NRGY Review: DeFi + MLM = same old Ponzi schemes
With the MLM niche being the cesspool that it is, you’ll typically have a hard time getting to the bottom of who’s behind what.
“Decentralized” has become a term scamming admins hide behind so as not to reveal themselves.
NRGY token, another smart-contract Ponzi scheme, is no different.
While I can’t say who set NRGY up (anyone who tells you nobody created NRGY is lying), two prominent names I’ve seen attached to it are Vitaly Dubinin, Peter Ohanyan and Duane Noble.
These three serial-scammers with a long history of Ponzi promotion. They are currently out there pitching NRGY to anyone who’ll listen.
Vitaliy Dubinin was last seen promoting the flopped Daisy AI Ponzi scheme.
In marketing presentations he appears in Ohanyan refers to NRGY in the possessive.
If Ohanyan isn’t in bed with whoever’s running NRGY he’s otherwise obviously pretty high up.
Prior to NRGY Ohanyan was promoting EvoRich, the Skyway Ponzi spinoff.
Duane Noble was last seen promoting Brank. Whether that’s going anywhere who knows, but here we are.
NRGY is being marketed as if nobody has ever heard of “decentralized finance”, or DeFi for short.
With respect to the MLM industry, DeFi is a deeper descent down the crypto shitfuckery rabbit hole.
The NRGY investment scheme has been set up on “fleek.co”:
Fleek bill themselves as the “new internet”.
Fleek is all you need to build websites and apps on the new Open Web: permissionless, trustless, censorship resistant, and free of centralized gatekeepers. Welcome to the new internet.
In other words, the kind of place scams like NRGY are welcome.
NRGY’s MLM opportunity is going by the inconspicuous name “Community Builder”.
You sign up, connect your crypto wallet to the scheme and are then able to invest in NRGY tokens.
NRGY solicits investment into NRGY via ethereum and USD Coin. The scammers behind NRGY set the internal token price, which as I write this is well into pump territory.
Once invested in, NRGY tokens are parked with the company (staked). The more NRGY tokens an affiliate parks the higher their payout of the weekly pool share.
The weekly pool share promises a “targeted 4%” ROI of the total number of parked NRGY tokens.
In order to get new investors on board, NRGY is pitching 30%+ over its first few weeks. We’re currently in week three.
30%, 4%, 300%, none of that of course matters. Returns are paid in NRGY tokens, which cost NRGY’s admin nothing to create.
Referral commissions on parked NRGY tokens are paid down two levels of recruitment (unilevel):
- 15% on level 1
- 10% on level 2
As with the weekly return, referral commissions are also paid in NRGY tokens.
In order to cash out, NRGY token affiliates have to put in a USDC withdrawal request. NRGY collects a 7.5% withdrawal fee on each request.
So here’s how this plays out:
Having launched three weeks ago, NRGY’s admins and early adopters, your Vitaliy Dubinins, Peter Ohanyans, Duane Nobles etc., scooped up their pre-pump NRGY tokens for peanuts (<$2).
Shill shill shill, pump the token price and cash out invested crypto. You and everyone else is left holding the bag.
On the regulatory side of things an MLM crypto Ponzi scheme is no different than a fiat Ponzi scheme. Wire fraud, securities fraud, FTC Act violations, it all applies.
If someone is pitching you on NRGY and touting iNcReDiBlE gAiNz, be aware of the fact that anything in NRGY is unrealized.
There’s only a finite amount of USDC to cash out (math is math, even in crypto).
Once that’s drained, and it eventually will be, it’s over.
Update 13th March 2021 – Within an hour or so of this review going live, Duane Noble showed up in the comments below to aggressively defend NRGY.
This seemed kind of odd, as Duane seemed to take NRGY being correctly identified as a Ponzi scheme personally.
Anyway, courtesy of Chris Hawk Jones, mystery solved.
Alan Friedland (right), subject of a current CFTC fraud lawsuit, is behind NRGY.
Chris Hawk Jones claims Duane Noble is “working real close” with Friedland.
Update 8th February 2022 – NRGY as an MLM opportunity is being rebooted as BuilderDefi.
David Wood gets a special mention:
Seems he’s decided he wants in on MLM crypto Ponzi action.
(Ozedit: removed), you know absolutely NOTHING about this! Many of the things you say here are blatant lies because you didn’t take the time to even understand it.
Nobody “requests” withdrawals or any of that. The Community backs NRGY through a decentralized liquidity pool on Uniswap that has FULL transparency.
I suggest you educate yourself before slandering people and using terms like “shitfuckery.” That just shows your own level of professionalism.
You have 24 hours to redact this article, or my attorney will take action for the clear slander you have purported here. Also, (Ozedit: derail removed).
Scammer meltdowns = always funny
(click to enlarge)
Duane, your BUH MY BLOCKCHAIN! scam shitfuckery won’t work here. You know that.
That is NOT a withdrawal button. That is a “smart contract,” something you seem to know nothing about. (Ozedit: derails and personal threats removed)
MLM crypto shitfuckery guide for potential NRGY victims:
NRGY smart-contract –> Ponzi scheme
staking –> investing
liquidity –> invested funds
liquidity –> 0 –> sorry for your loss
unstake –> cash out
claim –> withdraw
redemption fee –> admin withdrawal fee
anyone who didn’t invest in NRGY tokens pre-pump (~1st March) –> bagholding victim in the making
popcorn –> delicious
You’re welcome.
