Website & Company Information
The web domain of the company was privately registered on the 19th of August 2020 and was later updated on 2020–08–28. The website does not provide any information about who owns or runs the company.
There an official Facebook group of the company, run by Shawn Kim (Admin) and Frank Trenado (sole moderator). Both are based out of California.
Shawn Kim looks like a fake account with a plan to promote Ponzi MLMs. The account has a record of promoting fraud schemes such as USI-Tech and Jeunesse (Brazil) in the past. One of Kim’s posts references “Richmond” a P2 Tron co-creator.
There is a YouTube channel bearing Trenado’s name. It features a Primerica marketing video uploaded in September 2015.
As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.
P2 Tron’s Products
The company has no retailable products or services, with affiliates only able to market P2 Tron affiliate membership itself. Joining as an affiliate enables access to to a digital marketing library.
P2 Tron’s Compensation Plan
Affiliates invest TRON tokens worth $10 into a split cycler and pyramid compensation plan.
$5 of the initial P2 Tron buy-in is spent on a matrix cycler position. P2 Tron refers to their 2×1 matrix cycler as “Xfactor”.
To trigger a cycle in a 2×1 Matrix, it requires only two positions to be filled.
The cycler pays a $5 ROI (100%), received by filling the first matrix position in the 2×1 matrix. Filling the second matrix position triggers a cycle, creating a new 2×1 matrix position.
Through repeated cycling, a P2 Tron affiliate is able to get more than their initial $5 cycler position investment.
In addition to the first $5 tier, P2 Tron offers another nine cycler tiers:
- tier 2 — $10 in tron cryptocurrency
- tier 3 — $20 in tron cryptocurrency
- tier 4 — $40 in tron cryptocurrency
- tier 5 — $80 in tron cryptocurrency
- tier 6 — $160 in tron cryptocurrency
- tier 7 — $320 in tron cryptocurrency
- tier 8 — $640 in tron cryptocurrency
- tier 9 — $1280 in tron cryptocurrency
- tier 10 — $2560 in tron cryptocurrency
The math on each tier is the same as tier 1:
- invest the required amount;
- steal money from the first position filled under you; and
- the second position revenue is used to generate a new position on the same cycler tier.
This rounds up to about 100% ROI per cycle.
The company also pays recruitment commissions via a unilevel compensation structure, this is named as “Prime.”
These commissions are paid as 10% of funds paid into Prime, capped down ten levels of recruitment.
Joining P2 Tron
Joining P2 Tron affiliate membership requires a minimum cycler purchase worth $10. Full participation in the attached income opportunity requires $5115.
P2 Tron solicits all investments in Tron cryptocurrency.
P2 Tron is a simple Ponzi scheme that runs under the guise of “crowdfunding” ruse. You signup, buy cycler position(s) and your money goes to the people who joined before you — making it a perfect Ponzi scheme.
This is a new type of scam where the owners power these schemes using BLOCKCHAIN and claim these schemes as scam proof but this isn’t the case. Here, smart contracts are just another vehicle to commit the same old fraud through. According to financial regulators, both gifting schemes and pyramid schemes are illegal and constitute fraudulent activity.
Smart contract cycler ponzis are illegal because of one simple reason — they inevitably result in the majority of participants losing money when recruitment dries up. Add to that, it is almost impossible for the majority of participants pyramid and gifting schemes to recover their initial investment.
And you know when the fresh money stops coming in, the system collapse and all the money of existing and new investors are lost.
Only the Owner make money
The only people who benefit from such schemes are the admins and owners of such projects. They sit on the top of the line with their lions share because they are the first ones who invest in their program before marketing it. This way they see their money getting multiplied by a thousand folds. They are also first to cycle into the upper tiers of the gifting cycler, through which the majority of funds gifted in changes hands.