TronCoin Review: Crypto mining “click a button” app Ponzi
TronCoin fails to provide ownership or executive information on its website.
TronCoin’s website domain (“tron-coin.net”), was privately registered on June 23rd, 2024.
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.
TronCoin’s Products
TronCoin has no retailable products or services.
Affiliates are only able to market TronCoin affiliate membership itself.
TronCoin’s Compensation Plan
TronCoin affiliates invest tron (TRX). This is done on the promise of advertised returns:
- VIP1 – invest 20 to 1000 TRX or more and receive 9% a day
- VIP2 – invest 1001 to 3000 TRX or more and receive 10% a day
- VIP3 – invest 3001 to 7000 TRX or more and receive 11% a day
- VIP4 – invest 7001 to 15,000 TRX or more and receive 12% a day
- VIP5 – invest 15,001 to 30,000 TRX and receive 13% a day
- VIP6 – invest 30,0001 to 50,000 TRX and receive 14% a day
- VIP7 – invest 50,001 to 100,000 TRX and receive 16% a day
- VIP8 – invest 100,001 to 300,000 TRX and receive 18% a day
- VIP9 – invest 300,001 to 500,000 TRX and receive 20% a day
- VIP10 – invest 500,001 or more TRX and receive 25% a day
TronCoin pays referral commissions on invested TRX down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 13%
- level 2 – 2%
- level 3 – 1%
Joining TronCoin
TronCoin affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 TRX investment.
TronCoin Conclusion
TronCoin is yet another “click a button” app Ponzi scheme.
TronCoin’s “click a button” Ponzi ruse is crypto mining:
TRON-Coin Cloud Mining Service Platform will be officially launched on July 25, 2022.
The presented ruse is TronCoin affiliates purchase a virtual mining machine. They then log in and click a button to receive mining revenue (the more invested the more buttons have to be clicked).
TronCoin’s cloud mining operations purportedly generate revenue, which is then shared with affiliates.
If that makes no sense it’s because it doesn’t. If TronCoin already has crypto mining operations set up, what do they need your money for?
In reality clicking a button in TronCoin’s app does nothing. All TronCoin does is recycle newly invested funds to pay earlier investors.
TronCoin is part of a group of “click a button” app Ponzis that emerged in late 2021.
Examples of already collapsed “click a button” app Ponzis using the same cloud mining ruse include SKP Mine, Stronghold Digital and Dmatrx.
Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.