TronCarry Review: 2% a day tron smart-contract Ponzi
TronCarry provides no information on its website about who owns or runs the company.
TronCarry’s website domain (“troncarry.com”) was privately registered on August 28th, 2021.
I did note TronCarry’s official presentation was oddly named “Sportion – Keynote Template”.
This appears to just be related to the web development suite used to put TronCarry’s website together.
Alexa currently ranks two notable sources of traffic to TronCarry’s website; Vietnam (12%) and the Ukraine (6%).
Take your pick, both countries are hotbeds for cryptocurrency related fraud.
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.
TronCarry has no retailable products or services.
Affiliates are only able to market TronCarry affiliate membership itself.
TronCarry’s Compensation Plan
TronCarry affiliates invest 200 tron or more into a smart-contract.
This is done on the promise of a 2% daily return.
Note that only 60% of withdrawn tron is actually made available.
40% of every TronCarry withdrawal has to be reinvested back into the smart-contract.
The MLM side of TronCarry pays on recruitment of new affiliate investors.
TronCarry affiliates receive a bonus 0.1% a day for each affiliate they personally recruit.
This caps out at five recruits or a bonus 0.5% a day.
TronCarry pays referral commissions on invested tron down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1%
TronCarry pays a 10% Matching Bonus on… well it’s not entirely clear.
TronCarry’s website states the Matching Bonus is paid “every time they make a withdrawal”.
“They” being affiliates recruited across a ten-level deep unilevel team.
TronCarry’s official compensation documentation states the Matching Bonus (Team Bonus) is paid on the daily return paid out.
Whichever it is, unilevel team levels are unlocked through recruitment.
Recruit one affiliate to unlock the Matching Bonus on level 1. Recruit two affiliates to unlock the Matching Bonus on level 2, and so on and so forth.
TronCarry affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 100 TRX investment.
The smart-contract Ponzi fad kind of died out. Evidently there’s still some scammers out there willing to give it a punt.
TronCarry is your typical smart-contract Ponzi scheme. You invest, people steal your money, and you steal money from those recruited after you.
The 40% mandatory reinvestment will keep things going for a bit longer. But math is math, once withdrawals exceed investment, TronCarry goes into decline.
Eventually the contract is cleaned out (typically by the admin), leaving the majority of participants with a loss.
The to dUh BlOcKcHaIn we can see TronCarry’s smart-contract currently has 1.6 million TRX in it.
This represents a current street value of $1.9 million USD.
One day affiliates will wake up and find the contract cleaned out. This has played out with every smart-contract Ponzi every launched.
TronCarry won’t be any different.