Can investing in virtual currency recruit 30 players to earn 24 million yuan per year?sports betting victory and The most fun game

　　’One year in the cryptocurrency circle is equal to one hundred years in the traditional industry.’ In an unassuming office in Chaoyang District, Beijing, Chen Hong made ‘golden sentences’ frequently, constantly stimulating the nerves of several listeners below.

　　In Chen Hong’s words, this investment is backed by blockchain and mobile games, and is a wealth banquet of tens of millions of scale, and also a rare project that can increase investment value by thousands of times. ‘Invest 66,000 yuan per year to earn 100,000 yuan’, ‘recruit 30 players to earn 24 million yuan per year’, Chen Hong told every bit of profit to the decimal point to the audience below, thus building a wealth future worth investing in.

　　Investigations by The Beijing News found that this project named ‘Shengshi Dynasty’ is specifically targeted at the elderly, and internal documents even explicitly state ‘the target group is elderly who do not play games, and the model emphasizes the pyramid scheme characteristics.’ These ‘participants’ are often mainly from the elderly group, and they even cannot explain what blockchain islottery plan and Latest. After the class, they took out their wallets. Anti-pyramid scheme expert Yi Tie analyzed that this is a typical virtual currency plus pyramid scheme model, using the name of blockchain to apply virtual currency fraud, which is actually fake virtual currency and fake ICO, and the essence is still pyramid scheme fraud.

　　On November 30th, in an office in Chaoyang District, ‘lecturer’ Chen Hong (pseudonym) was delivering a speech to the investors below about ‘how to earn 24 million yuan in one year’. The project mainly targets the elderly and involves a pyramid scheme. Photo by Wang Feixiang, reporter of The Beijing News.

　　Daily profit return:

　　Invest 66,000 yuan per year to earn 100,000 yuan

　　On November 30th, in an office on the 19th floor of the SOHO Modern City in Chaoyang District, Beijing, Chen Hong was explaining to the audience below how to earn 24 million yuan within a year.

　　Chen Hong said, ‘Only by getting on this blockchain express train is it possible.’ The five most promising fields in the 21st century are artificial intelligence, blockchain, cloud computing, new energy, and big health, but only blockchain is a project with low threshold and high return that ‘everyone can participate in.’ ‘Trends do not wait for people, the project we are doing now is Shengshi Wangchao game platform, which is a new product that combines blockchain technology with mobile games simultaneously.’

　　According to Chen Hong’s introduction, this project, which boasts having both ‘blockchain’ and ‘Internet mobile game’ dual genes, only needs to invest 660 yuan to recharge gold coins, and the platform will return profits to the account every day according to the total number of gold coins in the account.

　　He pointed to some advertisements for mobile games displayed next to him and told the journalist that these games were developed by the top-tier ‘FD Game Studio’ team in the industry. The journalist found that FD is just the English abbreviation of Fan Disk, a single-player game, and there is no such organization as ‘FD Game Studio’ in either China or abroad.

　　Our game platform integrates the technical features of blockchain such as point-to-point trading, decentralization, immutability, and complete anonymity. The company is based in Singapore, and currently only the domestic market is open, so it is a rare investment bonus period now. Although Chen Hong has always introduced the background of the ‘company’, he has never revealed the specific name of the company.

　　According to Chen Hong, this fast track to wealth is that consumers need to invest 660 yuan to purchase 600 gold coins on the platform, used to build a house in the platform’s game mall. After that, the platform will return to the investor a principal interest of 1% to 3% per day, ‘This is returned by compound interest, as long as you do not withdraw it, your gold coins will increase and the compound interest will become higher.’

　　He took out a marker to calculate the account on the spot, starting from a principal of 660 yuan, after half a year, investors will earn about 8000 yuan in profit, and after one year, they will earn 100,000 yuan in return.

　　And investors do not need to really play the games on the platform, ‘As long as you open the platform interface every day, click once, and maintain your activity level.’

　　Chen Hong (pseudonym) demonstrated the game gold coin trading interface to the journalist at the teaching session. Photo by Wang Feixiang, reporter of the Beijing News.

　　Develop subordinates:

　　Recruit 30 players to get 24 million

　　The platform’s gold coins cannot be withdrawn directly, and need to be traded point-to-point with other players within the ‘Shengshi Wangchao’ platform, with the transaction price of one gold coin being one yuan. It seems that the other ‘lecturers’ in the office have noticed the investors’ concerns about not being able to monetize, and said, ‘The gold coins can be sold to us, we buy as many as we get, but basically no one sells gold coins now, because the price of gold coins will rise in the future.’

　　What if you are in a hurry to withdraw? Chen Hong provided another path for monetization – direct recommendation, ‘If you develop 5 players (investors), you can get 50 USDT as the platform reward; if you develop to 10 players, and among them three each develop 3 players, you can get 100 USDT.’

