AN MLM PYRAMID SCHEME BASED ON NEW BLOCKCHAIN TECHNOLOGIES?
Fomo5k is a new project that promises a passive income of 5,000 ETH every 100 days. With the arrangement according to the principle of filling from top to bottom and from left to right on a 2-branch diagram, this will help members best support each other. The placement of Fomo5k helps you fully earn high profits thanks to the system spilling down from above without having to refer anyone else.
However, it can be easily mistaken with MLM pyramid scheme because of its 2-branch diagram model. In reality, everything that you did not like in the binary market is absent in Fomo5k, no long sponsorship legs, no bonuses for personally invited.
Although the foundation of the system is built from referrals and referrals are your source of profit, the interesting fact is that referrals are NOT REQUIRED.
In addition to the partners that you directly introduce, you also have referrals from 2 cases, which are your upstream and your free partners from the global system.
Fomo5k’s Products
Fomo5k offers no retail products or services. The only tradable commodity in the system is Levels and membership.
Fomo5k advertises as being a decentralized system using Smart Contract on Ethereum’s Blockchain platform. Its sale pitch is its ability to allow users to have a chance to get 5,000 ETH ($750,000) every 100 days only a single investment of 0.1ETH ($15).
Fomo5k’s Compensation Plan
With Fomo5k, a mechanism called Position Overflow is used. It is a mechanism that ensures the structure of the system below users to have a maximum of 2 people in the 1st floor, 4 people in the 2nd floor, 8 people in the 3rd floor, and so on.
To enter the system, users are required to purchase a 0.1 ETH subscription position in a 2-foot diagram scheme.
Fomo5k uses a unique formula to fill the position on the 2-branch diagram. Users can invite an unlimited number of F1 partners and they are automatically filled from top to bottom and from left to right to ensure users always have up to:
· 2 partners on the 1st floor
· 4 partners on the 2nd floor
· 8 partners on the 3rd floor
· 16 partners on the 4th floor
· 32 partners on the 5th floor
· ….
The number of partners on the floor below is always double that of the upper floor to infinity.
This excellent arrangement technology will sometimes help users own the system thanks to the top flowing down without introducing anyone else.
Users’ profits will be repeated every 100 days because when they renew the levels, the partners in their structures will do the same.
Referral Commission
Levels can only be purchased sequentially from Level 1 to Level 10. If users purposely want to buy level 3 without buying level 2, Smart Contract will not process their requests. The money will be redirected to the upline on the same line as their partners. If users buy a Level on time, this will not happen.
👉Join our official international communities here :
➡️Ann Threat : https://bitcointalk.org/index.php?topic=5222482.new#new
➡️Telegram:
⁃ Group Official : https://t.me/Fomo5kofficial
⁃ Channel :https://t.me/fomo5k
⁃ Group VN: https://t.me/Fomo5kvn
➡️Facebook: https://www.facebook.com/fomo5k/
➡️Twitter: https://twitter.com/fomo5k
➡️Youtube : http://bit.ly/youtubefomo5k
➡️Medium: https://medium.com/@fomo5k
#fomo5k #fomo #ethereum #cryptocurrency #Bitcoin #blockchain #fomo5k
Published at Mon, 03 Feb 2020 02:06:23 +0000
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