TON Booster Review: Toncoin Telegram bot pyramid scheme
TON Booster doesn’t have a website. TON Booster instead operates as a Telegram bot.
These were a thing a decade or so back but quickly died out. Of the Telegram bot scams BehindMLM came across, most were run by Russian scammers.
Reflecting this, the Central Bank of Russia put out a TON Booster pyramid fraud warning on October 10th, 2023.
Note tha CBR’s warning cites the domain “tonbooster.ru”. This domain has since been disabled.
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.
TON Booster’s Products
TON Booster has no retailable products or services.
Affiliates are only able to market TON Booster affiliate membership itself.
TON Booster’s Compensation Plan
TON Booster affiliates buy into a six-tier pyramid scheme:
- Bike – 5 TON
- Car – 25 TON
- Train – 125 TON
- Plane – 250 TON
- Rocket – 500 TON
- UFO – 1000 TON
Note that if upgrading from a lower tier, up to 70% of earned commissions can be put towards the higher buy-in fee. The other 30% must be new money (TON).
TON Booster’s marketing suggests the company uses a 5×5 matrix across each tier.
A 5×5 matrix places a TON Booster affiliate at the top of a matrix, with five positions directly under them:
These five positions form the first level of the matrix. The second level of the matrix is generated by splitting these first five positions into another five positions each (25 positions).
Levels three to five of the matrix are generated in the same manner,w ith each new level housing five times as many positions as the previous level.
Positions in each matrix tier are filled via direct and indirect recruitment of TON Booster affiliates who buy into the matrix tiers.
Commissions are paid as a percentage of fees paid in based on what level of the matrix a recruited affiliate is placed:
- level 1 (must recruit one affiliate to qualify) – 5%
- level 2 (must recruit two affiliates to qualify) – 10%
- level 3 (must recruit three affiliates to qualify) – 15%
- level 4 (must recruit four affiliates to qualify) – 25%
- level 5 (must recruit five affiliates to qualify) – 40%
Note that depending on which tier commissions are being paid out on, TON Booster caps withdrawable commissions:
- only 30% of earned Bike tier commissions are paid out on a withdrawal request
- only 40% of earned Car tier commissions are paid out on a withdrawal request
- only 50% of earned Train tier commissions are paid out on a withdrawal request
- only 60% of earned Plane tier commissions are paid out on a withdrawal request
- only 70% of earned Rocket tier commissions are paid out on a withdrawal request
- only 80% of earned UFO tier commissions are paid out on a withdrawal request
Matching Bonus
TON Booster affiliates earn a Matching Bonus on unpaid commission percentages down five levels of recruitment (unilevel):
To clarify, the unpaid commission percentages are the withheld commission percentages across each tier.
E.g. Plane tier affiliates receive 60% of earned commissions. The other 40% is used to fund the Matching Bonus.
Matching Bonus percentages paid out are determined by the highest tier the recruiting affiliate has bought into:
- Bike tier affiliates receive a 1% Matching Bonus
- Car tier affiliates receive a 3% Matching Bonus
- Train tier affiliates receive a 5% Matching Bonus
- Plane tier affiliates receive a 10% Matching Bonus
- Rocket tier affiliates receive a 15% Matching Bonus
- UFO tier affiliates receive a 20% Matching Bonus
In the Plane tier example above, these percentages would be on the 40% set aside to fund the Matching Bonus.
E.g. a Train tier affiliate would earn a 5% match on the 40% set aside.
Joining TON Booster
TON Booster affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 5 TON buy-in.
TON Booster Conclusion
TON Booster is a simple MLM pyramid scheme. That the scam is run through a Telegram bot is worth nothing but, with respect to identifying fraud, neither here nor there.
As with all MLM pyramid schemes, once affiliate recruitment dries up so too will commissions.
Math guarantees that when an MLM pyramid scheme collapses, the majority of participants lose money.
I joined Tonbooster seven weeks ago, I did so because I can not imagine that TELEGRAM would want to associate itself with a scam in any way, shape or form.
The Ton coin has shown remarkable growth in the last few months; it will probably be in the Top Ten within the next few weeks (it is currently number 11).
The fact that members have the choice of either transferring their earnings into their wallet, where, it will increase in value, or move it into ‘boost’ mode, which adds to the amount required to progress into the next position, that, obviously earns a greater percentage on commissions.
I certainly do not want to be involved in a scam! If you can prove this is a scam, explain how people will lose money when the coin constantly gains in value. We all would appreciate it.
Telegram hasn’t associated itself with TON Booster. The scammers behind TON Booster just use Telegram to run their scam.
Ton Coin has nothing to do with TON Booster. The scammers behind TON Booster just use TON Coin to run their scam.
Ton Coin’s value is independent of TON Booster being a pyramid scheme. Math guarantees the majority of participants in pyramid schemes lose money. Therein lies the scam.
Many people are unfortunately falling for Ton Booster.
What is Ton Coin?
Ton Coin is a legitimate cryptocurrency originally associated with Telegram, the popular messaging app. It was created with the idea of decentralizing and improving digital payments.
What is Ton Booster?
Ton Booster is a Ponzi scheme disguised as an investment opportunity. It promises you more Ton Coin if you recruit other people into the scheme. However, this is where the problem lies.
Why is Ton Booster a Scam?
The first red flag is that Ton Booster has nothing to do with Telegram, the original creators of Ton Coin. They are using the name “Ton Coin” to gain your trust and make you believe it is legitimate.
In a Ponzi scheme, you earn money not from a real investment or business activity, but from recruiting others. This means the scheme only works as long as new people keep joining. Once recruitment stops, the money stops, and many people lose their investments.
An Example to Understand
Imagine someone tells you they have a new, exclusive phone called “iPhone Booster”. It appears because it mentions the name “iphone” that it’s legit. You invest money to buy this new “iphone Booster” because you trust the brand and believe in their quality.
Later, you find out that “iPhone Booster” has no connection iphone or Apple and the only way you can make money is by convincing your friends to buy “iPhone Boosters” too. When people stop buying, you and your friends lose your money because the iPhone Booster was never produced by Apple. There was no direct link at all.
This is similar to what’s happening with Ton Booster. They are using the name Ton Coin to trick you into thinking it’s a safe and legitimate investment by association.
How to Protect Yourself
Do Your Research: Always verify if an investment opportunity is truly associated with a reputable company (in this case Telegram)
Understand the Scheme: If the primary way to make money is by recruiting others, it’s likely a scam.
Ask Questions: If something seems too good to be true, ask questions and seek advice from trusted sources.
I hope this helps you understand why Ton Booster is not a safe investment and how they are misusing the name of Ton Coin to deceive people. Please be careful and protect your hard-earned money.
Take care and stay safe!