FullBNB Review: Hopeless collapsed Ponzi reboot
FullBNB provides no information on its website about who owns or runs the company.
FullBNB’s website domain (“fullbnb.net”), was registered on March 25th. “Luis Angel Montes” is listed as the owner, through a random address in Argentina.
The email used to register FullBNB was also used to register BNBglend.
BNBglend appears to be a clone of FullBNB, running the same website backend script.
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.
FullBNB has no retailable products or services.
Affiliates are only able to market FullBNB affiliate membership itself.
FullBNB’s Compensation Plan
FullBNB affiliates invest binance coin (BNB), on the promise of an advertised 30% a day ROI.
Referral commissions on invested BNB are paid down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 2%
- level 3 – 1%
FullBNB affiliate membership appears to be free.
Full participation in FullBNB requires a minimum 0.1 BNB investment.
FullBNB is a simple smart-contract Ponzi scheme. You invest and, as long as there’s BNB left in the smart-contract, proceed to steal other people’s money.
All Ponzi schemes inevitably collapse. At 30% a day though any iteration of FullBNB isn’t going to last more than a weeks at best.
The first version of FullBNB launched in early April and collapsed in 1 to 2 weeks.
This prompted the launch of “V2” on April 22nd.
FullBNB V2’s smart-contract appears to have been cleaned out in mid to late May.
This prompted the launch of BNBglend on or around May 11th.
At time of publication BNBglend’s smart-contract has also been cleaned out.
Considering BNBglend’s smart-contract only took in 3.4 BNB (~$300), recycling the script to launch more crypto scams seems like a waste of time.
The common denominator with FullBNB’s and BNBglend’s smart-contracts is the creator address: 0xbf6cc4822f1bDfba8470E998498165FC1B897021.
More of an obituary than a typical BehindMLM review, but worth noting in case “Luis Montes” pops up with another recycled smart-contract Ponzi.