Tronex World offers no details about who owns or runs the corporate on its web site.
Tronex World’s web site area (“tronex.world”) was privately registered on October eighth, 2020.
We lately got here throughout Tronex in our ETH-X smart-contract Ponzi overview.
ETH-X’s web site source-code referenced “tronex.web”, which at the moment shows the next message:
Tronex’s unique incarnation seems to have collapsed, prompting Tronex World’s launch as a reboot.
It’s extremely possible the identical admin is operating all three schemes.
On the time of publication Alexa ranks Russia (18%), the US (12%) and India (10%), as the highest three sources of site visitors to Tronex World’s web site.
As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Tronex World’s Merchandise
Tronex World has no retailable services or products, with associates solely in a position to market Tronex World affiliate membership itself.
Tronex World’s Compensation Plan
Tronex World associates make investments 100 TRX or extra on the promise of an marketed 200% ROI.
Referral commissions on invested funds are paid out by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned instantly underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Tronex World caps payable unilevel staff ranges at ten.
Referral commissions are paid out as a proportion of tron invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 4%
- stage 2 – 2%
- stage 3 – 1%
- ranges 4 to 10 – 0.5%
Becoming a member of Tronex World
Tronex World affiliate membership is tied to a minimal 100 TRX funding.
Conclusion
Tronex World fraudulently markets itself as a 200% passive funding alternative:
WE WILL DOUBLE YOUR FUNDS WITHOUT ANY RISKS
That is baloney for quite a lot of causes; specifically Tronex World being a Ponzi scheme.
Tronex World associates make investments and as per the smart-contract, that funding is used to pay current Tronex World associates.
Referral commissions encourage recruitment, including a further pyramid layer to the scheme.
Tronex World’s smart-contract itself is a technique to trace funding and ROI withdrawals.
Opposite to Tronex World’s representations, they carry the identical danger as all Ponzi schemes:
- Tronex World will collapse when new funding runs dry; and/or
- Tronex World’s admin will merely clear out invested TRX and do a runner.
Not even 24 hours we documented the collapse of Tron3X, a close to equivalent smart-contract Ponzi to Tronex World.
Math is math and it ensures the vast majority of traders in any Ponzi scheme lose cash. “Good-contracts” and different blockchain buzzwords don’t change this.