TRXS Online provides no information on its website about who owns or runs the company.
TRXS Online’s website is a login gateway to the company’s app, through which its MLM opportunity is run through.
TRXS Online’s website domain (“trxs.online”), was privately registered on July 30th, 2022.
If we look at the source-code of TRXS Onlines website, we see it is localized to Chinese:
This strongly suggests whoever is behind TRXS Online has ties to China.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
TRXS Online’s Products
TRXS Online has no retailable products or services.
Affiliates are only able to market TRXS Online affiliate membership itself.
TRXS Online’s Compensation Plan
TRXS Online affiliates invest tron (TRX). This is done on the promise of advertised returns:
invest 5 to 1500 TRX and receive 17% a day
invest 1501 to 5000 TRX and receive 19% a day
invest 5000 to 20,000 TRX and receive 23% a day
invest 20,000 to 100,000 TRX and receive 28% a day
invest 100,000 TRX to 9,999,999 TRX and receive 40% a day
TRXS Online pays referral commissions on invested tron down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 18%
level 2 – 3%
level 3 – 1%
Joining TRXS Online
TRXS Online affiliate membership is free.
Full participation in the attached income opportunity requires a 5 to 9,999,999 TRX investment.
TRXS Online Conclusion
TRXS Online is another app-based task Ponzi scheme from what appears to be Chinese scammers.
TRXS Online’s Ponzi ruse is “cloud mining”. TRXS Online represents “clicking a button” equates to “the purchase of cloud computing power”.
It doesn’t. All TRXS Online is doing is recycling invested funds to pay returns.
TRXS Online is part of a group of click a button app Ponzis that have emerged since late 2021.
Including TRXS Online, BehindMLM has thus far documented thirty-two click a button app Ponzis. Most of them last a few weeks to a few months before collapsing.
The same group of Chinese scammers are believed to be behind the click a button app Ponzi plague.