Financial Smart Contract Review (trxchain.io)

in #defi4 years ago

Hi guys, thanks for stopping by.

Welcome to my TronChain Review!

There has been some buzz about this company and I decided to take a look to see what it was all about.

Chances are someone approached you about the business opportunity or smart contracts and you want to make sure it’s legit.

The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.

Just make sure you PAY close attention and read this to the end…

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TronChain’s website has no information on who runs or owns it.

I checked out their domain “trxchain.io” and found out it was privately registered July 29th, 2020.

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“SwissCoin” is listed as the owner with an incomplete address in Skane, Sweden.

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After taking a deeper look into this, I found a marketing video on Andreas Kartrud’s personal YouTube channel about TronChain.

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He cited himself as the creator of Tron Chain in an August 12th video

![Tron-Chain-YouTube-marketing-video.jpg](UPLOAD FAILED)

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In the past, he has promoted Shopping Sherlock, SwissCoin, Dominant Finance, Wotoken, Up2Give, KryptoGlobe, 1 Click Trading and XOXO Network.

He is also the creator of EtherChain which is a smart contract company as well…

Tronchain products
Tron Chain has no retail products or services, but you can become an affiliate and promote their affiliate membership.

Once you become an affiliate, you can invest in the company in TRX which is tron cryptocurrency.
TronChain Compensation Plan
Tronchain affiliates invest the tron cryptocurrency (TRX) on a promise they will get a 310% ROI.

These ROI’s a produced by:

1% a day passive return;
10% referral commission on funds invested by personally recruited affiliates; and
a Matching Bonus on withdrawals by downline affiliates (details below).
Once 310% has been paid, TronChain affiliates must reinvest the same amount or more compared to last time to earn.

Matching Bonus
TronChain pays out a Matching Bonus through a unilevel compensation plan structure.

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TronChain pays up to 15 levels deep.

Below is the percentage you can earn on the withdrawal requests made by your down line members:

Level 1 (personally sponsored affiliates) – 30%
Level 2 to 5 – 10%
Level 6 to 10 – 8%
Level 11 to 15 – 5%
To unlock all the levels, you must sponsor 15 affiliates in total.

To unlock each level you must recruit that many people…

Top Referral Pool
TronChain takes 5% of daily company-wide investment and places it into the Top Referral pool.

10% of the collected Top Referral Pool is paid out to TronChain’s four more active members every 24 hours.

Now for the other 90% there is no information.

Cost To Join TronChain
TronChain affiliate membership is free, but to be part of the investment opportunity you must drop 100 TRX investment.

Unlike all the other TronChain reviews out there I am going to keep it real with you

Final verdict
So does the TronChain scam exist?

Well let’s look at the facts…

This is an EXACT clone of EtherChain which I reviewed not too long ago which has gone into a decline.

So EtherChain is only a few months old and already going into the crapper….

TronChain is an EXACT clone…

Do you see what is going on here?

It uses the same smart-contract script as EtherChain.

Only difference is instead of Ethereum, they are using Tron or TRX.

Once recruitment slows down in this company like how it did in the previous, he might have to launch another one to keep paying these crazy ROI’s.

Or he might just call it quits all together…

Who knows…

What I do know is it’s just another ponzi schemes and they don’t last that long…

And if they do last long, they will SCAM people once it does go under.

Anyway I can’t recommend this company to anyone.

I hope you enjoyed my Tron Chain review and if you have any questions, feel free to ask in the comments below.

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