P2 Tron gives no info on its web site about who owns or runs the corporate.
P2 Tron’s web site area (“p2tron.com”) was privately registered on August nineteenth, 2020.
P2 Tron’s official Fb group has one admin, Shawn Kim. Frank Trenado is the group’s sole moderator.
Kim is a Faceless Fb profile that has been dormant for years. The account has been used to advertise USI-Tech and Jeunesse (Brazil) up to now.
Certainly one of Kim’s posts references “Richmond” a P2 Tron co-creator.
Whether or not Shawn Kim is an precise particular person or the account or was just lately bought is unclear.
Equally, Frank Trenado’s Fb profile hasn’t been dormant since 2013.
There’s a YouTube channel bearing Trenado’s title. It incorporates a Primerica advertising video uploaded in September 2015.
Trenado options within the video at [0:34]:
The opposite video on Trenado’s channel is a promo for the Eyeline Buying and selling Ponzi scheme.
As per their respective Fb profiles, each Kim and Trenado are based mostly out of California.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
P2 Tron’s Merchandise
P2 Tron has no retailable services or products, with associates solely capable of market P2 Tron affiliate membership itself.
P2 Tron affiliate membership gives entry to a digital advertising library.
P2 Tron’s Compensation Plan
P2 Tron associates make investments $10 value of TRON right into a break up cycler and pyramid compensation plan.
Cycler Commissions
$5 of the preliminary P2 Tron buy-in is spent on a matrix cycler place. P2 Tron discuss with their 2×1 matrix cycler as “Xfactor”.
A 2×1 matrix is easy in nature, requiring solely two positions to be crammed to set off a cycle.
The cycler pays a $5 ROI (100%), acquired by filling the primary matrix place within the 2×1 matrix.
Filling the second matrix place triggers a cycle, creating a brand new 2×1 matrix place.
By means of repeated biking, a P2 Tron affiliate is ready to obtain greater than their preliminary $5 cycler place funding.
Along with the primary $5 tier, P2 Tron provides one other 9 cycler tiers:
- tier 2 – $10 value of tron
- tier 3 – $20 value of tron
- tier 4 – $40 value of tron
- tier 5 – $80 value of tron
- tier 6 – $160 value of tron
- tier 7 – $320 value of tron
- tier 8 – $640 value of tron
- tier 9 – $1280 value of tron
- tier 10 – $2560 value of tron
The maths on every tier is similar as tier 1:
- make investments the required quantity;
- steal cash from the primary place crammed beneath you; and
- the second place income is used to generate a brand new place on the identical cycler tier.
Mathematically this equates to a 100% ROI per cycle.
Pyramid Recruitment
P2 Tron pays recruitment commissions out through a unilevel compensation construction. The unilevel construction is called “Prime”.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Recruitment commissions are paid as 10% of funds paid into Prime, capped down ten ranges of recruitment.
An official P2 Tron advertising video uploaded per week in the past suggests Prime has the identical ten buy-in tiers as Xfactor.
This implies that the ten ranges are tied, which means efficient buy-in at every stage is double (the whole quantity required to buy-in).
Becoming a member of P2 Tron
P2 Tron affiliate membership is tied to a minimal $10 funding in tron.
P2 Tron advertising materials suggests full participation within the hooked up earnings alternative prices $5115.
Be aware that every one funds in P2 Tron (each paid and acquired) are made in tron.
Conclusion
Utilizing the cliche “crowdfunding” ruse, P2 Tron runs a easy Ponzi scheme.
New associates join, put money into cycler positions and that cash is paid to current associates who’ve beforehand invested.
That is as basic a Ponzi scheme as you will get.
Seeing as P2 Tron’s Ponzi scheme requires recruitment of recent buyers to remain afloat, you might have the pyramid recruitment element of the comp plan.
Associates get recruited, they make investments and commissions are paid. Once more, a easy pyramid mannequin.
P2 Tron being a wise contract on the tron blockchain is neither right here nor there. It’s simply one other automobile to commit usual fraud by way of.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
It will starve P2 Tron of recent funding, finally leading to its matrix cycler stalling.
It needs to be famous that matrix cyclers primarily profit their house owners and people who get in early.
By means of a number of preloaded admin positions, cycler admins obtain the vast majority of invested funds.
This happens as a result of their positions cycle by way of the higher tiers first. That is the place the lion’s share of invested funds is stolen.
Prime recruiters get what’s left. And for this to occur, the vast majority of P2 Tron associates should lose cash.
Such is the maths behind Ponzi schemes, be they on “the blockchain” or every other platform.