Oh please, not the if you don’t take down the review you will have your attorney file for clear slander. I hope your attorney knows the difference between slander and libel because you clearly don’t.
Secondly you can’t sue as you have no standing to file any kind of lawsuit.
Only the owners of the business can sue, and there is no way they will ever file a lawsuit.
A courtroom is the last place they want to be trying to defend this Ponzi.
You really are new at this and a wannabe Ponzi pimp. But thanks for the laughs. YOU are going to sue for clear slander….. PRICELESS.
I can file for the clear slander you have committed against me personally. Any attorney will tell you that.
I suggest you go get some legal advice. Again, you are picking a fight with the wrong person. (Ozedit: derail removed)
NRGY is not a business. There is no company behind NRGY. The Community of people who own NRGY are the ones who control the market. You don’t seem to understand this.
There are no developer cuts that go to anyone, no pre-mined supply someone keeps in their backpocket, no influencers fees, etc. You have it all wrong.
But, let me make this clear to you…. You have committed slander against me personally, and I do have a right to take legal action.
Also, I did not give you the right to use my photo.
MLM crypto Ponzi schemes don’t launch themselves. You know as well as I do someone is behind NRGY.
Someone created NRGY. Someone created the Fleek hosted affiliate login page and replicated recruitment landing pages.
Like any Ponzi coin, this individual or individuals will hold the most NRGY tokens. Just waiting for enough victims to onboard before cashing out.
Every Ponzi scheme has an admin. NRGY token is no different.
Except for what they steal by cashing out + 7.5% admin withdrawal fee.
Please don’t waste my time with the “dEcEnTrAlIzEd = No OwNeRs!” horseshit, thanks.
We don’t need your permission to use what’s in the public domain as part of our review analysis. Instead of waffling on about legal action, go look up some actual laws.
Everything in our review is factual. Facts hold up in court.
That 7.5% fee is not an admin fee. There is no “admin” to send coins to! That is a BURN fee! It means that those coins are BURNED and completely REMOVED from circulation.
That is there to deter people from jumping in and out of staking. You need to get your facts straight. (Ozedit: derails removed)
Whatever you want to call it it’s a fee charged on withdrawals.
What NRGY’s admin does with the admin fee is neither here nor there.
Beurax scammers finding a new home here: youtu.be/XbPSIH56if0
(Ozedit: linked video above is Beurax scammer Joshua Elder pitching NRGY. Shilling begins ~[8:40])
Why am I not surprised.
MLM and cryto dont mix this will end badly just like the hundreds of other crypto programs.
What you will start seeing is the promotors all over soical meadia are going to realize when the they end up in jail the gig will be up.
You are starting to see that happen more and more just ask some of teh leaders that were in ONE COIN, its a shame greed will kick in and people will fleece so many others to keep it going for another month.
My guess this will last a few more months and will be done ! I would love to see this in court it would end sooner and less people would be hurt.
Shame, Duane’s in for a rude awakening when his enterprise goes titsup.
He’s the best kind of Ponzi scammer, because he’s too stupid or just doesn’t care, either way it’s highly amusing and 0 sympathies will be had for him.
Let me tell you a little secret you were unaware of:
For a MLM to be an MLM,it needs a Pyramidal structure,which means somebody is on top,ie – the shitkickers starting the scam.
If it was truly a community there would be no referral required, as everyone’s stake is even and the structure is flat.
On a related note: Calling a shoe a hammer because you can use it to nail things in doesn’t make it a hammer. Just as calling an Admin fee a “Burn” fee doesn’t make it anything but an Admin fee.
Another note: Your face is in the public domain already, and the likeness isn’t trademarked. Welcome to the web you dullard.
Uh oh.
Oh, AntiMLM, you’re in trouble now! Duane’s highly-paid pretend lawyer will now come after you for your slander!
Maybe if you retract these defamatory statements in the next 24 hours, he’ll let you off the hook.
[If Duane’s lawyer were real–and competent–he could explain to Duane the difference between slander and libel, the difference between actionable libel and fact-based opinion, and the meanings of “public domain” and “fair use”.]
If any of you guys were real men, you would come bash me and sling your insults to my face.
I’m not hard to find. Why hide behind a computer when you can come see me in person?
Ohnooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
You’ve just taken bread from his fawyer’s mouth by dishing out free advice, you should feel ashamed.
Although I don’t agree with “With respect to the MLM industry, DeFi is a deeper descent down the crypto shitfuckery rabbit hole.”..
NRGY is not DeFi in any way, shape, or form. It’s the same ponzi garbage that the likes of DavorCoin was with staking for returns of a coin that is being pumped.
It just happens to be traded on a DEX right now because people are too greedy/stupid/both to understand what’s actually going on.
Thank you for your research/write-up on this one.
I stand falsely accused. I offered no advice other than that Duane should ask his pretend-lawyer to supply some.
You’d best watch yourself, AntiMLM, or I’ll sic my pretend-lawyers on you. They’re fierce! Rowr! [Claw-the-air gesture.]
