DO YOU KNOW WHAT A FORSAGE SMART CONTRACT MEANS?

TOPTEAM FORSAGE
3 min readMay 29, 2021

Firstly before jumping to what is FORSAGE, let us discuss some basic terminologies.

WHAT IS DECENTRALIZATION?

Decentralized marketing is created with an automated contract that offers you maximum security and sustainability. A smart contract is an automatic execution algorithm. It exists within the blockchain, one of the TOP cryptographic currencies.

Smart contracts, like cryptocurrencies, are decentralized. They work strictly according to the underlying program, without the possibility of subsequently changing the defined execution.

The code that contains all the logic of the contract expiration is on the blockchain and all calculations are provided by millions of computers around the world. This ensures that there is no risk of hacking into the smart contract and stopping the project.

WHAT IS A SMART CONTRACT? WHAT ARE ITS BENEFITS?

A smart contract is an algorithm within the cryptocurrency blockchain that automates the responsibilities within the system. The smart contract is responsible for distributing rewards to participants when the right conditions are fulfilled. Once created, a smart contract cannot be hacked or modified.

WHAT IS FORSAGE?

FORSAGE is a decentralized platform based on smart contracts designed for crypto-knowledge and networking that connects people worldwide and provides limitless development opportunities. The code of all contracts is publicly available and information about transactions in the Ethereum and Tron networks.

WHO CREATED FORSAGE?

The idea of FORSAGE belongs to a group of crypto-enthusiasts, who are also participants in the community and have no special privileges.

ADVANTAGES OF FORSAGE

  • Zero risk factors

The program operates on a self-executing smart contract on the Blockchain. This makes it impossible to modify by any entity. So users on the platform run no risk at all of any form of manipulation.

  • Immutability

Users have indefinite access to the Forsage project, which guarantees continued participation in the matrix project embedded in the smart contract.

  • Instant Peer-to-Peer Payments

The Forsage smart contract is a payment gateway that facilitates P2P commission payments among the participants on the program.

  • No-hierarchy organization

Forsage embraces a crowdfunded decentralized matrix project, which is designed to motivate a global reaction to the crypto ecosystem. It achieves that by offering new members a seamless introductory experience.

  • Transparency and anonymity

The project’s performance data is verifiable and its partners’ transaction history available on the Blockchain.

  • Transaction surety

Forsage utilizes network nodes, which irrevocably record and ubiquitously store all transactional history of all its network partners on the Blockchain.

THE AMAZING PART ABOUT FORSAGE IS THAT YOU EARN IN THREE DIFFERENT WAY

  • Overflow from the top: This means that when your upline is working and recruiting more members, some of those members will fall down to his downline.
  • Referrals: This is when you recruit three members under you and tell them to do the same. When your downlines register a new member, their upline will earn. And when your downline buys/Opens another slot their upline earns too.
  • Spillover: When you have earned much more than enough and your earning is enough to open/buy the next slot but you fail to buy it because you are greedy or ignorant. You lose the profit for that level and it will fall on anyone because the system automatically blocks you from earning from your downlines.

KEY POINTS ABOUT FORSAGE

FORSAGE ETHEREUM launched in February 2020, FORSAGE TRX launched in September 2020 and now FORSAGE BUSD gonna launch soon!!!

BUSD is a stable coin and it’s useful for all network marketers. So, get ready for the massive launch and earn immensely.

In conclusion, hope, it’s all clear about the basics of a smart contract and FORSAGE.

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TOPTEAM FORSAGE

Hi Crypto Lovers!!! I am Jessica, an enthusiastic person, always looking forward to opportunities to learn.