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THE AMZBIT SMART CONTRACT Ver.011918 A Smart Contract is a digital agreement between two parties that is instantly generated through computer automation. It is a program which is stored on the blockchain and provides each party with a copy of the terms and conditions to which each of the two parties has agreed. Blockchain technology is a decentralized ledger that also provides the underpinnings for Bitcoin and other cryptocurrencies. Smart Contracts directly control the transfer of digital currencies or assets from one party to another under specific conditions. Blockchain is an ideal way to store Smart Contracts because the decentralized nature of it provides absolute security while also being permanent and unmodifiable. Some Background About Smart Contracts Currently, most monetary transactions are based on a centralized system where people must put their trust in 3rd party systems to exchange value with each other. This centralized system has a number of limitations, including: high transaction costs, the inherent risk of failure and/or corruption, and ultimate control over your money or assets. To overcome these shortcomings, a new and better system that is decentralized is being adopted worldwide. This decentralized system of conducting transactions makes Smart Contracts extremely secure. They are immune from any unauthorized tampering and are 100% transparent to each person in the network to be able to access and verify. The Amzbit Smart Contract In addition to everything that ordinary Smart Contracts do, the Amzbit Smart Contract provides each individual who possesses one with full access to the Amzbit Blockchain Ecosystem. The Amzbit Blockchain Ecosystem is an economic system that delivers additional benefits which fall into multiple categories. These categories include our Ecommerce Shopping Portal, Digital Assets, Weekly Master Classes, Member to Member payment system, and more. 2
There are NO long term agreements to which an Affiliate Member is obligated. The Amzbit Smart Contract is valid for 35 days. Affiliate Members are able to decide when and if they wish to renew after each 35 day term. Each of the benefits listed above is defined and explained below. WHAT YOU GET WITH THE AMZBIT BLOCKCHAIN ECOSYSTEM 1. Amzbit Ecommerce Shopping Portal Online shoppers will be able to purchase the items they want from our Ecommerce partners who may include, but are not limited to: Amazon Walmart Target ebay Best Buy and others Shoppers get all the convenience of using a single online portal to buy the items they want from an excellent variety of World s best Ecommerce stores. For those using Amazon, Amzbit includes two (2) months of Amazon Prime. Having an Amazon Prime membership allows customers to receive their purchases while enjoying FREE shipping. Customers who buy items through Amzbit s Shopping Portal are also eligible to receive Bitcoin Rewards. When a customer makes a purchase, the Ecommerce partners pay Amzbit an Affiliate Commission. Affiliate Commissions range anywhere from 0% up to 10% of the item purchased. Customers earn 50% of the Affiliate Commission paid to Amzbit by our Ecommerce partner on all eligible purchases. In other words customers earn Free Bitcoin for buying the same things they already purchase on other sites, with NO extra fees or marked up prices. There is NO sign-up fee, NO Contract, nor are there any purchase requirements to become a customer. There are NO requirements of any kind for customers to stay active. 2. Access to Exclusive Digital Assets - Value Over $5,000 Amzbit s Live Better mission is built on the foundation that - When you know better you do better! 3
Amzbit provides exclusive access to Personal and Professional Development to its community with an Active Smart Contract. This exclusive library has downloadable digital assets such as books, podcast, audios, videos and courses. Amzbit Founder and CEO, Burke Hedges, has written, created, and sold millions of copies of his books and training courses throughout the World during the past several decades. These educational materials, many of which have been translated into numerous languages, have received effusive praise and have been used to transform people s lives for the better. With the purchase of the FIRST Amzbit Smart Contract an Affiliate Member receives lifetime access to an entire collection of self-development educational materials. Some of the materials included in this library are: - Think You, Inc. - This Success Mastery Course contains 12 modules, a study guide, and monthly life coaching webinars - Value $4,997 - Four Books - Value $55 - Who Stole the American Dream - You Inc. - Parable of the Pipeline - Prosumer Power II - Exclusive Book Author Interviews: Ten Downloadable Interviews with best selling Authors - Value $149 These are all downloadable digital assets and make for an important and highly valuable addition to your personal library. 3. Weekly Master Classes - Value $997 per month Live courses are taught online weekly that will enhance the abilities of every Affiliate Member to Live Better. Weekly Master Classes topics include: Facebook/Social Media Marketing Skills Cryptocurrency Education Classes R.E.A.L Training Business Best Practices Education Classes You, Inc Personal Growth Master Class Leadership Master Class 4. Exclusive Access to Special Events From time to time, Amzbit will produce Special Live Events for our community. This includes private company training webinars, workshops, and other exclusive events. 5. Shopper Acquisition Bonus As part of Amzbit s Blockchain Ecosystem is our unique Shopper Acquisition Bonus. 4
When Affiliate Members purchases their FIRST Amzbit Smart Contract they receive LIFETIME QUALIFICATIONS to earn a Shopper Acquisition Bonus on all eligible purchases. Amzbit s Ecommerce partners pay commissions to Amzbit for purchases of eligible items ranging from 0% up to 10%. Amzbit Affiliate Members will earn 50% of that commission on all the eligible purchases made by customers they personally refer. There is no time limit. As long as that customer makes an eligible purchase and Amzbit receives a commission, the Affiliate Member who originally referred that customer will earn 50% of that commission. In the event that an Affiliate Member makes personal purchases though Amzbit s Shopping Portal, that Affiliate Member now receives 100% of the commission paid to Amzbit by the Ecommerce Partner on the purchase of those items. Affiliate Members are paid in Bitcoin, instantly through the blockchain. 6. Member To Member Payment System - (Value Priceless) This revolutionary new approach delivers cutting-edge advantages to Affiliate Members of the Amzbit Community. The Amzbit Smart Contract cannot be modified, cannot be altered, cannot be seized, cannot be froze, cannot be censored. The Amzbit Smart Contract contains an automated and decentralized blockchain payment system that guarantees. 1. 100% member to member payment (the company never touches your money) 2. Payment system is never interrupted or compromised 3. The Coded member earnings are paid instantly through the blockchain. (no waiting to get paid) 4. Complete and total transparency of all transactions (nothing is hidden) 5. Transactions are fully trackable 6. Your Money is 100% secure. This means you alone control your bitcoin. You have complete and total authority over your money. 7. Smart contracts are automatically executed and enforced. You are free from interference by any centralized outside entity whether it be the company or government. 8. This decentralized system is resistant to any single point of failure, as with centralized systems. 9. There are NO inflated transaction costs. 10. Virtually free from the high cost, risk, and trust issues of any centralized system. 5