TronCarry Review- Ponzi Scheme- MLM Scam
TronCarry’s website provides no evidence regarding the company’s ownership or management.
On August 28th, 2021, TronCarry’s website domain (“troncarry.com”) was privately registered.
TronCarry’s official presentation was oddly titled “Sportion – Keynote Template.”
According to Alexa, two significant traffic sources to TronCarry’s website are Vietnam (12%) and Ukraine (6 % ).
Both countries are hotbeds of cryptocurrency-related fraud.
As is often the case, if an MLM firm is not entirely transparent about who runs or controls it, consider carefully before joining and handing over any money.
TronCarry’s Goods
TronCarry does not sell items or services to the general populace.
Affiliates are only permitted to promote the TronCarry affiliate membership.
Compensation Plan for TronCarry
Affiliates of TronCarry make smart-contract investments of 200 Tron or more.
This is done in exchange for a daily return of 2%.
It’s worth noting that only 60% of withdrawn Tron is ever made accessible.
40% of all TronCarry withdrawals must be reinvested in the smart contract.
TronCarry’s MLM division compensates affiliate investors for their recruiting.
Return on Investment
Affiliates of TronCarry earn a daily incentive of 0.1 percent for each affiliate they individually recruit.
This is limited to five recruits or a daily bonus of 0.5 percent.
Referral Commissions
TronCarry distributes referral rewards on invested Tron at three levels (uni-level) of recruitment:
5% Matching Bonus at level 1 (personally recruited affiliates) 2% Matching Bonus at level 2 2% Matching Bonus at level 3 1% Matching Bonus
TronCarry offers a 10% Matching Bonus on… To be honest, it’s not fully clear.
The Matching Bonus is given “every time they make a withdrawal,” according to TronCarry’s website.
They are affiliates recruited over a ten-level deep uni-level organization.
The Matching Bonus (Team Bonus) is based on the daily return handed out, according to TronCarry’s official pay record.
Whichever approach is taken, recruiting unlocks uni-level team levels.
At level 1, recruit one affiliate to get the Matching Bonus. At level 2, recruit two affiliates to unlock the Matching Bonus, and so on.
Joining TronCarry
Affiliate membership in TronCarry is entirely free.
A minimum of 100 TRX is required to participate fully in the associated income opportunity.
Final Thoughts
The smart-contract Ponzi scheme trend has somewhat faded. There are still some crooks ready to take a chance on it.
TronCarry is an example of a classic smart-contract Ponzi scam. You invest, others defraud you, and trick those hired after you.
The 40% mandated reinvestment will keep everything afloat for a while longer. However, mathematics is mathematics, and as withdrawals outweigh the investment, TronCarry begins to drop.
Eventually, the contract is terminated (usually by the administrator), resulting in a loss for most participants.
As seen in the to dUh BlOcKcHaIn, TronCarry’s smart contract presently contains 1.6 million TRX.
This equates to a street value of USD 1.9 million.
Affiliates will awaken one day to discover the contract has been terminated. This has been the case with each smart-contract Ponzi scheme ever created.
TronCarry will be no exception.