“The richest people in the world look for and build NETWORKS, everyone else looks for work” ~Robert Kiyosaki
Multi-Level Marketing is a huge business, not only its structure promotes new recruits but the legitimate network market firms are embracing much more opportunities gradually through their referral systems. But this precious concept is being considered as unpopular and notorious due to some important factors that are plaguing the roots of these systems.
According to Vander Nat and Keep (2002), most of the unethical MLM schemes have many of the same characteristics as legitimate multi-level marketing organizations. However, when it comes to trust-based model there are always some weak points and thus, the bad actors within the pyramid structure exploits the system causing prominent amount of nuisance among the users.
So what should be done in reviving the good reputation of multi-level marketing?
Blockchain technology is the solution!. The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
When everything is transparent and secure there is no chance of bad actors to exploit the system within the structural pyramid of multi-level marketing. Thus, giving users the very best opportunities and experiences they could have through the multi-level marketing system
DDK is a state of the art platform which provides rewards distribution system that incentivizes its users on the basis of the effort, they invest into building and strengthening this crypto based network. It’s a win-win situation, since users will get greater rewards against greater network. At the same time it grants the regulation of DDKoin as standard medium of exchange.
We have employed a simplistic mechanism for rewarding the users
“The larger the network, the higher the rewards”
Giving rewards plays a significant role in our community because it creates an incentive for all of the community to participate and contribute to the security, productivity and longevity of the DDK platform. It is the active participation of the community that empowers the platform to operate and continue eﬀectively. DDK incentivizes its community members with multiple types of rewards such as,
- DDKoin holder/ Stakeholder reward
- Overriding reward / referral system reward
- Delegates reward
DDK aims to revolutionize the globe through blockchain technology and there is much more to be seen in the future