　　USDT, also known as Tether, is issued by an overseas cryptocurrency company, Tether, and claims to be 1:1 anchored to the US dollar, with the price of 1 USDT always maintained around 1 US dollar. However, this cryptocurrency has not been recognized by financial regulatory departments in China, the United States, and other countries.online casino tutorial and The latest plan

　　In the mouths of the ‘lecturers’, for every player developed, the platform will receive 10% of the player’s total earnings. By analogy, if 30 players are developed, and each player has 10,000 users in the system, the platform will reward 2,000,000 USDT. Adding the 10% earnings of each downstream player, the user can receive 24 million yuan in one go, becoming a genuine million富翁. In a few months, the platform will issue a special FDG Online casino and How to find it, and players within the platform will have the priority to subscribe, creating the world’s first blockchain game asset exchange.

　　A ‘FDG White Paper’ for internal exchange obtained by the reporter shows that the platform will issue 210 million FDG, of which 30% is used for market promotion, technical team, and ecosystem construction, and the remaining 70% is allocated to miners for mining.

　　Where does the profit come from for such small investment, high return projects? Chen Hong said that the platform earns money from game companies and the入驻 mall within the platform, so every promoted investor is equivalent to adding one more player to the platform’s ‘large database’. The game companies and the mall will give the platform a return.

　　This statement has not been recognized by some game companies. After investigation, a game named ‘Xiao Xiao Warrior’ within the platform is operated by Guangdong Xinghui Tian tuo Interactive Entertainment Co., Ltd. The reporter called the company and found that they had never collaborated with any blockchain project and had never heard of the ‘Shengshi Dynasty’ platform.

　　Target audience:

　　Targeting elderly people who do not play games

　　Chen Hong was previously a real estate broker. After being introduced by a friend, he learned about the ‘Shengshi Dynasty’ project. A month ago, he resigned from his company and started to operate his own ‘Wealth Team’ full-time.entrance lottery entrance and The latest method

　　”I have shared 5 players in half a month and have already earned 50 USDT.” This point was emphasized at least three times during the lecture, trying to convince the audience that the platform would not treat any hardworking investor unfairly.

　　On November 30th, Li Aiping, with her hair turning white, listened to Teacher Chen Hong’s class again and was still confused. Although she had heard the same content several times, she still did not understand blockchain and mobile gaming platforms, ‘But I know this is very profitable.’

　　In another room, a players’ exchange meeting was also bustling with activity, most of them were elderly. ‘We old folks are all promoting the team, and you young people should join earlier to make more money than us.’ said Tian Yulan, a player. Another investor told the reporter, ‘Tian Yulan already has more than 200 players, and she is the best in our team.’

　　记者添加田玉兰的微信后发现，她的朋友圈几乎全部是跟“盛世王朝”相关的内容。“亲戚是最好发展的，其次就是同事，还有同事的朋友。”田玉兰透露了自己的经营秘诀。

　　After the reporter added Tian Yulan’s WeChat, she found that her朋友圈 was almost all related to ‘Great Dynasty’. ‘Relatives are the best to develop, followed by colleagues, and then colleagues’ friends.’ Tian Yulan revealed her business secrets.

　　When the reporter asked about what decentralization is, Tian Yulan changed her expression, ‘Why do you need to understand that? Just make money is fine.’

　　In a confidential ‘Great Dynasty’ ‘Game Project’ document obtained by the reporter, a line of unobtrusive small print reads ‘Main promotion target: elderly people who do not play games, the model highlights the pyramid scheme characteristics’.

　　According to Chen Hong, the platform has just been online for three months and already has more than 10,000 users. Just the registration fee, the platform has netted over 6.6 million yuan. ‘This is just the marketing department in Beijing. There are many marketing departments across the country, including Shanghai, Shenzhen, Xi’an, Chengdu, and more than a dozen provincial capitals.’

　　Expert analysis:

　　Typical pyramid scheme currency model

　　As early as September 4, 2017, the People’s Bank of China and seven other ministries jointly issued the ‘Notice on Preventing Risks of Token Issuance and Financing Activities’, prohibiting various types of token issuance (ICO) financing activities.

　　”This means that any kind of game currency, if issued and traded domestically, is illegal,” said Liu Quan, director of the SCDI Blockchain Research Institute. According to him, the only legally issued lottery and How to find it in our country is the DCEP currency issued by the People’s Bank of China.

　　Zhao Yongxin, professor at Hebei Financial College, said that blockchain does not equal Online casino and How to find it. As a new generation of Internet technology, blockchain can have many application scenarios, and Online casino and How to find it is just one of them. However, because blockchain is a very complex new technology, ordinary people are confused and tend to confuse blockchain with Online casino and How to find it, so dishonest elements take advantage of this psychological factor to deceive the public.

　　Anti-pyramid scheme activist Yi Tie analyzed that this is a typical virtual currency plus pyramid scheme model, using the name of blockchain to defraud with virtual currency, which is actually fake virtual currency, fake ICO, and the essence is still fraud. ‘The bubble of lottery and How to find it is already very large, and with the addition of pyramid scheme currency, the bubble will be even larger. This kind of project is almost inevitable, just a matter of time.’

　　(In the article, Chen Hong, Li Aiping, Tian Yulan are pseudonyms)

　　Beijing News Reporter: Wang Feixiang