November 21, 2020 by Brian Priest Welcome to my CyberChain Review. Is it a Legit Tron MLM or just another elaborate Ponzi Scheme. Let’s find out! 🙂
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Hello everyone and welcome to my CyberChain Review. There has been a lot of talk lately about this newer cryptocurrency MLM company. So I decided to dig a little deep in deeper and find out what all the chatter is about.
As a matter of fact you may have been approached by someone about their investment or the CyberChain business opportunity. And you came here to see if is legit. so we are going to go through the company, the products, and the compensation plan. Then you will be able to make an informed decision about the CyberChain company.
So stay with until the end and pay close attention as we go through this CyberChaain Review.
CyberChain Review – (The Company)
When I went to the CyberChain company website cyberchain.cc I discovered that it is just a registration form at the moment. And there in no information as to who owns or runs the company on the website. The Domain name cyberchain.cc was registered on 8-11-2020 and expires on 8-11-2023 through godaddy.com.
Found out the owner is SWISSCOIN
I was able to piece together that the registered owner is SWISSCOIN. However they have an incomplete Skane, Sweden address. And just to let you know, SWISSCOIN was a big ponzi scheme in 2016 if remember correctly.
From what I was able to discover The “SWISSCOIN” name has been used by Andreas Kartrud to register several domains in 2020 alone. Not to mention who knows how many others. And two of those domains that were registered this past summer were EtherChain in June and TronChain in August were the very same smart contract MLM.
Then buy the middle of July EtherChain was crashing so he launched TronChain. And because TronChain is taking a dive he is now launching CyberChain. And the CyberChain company validates this in its recent statement shown below:
“ID 1 in Cyberchain doesn’t belong to an individual. It belongs to the Eclipcity community and is supporting Etherchain and Trochain [sic]“
So let’s move along and look into the products in our CyberChain Review.
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CyberChain Review -(The Products)
Currently the CyberChain company doesn’t have any retail products to offer. However you are able to become an affiliate and promote the affiliate membership. And then from there you can invest in the company matrix cycler.
So Now take a look into the compensation plan inside this CyberChain review.
CyberChain Review – (The Compensation Plan)
I found a video on YouTube that does a great job of breaking down the company and the compensation plan. So make sure to watch it as well.
Once you become a CyberChain affiliate you invest 100 Tron on a promise that you will receive the returns that are being advertised. And the CyberChain company pays these returns through a twelve-level 3×2 matrix cycler.And there are 12 positions to fill in a 3 x 2 matrix.
These positions can be filled directly or indirectly by team members who invest 100 Tron each. Then 50% of those Tron investments are paid as a commissions. So this means to fill 12 positions, 600 Tron are the commissions when 100 Tron is invested to create a tier 1 cycler position. And This is what is known as a CYCLE.
The Written Compensation Plan
Each tier 1 cycle pays 500 Tron return on an initial investment of 100 Tron. And below is how the compensation plan works from tiers 2 through 12:
- 2nd Tier – invest 200 TRX and get 1000 TRX plus a new tier 2 cycler position
- 3rd Tier – invest 400 TRX and get 2000 TRX plus a new tier 3 cycler position
- 4th Tier – invest 800 TRX and get 4000 TRX plus a new tier 4 cycler position
- 5th Tier – invest 1600 TRX and get 8000 TRX plus a new tier 5 cycler position
- 6th Tier – invest 3200 TRX and get 16,000 TRX plus a new tier 6 cycler position
- 7th Tier – invest 6400 TRX and get 32,000 TRX plus a new tier 7 cycler position
- 8th Tier – invest 19,200 TRX and get 96,000 TRX plus a new tier 8 cycler position
- 9th Tier – invest 57,600 TRX and get 288,000 TRX plus a new tier 9 cycler position
- 10th Tier – invest 172,800 TRX and get 864,000 TRX plus a new tier 10 cycler position
- 11th Tier – invest 518,400 TRX and get 2,592,000 TRX plus a new tier 11 cycler position
- 12th Tier – invest 1,555,200 TRX and get 7,776,000 TRX plus a new tier 12 cycler position
So next let’s look at what it costs to join the CyberChain company inside of our CyberChain Review.
CyberChain Review – (The Cost to Join)
When you become a CyberChain affiliate the membership will cost you 100 TRX investment. And to be a able to take part in 12 level of the compensation plane your total investment will be 2,335,900 TRX,
So now come the part you have been waiting for. And unlike a lot of other CyberChain reviews out there, I’m going to be straight with you. So stay with me until the end and pay close attention. Because here are…
My Final Thoughts
So does some kind of CyberChain cryptocurrency scam going on behind the scenes of the CyberChain company. Well let’s look at the evidence we collected.
Right off the top there are just way to many red flags. And Andrea Kartrud is not being open, honest, and transparent about this company that he has designed and I had to dig deeper to find out who owned the company and who is running the show.
The next thing we notice is that they have no products at all to offer. Which means the only money coming into the company is new investments. And in addition to that all you are doing is buying matrix positions that qualifies you to earn when you sponsor other people that do the same thing.
This is no more than a classic Ponzi Scheme. And after doing all the digging it appears that Andrea Kartrud has a history of these things. Then when we look at his past opportunities like EtherChain and TronChain that he has ran. Do we really think it’s a good idea to join this thing?
I can not recommend that anyone invest in this company. So save your money and start learning the skills to build your own digital business the right way.
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I hope you enjoyed my CyberChain review, and again if you have ANY questions please feel free to ask in the comments below and I will get back to you as soon as I can.
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