The Token Community operates within the cryptocurrency MLM area of interest. The corporate fails to supply a company tackle on its web site.
Heading up The Token Community is Venture Supervisor Benjamin Kang:
In keeping with Kang’s LinkedIn profile he’s based mostly out of Germany. That is presumably the place The Token Community is operated from.
All through many of the 2010s Kang participated in and promoted varied poker tournaments.
In mid 2020 Kang seems to have determined he wished to be a crypto bro. Cue The Token Community’s launch on or round October 2020.
So far as I can inform Kang has neither MLM or cryptocurrency government expertise previous to The Token Community.
Learn on for a full overview of The Token Community’s MLM alternative.
The Token Community’s Merchandise
The Token Community has no retailable services or products, with associates solely in a position to market The Token Community affiliate membership itself.
The Token Community’s Compensation Plan
The Token Community associates spend money on TTN and TTNP tokens.
TTN has a restricted provide of 10.000 token and affords the next advantages (if staked on TheToken.Community): receives 22.6% of all charges generated on the platform, receives 2% of curiosity TTNP accrued on TTNP liquidity staking swimming pools and 5% for all TTNP LPs actively staked, receives TTNP airdrop after TTN presale and preferential presale buying possibility of TTNP earlier than itemizing (there will probably be no public presale of TTNP token) , receives precedence to unique campaigns to excessive profile liquidity calls for.
TTNP has a restricted provide of 100.000.000 tokens and is the utility token for the platform. TTNP is offering liquidity for tokenized values and is required to repay liquidity granted.
TTNP receives 95% of the curiosity accrued in TTNP liquidity staking swimming pools.
In the event you’re nonetheless with me and didn’t commit suicide after studying all that, right here’s an easier rationalization:
The Token Community associates spend money on TTN and TTNP on the illustration of a return.
That return is paid main via collected charges, and a bunch of different crypto babble crap that’s not value losing time explaining.
Listed below are The Token Community funding package deal tiers:
- TTN Starter – €225 EUR
- TTN Lite – €550 EUR
- TTN Professional – €1000 EUR
- TTN Group Plus – €2500 EUR
- TTN Elite – €5000 EUR
- TTN Elite Plus – €10,000 EUR
- TTN Platinum – €25,000 EUR
- TTN Centurion – €50,000 EUR
Be aware that The Token Community’s compensation documentation doesn’t specify what number of tokens are acquired per funding tier.
On the MLM facet of issues, The Token Community pays associates to recruit new affiliate buyers.
Direct Recruitment Commissions
The Token Community associates obtain a direct recruitment fee per affiliate recruited:
- recruit a TTN Starter affiliate and obtain €25 EUR
- recruit a TTN Lite affiliate and obtain €60 EUR
- recruit a TTN Professional affiliate and obtain €115 EUR
- recruit a TTN Group Plus affiliate and obtain €300 EUR
- recruit a TTN Elite affiliate and obtain €600 EUR
- recruit a TTN Elite Plus affiliate and obtain €1250 EUR
- recruit a TTN Platinum affiliate and obtain €3200 EUR
- recruit a TTN Centurion affiliate and obtain €6500 EUR
Residual Commissions
The Token Community pays residual commissions by way of a sequence of TeamBooster swimming pools.
TeamBooster swimming pools are funded by an unspecified share of company-wide funding.
There are ten TeamBooster swimming pools:
- Starter
- Base
- Step
- Minor
- Superior
- Enterprise
- Premier
- Main
- Grasp
- Champion
TeamBooster pool tier qualification is calculated weekly. It’s based mostly off of private recruitment efforts and that of these you recruit (unilevel).
The preliminary quantity required to qualify for the Starter tier is €2500 EUR.
This consists of private funding and personally recruited affiliate funding quantity.
From there it’s a sliding scale. Qualification for every of the upper 9 TeamBooster pool tiers is dynamically calculated based mostly on complete quantity generated by TeamBooster certified associates.
