James Ward enters smart contract Ponzis


To the most effective of my information Lion’s Share doesn’t have an internet site.

The MLM alternative is promoted primarily by means of social media, particularly Fb, Telegram, WhatsApp and YouTube.

The face of Lion’s Share advertising is James Ward.

James Ward (proper) first popped up on BehindMLM’s radar in 2010, because the CEO of LGN Prosperity.

LGN Prosperity marketed journey vouchers, with every voucher producing a place in a matrix 2×2 cycler.

Following months of associates not getting paid, in mid 2011 LGN Prosperity morphed into LGN Worldwide.

This name-change introduced on the addition of commissions paid on journey providers booked by means of LGN.

LGN Worldwide ultimately collapsed in mid to late 2013, with Ward heading up iBizWave as CEO and co-founder in early 2014.

In 2015 Ward launched 2SL Begin Dwelling, which noticed him return to the journey MLM area of interest.

2SL Begin Dwelling was short-lived, prompting Ward to launch Pangea in 2016.

Pangea’s unique enterprise mannequin was a matrix cycler hiding behind journey.

By early 2017 Pangea had collapsed. Ward rebooted Pangea with a brand new compensation plan.

The one materials distinction was the cycler expanded to 3 tiers, so it’s not shocking that Pangea 2.0 additionally didn’t final lengthy.

In late 2019 Ward resurfaced with Sports activities Buying and selling BTC, a crypto Ponzi scheme.

Sports activities Buying and selling BTC collapsed by December 2019, prompting Ward to reboot the scheme as International Credit Community.

As per web site visitors charts offered by Alexa, International Credit Community collapsed in or round April 2020.

Promotion of Lion’s Share started in late June 2020.

Learn on for a full evaluate of Lion’s Share’s MLM alternative.

Lion’s Share’s Merchandise

Lion’s Share has no retailable services or products, with associates solely in a position to market Lion’s Share affiliate membership itself.

Lion’s Share’s Compensation Plan

Lion’s Share associates buy 0.02 ETH positions in a two-tier matrix cycler.

Lion’s Share names their two cyclers L1 and L2.

Observe that Lion’s Share associates can solely earn on cycler tiers they themselves have purchased into.

L1

Lion’s Share’s L1 cycler is made up of sixteen 3×1 matrices.

A 3×1 matrix is easy in nature, requiring three positions to be stuffed to set off a cycle.

Positions within the matrix are stuffed when personally recruited associates buy 0.02 ETH positions.

Funds throughout the sixteen L1 cycler tiers are as follows:

  • Tier 1 – make investments 0.02 ETH, obtain 0.04 ETH and a brand new tier 1 place
  • Tier 2 – make investments 0.05 ETH, obtain 0.1 ETH and a brand new tier 2 place
  • Tier 3 – make investments 0.1 ETH, obtain 0.2 ETH and a brand new tier 3 place
  • Tier 4 – make investments 0.2 ETH, obtain 0.4 ETH and a brand new tier 4 place
  • Tier 5 – make investments 0.3 ETH, obtain 0.6 ETH and a brand new tier 5 place
  • Tier 6 – make investments 0.4 ETH, obtain 0.8 ETH and a a brand new tier 6 place
  • Tier 7 – make investments 0.5 ETH, obtain 1 ETH and a brand new tier 7 place
  • Tier 8 – make investments 1 ETH, obtain 2 ETH and a brand new tier 8 place
  • Tier 9 – make investments 2 ETH, obtain 4 ETH and a brand new tier 9 place
  • Tier 10 – make investments 3 ETH, obtain 6 ETH and a brand new tier 10 place
  • Tier 11 – make investments 4 ETH, obtain 8 ETH and a brand new tier 11 place
  • Tier 12 – make investments 5 ETH, obtain 10 ETH and a brand new tier 12 place
  • Tier 13 – make investments 6 ETH, obtain 12 ETH and a brand new tier 13 place
  • Tier 14 – make investments 7 ETH, obtain 14 ETH and a brand new tier 14 place
  • Tier 15 – make investments 10 ETH, obtain 20 ETH and a brand new tier 15 place
  • Tier 16 – make investments 16 ETH, obtain 32 ETH and a brand new tier 16 place

When you run the mathematics, Lion’s Share associates obtain funds from the primary two positions stuffed of their L1 matrix at any tier.

