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Exploring the Matrix System, Referral Commissions, and Risks Involved

"Exploring the World of Forsage: A Guide to the Decentralized MLM Platform on Ethereum and Binance Smart Chain"

By Ghulam MustafaPublished about a year ago 3 min read

Forsage is a decentralized blockchain platform that operates on the Ethereum and Binance Smart Chain (BSC) networks. It is a smart contract-based MLM (Multi-Level Marketing) program that enables users to earn cryptocurrencies through a referral program. The platform uses a matrix system, where users are placed in a forced matrix that can be either 3x1, 2x2, or 3x3.

To get started with Forsage, users need to have an Ethereum or BSC wallet and some cryptocurrency to fund their account. The platform offers two plans: Forsage Ethereum and Forsage Binance Smart Chain.

In Forsage Ethereum, users need to fund their wallet with Ethereum (ETH) to participate in the program. Users can earn Ethereum through referral commissions and from spillover (when the upline's matrix is full and new referrals are placed under their downlines). There are two matrices available in Forsage Ethereum: X3 and X4. In the X3 matrix, the user earns commissions from their direct referrals, while in the X4 matrix, they earn commissions from referrals from their direct referrals.

Forsage has two primary matrix systems: the X3 and X4. In the X3 matrix, each user has three direct downlines, while in the X4 matrix, each user has four direct downlines. Users can earn commissions from referrals that fall under their matrix, with commission percentages increasing as they move up the matrix levels. Forsage also offers spillover commissions, where users can earn commissions from referrals under their upline's matrix if their own matrix is full.

Forsage's referral commission structure is based on a percentage of the amount invested by each referral. The commission percentage varies depending on the user's position in the matrix, with higher levels offering higher commission percentages. Users can earn commissions in either Ethereum or Binance USD, depending on which plan they choose

In Forsage Binance Smart Chain, users need to fund their wallet with Binance USD (BUSD) to participate in the program. Users can earn BUSD through referral commissions and from spillover. There are also two matrices available in Forsage Binance Smart Chain: X3 and X4.

One of the advantages of Forsage is that it's open to anyone, regardless of their location or background. It's also a low-risk investment opportunity since users can start with a small amount of cryptocurrency and build their way up over time. However, it's important to note that MLM programs like Forsage are often associated with scams and pyramid schemes. It's crucial to do your own research and exercise caution before investing any funds.

The referral commission structure in Forsage is based on a percentage of the amount of cryptocurrency invested by each referral. The commission percentage increases as the user moves up in the matrix, and the higher the matrix level, the higher the commission percentage.

Forsage has gained popularity due to its low entry cost and high earning potential. However, it's important to note that MLM programs like Forsage can be risky and are often associated with scams. It's essential to do thorough research and exercise caution before investing any funds.

The platform operates on a smart contract system, which ensures transparency and eliminates the need for intermediaries. Smart contracts are self-executing programs that automatically execute when specific conditions are met. In the case of Forsage, the smart contract is responsible for managing the matrix system, commissions, and payouts.

In conclusion, Forsage is a smart contract-based MLM platform that allows users to earn cryptocurrencies through referral commissions and spillover. It operates on both Ethereum and Binance Smart Chain networks and offers different matrix plans for users to earn commissions. However, it's important to be aware of the risks associated with MLM programs and do your own research before investing in them.

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    GMWritten by Ghulam Mustafa

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