Be aware that every week as much as 15% of every pool is moved up a pool tier or down a pool tier accordingly.
TeamBooster qualification quantity is counted at a price of fifty% of personally generated funding quantity (what you and people you recruit make investments), and as much as 100% of funding quantity generated by these you recruit.
- recruit one affiliate and 10% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit six associates and 20% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit eleven associates and 30% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit sixteen associates and 40% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit twenty-one associates and 50% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit twenty-six associates and 60% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit thirty-one associates and 70% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit thirty-six associates and 80% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit forty-one associates and 90% of their generated funding quantity counts in direction of your TeamBooster pool qualification
- recruit forty-six associates and 100% of their generated funding quantity counts in direction of your TeamBooster pool qualification
Be aware that TeamBooster pool quantity is accumulative, that means counted quantity doesn’t reset to zero every week.
Presumably the TeamBooster break up is 10% throughout the ten swimming pools nonetheless this isn’t specified.
First TeamBooster Qualification Bonus
When a The Token Community affiliate qualifies for the TeamBooster Bonus, they obtain a 15% bonus on their paid pool bonus for his or her first week.
TeamBooster Bonus
If a The Token Community affiliate generates 10% or extra of complete TeamBooster crew quantity, they obtain a ten% TeamBooster quantity bonus.
TeamBooster Pool Tier Bonus
When a The Token Community affiliate qualifies for the next TeamBooster pool, they obtain a “money bonus”.
It seems that is paid out any time an affiliate qualifies for the next pool, no matter whether or not they had been at that pool tier earlier than.
Be aware the particular money bonus quantity per pool tier certified for isn’t specified.
Becoming a member of The Token Community
The Token Community affiliate membership is tied to the acquisition of an funding package deal:
- TTN Starter – €225 EUR
- TTN Lite – €550 EUR
- TTN Professional – €1000 EUR
- TTN Group Plus – €2500 EUR
- TTN Elite – €5000 EUR
- TTN Elite Plus – €10,000 EUR
- TTN Platinum – €25,000 EUR
- TTN Centurion – €50,000 EUR
Any further charges should not disclosed.
Conclusion
The Token Community is one more “resolution with out a downside” MLM crypto DeFi scheme.
Earlier than we even get into the enterprise mannequin;
Customers of the platform will have the ability to tokenize their property within the second token TTNP.
Tokenize what property? And extra importantly, why?
Does tokenizing my property obtain any sensible function? And if I used to be going to carry out this pointless job, why not simply arrange an ERC-20 shittoken in 30 seconds at little to no value?
Why does The Token Community even exist?
As one can think about, trying on the latest DeFi funding worth in addition to our imminent actual world use case, it’s not unrealistic to see a 10x development inside months and even a 100x development throughout the first 12 months of operation.
We think about each tokens to be an especially worthwhile funding for all preliminary buyers.
Oh proper. The everyday make investments, *somethingsomething*, lambos to the moon MLM crypto bullshit.
And to market stated bullshit, The Token Community hopes to rope in celebrities and company companions for a little bit of legitimacy by way of affiliation.
Our true potential will solely be calculable as soon as we get publicity upon introduction of excessive profile use instances with each celebrities and well-known company companions.
At a base stage The Token Community is providing securities by means of anticipated passive returns via their TTN and TTNP tokens.
The Token Community makes no illustration it has registered its securities providing BaFin, Germany’s high monetary regulator, or monetary regulators in another nation.
Because of this no matter anything, The Token Community is committing securities fraud and working illegally.
Past that we have now funding and pyramid fraud.
The Token Community operates as a Ponzi scheme by recycling invested funds to pay token withdrawals.
This occurs via an inside alternate.
Pyramid fraud exists by means of each fee paid via The Token Community’s compensation plan being tied to recruitment.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may go away The Token Community unable to pay ROI withdrawal requests, finally resulting in collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.