Daily post #40 in a 50 part series leading up to April 1, 2017
Today we were thinking more about how to implement an ethical mlm using Steem/Steemit. Searching on "ethical mlm" and "blockchain" didn't show too many results, in fact our post from early in this series, was the number 1 hit:
Most of the articles are about blatant scams like Onecoin and Zero-traction attempts like RCoin. Links:
https://themerkle.com/xenixcoin-vs-swisscoin-vs-onecoin/
http://www.referralcoins.com/index.html
Is it really that hard to create an ethical mlm that can go viral? If you realize that mlm's are not inherently evil if done right, meaning that the worst thing that can happen to the last person on earth to join, is that they get a product they want at a price they are willing to pay, and that they have not been lied to about the product or compensation plan -- then what we are cooking up, should be of great interest.
And it looks like some early experiments, to build credibility and gain experience, can be done relatively simply using the Steem and Bitshares blockchains. Stay tuned, and/or email [email protected] for more info.