George Goodman’s “The Time Network” Ponzi


EON operates within the MLM cryptocurrency area of interest.

The corporate is headed up by George Goodman.

Goodman made his MLM debut in 2020 as President and CEO of Xifra.

Xifra is a Ponzi scheme that markets 200% returns on investments of as much as $100,000.

Apart from seem in a number of promo movies, Goodman didn’t do a lot and disappeared shortly after launch.

As per EON’s advertising and marketing materials;

The Mexican-American George Goodman, acknowledged as a visionary and pioneer of finance, launches his new platform to the world on February 18, 2022 from town of Guadalajara.

Guadalajara is in Mexico, which inserts with Xifra being a Mexican Ponzi scheme.

Learn on for a full evaluation of EON’s MLM alternative.

EON’s Merchandise

EON has no retailable services or products.

Associates are solely in a position to market EON affiliate membership itself.

EON’s Compensation Plan

EON associates make investments cryptocurrency on the promise of a 300% ROI, paid over 20 months.

  • Free Plan – no price
  • Second – 250 USDT
  • Minute – 350 USDT
  • Hour – 500 USDT
  • Date – 1000 USDT
  • Week – 1500 USDT
  • Month – 3000 USDT
  • 12 months – 5000 USDT
  • Biennium – 10,000 USDT
  • Lustrum – 15,000 USDT
  • Decade – 30,000 USDT
  • Century – 50,000 USDT
  • Millenium – 100,000 USDT
  • Age – 250,000 USDT

Be aware that whereas the above quantities are quoted in tether, EON additionally solicits funding in bitcoin.

As soon as bitcoin is invested it’s transformed into an EON “inside token”. Returns are paid on this inside token till a withdrawal in bitcoin is initiated.

The MLM aspect of EON pays on funding by recruited associates.

EON Affiliate Ranks

There are ten ranks inside EON’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • E1 – enroll as an EON affiliate and make investments 250 USDT or extra
  • E2 – preserve a 250 USDT minimal funding,personally recruit two associates and generate 1000 USDT in downline funding quantity
  • E3 – preserve a 250 USDT minimal funding, personally recruit three associates and generate 3000 USDT in downline funding quantity
  • E4 – make investments 500 USDT or extra, preserve three personally recruited associates, generate 1000 USDT in personally recruited affiliate funding quantity, and generate 5000 USDT in whole downline funding quantity
  • Chronos 10 – make investments 3000 USDT or extra, recruit and preserve 4 associates (two E3 or increased), generate 5000 USDT in personally recruited affiliate funding quantity, and generate 20,000 USDT in whole downline funding quantity
  • Chronos 50 – make investments 5000 USDT or extra, preserve 4 personally recruited associates (three E4 or increased), generate 10,000 USDT in personally recruited affiliate funding quantity, and generate 100,000 USDT in whole downline funding quantity
  • Chronos 100 – make investments 10,000 USDT or extra, recruit and preserve 5 associates (4 Chronos 10 or increased), generate 20,000 USDT in personally recruited affiliate funding quantity, and generate 500,000 USDT in whole downline funding quantity
  • Chronos 200 – make investments 15,000 USDT or extra, preserve 5 personally recruited associates (4 Chronos 50 or increased), generate 30,000 USDT in personally recruited affiliate funding quantity, and generate 2,500,000 USDT in whole downline funding quantity
  • Chronos 500 – make investments 30,000 USDT or extra, recruit and preserve seven associates (4 Chronos 100 or increased), generate 40,000 USDT in personally recruited affiliate funding quantity, and generate 12,000,000 USDT in whole downline funding quantity
  • EON – make investments 50,000 USDT or extra, preserve seven personally recruited associates (4 Chronos 200 or increased), generate 50,000 USDT in personally recruited affiliate funding quantity, and generate 100,000,000 USDT in whole downline funding quantity

Be aware that recruited associates should have invested to depend in direction of rank qualification standards.

Referral Commissions

EON pays referral commissions by way of a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned instantly below them (degree 1):

If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.

If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.

EON caps payable unilevel crew ranges at 4.

Referral commissions are paid as a share of cryptocurrency invested throughout these 4 ranges based mostly on rank:

  • E1 ranked associates earn 10% on degree 1 (personally recruited associates)
  • E2 ranked associates earn 10% on degree 1 and 4% on degree 2
  • E3 ranked associates earn 10% on degree 1 and 4% on ranges 2 and three
  • E4 ranked associates earn 10% on degree 1 and 4% on ranges 2 to 4

For Chronos 10 and better ranked residual commissions, see “Time Chief Commissions” under.

Time Chief Commissions

Chronos 10 and better ranked associates earn residual commissions down a theoretically infinite unilevel crew depth.

  • Chronos 10 ranked associates earn 3% on ranges 1 to 10
  • Chronos 50 ranked associates earn 3% on ranges 1 to twenty
  • Chronos 100 ranked associates earn 3% on ranges 1 to 50
  • Chronos 200 ranked associates earn 3% on ranges 1 to 100
  • Chronos 500 ranked associates earn 3% on ranges 1 to 200
  • EON ranked associates earn 2% on all obtainable unilevel crew ranges

Rank Achievement Bonus

EON rewards associates for qualifying at Chronos 10 and better with the next one-time Rank Achievement Bonuses:

  • qualify at Chronos 10 and obtain $1000
  • qualify at Chronos 50 and obtain $5000
  • qualify at Chronos 100 and obtain $10,000
  • qualify at Chronos 200 and obtain $50,000
  • qualify at Chronos 500 and obtain $100,000
  • qualify at EON and obtain $250,000

Be aware that though the above quantities are quoted in USD, Rank Achievement Bonuses are paid in cryptocurrency (which isn’t specified).

Becoming a member of EON

EON affiliate membership is tied to $250 to $250,000 funding in tether or bitcoin.

There’s a free EON affiliate membership tier however given recruitment is required to qualify for commissions, I’m undecided what the purpose of it’s.

EON Conclusion

EON is marketed as a “hybrid wdao”. This crypto bro communicate for “Ponzi scheme”.

If you happen to’re going by means of EON’s advertising and marketing you may safely discard all of the crypto buzzwords and guarantees. What you’re is an easy MLM crypto Ponzi scheme.

You enroll, make investments and acquire a 300% ROI over 20 months, paid weekly.

Returns are in fact numbers of display (tracked by means of a smart-contract and nugatory inside token), with returns solely truly being realized when a withdrawal request is put in.

Be cautious of EON associates making an attempt to persuade you of legitimacy by claiming to be withdrawing. Whereas they may actually be withdrawing, math is math and EON can’t pay out greater than is invested.

This makes it mathematically inconceivable for almost all of EON associates to get better their preliminary funding – not to mention flip a revenue over time.

EON being a Ponzi scheme shouldn’t come as a shock, given George Goodman came visiting from the 200% ROI Xifra Ponzi scheme.

The MLM aspect of EON operates as a pyramid scheme, paying commissions on recruitment of affiliate traders.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This may starve associates of ROI income, ultimately prompting a collapse.

The maths behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.