EtherChain Review

Unsurprisingly, EtherChain tries its best to full cover up the name of its founder. Many such Ponzi schemes try this to stop legal issues. However, I consequently learned that Andreas Kartrud is running EtherChain.io from Skane, Sweden. The organization outrightly lies about its origin as a well-established crypto trading and mining company.

In reality, EtherChain.io was recently created on 1st June 2020. With regards to the interface and structure of the internet site itself, it's very poorly designed, to state the least. At ab muscles start, the business describes itself whilst the world's first decentralized support fund, without giving any proof. Moreover, it's a normal page of Top 4 Sponsors, but as soon as you enter it, it generally does not provide further details. The organization starts raising red flags from ab muscles start of its inspection. Keep looking over this review to find whether EtherChain is legit or even a scam.

What is EtherChain?

EtherChain is surely an Ethereum-based crypto company. It claims to function as planet number 1 decentralized Ethereum network. Furthermore, EtherChain.io states that it has Ethereum smart contracts in the network marketing area. The organization states a good a great many other features as well, like a tamper-proof and non-corruptible network.

EtherChain.io promises an everyday 1% ROI of the investment for 310 days. It just ensures that the business promises a whole ROI of 310%. Moreover, it says that you will have a way to track an array of transactions through the Etherscan feature of the company.

EtherChain's Products

EtherChain does not have any retailable products or services, with affiliates only able to market EtherChain affiliate membership itself.

EtherChain's Compensation Plan

Since the name suggests, EtherChain claims to be an Ethereum-based crypto trading platform. It asks the users to invest Ethereum in the business and get around 310% ROI. Consistent with the ROI plan of the business, the members are can get 1% daily for 310 days. Even as we know that the master behind this business is a serial scammer, so there's no guarantee that the business will probably pay even an individual penny to the members. Moreover, it's highly unlikely that the business will survive for a lengthy timeframe, therefore the users won't manage to recuperate their investments.

Joining EtherChain

EtherChain affiliate membership is free.

To take part in the attached income opportunity minimum 0.1 ETH investment is required.

Conclusion

Like many serial scammers before him, Andreas Kartrud has seen that running scams is more profitable than promoting them – whilst a top promoter.

And so we've EtherChain , a barebones Ponzi scheme running on the ethereum blockchain.

That Kartrud is running his scam on “the blockchain” is neither here nor there. EtherChain is a Ponzi scheme and illegal the planet over.

Exactly like all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.

This might starve EtherChain of ROI revenue, eventually prompting a collapse Learn More.

The math behind Ponzi schemes guarantees that after they collapse, many participants lose money.