Dumb math Russian crypto Ponzi


Phenomenal Membership gives no details about who owns or runs the corporate on its web site.

Phenomenal Membership’s web site area (“pnmtoken.com”) was privately registered on October thirteenth, 2020.

On the time of publication Phenomenal Membership’s web site is a funnel to the corporate’s Telegram bot.

Phenomenal Membership guarantees {that a} “entire new web site and product” is coming in some unspecified time in the future.

In the meantime a go to to Phenomenal Membership’s official YouTube channel reveals a considerable amount of Russian advertising and marketing movies:

This strongly suggests whoever is operating Phenomenal Membership is predicated out of Russia and/or the Ukraine.

Alexa at the moment ranks high sources of visitors to Phenomenal Membership’s web site as Uzbekistan (64%), Russia (14%) and the Ukraine (5%).

As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.

Phenomenal Membership’s Merchandise

Phenomenal Membership has no retailable services or products.

Associates are solely capable of market Phenomenal Membership affiliate membership itself.

Phenomenal Membership’s Compensation Plan

Phenomenal Membership associates buy 1 phenomenal token (PNM) positions in a seventeen-tier 2×2 matrix cycler.

Notice that Phenomenal Membership don’t publish the present internally manipulated worth of PNM.

A 2×2 matrix locations an affiliate on the high of a matrix, with two positions straight below them:

These two positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these two positions into one other two positions every.

Every 2×2 matrix homes six positions. Because the 4 positions on the second stage are crammed, commissions are paid out.

When all 4 positions are crammed, through direct and oblique recruitment of Phenomenal Membership associates who purchase into the cycler, a “cycle” is triggered.

Along with receiving the fourth fee payout (for filling the fourth place) and new lesser tier cycler positions, the place on the high of the matrix additionally “cycles” into the subsequent cycler tier.

Notice that fee funds for filling cycler positions are paid in PNM tokens.

To maintain factor easy, I’m simply going to bundle full funds throughout every Phenomenal Membership cycler tier (versus every particular person cost for filling one place).

With all that in thoughts, these are the corresponding payouts throughout Phenomenal Membership’s seventeen tier cycler:

  • SP1 – 1 PNM in cycle commissions and cycles into SP2
  • SP2 – 3 PNM in cycle commissions, generates two new SP1 positions and cycles into SP3
  • SP3 – 5 PNM in cycle commissions, generates 4 new SP1 positions and cycles into SP4
  • SP4 – 1 PNM in cycle commissions, generates eight SP1 positions and cycles into SP5
  • SP5 – 88.4 PNM in cycle commissions, generates twelve SP1 positions, one SP2, SP3 and SP4 place and cycles into SP6
  • SP6 – 66.66 PNM in cycle commissions, generates sixteen SP1 positions, one SP2 and SP3 place, and cycles into SP7
  • SP7 – 92.47 PNM in cycle commissions, generates twenty-four SP1 positions, two SP2 positions and one SP3 place, and cycles into SP8
  • SP8 – 135.76 PNM in cycle commissions, generates twenty-eight SP1 positions, two SP2 positions, one SP3 and SP4 place, and cycles into SP9
  • SP9 – 146.76 PNM in cycle commissions, generates thirty-two SP1 positions, two SP2 positions and one SP3, SP4 and SP6 place, and cycles into SP10
  • SP10 – 126.76 PNM in cycle commissions, generates ten SP2 positions, one SP6 and SP7 place, and cycles into SP11
  • SP11 – 253.52 PNM in cycle commissions, generates one SP5, SP6, SP7 and SP8 place, and cycles into SP12
  • SP12 – 507.04 PNM in cycle commissions, two SP5, SP6 and SP7 positions, generates one SP8 and SP9 place, and cycles into SP13
  • SP13 – 1014.08 PNM in cycle commissions, generates two SP2, SP3, SP4, SP5, SP6, SP7, SP8 and SP9 positions, generates one SP10 place and cycles into SP14
  • SP14 – 2654.40 PNM in cycle commissions, generates eight SP2, SP3, SP4 and SP5 positions, and cycles into SP15
  • SP15 – 4720.35 PNM in cycle commissions, generates sixteen SP6 positions, generates eight SP7, SP8 and SP9 positions, and cycles into SP16
  • SP16 – 8884 PNM in cycle commissions, generates eight SP10 positions, generates 4 SP11 and SP12 positions, generates two SP13 positions, and cycles into SP17
  • SP17 – 24,099.18 PNM in cycle commissions, generates 100 SP2, SP3 and SP4 positions, generates 50 SP5 positions, generates forty SP6 positions, generates thirty SP7 positions, generates twenty SP8 positions, generates two SP14 and SP15 positions, and generates one new SP17 place

