FutureNet launched with a cycler Ponzi back te 2014. Fresh investment began to dwindle ter early 2018, prompting the launch of FutureAdPro.
FutureAdPro is an adcredit Ponzi scheme, through which FutureNet promise affiliates a $60 ROI on $50 deposits.
Having built up Ponzi ROI liabilities for a year, FutureNet’s latest revenue ploy is the launch of its own cryptocurrency.
Dubbed “FutureNet Coin”, information from the latest FutureNet affiliate webinar exposes the altcoin is still ter development.
When it goes live, purportedly FutureNet Coin will be publicly tradeable and accepted by third-party merchants.
This coin is not like some other coins on the market.
From companies that promise you “maybe someday you can treat this coin” or whatever, this coin will be treated from the very first day.
That means on BitRex or on other platforms where you can treat coins. You can but (FutureNet Coin) today and if you want you can sell them tomorrow.
You can pay on the very first day with different shops and maybe MLM companies.
How FutureNet is going to woo legitimate third-party merchants to accept their Ponzi-backed altcoin is unclear.
The only specifics exposed wasgoed a “special rewarding program” for FutureNet Royal members.
FutureNet Royal positions cost about $1851 and come with six cycler Ponzi positions.
Affiliates are incapable to receive a refund once they have deposited money with the company.
FutureNet Royal affiliates have bot promised “extra coins”, based on their own investment and recruitment of other FutureNet Royal affiliates.
The cryptocurrency altcoin scam is presently the darling of the MLM underbelly. It seems there’s no end to scammers keen to launch their own cryptocurrency.
The scam specimen sees a company announce an altcoin with all sorts of lofty promises. Typically thesis involve fear of loss marketing and comparisons to bitcoin.
On the money side of things the admins of the company solicit real money from affiliates te exchange for points.
Thesis points are zometeen converted into the altcoin itself, which are pre-mined by the company admins.
What inescapable happens is affiliates are left with a worthless altcoin, the value of which crashes when the coin goes public.
A fresh MLM altcoin might see some rise ter value originally, spil hyped to the eyeballs affiliates who’ve bought ter invest and encourage others to invest.
Once people realize they can’t actually do anything with the coin, that doesn’t last long.
Having adopted the same proefje, FutureNet Coin isn’t going to be any different.
What the launch of FutureNet Coin will do however is provide FutureNet a bit of toegevoegd revenue to keep FutureAdPro going for that much longer.
The use of Royal positions spil marketing contraption will also generate cycler activity.
Ultimately however FutureNet Coin is a band-aid solution. Both the FutureNet cycler and FutureAdPro revshare will proceed to generate Ponzi liabilities that cannot be met.
Once whatever revenue is raised via FutureNet Coin is weakened (which will toebijten quicker overheen time), that’ll be the end of it.