SaleChain Review: SCH token Ponzi points
SaleChain provides no information on its website about who owns or runs the company.
SaleChain’s website domain (“salechain.io”) was privately registered on May 7th, 2020.
Alexa currently ranks Iran (15%), Mexico (9%) and Bahrain (6%), as the top three sources of traffic to SaleChain’s website.
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.
SaleChain has no retailable products or services, with affiliates only able to market SaleChain affiliate membership itself.
SaleChain’s Compensation Plan
SaleChain affiliates invest tron into SCH tokens. The minimum investment amount is 500 TRX for 50 SCH.
Once acquired, SCH tokens are parked with SaleChain on the promise of an advertised return.
SaleChain calculates 20% of SCH tokens parked with the company each day, generate the required SCH tokens and distributes them to affiliates as a return.
SaleChain 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.
SaleChain caps referral commissions at ten unilevel team levels.
Referral commissions are paid out as a percentage of tron invested across these ten levels:
- level 1 (personally recruited affiliates) – 22%
- level 2 – 15%
- level 3 – 10%
- level 4 – 7%
- level 5 – 5%
- level 6 – 4%
- level 7 – 3%
- level 8 – 2%
level 9 – 1%
- level 10 – 1%
Whether referral commissions are paid out in tron or SCH is not clarified.
SaleChain affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 500 TRX investment.
SaleChain is your typical crypto Ponzi points scheme.
Affiliates sign up and invest in SCH tokens, which SaleChain’s admin generates on demand at little to no cost.
The more tokens you have, the more share you will receive from this fund.
Withdrawals are handled through an internal exchange, with a public exchange exit-scam planned once tokens are exhausted (or recruitment dies).
As soon as all the tokens are sold, the main phase of the SaleChain project will be launched and the SCH tokens will be added to the exchanges for sale.
Considering there’s a 950 million SCH token cap, recruitment dying first is likely to happen over tokens running out.
Then again a Ponzi scheme exponentially spirals out of control, so either collapse route is possible.
Outside of SaleChain’s Ponzi scheme SCH tokens are completely worthless – meaning anyone who hasn’t cashed out by the public exchange dump will be left holding bags.
The MLM side of SaleChain meanwhile is pyramid recruitment, as new investors are required to keep SaleChain afloat.
Be it affiliate recruitment stalling or a public exchange exit-scam, the math behind Ponzi schemes guarantees that the majority of participants lose money.
SaleChain won’t end any differently.