777.IN Review: 192% ROI MLM crypto Ponzi scheme
777.IN fails to provide ownership or executive information on its website.
777.IN’s website domain (“777.in”), was registered with bogus details back in 2005. The domain registration was last updated on April 12th, 2023.
777.IN’s current website went live sometime in late April. This suggests the current owners took possession of the domain on or around April 12th.
Of note is the previous website on the “777.in” domain was localized to Chinese.
This suggests Chinese admins are running 777.IN.
SimilarWeb tracked ~1.4 million visits to 777.IN’s website in August 2023. The majority of these visits came from Sri Lanka (53%), Botswana (12%), Singapore (6%), Italy (6%) and Bangladesh (5%).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
777.IN has no retailable products or services.
Affiliates are only able to market 777.IN affiliate membership itself.
777.IN’s Compensation Plan
777.IN affiliates invest 11 USDT or more on the promise of a 192% ROI.
777.IN pays referral commissions on invested funds down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 30%
- level 2 – 20%
777.IN affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 11 USDT investment.
777.IN is a simple Ponzi scheme. Affiliates sign up and invest, and that investment is used to pay earlier investors.
Attached to this is a recruitment pyramid scheme, financially incentivizing recruitment of new affiliate investors.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve 777.IN of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.