BEFORE YOU READ PLEASE NOTE THAT @Fexodine1 DO NOT HAVE ANY ACCOUNT WITH Forsage.io NOR IS HE AFFILIATED WITH ANYONE WHO DO. THIS ARTICLE IS MEANT TO EXPLAIN HOW Forsage.io SMART CONTRACT IS BEING RUN. ANYONE WHO JOINED DO SO AT HIS OR HER OWN RISK.
Crypto currencies smart contract is not new to many, as there are several of them running on several Crypto blockchain, among which are million money smart contract, xoxo smart contract etc. All these aforementioned operates in similar way, but Forsage present something different from any other crypto currency smart contract technology, which makes it a thing to look into so to know how it works.
Forsage.io is an etheriun based crypto currency smart contract technology which allow users to earn a long-term residual Etheriun income through a referral system. Once you join, you need to refer at least three people to do the same.
This is a new type of smart contract program and different from what online marketers usually know. Forsage is run on a blockchain automated technology that cannot be broken or changed. What this means is that if Forsage closed down today, the program remain functional. Forsage is a kind of MLM Network marketing that keep running as long as people keep joining the program. Most of the work required for users to do is to keep inviting others to join the program, and for a beginner three person is needed as direct referrals to maximize earnings.
How to join Forsage Smart Contract on the Ethereum Blockchain
Joining forsage is simple as no sign up or creation of account is needed. To join Forsage, you need a one-time payment of 0.05 ETH, which is around $12 as of this writing.
Forsage works on Trust wallet for mobile users, and metamask for desktop users. Once you join, you can continue earning residual ETH income with the program based on the number of people you refer. The more people who join the program through your channel, the more you earn. All commission are paid instantly to your ETH wallet.
Once you have created a Metatask or a Trustwallet, the next thing is to fund your ETH wallet and use a referral link to initiate a Forsage smart contract right from your wallet. To get a referral link search for forsage smart contract online to join an existing team.
Once your transaction its confirmed, an automatic entry account will be created into slot one on the 3×1 and 2×2 matrices. You can purchase to earn from up to 12 slots, each slots doubles in price and pays more commission than the last one.
How forsage works
To begin your participation in forsage smart contract you simply pay 0.05 ETH to participate in the matrix cycler positions. The matrix systems used are 3×1 and 2×2. A 3×1 matrix requires you to fill only three positions. On the other hand, a 2×2 matrix begins with two positions on the first stage and expands to four positions on the second stage.
For both matrices, you need just a single purchase of 0.05 ETH. As you directly and indirectly recruit Forsage affiliates, the positions in the matrices get filled. Once all the positions in a matrix are full, a cycle commission starts, where the position that cycles out of the matrix equally starts a new matrix of the same size.
The explanation of the above is that you buy the first slots of 3×1 and 2×2 with your 0.05 ETH, then go ahead to invite three person to do just what you have done. When the first slot of 3×1 is complete but thea commission of the payment goes to your wallet instantly. You may only need to refer three affiliate to complete the 3×1 matrix, while those you refer do the same for the 2×2 matrix to complete. Once the slots are completed a new circle will begin by buying new slots again.
Forsage cycle commissions in the two cycler tiers.
A 3×1 matrix generates 0.05 ETH in gifting payments and starts a new 3×1 matrix. Entry is 0.025 ETH of the initial 0.05 ETH buy in purchase. A 2×2 matrix yields 0.075 ETH in gifting payments and starts a new2×2 matrix. Entry is 0.025 ETH of the first 0.05 ETH buy in purchase.
The explanation of the above is that, for the three direct referrals that join your network you get a commission of 0.05 ETH, while you filled the 2×2 slots with indirect affiliate and recieve a commission of 0.075 ETH to your wallet.
There is automatic deduction of reinvestment fees for the 3×1 matrix that keeps your slots active, so you don't ever have to pay another fee to start a new circle. In the 2×2 matrix, automatic downstream partner commissions instantly paid to your ETH wallet. Slot fees are automatically paid to your superior partner’s ETH wallet. This means everyone work as a team to earn commission. When you register for the first time, there is automatic entry into slot one on the 3×1 and 2×2 matrices.
Important note
To join forsage smart contract it is advisable to join a thriving team or group so you can get adequate support and gain from spillover. Spillover works when you are not able to get any or more referrals to join your network, so when those that are ahead of you in team complete their slots and still getting more referrals it will spillover to the downliners so as to complete a circle.
You can check it out on their website here @ forsage.io
Forsage.io promised to be the first ever 100% decentralized earning platform. The revolutionary Smart Contract technology that provides participants with the ability to directly engage in personal and business transactions. Besides, the Forsage Decentralized Matrix program is openly and perpetually available to view on the Ethereum Blockchain.
What do you think about forsage.io? Can this be a legit smart contract business or another MMM.
My final thought about forsage.io
Do i give forsage.io a green light for people to join?
Though people are currently joining the program as the time of writing this article, my advice would be to stay away from forsage.io because this looks like a classic Ponzi scheme which might likely collapse soon.
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