On its website, FullBNB makes no mention of who owns or controls the business.
On March 25th, the domain name “fullbnb.net” for the FullBNB website was registered. The owner is identified as “Luis Angel Montes,” using an arbitrary address in Argentina.
BNBglend was registered using the same email that was used to register FullBNB.
Running the same website backend script as FullBNB, BNBglend looks to be a copy of it.
Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.
Products from FullBNB
No retailable goods or services are offered by FullBNB.
Affiliates can only promote FullBNB affiliate membership in and of itself.
The Compensation Plan for FullBNB
Binance Coin (BNB) is invested by FullBNB affiliates with the promise of a daily ROI of 30%.
Three stages of recruiting (Unilever) are paid down for referral commissions on invested BNB:
level 1 (affiliates individually recruited) – 10%
Level 2: 2 percent; Level 3: 1 percent
Getting on FullBNB
It looks that FullBNB affiliate membership is free.
A minimum investment of 0.1 BNB is required for full participation in FullBNB.
A straightforward smart-contract Ponzi scam is FullBNB. You invest and then continue to steal other people’s money as long as BNB is remaining in the smart contract.
Every Ponzi scheme fails. Any iteration of FullBNB won’t last more than a week at most if growth is only 30% each day.
Early in April, the initial iteration of FullBNB was live but failed after one to two weeks.
This led to the April 22 release of “V2.”
The smart contract for FullBNB V2 seems to have been cleared out in the middle to the end of May.
This led to the establishment of BNBglend on May 11th.
BNBglend’s smart contract has likewise been cleared out as of the time of writing.
Recycling the script to start further cryptocurrency frauds seems like a waste of effort given that BNBglend’s smart contract only generated 3.4 BNB (about $300).
The creator address of the smart contracts for FullBNB and BNBglend is 0xbf6cc4822f1bDfba8470E998498165FC1B897021.
This BehindMLM review is more of an obituary than usual, but it’s still important to take note in case “Luis Montes” resurfaces with another recycled smart-contract Ponzi scheme.