T97 BestPlan Review: Tron mining “click a button” app Ponzi
T97 BestPlan provides no information on its website about who owns or runs the company.
T97 BestPlan’s website is a login gateway to the company’s app, through which its MLM opportunity is run through.
T97 BestPlan’s website domain setup is a bit odd. The company operates off a “T97” subdomain on the domain “bestlaidplans.club”.
“Bestlaidplans.club” was only recently privately registered on July 9th, 2022.
If we visit the domain directly, we find a Chinese CDN error message:
This strongly suggests whoever is behind T97 BestPlan has ties to China.
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.
T97 BestPlan’s Products
T97 BestPlan has no retailable products or services.
Affiliates are only able to market T97 BestPlan affiliate membership itself.
T97 BestPlan’s Compensation Plan
T97 BestPlan affiliates invest tron (TRX). This is done on the expectation of a passive ROI.
T97 BestPlan pays referral commissions on invested funds 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.
T97 BestPlan caps payable unilevel team levels at five.
Referral commissions are paid as a percentage of invested TRX across these five levels as follows:
- level 1 (personally recruited affiliates) – 10%
- levels 2 to 5 – 5%
Joining T97 BestPlan
T97 BestPlan affiliate membership is free.
Full participation in the T97 BestPlan income opportunity requires a minimum 10 TRX investment.
T97 BestPlan Conclusion
T97 BestPlan is another app-based task Ponzi scheme from what appears to be Chinese scammers.
T97 BestPlan’s Ponzi ruse is “cloud mining”. T97 BestPlan represents “clicking a button” equates to “the purchase of cloud computing power”.
It doesn’t. All T97 BestPlan is doing is recycling invested funds to pay returns.
T97 BestPlan is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including T97 BestPlan, BehindMLM has thus far documented thirty-six “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.