The New-Age Decentralized Crowdfunding Platform.
The Internet today offers every opportunity to earn online, finding the right one is all we have to do. After native tokens, points, and fiat money, Earning cryptocurrency is a boom and a number of websites are open for this. Coinpedia earning site reviews will help you understand the complete details of an earning program to help you get started.
This review is about Forsage.io. A Decentralized Crowdfunding platform that has grown exponentially in a short span of time.
What is Forsage.io?
Forsage is a popular MLM Crypto earning Program that allows user to earn Ethereum currency with 2 types of matrix referral structure, the project works on a Crowdfunding system.
Forsage is a decentralized ecosystem built on Smart Contracts and so the company claims to have no control over the processing of funds and profits. The technical setup is made fully functional and automated to run the whole system in a secure and smooth manner.
Forsage was seen live in march 2020- During the COVID Lockdown period and the domain, points to be freshly registered in Feb 2020. Though they are not the first company to work on decentralized smart contracts, it is mentioned in the site that they work on advanced decentralized smart contracts.
Forsage Smart contracts
The Forsage team represents a high-level technology setup, they claim to have built a Smart Contract on Ehthereum Blockchain.
This Smart contract is highly functional to a Pyramid structure, for example, if you Join the platform with a fee, the fee is sent into Pyramid process and the next user is automatically sent below your line and continues so with the selected matrix.
You can take a view of this smart contract transaction on Ether Scan .
How do Forsage.io works?
Forsage Program works on a Gifting scheme of a binary matrix structure. There are 2 types of matrix X3 Matrix and X4 Matrix cycles you can choose to go with anyone.
To Get started with any of the matrix cycles you have to pay 0.05 ETH fee( Joining fee) and then start referring people via your referral link.
Forsage X3 Matrix (3 X 1 )
In this Cycle, you have to fill 3 positions in your first level downline and this will continue for each user to continue filling 3 positions forward by paying joining fees of 0.05 ETH.
Forsage X4 Matrix (2 X 2 )
In this Cycle, you have to fill 2 positions at your first level and then those 2 will continue to provide 2 positions at their first level. Eventually making a Pyramid of 4, 16,64….
Use your Referral Link to Invite more and more people to your network, with increasing users your income ( ETH) will also Boost.
How to join Forsage Crypto MLM?
Despite all the buzz and craze, this is a very popular question floating around. The Process is simple. To get started with Forsage crypto MLM, you need to have an Ehtreum Wallet and load the wallet with ETH, then follow the website navigations or Steps below.
Step 2: Register with a safe email Id.
Step 3: Load your ETH Wallet with 0.05 ETH (11.50 USD )
Step 4: Visit www.forsage.io and click: Join Now “ or Just click the link shared by your Friends
Step 5: Click on Automatic Registration – The funds will be processed automatically.
Step 5: Joining/ Registration Complete.
Please save the 12 words seed phrase recovery physically or in a secure place. This will help you in account recovery in unfortunate circumstances.
Note: Hereafter all your profits will be directly credit to the same ETH wallet, directly.
How do I Start earning in Forsage.io ?
After you join by paying 0.05 ETH, choose your matrix you have to keep referring to new people to join this platform to keep you earning up. Your earning will stop if your tree or Pyramid collapses.
- For 3X1 matrix If you refer one Position from 1st level 0.025 ETH
- For 2X2 matrix If you refer one Position from 1st level 0.075 ETH
The Remaining funds will be distributed in the higher anonymous positions above your position in the Pyramid.
Scam or Legit?
Forsage is a new Project for all the MLM and Crypto fans. The Company is actively involved in processing real-time benefits and its Smart contract technology is a Positive addon.
Though there is anonymity in the organization details this is how most of the Decentralized project work. The idea behind the process is plotted very well.
All of us have been seeing the Projects on Pyramid Schemes or MLM networking and most of us have made money and lost the case too. I’ve been observing the market for 10 Years and every year or two there comes a Project, that creates a Huge Buzz and continues to rotate money in smarter ways. Forsage seems to be among those BIG Projects and will continue to Perform Big profits and gather huge attention shortly.