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Tronex.net Review – Tron Smartcontract, Know if it is Legit or Scam

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Tronex.net Review – Tron Smartcontract, Know if it is Legit or Scam by : 12:02 pm On October 3, 2020

Tronex.net is a new smart contract program on Tron blockchain that promises to double users’  investment within a few days.  If you want to invest in the program but want to know if it is legit or scam, here is my honest review.

Let’s start by looking into the team behind the project. It is always good to know the people managing your funds before investing in any program.

Tronex.net did not disclose who owns or runs the project. They only provided a link to their Telegram group.

In their official Telegram group, the administrators and moderators are all anonymous, no real profile picture, no real name, hidden numbers etc. This is a sign that this program is not legit.

Tronex.net, in a bid to convince investors to join the program, provided a Certificate of incorporation from the UK. UK Certificate of incorporation does not guarantee security. Anybody can get it online even people leaving outside the UK.

They claim their Smart-contract is audited by an independent company, Grox. There is no much information about Grox online, it seems they are new. It may be disastrous to take any information from the site serious.

Dapprader, a website that provides information and insights about all the existing apps, lists Tronex.net under high-risk investment. Apps under high-risk are usually Ponzi and scam programs. They can close anytime and run away with your funds.

Tonex.net does not have any retail products or services. All the monies deposited are kept inside their smart contract and distributed back to their users.  The math behind Ponzi guarantees that the site will eventually collapse once recruitment slows down.

Besides that, the creator of the program can shut it down when they wish, withdrawing all the remaining balance into their personal account. Tronex.net will not be the first to do that if it eventually happens.

Many programs like Tronex.net existed before.  200Tron, Bank of Tron, Tron250 etc are similar programs with the same modus operandi. You can check online to confirm that those websites were once the talk of the Ponzi promoters but they have all gone down.

TRONex Compensation Plan

TRONex has affiliate invest minimum 100 TRX into the company on a promise they can get up to a 200% return on investment.

There are no maximums limits.

Basic Interest Rate

You can earn 1% every 24 hours which is paid hourly (0.0416%).

Personal Hold Bonus

If you hold your funds into the company behind the minimum withdrawal date, you can earn an extra 0.1% for the first 24 hours and then 0.2% after 48 hours and 0.3% after 72 hours and so on.

They don’t have any information on what the limit here is…

Contract Total Amount Bonus

You can earn an extra 0.1% for every 1,000,000 TRX on the platform’s balance.

Referral Commissions

TRONex pays affiliates through a unilevel compensation plan as a percentage on your downlines invested funds.

 

TRONex caps their unilevel at three levels deep:

  • Level 1 – 5%
  • Level 2 – 2%
  • Level 3 – 0.5%

Commissions are paid in TRX as well.

Cost To Join TRONex

The affiliate membership is tied to a 100 TRX investment.

There is no maximum amount.

Summarily, Tronex.net is a scam, a disguised Ponzi scheme, it will definitely not end well. Stay away from it, let the smart contract balance not trick you. One fateful day, it will read zero.

 

 

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