What are you, five years old?
Come here and say it. Nah-uh, come here and say it. Nah-uh come here and say it.
Next you’ll be tossing bananas around the schoolyard.
Why? You are going to have your lawyer sue all of us for clear slander. So we’ll just see you in court face-to-face.
More fun that way having you explain to a judge how your sure-fire, can’t miss Ponzi is not a Ponzi.
Oh, you do understand the word “Discovery,” right? If not ask your lawyer to explain it to you when he explains the difference between slander and libel; as well as public domain.
I just love it when Ponzi pimps come and huff and puff about having their lawyers going to sue.
A question for you Duane: What happened to Brank, you know the real deal you co-founded and are their trading specialist?
I thought you would be too busy doing all that trading to pimp this Ponzi.
^^ I can answer that, read the latest article update 😀
Quivering in my size 14’s here, the promise of being manhandled by such a big strong man is just sending my heart fluttering.
How about you let you audited facts speak rather than trying to flex those spaghetti arms.
Duane and Brank parted ways. The choice was made by the partners of Brank, Brank is clean and absolutely no ponzi.
And what about Alan Friedland? And Darren Little? And the rest of your crew that are/were involved in Brank?
Brank is 100% clean. It has nothing to do with any of this crap. We will continue to distance ourselves.
Darren is not involved in Brank – never was. He is simply a member.
And Alan Friedland, who last we heard was Brank’s compliance officer? (as ridiculous now as it was then)
Not an owner. We got a piece of programming from him and opted not to use it.
Good to know. Thanks for the transparency.
Seeing as Little has jumped on the Ponzi bandwagon with NRGY, is Black Ops Marketing over then (or whatever the current name might be)?
Also would it be a fair statement that the securities fraud issues identified from Noble in our original Brank writeup is what saw Noble, Friedland et. al. go off and launch NRGY?
Darren got fooled into buying that coin. He is not promoting it and it happened. He wants out of it. He put out one post then took it down.
Black Ops Live is the name and it is coming. Again not a ponzi. It’s a 2 level program so not even MLM and a true product sale.
I was not part of NRGY or even privy to it. They asked me to promote it, I saw all the holes and I refused. Nothing to do with us and we don’t want anything to do with it.
I am on a mission with Daniel and NOBODY will sideline what we are working on.
This is from an NRGY webinar just a few days ago (click to enlarge):
I hope by Little “wanting out” you don’t mean Little invested early like the rest of the gang and is looking to cash out @ $600+.
That’s not “getting fooled and wanting out”, that’s scamming people through a Ponzi scheme.
Black Ops Live is actually one tier. We flipped Brank in to a two tier. Sorry just woke up to this.
Fun fact:
On March 13th there was $3.02 million in the NRGY Ponzi pot. Today it’s $2.28 million, down 22.07% in the last 24 hours.
Someone has already or is cashing out. $700,000+ gone in the blink of an eye.
No Oz he just wants his own money back.
I have already said that the moment the big fish cash out, the coin is over.
The original author seems very criticle.After stumbling on this article,I went and checked out NRGY.I actually see a use case for this limited supply (4 mil) decentralised (on uniswap) platform that allows applications to be built by developers.A limited supply will push price per token into the thousands.
Its great to have people around the space that expose scammers, but I dont see any here as this is “decentralised”.
In a better term, whom ever created it had to add liquidity to start with,to give this asset “value”.
The added value divided by the limited schedule supply is equal to its current USDC value.
But thanks for exposing it, see Nicolas Merton “data dash ” program whom actually endorsed NRGY.
I have invested long term 10k and look forward to an ongoing residual income as fees generated by actual developer fees returns 20% to stake holders.
The staked tokens recieved or any NRGY tokens can go back on the open market through a fully decentralised market place using uniswap interface.
Thanks again for exposing it as Ill be endorsing it.
How is that different to the bajillion other shitcoins out there?
Twelve years on and the only use case for cryptocurrency is speculative investment. MLM Ponzi schemes have been using the “use case” narrative to push their scams for years.
And there’s nothing decentralized about a Ponzi token that is primarily held by those who created it, and who sold the tokens to themselves at a rigged fraction of the price they expect others to buy in for.
To the sad uneducated person who responded to question #37. Before you start bashing a legit platform in cryptocurrency, do you even know what a platform is???
A platform that is decentralized/smart contract/blockchain, Is very safe and secure.
If you knew what your talking about you would know that. I’m guessing you don’t even know what a cryto wallet is.
Do a lot of research cause you really need it. Plus not to mention the fact that your loosing out cause of your way of thinking.
Get rid of that verbal diarrhea and make some sense in what you think you know which is nothing much..
Here come the “BUH MUH BLOCKCHAIN!” mouth breathers.
NRGY is a Ponzi scheme. Sorry for your loss.
See kids,this is why you should need a license to spend money, because you get numpties like this one who listened to a presentation on Zoom, got enthralled by fancy buzzwords he heard somewhere so obviously it’s legit.
And now thinks he became an expert crypto entrepreneur overnight because he joined the “Crypto” revolution.