Fee from the third place is shipped upline (the affiliate who recruited you), creating a brand new matrix place for you in that tier of their L2 matrix.

That is primarily a 50% upline match on each affiliate they recruit that cycles out of an L1 matrix (any tier).

L2

Lion’s Share’s L2 cycler is made up of sixteen 2×2 matrices.

A 2×2 matrix locations an affiliate on the prime 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 first two positions into one other two positions every (4 positions).

Positions on this matrix are stuffed when different Lion’s Share associates buy positions (straight or not directly recruited).

The fee methodology for all sixteen L2 cycler tiers is as follows:

  • the primary two positions pay upline
  • positions three to 5 on the second matrix stage are saved
  • the sixth place is paid upline (creates a brand new matrix place for you of their matrix)

Funds throughout Lion’s Share’s L2 matrix are as follows:

  • Tier 1 – make investments 0.02 ETH, obtain 0.06 ETH and a brand new tier 1 place
  • Tier 2 – make investments 0.05 ETH, obtain 0.15 ETH and a brand new tier 2 place
  • Tier 3 – make investments 0.1 ETH, obtain 0.3 ETH and a brand new tier 3 place
  • Tier 4 – make investments 0.2 ETH, obtain 0.6 ETH and a brand new tier 4 place
  • Tier 5 – make investments 0.3 ETH, obtain 0.9 ETH and a brand new tier 5 place
  • Tier 6 – make investments 0.4 ETH, obtain 1.2 ETH and a brand new tier 6 place
  • Tier 7 – make investments 0.5 ETH, obtain 1.5 ETH and a brand new tier 7 place
  • Tier 8 – make investments 1 ETH, obtain 3 ETH and a brand new tier 8 place
  • Tier 9 – make investments 2 ETH, obtain 6 ETH and a brand new tier 9 place
  • Tier 10 – make investments 3 ETH, obtain 9 ETH and a brand new tier 10 place
  • Tier 11 – make investments 4 ETH, obtain 12 ETH and a brand new tier 11 place
  • Tier 12 – make investments 5 ETH, obtain 15 ETH and a brand new tier 12 place
  • Tier 13 – make investments 6 ETH, obtain 18 ETH and a brand new tier 13 place
  • Tier 14 – make investments 7 ETH, obtain 21 ETH and a brand new tier 14 place
  • Tier 15 – make investments 10 ETH, obtain 30 ETH and a brand new tier 15 place
  • Tier 16 – make investments 16 ETH, obtain 48 ETH and a brand new tier 16 place

L2 upline commissions are primarily a 100% match, producing the identical ROI on every tier because the affiliate filling their matrix.

Becoming a member of Lion’s Share

Lion’s Share affiliate membership is free.

Participation within the connected revenue alternative prices:

  • 55.7 ETH for L1;
  • 55.7 ETH for L2; or
  • 111.14 ETH for each cycler tiers.

Conclusion

Lion’s Share is one more MLM firm working a Ponzi scheme by means of an ethereum sensible contract.

Lion’s Share combines components of Ponzi, gifting and pyramid schemes.

The Ponzi component is happy by the use of Lion’s Share paying a 200% ROI on L1 tiers and 300% ROI on L2 tiers, each funded by subsequent funding.

The gifting component is happy by funds despatched from one Lion’s Share investor to a different, straight by means of the sensible contract.

The pyramid component is happy by the use of Lion’s Share requiring fixed recruitment to remain afloat.

With out recruitment Lion’s Share’s matrices stall, ultimately prompting a company-wide collapse.

As with all matrix cycler, James Ward and his buddies will obtain the lion’s share of invested funds.

This happens by means of a number of preloaded admin positions.

These positions sit on the prime of the company-wide matrix, biking essentially the most on the higher tiers and thus extracting the biggest sum of cash.

To ensure that this to occur, the vast majority of Lion’s Share associates need to lose cash.

Be cautious of random associates claiming as a result of they received paid Lion’s Share isn’t a rip-off.

Lion’s Share isn’t above math. Ponzi schemes are a zero-sum sport during which the vast majority of individuals are mathematically assured to lose cash.