Re: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation
what are u questions u can ask me now 
if u don't know how a matrix plan works , everything we answer u look it like scam only
if u don't know how a matrix plan works , everything we answer u look it like scam only
The issue is that to most educated people MLM plans / Pyramid schemes are effectively a scam. Even the Reserve Bank of India has warnings about them.
Quote
The Reserve Bank has advised that members of public should not to be tempted by promises of high returns offered by entities running Multi-level Marketing/Chain Marketing/Pyramid Structure Schemes. The Reserve Bank has reiterated that falling prey to such offers can result in direct financial losses and they, in their own interest, should refrain from responding to such offers in any manner.
(https://rbi.org.in/SCRIPTs/BS_PressReleaseDisplay.aspx?prid=32908) and also written up in the Times of India (http://timesofindia.indiatimes.com/business/india-business/RBI-warns-against-pyramid-schemes/articleshow/45724589.cms)If you look at how MLM plans / Pyramid schemes work they generally provide two benefits to the "investor" a small token (in this case some EGC worth 1/3 of the total investment) and the referral fee from those below you. Usually the referral fee is where most of your returns come from.
Doing some maths for the numbers of people that need to be involved using the setup from this scheme.
At the top you have a single person
In the layer below there are 3 people (total of 4 in the scheme)
In the layer below there are 9 people (total of 13 in the scheme)
In the layer below there are 27 people (total of 40 in the scheme)
In the layer below there are 81 people (total of 121 in the scheme)
In the layer below there are 243 people (total of 364 in the scheme)
For people in each layer to get their referral income they need people to join the layer below. This quickly becomes unsustainable (at around 20 layers we'll need space travel to find new worlds to sell the plan to). This sustainability is what generally makes these schemes a scam, the person at the top gets rich quickly, the people at the bottom effectively lose out.