TronChain Review – Ponzi Scheme – MLM Scam
Website & Company Information
The web domain of the company was registered on the 29th of July 2020. The website provides no information about the owner or the team behind the company. Although, “Swisscoin” is listed as the owner of the site.
Andreas Kartrud has been actively marketing TronChain through his personal youtube channel. A video posted on August 12th titled TRON CHAIN presentation & team call, Kartrud reveals himself as the creator of Tron Chain.
If you don’t Andreas Kartrud, we would like to glorify him as a serial fraudster as he had an active role in the following fraud and Ponzi schemes:
Shopping Sherlock, SwissCoin, Dominant Finance, WoToken, Up2Give, KryptoGlobe, 1 Click Trading and XOXO Network.
He was also seen promoting EtherChain, a smart-contract Ponzi scheme.
TronChain’s Products
The company has no retailable products or services, with affiliates only able to market TronChain affiliate membership itself.
TronChain’s Compensation Plan
Affiliates invest their funds into TRX cryptocurrency, on the promise of an advertised 310% ROI. The ROI is generated via a combination of:
- 1% a day passive return;
- 10% referral commission on funds invested by direct recruits; and
- a Matching Bonus on withdrawals by downline affiliates (details below).
Note: Once the ROI of 310% has been paid out, the affiliates must reinvest equal to or more than they last invested to continue earning.
Matching Bonus
A Matching Bonus is paid via a unilevel compensation structure, capped at fifteen:
- level 1 (direct recruits) — 30%
- levels 2 to 5–10%
- levels 6 to 10–8%
- levels 11 to 15–5%
Fifteen affiliates must be recruited if one wants to order to unlock all fifteen unilevel team levels.
Unlocking three levels require three direct recruitments. Similarly, unlocking ten levels require ten direct recruitments.
Top Referrer Pool
5% of daily company-wide investment is allotted into the Top Referrer Pool, of which 10% is paid out to TronChain’s four most active affiliate recruiters every 24 hours.
Distribution of the rest 90% takes place in an undisclosed manner.
Joining TronChain
Joining TronChain affiliate membership is free. However, full participation in the attached income opportunity requires a minimum investment of 100 TRX.
Conclusion
EtherChain recently went down, and that’s why Andreas launched TronChain.
TronChain = EtherChain 2.0
TronChain is using even the same website template.
As with EtherChain, TronChain’s only source of income is new investments, and once affiliate recruitment slows down, TronChain will begin to collapse.
When recruitment completely stalls, TronChain will collapse, resulting in the majority of affiliates losing money.
For Andreas and team to steal money, a whole lot of people have to lose it.