SaleChain Review: SCH token Legit Or Ponzi Scheme
Welcome to my SaleChain Review!
There has been some buzz about this company and I decided to take a look.
Chances are someone approached you about this new token opportunity and you landed here 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 PAY close attention and read this to the end…
SaleChain Review (Company)
Landing on their website, SaleChain provides no information about who owns or runs the company.
Checking SaleChain’s website domain (“salechain.io”) on who.is was privately registered on May 7th, 2020.
Alexa currently ranks Iran (15%), Mexico (9%) and Bahrain (6%), as the top three sources of traffic to SaleChain’s website.
SaleChain Review (Products)
SaleChain has no retail products or services, with affiliates only able to market SaleChain affiliate membership itself.
Have a look at another Crypto MLM I did a review on here.
SaleChain’s Compensation Plan
SaleChain affiliates invest tron into SCH tokens. The minimum investment amount is 500 TRX for 50 SCH.
Once acquired, SCH tokens are parked with SaleChain on the promise of an advertised return.
SaleChain calculates 20% of SCH tokens parked with the company each day, generate the required SCH tokens and distributes them to affiliates as a return.
SaleChain pays referral commissions via a uni-level compensation structure.
A uni-level compensation structure places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
SaleChain caps referral commissions at ten unilevel team levels.
Referral commissions are paid out as a percentage of tron invested across these ten levels:
- level 1 (personally recruited affiliates) – 22%
- level 2 – 15%
- level 3 – 10%
- level 4 – 7%
- level 5 – 5%
- level 6 – 4%
- level 7 – 3%
- level 8 – 2%
level 9 – 1%
- level 10 – 1%
Whether referral commissions are paid out in tron or SCH is not clarified.
SaleChain Review (Cost To Join)
SaleChain affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 500 TRX investment.
SaleChain is your typical crypto Ponzi points scheme.
Affiliates sign up and invest in SCH tokens, which SaleChain’s admin generates on demand at little to no cost.
The more tokens you have, the more share you will receive from this fund.
Withdrawals are taken care of through an inner trade, with a public trade exit-scam planned once tokens are exhausted (or recruitment dies).
As soon as all the tokens are sold, the main phase of the SaleChain project will be launched and the SCH tokens will be added to the exchanges for sale.
Considering there’s a 950 million SCH token cap, enrolment dying first is likely to happen over tokens running out.
On the other hand a Ponzi plot exponentially spirals crazy, so either collapse route is possible.
Outside of SaleChain’s Ponzi scheme SCH tokens are completely worthless – meaning anyone who hasn’t cashed out by the public exchange dump will be left holding bags.
The MLM side of SaleChain meanwhile is pyramid recruitment, as new investors are required to keep SaleChain afloat.
Be it affiliate recruitment stalling or a public exchange exit-scam, the math behind Ponzi schemes guarantees that the majority of participants lose money.
SaleChain won’t end any differently.
I hope you enjoyed my SaleChain review and if you have any questions feel free to ask in the comments below…
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