When an MLM crypto scheme realizes its Ponzi token isn’t going anyplace, it’s frequent to only dump it and launch one other one.
The concept is to create a brand new pump to herald new bagholders to dump the unique transformed tokens onto.
GSPartners is the most recent Ponzi scheme to rebrand itself as a shitcoin manufacturing unit.
A go to to GSPartners’ web site reveals the message “June is the magic month”. A timer beneath the message counts right down to 17 days.
Based mostly on leaked advertising materials, GSPartners’ announcement seems to be tied into their but to be launched JONE token.
The ruse behind JONE is tied to the J One house tower in Dubai.
J One was a venture initiated by RKM Durar Properties. Building started in August 2017 and completed in June 2020.
GSPartners is pitching their JONE token as a “distinctive solution to redeem a lodge house enterprise”.
The illustration appears to be JONE flooring area has been “tokenized”, one thing one thing right here’s a brand new shitcoin to put money into.
Why does a accomplished house block in Dubai must be tokenized? As a result of blockchain, that’s why.
Whether or not J One the constructing has something to do with GSPartners’ JONE tokens isn’t even clear.
Even when we play satan’s advocate and assume it does, what does that even imply?
If none of that is making any sense of you, welcome to the MLM crypto area. Any excuse to get you to put money into some newly launched coin.
To assist make sense of GSPartners’ newest advertising ruse, it’s worthwhile to have a look at their present shitcoin, G999.
GSPartners launched after former Karatbars Worldwide government Josip Heit spat the dummy and break up.
Karatbars has its V999 token. Heit and GSPartners have their G999 token. Sure that’s as silly because it sounds.
Since being dumped on dodgy public exchanges earlier this 12 months, G999 pumped to 2.1 cents.
That was in February. Being a Ponzi coin G999 then promptly dumped to its present worth of $0.004; lower than half a cent.
And so we now have Josip Heit operating his Ponzi coin script once more. And out pops JONE.
GSPartners associates will in a position to convert their nugatory G999 token balances into JONE.
Presumably this may happen earlier than the general public launch in 17 days. After which new bagholders shall be sought to dump JONE tokens onto.
From there you want solely have a look at G999 again in February to see what is going to occur.
JONE shall be dumped on the identical dodgy exchanges G999 is on. There shall be an preliminary pump, cashing out and the dump.
What number of shitcoins Heit launches will in all probability be decided by what number of new JONE bagholders leap on board.
I’ll verify again on June twenty seventh for an replace.
Replace 18th June 2021 – RKM Durar Properties has denied any data or affiliation with GSPartners and Josip Heit.