Authoetherbot Smart Contract Review 2020

Authoetherbot Smart Contract

What is Authoetherbot?

Authoetherbot is a smart contract program that runs on the Ethereum Blockchain.

To understand it better we can divide it into 2 concepts which are

  1. Smart Contract: A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control, or document events, actions, and also transactions according to the terms of a contract or an agreement. AutoEtherBot is built on a smart contract which is programmed to automatically distribute incoming transfers among participants according to a specific algorithm.
  2. This is the site itself: which provides a graphical interface for the convenience of working with the smart contract.

How does AutoEtherBot Smart Contract work?

  1. Signup: Send 0.006 ETH to your upline (Person who referred you), which will be back after the first referral
  2. Attract Referrals: You need to invite at least 2 direct referrals (downlines) to register under you to be eligible to receive commissions.
  3. Get Paid: Receive funds to your ETH wallet without payment requests. All earnings on AutoEtherBot are sent directly to your wallet

Is there any project admin in charge of AutoEtherBot?

No. There is no single owner or administrator of AutoEtherBot. There is a creator who uploaded the smart contract code to the cryptocurrency Blockchain of Ethereum and since then, the smart contract has been part of the overall network, which is supported by miners.
Nobody can affect the operation of a smart contract, delete it or stop it. Any attempt to make unauthorized changes or hack into the system will be rejected due to inconsistency with previous copies in the Blockchain. This means it is safe and secured

Is AutoEtherBot Legit?

Yes, the AutoEtherBot Smart Contract is legit, as it was built under the Ethereum Blockchain.

What cryptocurrency does AutoEtherBot work with?

The Smart Contract governing AutoEtherBot was published on the Ethereum Blockchain, therefore, all transactions on AutoEtherBot are carried out in Ethereum (ETH)

AutoEtherBot Marketing Plan

This is a brief illustration of how AutoEtherBot works.

You register with 0.006 ETH approximately ₦1,500. With this payment, you purchase Level 1. After registration, you are expected to register 2 downlines under you in other for you to move up to Level 2.

Your 2 downlines are also expected to register 2 downlines each and pay you at Level 2

Those registered by your 2 downlines are expected to recruit 2 downlines each.

This Process keeps repeating until you get to Level 7 which is the Final Stage. At this Stage you would earn over 17 ETH which is equivalent to ₦1.5 Million (1 ETH is equivalent to ₦88,332)

So What are you still waiting for?? If you missed Million Money and Forsage Smart Contract, Make sure you don’t miss AutoEtherBot

What do I need to Participate in AutoEtherBot?

  1. Your Smartphone/Laptop
  2. Internet Access
  3. An Ethereum Wallet (we’ll explain this briefly)

What are Levels in Authoetherbot?

also read Rapido Run Smart Contract Prelaunch (2020)

Level is a status/Stage that gives you the right to receive remuneration or payment from a partner in its structure of the relevant lines. There are seven stages in AutoEtherBot

LEVEL 1:

The 2 people you invite as downlines (referrals) donate 0.006 ETH each to you and as a result, you get 0.012 ETH. You use 0.01 ETH to upgrade to level 2 and you remain with 0.002 ETH as your profit.

LEVEL 2

The 4 people recruited by 2 of your downlines will donate to your Level 2. Each will donate 0.01 ETH to you and as a result, you get a total of 0.04 ETH. You will then use 0.02 ETH to upgrade to Level 3 and you will get 0.02 ETH as profit.

LEVEL 3

The 8 people recruited by the 4 will donate to you 0.02 ETH each coming to a total of 0.16 ETH. You will use 0.1 ETH to upgrade to Level 4 and you get 0.06 ETH as profit.

LEVEL 4

Your initial 2 downlines who donated to your level 1, will again donate 0.1 ETH each to you and you will get 0.2 ETH. You will use 0.12 ETH to upgrade to Level 5. The Remaining 0.08 ETH is your profit.

LEVEL 5

4 people recruited by your 2 downlines will again donate 0.12 ETH each thus making a total of 0.48 ETH. You use 0.2 ETH to upgrade to Level 6 and keep 0.28 ETH as profit

LEVEL 6

8 people recruited by your 4 donate 0.2 ETH to you therefore making a total of 1.6 ETH. You use 1 ETH to upgrade to level 7 and keep 0.6 ETH as profit.

LEVEL 7

16 people recruited by your 8 donate 1 ETH each thus making 16 ETH.

At the time of writing this review 1 ETH = ₦88,266.68

also read XOXO Smart Contract Review

Features of AutoEtherBot

Absolutely no risk: Open-source smart contract uploaded to Ethereum Blockchain. Cryptocurrency – international and decentralized

Instant payouts: Money or payments is not stored in the system. All transactions are 100% from wallets to participants’ wallets. Wallets are anonymous and secure

Simple and fast marketing: Easily achievable matrices – 2X3 & 2×4 in 2 Phases lines – Earn 17+ ETH every 100 days

Cannot be hacked: It is not possible to change the Smart Contract algorithm or delete the members’ rooms. The system is able to work without a site therefore The site is needed for convenient display of statistics

Passive Income: With a ready-made team, you can repeat earnings every 100 days, by simply pressing the “repeat” button, earn $3.400+ every 100 days!

Long term: Smart contract will exist as long as the Ethereum Blockchain exists, and even the creators of a smart contract will not be able to delete or change its terms

also read LionShare Smart Contract: How to Make Money With LionShare

Final Note

A lot of people in the past have fallen victims to ponzi scheme and scams claiming to be online investment platforms. Today, most people are sceptical about joining any platform that requires investing money or runs on online platforms.

Auto Etherbot is a smart contract platform where you use little unit of ETHEREUM as low as 0.006 unit to get up to 17 ETHEREUM within two to three months and there is no bad report about the smart contract However, i do not advice anyone to borrow money from anywhere and invest into platforms like this, no matter how secured these platforms seems to be, smart contracts as seen as pyramid schemes.

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Written by Blogger Presh

Eshemokhai Precious Is the CEO of Friends Impact. He is a Passionate Blogger & Digital Marketer.He is the guy that Invests alot of time and resources in making people the best version of themselves. You can Join Our Telegram channel here to get latest updates on Tech.
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