get Started with the Bicrypto MLM Addon
Getting started with the Bicrypto MLM addon is easy. Simply sign up for an account on the Bicrypto platform and navigate to the MLM section. From there, you can generate your referral link and start sharing it with others.
You can also take advantage of Bicrypto’s marketing materials, which include banners, landing pages, and email templates. These materials are designed to help you promote the platform and increase your referrals.
Conclusion
The Bicrypto MLM addon is a powerful tool for anyone looking to increase their profits in the cryptocurrency market. By referring others to the platform, you can earn commissions on their trades and build a network of affiliates that can help you earn even more. With its easy-to-use interface and seamless integration with the Bicrypto trading platform, the MLM addon is a must-have for anyone serious about making money in the cryptocurrency market.
Support contacts
- if you have any inquiries please send us a ticket here:
- Note: this addon needs bicrypto to work
Made with:
- Laravel
- Vue
- JS
- PHP
- Livewire
Documentation:
- Included in the installation folder
Demo User:
- Link: Frontend
- Link: Register
Demo Admin:
- user: demoAdmin
- pass: 123456
Requirements (minimum):
- A Knowledge in running a server or any hosting with ssh
- A Knowledge in copy and paste codes we add-in update description
- Having time to read the documentation
- PHP +7.4
- Composer +2
- Server with SSH that has Permissions, not shared server without any permissions
Requirements (Recommended):
- Clean Ubuntu 20
- Virtualmin + Nginx + PHP FPM
- Composer 2.2.5
- Unmanaged VPS with root access
Security Notes:
- After support inquiries that requires debugging any internal issues in your VPS, you always have to secure and change your credentials for security and never share them with any thirdparty
- If you use an unauthorized version and face any issues/errors or face security issues then we are not responsible for that.
ChangeLog
Version 1.4.3 - Nov 25, 2022:
- added mailing template on deposit and withdrawal of membership and withdrawal of BV
- patched trade commission required if all methods are disabled on rank update
- patched deposit with hash only show an undefined error
- patched community line calculation if the admin wants to set its clients to 0 instead of disabling the community line
- patched 7th rank in the network tree for unilevel system
- patched MLM distribution for community line and unilevel system
- patched MLM distribution for bot investments
- completely reworked coding and compacted over 1000 lines into 40 for faster processing and easier modification
- minor patches in the calculation of the percentage
Version 1.4.2 - Nov 12, 2022:
- integrating purchase of token with MLM membership upgrade token so admin can pay the ico purchase using ecosystem private ledger with the distribution of BV with the amount paid with community line and membership activation and upgrade upon deposit
- added indicator for network tree to show which downline has active membership or rank
- added ability to set membership upgrade terms from the platform manager
- added ability to select the main wallet if the client has ecosystem enabled in the membership upgrade
- if no membership is active then the upgrade will show as Become an affiliate
- added ability to completely disable BV distribution if the client doesn't have active membership if the membership system is enabled
- added a nested tab for MLM in the platform manager for easier control
- added integration of eco into MLM membership upgrade
- added a new deposit method for MLM for the immediate transaction of tokens for membership upgrade without the need to pay fees by direct transfer from the main wallet to the token ledger account
- community lines to give bv to a client other than the client who does the deposit for membership or withdraws of bv
- added ability to set fees amount for the admin from all deposits or withdrawals of active membership clients
- disable withdraw if only membership can earn option is enabled
- community line will activate only if a deposit of the client is above the minimum required by rank 0 of membership ranks to make sure the client doesn't abuse the community line order number and earn bv while he part of the highest community order id
- add an option to show the direct deposit button by ledger only if the membership token is one of the enabled tokens in the ecosystem
Version 1.3.7 - Nov 2, 2022:
- added admin notification on deposit and withdrawal
- coomunity line now give bv on deposit of membership in unilevel system and withdrawal of MLM earning
- patched deposit amount of membership if no deposits were made before
- patched next rank of membership if client dont have rank yet
- added minimum deposit amount as minimum required deposit of first rank to activate community line and membership
- patched refer card texts to be same reward as set in mlm reward amount
- auto hide commission methods from rank commissions card if they not set or disabled
Version 1.3.4 - Oct 11, 2022:
- added 2 extra unilevels
- added control over which level to be active
- added community line system
- added ability to set the number of community lines to earn bv after deposits
- added ability to select deposit, withdraw currency
- added membership system
- added new cron for VIP ranks
- added total deposit, total bv earned marker
- added all methods of earning bv on the network page for users
- added VIP ranks to unilevel the system
- added direct referral requirement to rank VIP
- increased the latest commissions list to 30
- added membership timer to disable membership if the client didn't earn any bv for a set time
- added grace timer to notify the client if he didn't earn any bv for the set timer
- added the ability to add a custom deposit wallet
- added VIP ranking in the membership system to the network page for clients
- added requirements checking card to identify what is next needed for the client to get ranked
- added MLM deposit logs
- added MLM bv logs
- added ability to set the network of the custom token
- added ability to approve memberships deposits or cancel them
Version 1.3.1 - Sep 12 2022:
- added MLM system manager
- added MLM commission earning methods controller to enable/disable how clients earn BV
- added daily MLM commission earning method to allow clients to earn BV on daily bases from their referrals subscriptions and investments
- added a new card to show how much the client can earn daily BV
- added a new unilevel MLM system
- added a method to set the minimum to unlock withdraw
- added a new tree generator for the unilevel system
- added MLM support to staking
- added earning method to 5 uplines on unilevel system
- added a new cron for the daily earning of MLM commission
- added a method to hide any not wanted MLM earning method from settings completely from platform manager for easy management
- added database cleaner for completed MLM crons.
- patched commission on deposit
- added unilevel 5 levels commission to bot investment
- added unilevel 5 levels commission to staking
- added unilevel 5 levels commission to forex investments and deposits
- added unilevel 5 levels commission to token ico purchases
- added unilevel 5 levels commission to deposits
- added a method to automatically disable the first deposit commission and active referral commission on unilevel system
- auto hide all referrals card in unilevel system as the tree will take care of that
- auto hide business level in unilevel system as ranking only occurs in a binary system
- enhancements of network page card preview
- changing active referral card to trading commission card
Version 1.2.0 - March 6, 2022:
- Boosted Speed by disabling loading of Referral system if MLM is disabled
- Patched Commission log to show Business value Properly
Version 1.1.0 - Jun 3, 2022:
- Upgraded to Vue js
Version 1.0.0 - March 6, 2022:
- Initial Release
Is MLM in the cryptocurrency world legal?
Yes, MLM is legal in the cryptocurrency world, but it is important to thoroughly research any MLM opportunity before investing your time and money.
How does the Bicrypto MLM addon work?
The Bicrypto MLM addon works by allowing users to refer others to the platform and earn commissions on their trades. The addon operates on a three-level structure, allowing users to earn commissions on the trades made by their direct referrals, as well as the referrals of their referrals.
What types of commissions can I earn with the Bicrypto MLM addon?
With the Bicrypto MLM addon, you can earn commissions on the trades made by your direct referrals, as well as the referrals of your referrals. These commissions are paid out in Bitcoin or Bicrypto’s own token, BCT.
Is the Bicrypto MLM addon easy to use?
Yes, the Bicrypto MLM addon is easy to use and integrates seamlessly with the Bicrypto trading platform. You can track your commissions and referrals in real-time and withdraw your earnings at any time.
Can I use the Bicrypto MLM addon to promote other products or services?
No, the Bicrypto MLM addon is specifically designed to promote the Bicrypto trading platform. If you are interested in promoting other products or services, you will need to find a different MLM opportunity.
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