VR Tron500 Review: 200% ROI tron smart-contract Ponzi
VR Tron500 provides no information on its website about who owns or runs the company.
VR Tron500’s website domain (“vrtron500.io”) was privately registered on April 1st, 2021.
Further research reveals this guy appearing in official VR Tron500 marketing videos:
I wasn’t able to identify this individual (language-barriers), but he appears to be based out of India.
This is supported by the majority of VR Tron500 marketing being pitched at Indians.
VR Tron500 marketing material also references “sarees” (ex. right).
Sarees are women’s clothing typically associated with the Indian subcontinent.
Finally we have Alexa traffic estimates, which peg visitors to VR Tron’s website coming from India (66%) and Iran (35%).
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.
VR Tron500’s Products
VR Tron500 has no retailable products or services, with affiliates only able to market VR Tron500 affiliate membership itself.
VR Tron500’s Compensation Plan
VR Tron500 affiliates invest tron on the promise of an advertised 200% ROI.
VR Tron500 solicits investment across ten tiers:
- Economy – 200 TRX
- Smart – 500 TRX
- Deluxe – 1000 TRX
- Ultimate – 2000 TRX
- (no name) – 5000 TRX
- (no name) – 10,000 TRX
- (no name) – 25,000 TRX
- (no name) – 50,000 TRX
- (no name) – 100,000 TRX
- (no name) – 200,000 TRX
VR Tron500 pays a base return of 0.5% a day for 400 days.
If a VR Tron500 affiliate recruits two affiliates who invest, they receive 1% a day for 200 days.
The MLM side of VR Tron500 pays on recruitment of new affiliate investors.
VR Tron500 pays a 10% commission on tron invested by personally recruited affiliates.
VR Tron500 pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day VR Tron500 tallies up new investment on both sides of the binary team.
Affiliates are paid a 5% residual commission on tron invested on their weaker binary team side.
Once paid out on, tron is matched against the stronger binary team side and flushed.
Leftover volume on the stronger binary team side carries over.
Note that VR Tron500 caps residual commissions at 100,000 TRX a day.
VR Tron500 rewards affiliates for reaching residual commission milestones:
- earn 50,000 TRX in accumulated residual commissions and receive a “42” LED TV”
- earn 200,000 TRX in accumulated residual commissions and receive a four-day trip to Thailand
There are also various “fund” bonuses offered through a “300 day bonanza”.
These appear to be tied to soliciting investment but I’m not 100% sure on bonus qualification (VR Tron500 provides poor source marketing material).
Joining VR Tron500
VR Tron500 affiliate membership is tied to an initial 200 to 200,000 TRX investment.
VR Tron500 pitches itself as
one of the most transformative technologies since the invention of Crypto Platforms.
In reality VR Tron500 is a simple 200% ROI crypto Ponzi scheme.
With nothing marketed or sold to retail customers, the MLM side of VR Tron500 is a pyramid scheme.
You invest, people steal your money and then you accordingly steal money from people who invest in VR Tron500 after you.
This is tracked through what appears to be a smart-contract script.
200/400 days is plenty of time for funds to run dry when withdrawal requests are eventually put in.
Alternatively if the script is paying out daily, the second payouts exceed new investment it’ll be over.
The math behind Ponzi schemes guarantees that the majority of participants lose money.