Don’t worry, you’ll inevitably get caught in dozens of other scams in your lifetime through your financial-illiteracy so I won’t hold it against you this time.
You’re staking NRGY/ETH/USDC ON the NRGY platform to earn more NRGY. There is nothing decentralized about that.
It’s literally exactly what DavorCoin did back in the last crypto bull-run except NRGY/USDC is being traded as a pair on Uniswap. There is literally no other use case for this coin.
Where are these dapps they are promising?
Who’s developing them? Why would they choose NRGY over the other blockchains and smart contracts that are established?
100% agree with #41.
I was invited to their group and webinar and knew right away it was going to be a shitcoin.
No technology backing it.
No team supporting it.
Only marketers promoting it.
Nothing on Coin cal or coin market cap.
Throwing out hype words like defi with no real website.
they are pumping and dumping for sure/rug pulling and then moving into the next schill.
Exactly, they wouldn’t.
The Dapps are all talk and won’t be coming. Right now Chris Hawk Jones is focused on building sales funnels to reel in more suckers.
In the meantime for those who have already invested, they’re saying and doing everything they can to discourage withdrawals.
They’re still very much in the pump phase before the big dump and run.
If this isn’t a classic ponzi red flag I don’t know what is! This was posted by Vitaliy Dubinin:
imgur.com/a/LxxrPOv
For anyone reading this before getting sucked into NRGY: Ask yourself, what other legitimate investment has such fabricated obstacles to getting your money out?
The only reason for those obstacles is to keep the “cookie jar” (as they call it) full enough to allow small payouts here and there, to create the illusion of positive ROIs.
And of course to keep the jar full enough for Vitaliy, Alan Friedland, Duane Noble, Peter Ohanyan, Chris Hawk Jones etc. to run off with your money after the big dump.
Here is the address of the Token.
etherscan.io/address/0x5c69bee701ef814a2b6a3edd4b1652cb9cc5aa6f#comments
Check the comments.
Scam alert.
So uh dare to withdraw from NRGY and they’ll cancel your weekly ROI, as well as stop paying you a ROI for a month?
Lulz!
As usual all talk and no walk. Duane messaged me on FB claiming I was too chicken to talk to him.
I informed him I had been gone for a week attending my sister’s funeral and no I wasn’t afraid to talk to him.
Shortly after my response he tried calling me 3 times, but I could not answer as I was on a conference call.
I informed him of this fact. He then said I was too scared to talk to him.
I then responded to his last claim of my being too scared to talk to him by informing him I wasn’t aware that I was to be at his beck and call whenever he tried to call me.
I told him to give me some dates and times and I would pick the one that fit my schedule for us to talk.
He deleted my message back to him. So I responded a second time and he again deleted my response.
So Duane, now who’s too scared to talk?
As for your claim I don’t know you, you are so wrong. I know exactly who and what you are, and now everyone here knows it too.
Sucks doesn’t it you have been outed as a blowhard and wannabe tough guy and bully.
Hold I recongnise the name OZ I don’t know if he written this artical but if it was.
Wasn’t you the same guy who written an article about Hyperfund being a ponzi set up. If I listened to you I woudnt have received over over 3k dollors in two months.
If this is a scam it’s fine you have full control over your wallet and no one can run off with your money.
If the price does go down then I can withdraw my money out of the project by a click of a button.
Yes there’s a fee of 7% which is no different than paying a gas fee on eth.
You guys need to grow some balls and take a risk in life instead of procrastinating, If you don’t try you will never know, every thing in life is a risk.
It’s those with the biggest balls who are willing to take that risk are the ones who become successful.
Regardless of whether you stole $3000 through Hyperfund, it’s a Ponzi scheme.
You invest in a smart-contract. Whether you control your external wallet is neither here nor there.
At this point you realize NRGY’s admins have already withdrawn, and because they set themselves up for pennies on the dollar there’s nothing left. Sorry for your loss.
Brandon Duff looks like you were kicked out of their FB group (your name grayed out) for asking too many good questions:
imgur.com/a/RTLAlEF
What do they have to hide I wonder?
Well done Brandon 🙂
As a result of #50’s findings, NRGY has now become the oncoming train wreck I cant look away from.
Getting paid by scammers doesn’t make you successful, it makes you a serial idiot and a thief.
Congrats though.
Duane noble reached out to me telling me how I don’t know the facts and continue to spam me in messages.
I was kicked out of the telegram and FB groups for asking too many questions.
Duane noble wanted to talk on the phone and I didn’t really care to and said I prefer to just have everything in writing.
I told him I didn’t care about his project or what he is doing and blocked him.
He then called me 6+ times.
I didn’t answer but borderline harassment / stalking.
Uh oh, Chris Hawk Jones just announced he’ll be building a “Cyber city” marketing system for NRGY.
If his track record is any indication, it will never happen. He’s the king of unfinished marketing projects.
With all these promises from NRGY of dapps and marketing systems and features “coming soon”, it’s just another way to prolong victim’s hopes and keep their money in the ponzi pot during the pump before the dump.
Case in point: During today’s Telegram chat where someone named ‘Raja’ was taking questions, NRGY continues to discourage withdrawals under the guise of “compounding” and how it’s much wiser to save than to withdraw:
imgur.com/a/Iprkm4r
Investment advice from a ponzi. Okay then!