Referral Commissions

Referral commissions are paid upline throughout three ranges of recruitment (suppose unilevel three ranges however paid up).

That’s the recruiting affiliate, whoever recruited them (first upline) and whoever recruited them (second upline).

Phenomenal Membership pays a referral fee when sure positions throughout every matrix tier are crammed.

Reasonably than record them individually, I’ve grouped them collectively per cycler tier as a complete.

  • SP1 – no referral commissions paid
  • SP2 – 1 PNM paid upline
  • SP3 – no referral commissions paid
  • SP4 – 2 PNM paid upline
  • SP5 – 14 PNM paid upline
  • SP6 – 7.5 PNM paid upline
  • SP7 – 10.25 PNM paid upline
  • SP8 – 15.37 PNM paid upline
  • SP9 – 25.56 PNM paid upline
  • SP10 – 3.81 PNM paid upline
  • SP11 – 38.09 PNM paid upline
  • SP12 – 51.9 PNM paid upline
  • SP13 – no referral commissions paid
  • SP14 – 657.80 PNM paid upline
  • SP15 – 745.25 PNM paid upline
  • SP16 – 932.96 PNM paid upline
  • SP17 – 2305.61 PNM paid upline

As I perceive it these quantities are paid to every of the three upline associates (versus the quantity being break up).

Becoming a member of Phenomenal Membership

Phenomenal Membership affiliate membership seems to be free.

Full participation within the hooked up MLM alternative is tied to a minimal 1 PNM cycler place buy.

Phenomenal Membership Conclusion

Phenomenal Membership combines Ponzi factors with a easy matrix Ponzi cycler.

PNM is nugatory outdoors of Phenomenal Membership itself. This manipulation is predicated on a few of the dumbest math I’ve seen, even for MLM crypto.

PNM’s inner worth is supposedly pegged to the speed of funding. Associates make investments bitcoin, get PNM and that drives up PNM’s inner worth.

PNM began at $1 when it launched, permitting admins and early adopters to get in low-cost.

Phenomenal Membership doesn’t ever drop the inner worth of PNM. They declare that is sustainable as a result of when an affiliate withdraws, by changing PNM again into bitcoin, the corporate destroys the withdrawn PNM tokens.

Placing apart Phenomenal Membership can generate infinity tokens, solely ever rising the worth of the token will exhaust invested bitcoin.

Whether or not you destroy tokens which are used to withdraw has no impact on invested bitcoin depleting each time there’s a withdrawal request.

Phenomenal Membership refers to their Ponzi cycler as “staking swimming pools”. That apart it’s a straight-forward seventeen-tier cycler.

Associates buy matrix positions for 1 PNM. They then proceed by means of the cycler so long as new positions are bought by newly recruited and current associates after them.

One want solely take a look at the big quantity of phantom positions generated by only one place biking by means of all seven tiers, to comprehend that is simply as unsustainable because the PNM inner worth math.

Like every cycler, Phenomenal Membership’s cycler will shuffle a lot of the paid in bitcoin to early positions – held completely by its nameless admins and early recruiters.

When recruitment tanks, all people else’s positions are trapped within the system. The cash hooked up to those positions has already been withdrawn, and the system collapses.

Going by the message on Phenomenal Membership’s web site, this seems to have already or be within the means of occurring.

One can safely assume Phenomenal Membership’s “entire new web site and product” will probably be extra of the identical.

On the finish of the day although you possibly can’t beat math. The vast majority of members in Ponzi schemes inevitably lose out.