EasyClub Review: 0.01 ETH daily ROI Ponzi scheme
EasyClub doesn’t have a website per se. The company is primarily promoted across social media, namely Facebook and Telegram.
A supposed “open-source website” has been setup at “ecgame.netlifly.app”.
Netlify bills itself as “the fastest way to build the fastest sites”. Beyond being a host provider, I don’t believe the company has any relationship to EasyClub.
As I write this Alexa cites India as being the top source of traffic to EasyClub’s website (86%). A lot of EasyClub promotion is also targeted at Indians.
Given this, it’s highly probably that whoever is running EasyClub is based out of India.
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.
EasyClub’s Products
EasyClub has no retailable products or services, with affiliates only able to market EasyClub affiliate membership itself.
EasyClub’s Compensation Plan
EasyClub affiliates invest ethereum on the promise of an advertised daily ROI.
- invest 1 ETH and receive 3.1 ETH over 310 days
- invest 2 ETH and receive 6.2 ETH over 310 days
- invest 3 ETH and receive 9.3 ETH over 310 days
Residual Commissions
EasyClub pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
EasyClub caps payable unilevel team levels at ten.
To qualify for all ten available levels, an EasyClub affiliate must recruit ten affiliates who invest.
Recruit four affiliates who invest and qualify for four unilevel team levels. Recruit seven affiliates who invest and qualify for seven unilevel team, and so on and so forth.
Based on this qualification criteria, EasyClub affiliates can earn residual commissions down ten levels of recruitment.
- 0.001 ETH is paid on daily returns paid to unilevel team affiliates
- 0.001 ETH is paid when a unilevel team affiliate makes a withdrawal
Joining EasyClub
EasyClub affiliate membership is free.
Full participation in the attached income opportunity requires an initial 1 ETH investment.
Conclusion
EasyClub is another “smart contract” Ponzi scheme.
You invest, steal money from those who join after you and get paid to recruit. This is as simple as an MLM Ponzi scheme gets.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve EasyClub of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
F.Y.I., Oz, “per se” is Latin for “by itself” or “in itself.” “Per say” is a common sound-alike misspelling.
Thanks for catching that <3.