Tremendous CodingFly has a web site area however solely makes use of the area to host its bot app.
There isn’t any firm web site on the Tremendous CodingFly area.
The area itself (“scfly.io”) was registered on February twenty first, 2019.
Hong Cao is listed because the proprietor, by means of an handle in Anhui, China.
Regardless of its web site area solely current as of final month, Tremendous CodingFly’s advertising materials claims the corporate has been round since 2015.
Regardless of the hyperlinks to China, Tremendous CodingFly claims its headquarters are in Singapore. That is supposedly by means of a monetary relationship with ZB Change, a Singaporean cryptocurrency trade.
Apart from serving as social media advertising fodder, there doesn’t seem like any relevance to this connection.
Tremendous CodingFly’s advertising materials cites Bruce Zhang as CEO of the corporate.
Zhang claims to be an “early investor of bitcoin” and supposedly based Tremendous CodingFly in 2015.
He’s additionally cited because the CEO of ZB Mega, a shell firm tying Tremendous CodingFly and ZB Change collectively.
Exterior of Tremendous CodingFly advertising materials, Zhang doesn’t have a digital footprint.
Not less than so far as MLM goes, Tremendous CodingFly seems to be Zhang’s first MLM enterprise.
Learn on for a full overview of the Tremendous CodingFly MLM alternative.
Tremendous CodingFly Merchandise
Tremendous CodingFly has no retailable services or products, with associates solely capable of market Tremendous CodingFly affiliate membership itself.
The Tremendous CodingFly Compensation Plan
Tremendous CodingFly associates make investments ethereum on the promise of marketed returns.
- make investments 0.8 ETH and obtain a month-to-month 8% ROI
- make investments 3.9 to 23 ETH and obtain a month-to-month 12% ROI
- make investments 23 to 230 ETH and obtain a 16% ROI
- make investments 230 to 390 ETH and obtain an 18% ROI
Tremendous CodingFly pays returns and commissions in SCF Tokens.
SCF Tokens haven’t any worth outdoors of Tremendous CodingFly itself.
The corporate doesn’t publish the present SCF Token inside worth.
Residual Commissions
To qualify for residual commissions, a Tremendous CodingFly affiliate should make investments a minimum of 0.8 ETH.
Tremendous CodingFly pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, 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 staff.
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.
Tremendous CodingFly caps payable residual commissions at ten ranges.
Residual commissions are paid out as 10% of returns obtained by associates throughout ten unilevel staff ranges.
In an effort to earn past the primary ten unilevel staff ranges, Tremendous CodingFly associates should meet extra qualification standards.
- S1 (recruit a minimum of ten investing associates and generate a minimum of $150,000 in downline SCF token ROI quantity) = 6% residual commissions on unilevel staff returns from degree 11 to infinite depth
- S2 (have a minimum of three S1 associates in your downline, in a minimum of two completely different unilevel staff legs) = 9% residual fee on unilevel staff returns from degree 11 to infinite depth
- S3 (have a minimum of three S2 associates in your downline, in a minimum of two separate unilevel staff legs) = 12% residual fee on unilevel staff returns from degree 11 to infinite depth
- SCF (have a minimum of three S3 associates in your downline, in a minimum of two separate unilevel staff legs) – 15% residual fee on unilevel staff returns from degree 11 to infinite depth
World Pool
SCF ranked Tremendous CodingFly associates obtain a share in 5% of company-wide funding quantity.
Becoming a member of Tremendous CodingFly
Tremendous CodingFly affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 0.8 ETH funding.
Conclusion
We’re on the level now the place MLM cryptocurrency Ponzi schemes don’t even want web sites.
As a substitute they’re promoted throughout social media networks and chatrooms.
There’s in fact no reliable purpose for this, aside from the hope of flying below the regulatory radar for just a bit longer.
Tremendous CodingFly is not any completely different to the remainder of the MLM crypto Ponzi bots doing the rounds.
SCF Token is an ERC-20 token, which anybody can arrange in about 5 minutes.
SCF Token brings nothing new to the cryptocurrency area of interest, serving solely as a car for Tremendous CodingFly to commit Ponzi fraud by means of.
Mentioned Ponzi fraud is dedicated by means of a bot, which tracks new funding and makes use of it to pay current SCF Token buyers.
On the pseudo-compliance aspect of issues, Tremendous CodingFly claims to generate exterior ROI income by means of funding within the regular Ponzi clichés:
- monetary transactions
- personal fairness funds
- shares, futures, bonds, international exchanges
- commodity buying and selling advisors
Naturally there’s no proof to assist any of those claims. Moreover additionally they fail the Ponzi logic take a look at.
If Tremendous CodingFly was already investing funds within the above actions, such they had been producing returns of as much as 18% a month – why would they be soliciting funding from randoms over the web?
Because it stands Tremendous CodingFly’s solely verifiable supply of ROI income is new funding.
Utilizing newly invested funds to pay current buyers a month-to-month ROI makes confirms Tremendous CodingFly is a Ponzi scheme.
Tremendous Buying and selling Fly can be not registered to supply securities in any jurisdiction it solicits funding in (notably Singapore, South Korea and China), including an extra layer of securities fraud to the scheme.
By now you ought to be accustomed to the MLM crypto exit-scam mannequin. This appears to already be in place and will likely be facilitated by means of ZB Change in some unspecified time in the future.
Lengthy story brief; As soon as Bruce Zhang and the gang really feel they’ve stolen sufficient cash in trade for nugatory SCF Tokens (or recruitment collapses), they’ll record SCF publicly, unload in the course of the preliminary pump after which do a runner.
Tremendous CodingFly bagholder associates who had been duped into believing lambo riches had been simply across the nook, then watch their SCF plummet to a public buying and selling worth of zero.
That is just about the endgame of each MLM cryptocurrency firm. Tremendous CodingFly gained’t play out any completely different.