Despite your self proclaimed expertise it’s obvious you have no IT experience whatsoever Dan.
I am an Eth solidity smart contract and Blockchain developer. Don’t act like YOU know what you are talking about because I do and I see through your BS.
Smart contracts are compromised all the time. Most defi smart contracts are only to be trusted with multiple non biased third parry, well known and accepted auditors. Non of which this shit coin has had.
Look at compound and sushi defi projects… they have audits so people can trust them.
Shit defi projects without audits are tossed in the shitcan because it is soooooo easy to get scammed.
Alan and Duane are fat aging scammers. They will NEVER move forward with a business that actually produces value. They are lazy and look for the quickest way to make money even if they shit on others.
It does not take a flaw in a smart contract to create a pump and dump.
Google “Duane Noble byron Sneeringer”. Byron Sneeringer is Duane’s real name. He changed it because he is a scammer.
Alan Friedland has already scammed people with Compcoin and is currently being sued by the CFTC. You are all idiots for thinking they have just become moral people now.
Alan Friedland claims he had the first chat room ever on the internet. It is soooo cringe.
Either he believes it himself or he thinks other people actually believe his Perl script was the first one ever put on the internet.
Oh btw… he never made any money off a technology like that…. cuz he never had it. What a fat idiot.
Alan Friedland hires the most budget uneducated developers to do the bare minimum to give hype and that is all.
He has a really old programmer who is about 70 yrs old and has another in the Ukraine that stops talking with him for long periods of time because he is sick of his shit and is owed money.
There is a real cryptocurrency NRG that is pronounced the same as NRGY. I think NRGY chose that name to play off the real NRG coin, as most people would not know they were different companies; and join thinking they were buying the real NRG.
There have been 4 or 5 other fake programs that have used this trick to fool people into believing they were joining a real company, or buying a real cryptocurrency.
This program is all smoke and mirrors to try to look real and legitimate. For an MLM company to operate legally, the FTC requires that the compensation plan be fully disclosed to anyone visiting the website of the program. NRGY’s comp plan is nowhere to be found on their website.
There is no address or phone number for people to contact. There are no bio’s of the founders of the company on their website.
We know why there isn’t because people would see that one of the founders is under indictment, and the others are not listed which makes one believe they have something to hide as well.
Then let’s look at the cast of promoters of this program: Chris Hawk Jones, Paulo Barroso, David Wood, Vitaliy Dubinin, Peter Ohanyan, Duane Noble all who have track records of promoting nothing but Ponzi’s and even running them.
Now we are to believe that they all have had a change of heart and are now “honest” businessmen? Seriously?
In 15 years of exposing Ponzi’s/pyramid schemes/cash gifting schemes and their promoters, I have learned that promoters and founders of all these schemes are a Narcissist, sociopath and a pathological liar all rolled into one.
They truly believe that everything that comes out of their mouth is the gospel truth; and they can look you straight in the eye and tell their lie believing it is the truth.
In keeping with the Simon Stepsys School of SCAM Promotion, Joshua Elder has removed all of the videos he had posted to Youtube promoting the Beurax and NRGY SCAMS.
Still prominently featured as his Youtube “home” video, of course:
TAKING DELIVERY OF MY FERRARI F430 BERLINETTA F1 *FIRST SUPERCAR*
Why .. why … WHY can’t law enforcement take down pieces of shit like Joshua Elder?
WHY can’t law enforcement “get” the fact that without these slimey promoters, most online SCAMS wouldn’t last a week?
SD
What, Elder is out of NRGY already? Ohnoes!
When you invest in a cryptocurrency you need to ask a lot of questions, but the top 3 questions that every cryptocurrency needs to be able to answer is this one:
All you have to do is look at the team of NRGY and you have your answer.
Not one team member has the depth, knowledge, and expertise in cryptocurrency. Not a one has a track record of success but a long list of failed Ponzi’s in their resumes.
Not a one has a large network of cryptocurrency contacts, but they do have a large list of victims of their previous Ponzi’s they conned into joining their Ponzi de Jour.
But let’s take this a step further to show how silly all of this is.
In the video made by Vitaliy he admits he doesn’t know how this all works, but then brags how the coin has increased in value by over 16,000 percent. And that was when the coin was said to be trading at over $300.
With that kind of growth one would expect that when looking at the coin on Yahoo Finance, Bloomberg Financial Reports, and all the other financial news outlets they would show impressive trading numbers and price.
Well you would think so, but alas you would be wrong. THERE IS NO NO DATA AVAILABLE for this coin on their service.
Now stoop and think about that for just a moment. Any other CRYPTO COIN that ran up 16,000% would be front page headline news on every financial news outlet.
But let’s go one step further. The whole claim that NRGY is not a Ponzi is that it trades on an exchange.
So using that logic, then Dascoin and Dagcoin could not possibly be a Ponzi because they traded on an exchange, So how come they were a Ponzi?
A big selling point used by all those pimping NRGY is that they are on Uniswap a trusted exchange. Yet Uniswap warns you that there are scam coins on their site and be careful and check everything out before making the swap.
So much for just being listed on Uniswap makes your coin real and legal.
