TronBase Review: 310% ROI smart-contract Ponzi
TronBase provides no information on its website about who owns or runs the company.
TronBase’s website domain (“tronbase.io”) was privately registered on August 28th, 2020.
The majority of TronBase marketing appears to be in Hindi. This suggests whoever is running TronBase is likely based out of and/or from India.
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.
TronBase’s Products
TronBase has no retailable products or services, with affiliates only able to market TronBase affiliate membership itself.
TronBase’s Compensation Plan
TrongBase affiliates invest TRON on the promise of an advertised 310% ROI.
The ROI is calculated based off a daily return, recruitment commissions and twenty-five level deep ROI match.
Daily ROI
TronBase pays a 1% daily ROI.
Recruitment Commissions
TronBase affiliates earn 10% of TRON invested by personally recruited affiliates.
ROI Match
TronBase pays a ROI match 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.
TronBase caps payable unilevel team levels at twenty-five.
The ROI Match is paid as a percentage of the daily ROI paid across these twenty-five levels as follows:
- level 1 – 25% match
- levels 2 to 5 – 10% match
- levels 6 to 15 – 5% match
- levels 16 to 25 – 2% match
Note that each level of the unilevel team is unlocked via direct recruitment.
E.g. recruit one affiliate to unlock the ROI Match on one unilevel team level.
Recruit two affiliates to unlock the ROI Match on two unilevel team levels and so on and so forth (capped at twenty-five).
Daily Top Referral Pool
TronBase takes 5% of company-wide investment and places it into the Daily Top Referral Pool.
Every 24 hours TronBase’s top ten recruiters receive 20% of the Daily Top Referral Pool.
With 80% withheld, the idea seems to be an increased Daily Top Referral Pool even if new investment swings.
Note that it is unclear whether Daily Top Referral Pool earnings count towards the 310% ROI.
Joining TronBase
TronBase affiliate membership is tied to a minimum 500 TRX investment.
Once a 310% ROI has been realized, continued investment is required in order to continue earning.
Conclusion
TronBase is a simple smart-contract Ponzi scheme.
You invest TRON and it’s stolen by people who invested before you. You then steal TRON from people who invest after you.
There is some overlap with reinvestment but for the most part whatever you withdraw is stolen from later investors.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will see TronBase collapse, resulting in the majority of participants losing money.
Guess who’s pimping this one:
I wonder if Healy World has a policy against cross recruiting like the one FutureNet had.
Cause that’d be a shame.
ETA: In a promo video Ryan promises that TronBase will soon have their very own coin. You can use it to play in the upcoming TronBase online casino.
TronBase or TronCase? Not very imaginative these tron smart contract Ponzi scammers hey.
TRON scams are popping up left and right and all the loser scam pimps are pushing them!