Xoxo smart contract review (is xoxo smart contract legit?)
Read all about xoxo smart contract.
In the past few months, there has been a significant increase in the number of ethereum smart contract MLM programs.
Xoxo smart contract is another ethereum smart contract that become very popular. Launched on the 21st of May 2020, xoxo smart contract is a decentralized P2P global powerline autopool system.
A powerline autopool system is system in which member registration will be done in a first come first serve method. i.e. new users will be placed under older users based on transaction time stamp.
Xoxo smart contract like its counterparts is not controlled by any admin, and there is no human interaction as well. All payments are usually from wallet to wallet.
In this xoxo smart contract review, am going to be answering all questions about xoxo smart contract. “is xoxo smart contract legit?”, “xoxo smart contract review”, “is xoxo network legit?”, “how does xoxo smart contract work?”.
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Let’s get into it then…
What is ethereum?
Ethereum was created by Vitalik buterin in 2014, ethereum(ETH) like bitcoin runs on blockchain technology, but ethereum and bitcoin are very different.
It is the second most valuable cryptocurrency after bitcoin, and its value has seen tremendous rise over the past few months.
To really understand ethereum, you must understand how the internet works. These days our personal data, passwords & financial information are stored on cloud servers owned by big companies like google, Facebook, we trust them to keep our data safe (or we have to trust them), but a hacker or government can gain access to those information, meaning they can steal or change that information.
Ethereum has the aim of replacing these internet third parties with thousands of computers around the world called “nodes”.
What is a smart contract?
A smart contract is a contract that executes itself, an agreement between a buyer and a seller is written into a few lines of code, this code exists across a distributed/decentralized blockchain network.
Once a smart contract is deployed, it cannot be changed, hacked and it is irreversible. With the smart contract, there is no need for a central authority.
What is xoxo smart contract?
Xoxo smart contract is a UNILEVEL MLM system that is built on the ethereum blockchain, to enable members to accumulate ethereum.
It is a similar to the likes of million money, lionshare, forsage etc. Xoxo smart contract is a decentralized P2P global powerline autopool system.
The powerline autopool system works in a way in which member registration is done chronologically i.e. in a first come first serve manner. So, new users will be placed under the previously joined users based on transaction time stamp.
How does xoxo smart contract work?
With the xoxo network, you can accumulate an unlimited number of ethereum with zero risk. The system is a smart contract that has been deployed on the ethereum blockchain, this means that there is no admin that controls the system.
Smart contracts are very safe, since they are self-executing, cannot be changed or hacked, and is not controlled by anybody after it has been deployed.
XOXO networks follow an autopool system. There are 7 auto pools inside the system. Whereas the users can start to earn from any of the autopools from 1 to 7. But to enter the autopool 2 to 7 one should complete the cycle on autopool 1.
Xoxo smart contract follows a powerline system. This system works in a single line structure i.e. new users are placed under previously registered users, as well as paying an entry amount to previously registered user.
The payment is from wallet to wallet and there is no human interaction in the system. Hence it is a Peer to peer system.
The user placement will be done based on the timestamp of their entry transaction. The time stamp is a blockchain measure, which is recorded by ethereum blockchain to keep track of the completed time of each transaction.
Entry Protocols and Fee on Each Auto Pools
Entry for Autopool 1:
To Start earning ETH from XOXO network, one should enter the autopool 1. To earn from Autopool 1 one should invite or refer a user. When you join by the referral of previous user then your registration feel will be distributed to up to 4 levels of the previous joined users as below.
Registration Fee: 0.1 ETH
Level 1: (The one Who joined before you or referred you) Gets 50% commission that is 0.5ETH
Level 2: Gets 25% commission that is 0.25 ETH
Level 3: Gets 15% Commission that is 0.15 ETH
Level 4: Gets 10% Commission that is 0.10 ETH
A Cycle will be completed in autopool1 when 3 members join below you and you will recover the registered fee at the end of the cycle.
Entry for Autopool 2:
Here there is no need for direct referral you can directly join from auto pool to autopool 7. You can earn 0.30 ETH to 1.5 ETH just by referring, only three global users in any of the autopool. Auto pool 2 to 7 doesn’t require any referral, your 1 direct referral required on autopool 1 gets qualified to participate on any autopools 2 to 7.
Registration Fee: 0.1 ETH
To enter autopool 2 you should complete a cycle on auto pool 1.
All Pools Profit Protocols:
The Pool entry fee, and other profit protocols are written in smart contract. In autopool 2 to 7, 50% of commission will be paid to the sponsor or referrer. Once a member earns and cycles out from a particular autopool, part of his earnings will be reinvested to the system to earn more passive income, and to keep constantly moving the autopool.
Your cycle will be completed in autopool 2 when you refer 3 people and earn 0.3 ETH, and you will be moved to autopool 3 where the joining fee will be 0.15 ETH which is 50% of the previous earning in auto pool, and while completing a cycle by joining 3 members below you will earn 0.45 ETH as profit.
At all autopools the commission will be distributed up to 4 levels of the previous users as below.
LEVEL 1 :50%
LEVEL 2: 25%
LEVEL 3: 15%
LEVEL 4 :10%
Everything will be written on the smart contract.
How to register for xoxo smart contract
To register for xoxo smart contract, you will need the following:
- Metamask wallet for Desktop or Trust wallet for mobile users.
- 1 ETH + gas fee
To register for xoxo smart contract, follow the below instructions:
- Download Metamask or Trust wallet
- Buy a minimum of 0.1ETH, you can buy extra to cover network fees.
- Paste the referral link of your referrer on the wallet browser.
- Click register
- Authorize payment.
- You will be redirected to your dashboard.
Xoxo smart contract features
Some of the features of the xoxo network are:
- Unstoppable Protocol
- Requires Only 0.1 ETH to Start
- No Admin
- 100% Decentralized
- Un-erasable and uncheatable
- 100% transparent
- P2P Payment System
- No Scams/ No Hacks
- No Risks and High Returns
- Unlimited Referral Commissions
- Can Earn Unlimited Ethereum
- 07 Global Auto Pools.
Is xoxo smart contract legit?
Xoxo smart contract is similar to forsage, million money, lionshare etc. It is a decentralized P2P system that is built on the ethereum blockchain.
Smart contract usually cannot be hacked, changed, and once it is deployed, cannot be controlled by anybody. For this reason, xoxo network is not scam.
However, you should know that there is no basic difference between this program and the many others. If members stop joining the system, it will inevitably stall.
Frequently asked questions (FAQs)
Is xoxo smart contract legit?
The xoxo network is built on the ethereum blockchain, this means that the system cannot be hacked, changed and is not controlled by any admin. Hence it is not a scam.
Who owns xoxo network?
Xoxo network is a smart contract; hence it is not owned or controlled by anybody.
How much do I need to join xoxo network?
You will need 0.1ETH plus a little extra for gas fee.
Thank you for reading my xoxo smart contract review, if you have any question or comment, you can leave it below in the comment section.
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