Comment by franciscop
5 years ago
Another amazing video deconstructing it. "This game has more red flags than a Turkish Embassy":
https://www.youtube.com/watch?v=lXDngD70Lw4
On top of it all, it's a pyramid scheme. They claim you can only play the pre-alpha if you get 2 other people to pledge, and when you get 2 other people to pledge they put you on a waiting list.
..and yet people still give this the benefit of the doubt. It’s so clearly a scam in every sense of the word.
That’s not a pyramid scheme, that’s a referral system.
No a referral system, is "you can invite others to play, everyone else has to wait"
"You can only benefit, after you get others to invest" is almost a textbook definition of a pyramid scheme.
I think the missing part for it to be a true pyramid is that you don't profit from your referrals referrals and so on. That's what is usually called a downline in MLM/pyramid schemes.
But yeah, it is getting very close to a pyramid system IMO.