TronGrace fails to offer firm possession or govt info on its web site.
Identified domains TronGrace operates from embrace:
- trongrace.house – privately registered in September 2021, registration final up to date on October 1st, 2022
- trongrace1.house – privately registered on December 4th, 2022
- trongrace.io – privately registered on November thirtieth, 2022
These web sites seem to correspond with completely different TronGrace good contracts. In layman’s phrases, TronGrace has already launched and collapsed not less than as soon as.
TronGrace’s .IO area is corporate’s present operational web site.
SimilarWeb web site visitors experiences for TronGrace’s recognized three domains are as follows:
- trongrace.house – 110,000 visits in November 2022, 83% of visitors from Vietnam, 9% from the US and 5% from Zimbabwe
- trongrace1.house – not sufficient visitors to trace
- trongrace.io – 5700 visits in November 2022
On the very least we are able to surmise that TronGrace is primarily being promoted in Vietnam. Whoever is working the corporate may be from Vietnam however web site visitors knowledge alone is inconclusive.
As at all times, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
TronGrace’s Merchandise
TronGrace has no retailable services or products.
Associates are solely in a position to market TronGrace affiliate membership itself.
TronGrace’s Compensation Plan
TronGrace associates make investments 100 to 4,000,000 tron (TRX) at a time. That is completed on the promise of a 200% ROI.
Returns are paid 1% each 24 hours, with the next bonuses obtainable:
- 0.1% per hour an affiliate investor doesn’t withdraw, capped at 1% and reset day by day
- 0.2% per hour to each affiliate investor per 1 billion in lively TRX funding company-wide, capped at 0.5% a day
- 0.1% per hour to each affiliate investor per 10 million traders in TronGrace, capped at 0.5% a day
TronGrace pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned instantly below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
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.
TronGrace caps payable unilevel group ranges at eleven.
Associates are paid a proportion of TRX invested throughout these eleven ranges as follows:
- stage 1 (personally recruited associates) – 10%
- stage 2 – 4%
- stage 3 – 2%
- ranges 4 and 5 – 1%
- ranges 6 and seven – 0.5%
- stage 8 – 0.4%
- stage 9 – 0.3%
- stage 10 – 0.2%
- stage 11 – 0.1%
Becoming a member of TronGrace
TronGrace affiliate membership is free.
Full participation within the connected revenue alternative requires a 100 to 4,000,000 TRX funding.
TronGrace Conclusion
TronGrace is a straightforward MLM crypto Ponzi scheme. To cover who owns and runs TronGrace, the corporate resorts to a decentralized lie.
Utterly Decentralized – Trongrace just isn’t managed by anybody, together with its personal software program group.
It’s developed as a completely autonomous system. No individual has entry to funds. Your funds are secured between you and the good contract.
Somebody created TronGrace and somebody manages TronGrace’s web site. Whether or not they’re performing alone or in a gaggle, whoever runs TronGrace can pull the plug at any time.
At time of publication there’s ~6.5 million TRX in TronGrace’s smart-contract.
The unique TronGrace smart-contract climbed to a peak of 21.9 million TRX on October twenty ninth. That fell to 9.5 million TRX by November twenty fifth and thereafter was shortly drained.
As with all MLM Ponzi schemes, as soon as TronGrace affiliate recruitment runs dry so too will new funding.
This can starve TronGrace of ROI income, finally prompting a collapse.
We all know TronGrace has collapsed not less than as soon as earlier than, if not twice.
When TronGrace collapses for a second or third time, the vast majority of traders will lose cash (once more).