Welcome to Bull is coming TronChain Review
The membership of the TronChain smart contract is increasing day by day and there’s a side rumor that Tronchain is linked to being a scam project due to the past record of the founder Andreas Kartrud
He is a victim of a recent scam smart contract project called Etherchain, and after that, he ran away to Montenegro, if not for anything but to seek refuge.
So I had to take a look to know if TronChain is another of his scam or a legit way to earn Tron online.
So read through to learn more about TronChain before joining so that you don’t fall for another smart contract scam.
What is TronChain
TronChain is a financial system built on smart contract technology, open to all and transparent to all.
The TRONCHAIN Smart Contract claims that it is designed to provide everyone with an independent, financial support fund, based on Smart Contract technology, surrounded and supported by multiple services including DEFI and online gaming through ECLIPCITY.
How Does TronChain Works
Any participant can contribute TRX towards the community fund and support the TRONCHAIN community members, the participant will now activate the contract code and will start to receive support back from other community members.
TRONCHAIN is 100% decentralized and a community-based project; Meaning that there are no guarantees nor additional profits made in TRONCHAIN alone, all that you receive from TRONCHAIN is made from other community members and based upon your own and the community efforts as this is a P2P support model.
You support others and others support you back.
TRONCHAIN can actually be viewed as a decentralized “third party” which insures complete fairness, transparency and justice for all according to the algorithm code.
There are no mediators or intermediaries, no owners, no company, no CEO, and no human interaction, which is effectively guaranteeing the fairness of all participating partners and partners’ funds according to the rules of the Smart Contract. ( I consider all these false).
It is the most reasonable, safest, and best cutting-edge financial SUPPORT model available at this time.
You can participate in TRONCHAIN with a minimum deposit of 100 TRX to the Fund, you are now eligible to receive 310% back
The 310% is returned in 4 ways (1 passive and 3 via marketing) and when the 310% is accumulated through any of the 4 ways, a new deposit must be made equal or greater to continue receiving from the fund.
- 1% Daily return on your Deposit (maximum 310 days) 100% Passive.
- 10% Direct Referral Commission for Sharing and Growing the Community Fund.
- Matching Commission on Partners Daily Income every time they make a withdrawal 1st generation 30%
2nd generation 10%
3rd generation 10%
4th generation 10%
5th generation 10%
6th generation 8%
7th generation 8%
8th generation 8%
9th generation 8%
10th generation 8%
11th generation 5%
12th generation 5%
13th generation 5%
14th generation 5%
15th generation 5%1 new level is activated for each direct partner, maximum 15 levels, see above. - Daily Top Referrer Pool 3%, of ALL Deposits, set aside in pool, every 24 hours 10% of the pool is shared among top 4 sponsors in volume.
TronChain Minimum and Maximum Deposit Limits
- 1st cycle, minimum deposit 100 TRX, up to 100 000 TRX.
- 2nd cycle, equal or greater than the previous deposit, up to 300 000 TRX.
- 3rd cycle, equal or greater than the previous deposit, up to 900 000 TRX.
- 4th cycle and beyond, equal to or greater than the previous deposit, up to 2 000 000 TRX.
How to Join Tronchain Smart Contract
To join Tronchain you need to use one of the following Dapp wallets.
- Tronlinkpro
- Tronwallet
To connect with the smart contract, please download, set up, and fund your preferred wallet from the instructions below.
It is mandatory to use a referral link 1st time depositing to TRON CHAIN smart contract, please get back to the person that introduced you to TRON CHAIN.
PHONE WALLET –
TRON WALLET – download at offical site:
https://www.tronwallet.me/
TRONWALLET is a secure p2p crypto wallet and exchange for TRON (TRX)
- Download and set up TRON WALLET to phone
- Fund TRON wallet with TRX
- Go to Dapp browser in wallet and enter the ref link
- select amount to deposit and click join
TRONLINK Wallet – PC BROWSER EXTENSION
What is TRONLINK?
TRONLINK is Available as a browser extension and as a mobile app, TronLink equips you with a key vault, secure login, and token wallet—everything you need to manage your digital assets.
TronLink generates passwords and keys on your device, so only you have access to your accounts and data
How download TRONLINK browser extension?
Official website: https://www.tronlink.org/
How to connect TRONLINK to TRON CHAIN smart contract?
Open Web browser with TronLink download
Enter TRXCHAIN.IO (ref link) and click enter
Allow TRON LINK wallet to connect to trxchain.io
*first time joining TRON CHAIN, follow these steps
- Copy ref link from sponsor
- Enter ref link into your pc browser with TRONLINK extension
- Select the amount you wish to deposit up to 100.000 TRX
- Click join and confirm transaction in wallet
TronChain’s Compensation Plan
TronChain affiliates invest the tron cryptocurrency (TRX), on the promise of an advertised 310% ROI.
The ROI is generated via a combination of
- 1% a day passive return;
- 10% referral commission on funds invested by personally recruited affiliates; and
- a Matching Bonus on withdrawals by downline affiliates (details below).
Once 310% has been paid out, TronChain affiliates must reinvest equal to or more than they last invested to continue earning.
Matching Bonus
TronChain pays a Matching Bonus via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them
Matching Bonus
TronChain pays a Matching Bonus via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel 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.
TronChain caps payable unilevel team levels at fifteen.
The Matching Bonus is paid out as a percentage of withdrawal requests made across these fifteen levels as follows:
- level 1 (personally recruited affiliates) – 30%
- levels 2 to 5 – 10%
- levels 6 to 10 – 8%
- levels 11 to 15 – 5%
Note that in order to unlock all fifteen unilevel team levels, fifteen affiliates must be recruited.
To unlock three levels, three affiliates must be recruited. To unlock ten levels, ten affiliates must be recruited and so on.
Is TronChain Legit
TronChain is a Scam. This is because it will collapse soon just the way Bank of Tron collapse. It is a Ponzi scheme and when the rate at which people join the platform daily reduces drastically.
There will be a deficit in payment of old investors and gradually Tronchain will die off leaving new investors at loss.
Conclusion
In conclusion, Considering TronChain is literally a clone of Andreas Kartrud’s EtherChain Ponzi, one can assume EtherChain has gone into decline.
This should be of concern to potential TronChain affiliates, seeing as EtherChain is barely a few months old before it collapsed.
TronChain is the same website template and smart-contract script as used in EtherChain. The only difference is ethereum has been swapped out for tron as the key token.
If you would ask me for recommendation, I will say don’t invest.