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Forsage and xoxo eutherium smart contract

*XOXO NETWORK SMART CONTRACT*


XOXO Network is a Smart Contract Protocol that's fully integrated into the Ethereum Blockchain Technology. By this, it's fully decentralized (No Admin), 100% durable, transparent and has ZERO risk.


*What's Smart Contract?*

While a standard contract outlines the terms of a relationship (usually one enforceable by law), a *Smart Contract* enforces a relationship with cryptographic code.


Put differently, Smart Contracts are programs that execute exactly as they are set up to by their creators. This means, after the developers have coded the information and plugged up, NO ONE can control it (No Admin), rather it executes the information it has been coded to do seamlessly without error.


First conceived in 1993, the idea of Smart Contracts was originally described by a computer scientist and cryptographer *Nick Szabo* as a kind of digital vending machine.


In his famous example, he described how users could input data or value, and receive a *finite* item from a machine without any form of distortion.


In a simple example, Charles can send 10 ethereum to a friend on a certain date using a Smart Contract. Because the Codes has been built to execute with exactitude, Charles' friend will SURELY get this Ethereum without any form of dissapointment. This is made possible by Smart Contract


In the case above, the user would simply create a Contract, and push the data to that contract so that it could execute the desired command.


Ethereum is a platform thats built specifically for creating Smart Contracts.


*How Does XOXO Network Works?*


There are 7 Decentralized Global Powerline Autopools in XOXO Network.


*Powerline* is another term for single line or straight line but more efficient than the regular straight line networks.


*Start up amount in XoXo Network is 0.1 ETH ($25 )* and you're required to introduce JUST one compulsory referral. However, If you refer more, you earn More.


This startup amount goes Into Autopool 1 Sponsor's Line and instantly distributed according to Smart Contract protocols up to 4th levels above the joined user(Sponsor)


For Example;

Charles registered with 0.1ETH into Autopool 1 and introduced his compulsory 1 referral. Charles Account becomes Active and he can progress to buy higher Autopools (levels).


If Charles Introduced A, he earns 50% of the amount A used in signing up (0.1ETH) which is 0.05ETH.


If A introduced B, Charles earns 25% (0.025ETH)


If B introduced C, Charles still earns 15% (0.015ETH)


If C introduced D, Charles still earns 10% (0.010ETH)


So, with 4 persons under Charles, he has earned back his 100% Investment.


*To Purchase Autopool 2, Charles needs 0.2ETH and so he's deficient of 0.1ETH*


But Assuming A, B, C and D all registered DIRECTLY under Charles as his DIRECT Downlines, see what Charles will earn.


A - 50% (0.05)

B- 50% (0.05)

C - 50% (0.05)

D - 50% (0.05)


Total = 0.2ETH. With this, Charles can progress to buy Autopool 2 with his earnings without adding extra fund.


Charles being a good leader should encourage, assists and motivates his Downlines to replicate what he has done and so the love which XOXO means will be spread across.


*HOW DO YOU PROGRESS INTO HIGHER AUTOPOOLS?*


Having registered and introduced your compulsory one referral, you're qualified to purchase higher Autopools (Autopools 2-7). These higher Autopools are called *Global Autopools* and required NO REFERRAL


*GLOBAL AUTOPOOL*

Autopool 2-7 structures are distinctively different system from Autopool 1(Uni-level), both in operation and earning process.


Hence this is the real Global Powerline or straight line Autopool system, which gives opportunity to members to earn a passive income by global growth of XOXO Network.


_Bear in mind, that Autopools 2 to 7 entry protocols are deployed and written on Smart Contract code_.


Entry amount from autopool 2 to 7 is paid to previously joined users based on timestamp and recorded on Ethereumu ckchain.


*Every user after completing the requirements in Autopool 1 can start(purchase) any of the Autopools 2-7*


*Autopool is single line structure that's based on first come first served protocol*


Remember:

To earn in autopool 1 : One Compulsory Direct referral is needed


To enter Autopool 2-7, No Direct Referral necessary.


*HOW DO THE GLOBAL AUTOPOOLS OPERATE?*


First, let's show you how much that's needed to purchase the various Global Autopools:


Autopool 2 = 0.2ETH


Autopool 3 = 0.3ETH


Autopool 4= 0.4ETH


Autopool 5= 0.5ETH


Autopool 6= 0.7ETH


Autopool 7= 1.0ETH


When you get into any of the Global Autopools, you're given a unique *ID* by the System and queue you up for earning based on Timestamp.


For example:

If you purchase Autopool 2 with 0.2ETH, the system assigns an ID to you and based on Timestamp, your ID is linked with another 3 Global Users in that Pool.


These 3 Global Users donate 0.1ETH to Smart Contract with respect to your ID and the Smart Contract distributes this Ether

This article was published on 06.06.2020 by Machizza Tafadzwa
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