But I am shocked, shocked I tell you because this review was supposed to have been redacted more than 13 days ago.
If it wasn’t Duane Noble told us, and I quote:
Now I am sure that Duane will consider this as “bashing him,” but he gave me his permission for me to “bash him” here. He did so in our email exchanges, but making these idle threats is typical behavior of Duane.
To illustrate this point, here are a couple of examples of others who have had dealings with Duane had this to say about him, and I quote:
and one more:
Respnse to OZ.
How do you know the admin has gone and you can not withdraw your funds, please show me the evidence theres no admin.
And furthermore you don’t need admin if it’s on a smart contract. You control your own money not a third party. (Ozedit: derails removed)
@Positive
You’ll wake up one day and the contract will be drained.
1. You’re asking for evidence of a negative.
2. There’s always an admin. Smart contracts don’t set themselves up.
You put your money in a smart-contract, after which point you have no control over someone else stealing it.
How is NRGY token any different from other cryptos tokens or even bitcoin itself?
(Ozedit: derails removed)
in my opinion if the founders of NRGY can get something like legal pledge with some type of regulator that their platform is 100% decentralized I am up for it.
Who doesn’t want a Ponzi that is guaranteed the CEO will not run away with your money?
NRGY is an MLM company offering a passive investment opportunity, set up and run by Alan Friedland.
If you want to discuss anything that’s not this, do it somewhere else.
If only the SEC had some sort of database companies could register to be listed on.
After which, audited financial reports could be filed showing a source of revenue that isn’t affiliate investment going into the smart-contract pool.
You get compliant before you start, not as an afterthought (not that they will anyway, scammers would never give audited financials so no need to worry – it’s definitely a scam).
Moved on but you got to get in early to this one
youtu.be/e1Ti8qIHQlc?t=746
Lulz, we’re up to 16% to 20% daily returns. Elder’s race to the bottom continues.
Hmm, where have all the supporters of this program gone? Now surely this is the real deal and can’t miss new DeFi coin has crashed and burned already.
How can this be? I mean this is the new wave or crypto-currency and NRGY is leading the way.
NRGY has been hovering between $2 to $3 mill for a few weeks. Slow-drain keeping up with new investment as opposed to the dump cashout.
Well, for as long as there is new investment I guess.
I know nothing about NRGY. I looked it up to see what it was about, so I am neutral. After looking and reading, I am going to stay away.
I did TWO “MLM-Like projects” and they both were Ponzi schemes: Mirror Trading International and Karatbit (from Karatbars).
I lost money in both and they are out of business. They both had the same type set ups like it appears NRGY has. I am a neutral party.
Ask yourself 1 of these simple questions….
Where, What, How and Why is this magical 4% interest a week being generated From and/or what for?
Money does not grow on trees.
Investors are a Liquidity provider for what? You’re money is funneling to the top. Enjoy being crushed. My condolences to anyone believing in this project. If it sounds too good to be true…it is. PERIOD!
Bit connect 2.0 lol.
Has NRGY collapsed? I used to be able to keep track of the exit-scam through “info.uniswap.org”.
Now NRGY isn’t showing up there.
This can’t be. Duane told us this is not a PONZI!
I just checked the links I had for UniSwap and it doesn’t show on any of the links I have, including the one on NRGY’s website.
Probably because of the uniswap v3 launch?
v2.info.uniswap.org/pair/0x51bf9908dac4a283d017edc071d954ec3a4b1376
I did the v2 launch thing, didn’t realize they’d broken their entire ecosystem implementing it.
Lol. Thanks for the new tracking link.
You would think these idiots would at least update their website so the link to UniSwap works, but NO. It is still broken.
I guess if you can find them you get to participate. Real class act this NRGY program is.
The more they release, the more it sounds like they’re just throwing out random garbage and hoping one of them sticks long enough for them to cash out.
youtube.com/watch?v=TEena9kNVt4&ab_channel=Mr.LIVE
Omg who puts eight minutes of music videos at the start of a business webinar?
Naw. This has been the gameplan since day one. Every MLM shitcoin scheme does it.
Well, Duane Noble took umbrage at my post above, he does that all the time, when I said that the Uniswap link on the NRGY website did not work.
He informed me in a profanity laced voice mail (him being a good Christian and good person) that the problem was on Uniswap’s end and it HAD BEEN FIXED.
So you can imagine my shock and surprise that when I just went to the website for NRGY and clicked on the Uniswap Info link, IT DID NOT WORK!
How can this be? Duane TOLD ME it was working just fine in the profanity laced voice mail he left me.
If I had only called him like a man, he could have explained the “truth” to me, instead of me running off at my mouth about something I knew nothing about.
So my going to NRGY’s website and clicking on the Uniswap Info link and it didn’t work was my running off of my mouth as I didn’t know what I was talking about.
Good one Duane, good one. Too funny.
Oh, and before you hit that speed dial to call me you really need to stop and think about this:
You keep saying I don’t know you. You’re wrong. I know exactly who you are. It is YOU who don’t know who I am.
You are just one phone call away from my turning over all your voice mail messages to my assigned agents at the federal law enforcement agencies I work with.
