Welcome to my TRONex Review!
This is the latest smart contract tron based MLM company to pop up and I decided to take a closer look.
Chances are someone approached you about the business opportunity and the 200% ROI 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.
Table of Contents
TRONex Review (Company)
You can’t find any information about who owns or runs the company from their website.
Checking their domain from who.is I found out “tronex.net” is privately registered.
TRONEX LTD company number 12739027 was incorporated in the UK on July 13th, 2020.
Now the strange thing is they have TWO addresses.
On the UK certificate they have 10 Creek Road, London, England, SE8 3BN.
Now on their website, they have 5 Fleet Place, London, England, EC4M 7RD.
As you might already know, UK incorporation is dirt cheap and effectively unregulated. As a result, it makes it the favored jurisdiction for scammers looking to incorporate dodgy companies.
For the purpose of performing MLM due-diligence, UK incorporation is meaningless.
Here is a bit more info about their ranking in Alexa.
TRONex Review (Products)
The company doesn’t have any retail-able products.
All you can do is become an affiliate and promote the affiliate membership.
On top of that, you can invest into the company on a promised return…
If you are looking for something that has passive returns, check out Jeff Lerners Entre Institute.
TRONex Review Compensation Plan
TRONex has affiliate invest minimum 100 TRX into the company on a promise they can get up to a 200% return on investment.
There are no maximums limits.
Basic Interest Rate
You can earn 1% every 24 hours which is paid hourly (0.0416%).
Personal Hold Bonus
If you hold your funds into the company behind the minimum withdrawal date, you can earn an extra 0.1% for the first 24 hours and then 0.2% after 48 hours and 0.3% after 72 hours and so on.
They don’t have any information on what the limit here is.
Here is an insurance MLM I did review on.
Contract Total Amount Bonus
You can earn an extra 0.1% for every 1,000,000 TRX on the platforms balance.
Referral Commissions
TRONex pays affiliates through a uni-level compensation plan as a percentage on your downlines invested funds.
TRONex caps their uni-level at three levels deep:
- Level 1 – 5%
- Level 2 – 2%
- Level 3 – 0.5%
Commissions are paid in TRX as well.
How Much It Cost To Join TRONex
The affiliate membership is tied to a 100 TRX investment.
There is no maximum amount.
Unlike all the other TRONex reviews out there I am going to keep it real with you…
Final Verdict
So does the TRONex scam exist?
Let’ look at the facts..
We don’t know who runs or owns it and makes false claims about how this is an anonymous platform.
There are no retail products or services for customers to buy and all you can do is become an affiliate and sponsor new affiliates.
Their UK incorporation addresses are both fake.
In addition, UK incorporation’s are not regulated and it’s favourable choice for scammers.
Plus they claim “Smart-Contract verified and audited by independent company”.
Because they are offering a passive return, they must be at LEAST registered in the UK for securities with the FCA.
I couldn’t find any FCA registration for them.
Because the FCA would audit them to see if what they are saying is true.
But they claim they have a third party auditor?
This whole operation is nothing more than a ponzi scheme…
Just think about it…
If they can make 1%+ per day, why would they need affiliates and a compensation plan?
They would make a KILLING with a small deposit over a year.
What I can verify is NEW investments are paying off existing members which makes this company nothing more than a typical ponzi scheme.[1]
Anyway I can’t recommend this smart contract TRON scam…
I hope you enjoyed my TRONex review and if you have any questions feel free to ask in the comments below…
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