According to the website of BNBSmartPool, the initial version of the idea failed.
“This time we’ll do it correctly,” says BNBSmartPool 2.0.
BNBSmartPool’s website does not include information about the company’s ownership or executives.
On January 15th, 2022, BNBSmartPool’s website domain (“bnbsmartpool.com”) was privately registered.
The official Facebook page of BNBSmartPool is run in the Philippines. This clearly shows that whoever runs BNBSmartPool is headquartered in the Philippines.
Another option is to hire Filipino support employees to handle the Facebook page, as Alexa rates the United States as the leading source of the traffic to BNBSmartPool’s website (35%).
India (24%) and Canada (13%), respectively, are the second and third major sources of traffic.
As always, if an MLM firm is not honest about who runs or controls it, consider twice before joining and/or turning over any money.
Products by BNBSmartPool
BNBSmartPool does not sell any items or services.
Affiliates can only promote BNBSmartPool affiliate membership.
The Compensation Plan of BNBSmartPool
Affiliates of BNBSmartPool spend 0.005 or more in Binance coin (BNB) on the promise of “infinite ROI.”
In reality, BNBSmartPool provides up to 405% on a single investment.
The ROI rates of BNBSmartPool are based on how long an affiliate invests:
Seven days pay 175%
Thirty days pays 405%
A sliding scale between 7 and 30 days allows an affiliate to fine-tune their ROI if desired.
A unilevel compensation system is used by BNBSmartPool to award referral commissions.
In a unilevel compensation system, an affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right under them (level 1):
If any level 1 affiliates acquire new affiliates, they are assigned to the original affiliate’s unilevel team at level 2.
If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on for an unlimited number of levels.
The maximum payable unilevel for BNBSmartPool is five.
Referral commissions are given as a percentage of BNB invested at each of these five tiers, as shown below:
level 1 (personally recruited affiliates): 25% level 2: 15% level 3: 10% level 4: 5% level 5: 2.5%
Affiliates can only withdraw up to 1 BNB at a time from BNBSmartPool.
For 7 days, 50% of all BNBSmartPool withdrawals must be reinvested.
BNBSmartPool affiliate membership is completely free.
A minimum investment of 0.005 BNB is required to fully participate in the associated income opportunity.
Conclusion of BNBSmartPool
This indicates that the first BNBSmartPool went bankrupt in less than two months.
This is odd given the company’s emphasis on “guaranteeing lifespan.”
The BNBSmartPool software includes anti-whale and anti-fund-depletion mechanisms to ensure lifespan and favorable investor sentiment.
The initial incarnation of BNBSmartPool failed because it was a Ponzi scam. Math is math, and any Ponzi scheme will fail when withdrawals outweigh the fresh investment.
It’s worth noting that BNBSmartPool’s initial Ponzi contract still contains $138,043 in BNB.
We can see from the contract that the flight did not take off until February 14th.
I’m not sure what the story is, but something suspicious is going on. If there is a slew of investors ready to cash out on March 14th, that’s only two days away.
What we do know is that the new investment is dead, thus the new version.
Surprisingly, BNBSmartPool’s 2.0 contract only contains $480. On March 4th, the contract was created.
The demise of BNBSmartPool coincides with the company’s 30-day maximum investment window.
Rather than being paid, those who invested and reinvested over shorter timeframes should have cleaned out invested funds.
Instead, you have a contract that needs to be cleaned out and a new one that no one seems to be interested in.
Whatever crypto bro shenanigans are going on, math is math, and the majority of BNBSmartPool investors will lose money, regardless of whether it has already occurred.