I’ll let them decide how many federal criminal charges they want to bring against you. Be glad I am a faux Christian or I would have already done it.
So Duane, I am not messing with the wrong guy as you claim. It is YOU who is messing with the wrong guy.
So grow a set and man up for a change instead of acting like a petulant 3-year old and trying to be a tough-guy bully.
Got around to listening to some of the webinar.
Chris Hawk is banging on about NRGY NFTs, the fad that launched back in January and died in March.
cRyPtO iNnOvAtIoN = rehashed “me too” scam fads people already cashed out with months ago.
Then there’s “Cyber City”, subscription-based marketing tools oN tHe BlOcKcHaIn!
And Alan Friedland announced a Binance Smart Chain new smart contract. Lol, reboot ahoy!
Seriously? You have to swear to write this article?
Would you like a tissue or a pacifier for your hurt feelings?
Stealing millions of dollars through securities fraud: doesn’t bat an eyelid
Sees a swear word: clutches pearls and has a heart attack
I am going to type this real slow so Duane can understand it, hopefully this time.
Seems he is all upset that I keep saying that the Uniswap info link on the NRGY website does not work. He seems to think that I am talking about Uniswap’s website, which I am not.
For a company that is so real and legitimate I find it odd that they don’t have time to update their website, with Alan being this great programmer, to make the link on NRGY’s website for the Uniswap info link work; which it still doesn’t.
Volume for NRGY is falling like a rock, down over a million from a month ago.
And no I don’t need to call you Duane to have you tell me what is real and what is not real. Get over yourself.
One last time Duane. In my 17 years of exposing Ponzi’s and their pimps you are the biggest narcissist and cry-baby that I have ever met, and I’ve met many narcissistic, sociopaths in 17 years. You act like a 5-year old throwing a temper tantrum when you don’t get your way.
I know the so-called “official” website for NRGY is communitybuilder, but that is not the website I am talking about.
Three bloggers in reviewing NRGY gave a website url for NRGY that still exists and has not been removed, and the Uniswap info link on that site does not work.
They referenced this website as being the “Official” website for NRGY. This is the site I am talking about. If any of you knuckleheads were paying attention, you would have known this.
Of course to mask what NRGY is all about Alan had to disguise it as communitybuilder. What a joke.
When a program cannot be honest about who they are and what they are about, they are a Ponzi.
I find it truly amazing that this Ponzi can’t even remember all the websites they developed, and to take them down when they are no longer their official website once NRGY launched.
And no I will not name the bloggers or the link to the website I am referencing. Alan should know what it is since he created it.
This is a Ponzi and it isn’t going to be much longer before the members wake up and realize it for themselves. But do keep on trying to pump and dump the coins.
The volume is tanking and the volume only stays where it is due to the pump and dump being done; not from new members buying.
One more phone call or voice mail message from you and I will report your previous threats against me and your profanity laced voice mail messages to the feds. That’s a promise.
Hopefully you got it this time.
Well, despite all the hype this is the next greatest program ever, it is going nowhere.
Rather odd since Duane and crew have bragged and touted their DeFi program a sure-fire winner. Well, it has been to the founders as they are the only ones making any money, as well as the major pimps who were pimping this dud.
To hear Duane tell it, this should be trading over $1,000 a share about now. Bet all those suckers who bought at the high when this launched are not real happy campers right about now with it now below $190/share.
Guess they didn’t realize that the only shares they were buying were the shares owned by the owners and pimps, who made a killing.
But I am sure glad this is not a Ponzi, or the trading volume would be down about 88.5% now….oh wait, it is. Never mind.
Not a Ponzi my assets. Another one of Duane’s can’t miss, real deal, and will make everyone filthy rich.
At least his failures are as predictable as his excuses.
And NRGY keeps limping along. Price is now down to around $145 per coin, and the volume keeps falling. Only a handful of people buying and selling their coins.
Guess people aren’t as excited about their DeFi program and NRGY coins as hyped, which is odd since Duane told us NRGY would be in the thousands of dollars, maybe 10’s of thousands of dollars about now. But then when you have the founder indicted on federal charges makes recruiting a lot harder.
I bet all those people who got conned into buying the coin at over $700 are not too happy right now with the coin around $145. Just think, just 3 short weeks ago this coin was at $190.
Going to be interesting to see where it’s at in 3 more weeks. So much for NRGY redefining the DeFi movement and making people rich.
Hello people, a friend introduced me to NRGY how great everything decentralized all community super stake rewards and now probably a new coin NRGYGO.
because it all seems too good to be true I looked a little google and ended up here.
Is there any information, maybe something has changed in the tour or has still stayed away.
If the program were real, there would be no need for the introduction of a new coin. This is nothing more than a smoke screen trying to dupe more people into joining and buying all their lies.
All you have to do is go to Uniswap and see how this has tanked in volume and price per share from its high of over $700.
There has been a small rise in the price of the coin, but that is just from a small pump and dump push going on right now. Total liquidity is down 2/3 from its high.
All that hype about how you will make a fortune from the music industry was just more smoke and mirrors. Sounds good but that’s it.
Also noticed that it has been a while since their last major YouTube video extolling the wonderfulness of NRGY like in the past.
If they are floating they are issuing a new coin it means this is the only way they can stay alive a little while longer. In short, NRGY is dying on the vine and a new coin is a last ditch effort to steal more money.
Remember, their founder is under federal indictment and it won’t be long until his case is resolved. Going to be hard to run a company from prison if he is convicted of the charges against him.
All you need to know.
Far away, and get your friend out of the scam asap.
that’s also what irritated me. It’s just a community project but there are founders but they supposedly don’t want to earn anything. And that with the token, yes, I know how to try again to collect money before they say goodbye
The founders made their money by selling their coins to the gullible on the way up to over $700 per coin; which cost them virtually nothing.
They are the only ones who made any money in NRGY and it will be no different with a new coin.
When your major promoters are Ponzi pimps, and the founder is an indicted criminal, this is what you get…stiffed and losing your money.
Ruh, Roh, NRGY volume fell below $1 Million. It now sits at $984,429 and the price per coin is down to $130.8946. They pumped it to over $190 but now its dump time. Guess NRGYGO isn’t doing so well either since it is supposedly the catalyst for NRGY to rise and shine.
Seems there aren’t any members that have connections to recording artists to join up in NRGY’s artist program to make everyone gazillionaires.
Poor Duane/Byron after all that energy and excitement of his, this is tanking. How can this be? this was the real deal, NRGY was the new wave, yada, yada, yada.
Now let’s see if they can last until the end of the year.
Hello Justin V,
I was curious on your comment of being a EITH developer, how would you be able to read NRGY smart contract to confirm any malicious fraud attempts?
Hi guys, how does it look … there are so many news about the project that all turn through NFTs, INFTs and what else do I know what they offer …. it can really be as bad as it is written here.
NRGY and NRGYGO are Ponzi schemes.
With respect to NRGY due-diligence, whatever anyone else is doing with NFTs, INFTs and whatever the next crypto fad scam is, is irrelevant.
@Oz …With all due respect, you are clueless. Nrgy is one of few legit things out there.
It’s a simple smart-contract Ponzi. There’s nothing legitimate about it.
Sorry for your loss.
Ruh, Roh, NRGY has had zero volume in the last 24 hours of trading on Uniswap. NRGYGO keeps falling as well. 1 NRGYGO is now equal to 0.00000124 BN.
Now the question is will they collapse before the end of the year. But this can’t be because NRGY and NRGYGO are the future of DeFi.
I know because Duane told us so, and he doesn’t lie because he is a good person and a Christian. Just ask him.
We have the stock market falling daily, cryptocurrency falling daily in price, and have been for 2 weeks. So why am I mentioning this?
Why because NRGY and NRGYGO are rising like the Phoenix from the ashes.
Contrary to all the real markets losing value, these 2 are bucking the trend, or one would be led to believe they were. This is just the next wave of the pump of the coin prices.
Guess the founders needed cash to cover inflation costs for food, gasoline, electricity, gas and heating oil.
Oh wait, NRGY and NRGYGO are the future of DEFi….err, hmm, BuilderDeFi is the future of DeFi.
Well one of them is supposed to be the future of DeFi. I’m sure they will get it all sorted out soon so they know which program to pump before the dump.
With NRGY and NRGYGO bucking the market trends, you would think they would be the talk on all the financial news programs and forums, but not a peep.
Not one Crypto or DeFi expert has ever mentioned them. Now how can that be?
I agree with you 100%. If NRGY/GO/BuilderDefi is the future of Defi why hasn’t any of the crypto experts mentioned them?
Because it’s a scam/ponzi scheme plain and simple.
I feel like I have to point out “crypto experts” and crypto scams/Ponzi schemes go hand in hand.
Legitimacy via association isn’t a thing. NRGY* is a Ponzi scheme because of its business model. Cryptobros talking about it doesn’t change that fraudulent business model.
P.S. You do realize that in order for people to “dump”… anything there must be buyers to buy what they are selling.
To go from a few bucks to $900+ FAST tnen end up back at $207 all in a year’s time is literally totally in bounds and normal in the Ctrptospjere.
Ctyptoverse? Hmm. I’ll Have to run it past the board in the a.m.
No I don’t have a board but i might fet one just do i can just go in and yell at people for doing shit research.
Not in these pool Ponzis. Dumbasses invest –> earlier investors withdraw –> sorry for your loss.
That crypto in general is a cesspool of fraud doesn’t justify NRGY and spinoffs being Ponzi schemes.
whom or what department is the best to turn these criminals into. and is there any attorneys who may help.
The SEC handle securities fraud in the US. No attorney is going to come to you, you have to go to them.
WOW! NRGY had had 230 visits to its website!!
Guess Chris, Alan and Duane are going to have to get off their lard butts and recruit, recruit, recruit!!
Sure glad this is the future of DeFi, aren’t you?
Just for fun I decided to see how NRGY was doing. Here’s what showed up:
Hmm, thought this was the future of DeFi.
Starstake website going nowhere. Video channel limping along. Duane nowhere to be found, or for that matter Alan. How can this be?
So much for how all of us didn’t know what we were talking about BS from the shills of this Ponzi.
Paulo Barroso is now promoting a scheme called coretraders.io
Thanks, added to the review list.