Is InksNation Legit, Ponzi Scheme? or Scam


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InksNation is not legit although it claims to combine the use of Blockchain Technology, Artificial Intelligence, Extended Reality and Quantum Computing for Humanitarian Good towards building a better world where humans live like Kings and Queen in an autonomously driven ecosystem of abundance.

This may appear cool to Nigerians but its pure scam and you should be aware. SEC Nigeria Flagged InksNation Blockchain Projects as Illegal, Days after SiBAN Nigeria Calls the Project a Scam.

Look through the way InksNation operates below and you will find out it’s just a come back of popular mmm ponzi scheme which is not legit.

What are our findings about InksNation?

Apart from confirming that InksNation is not registered with SEC, we learned that SEC has declared the InksNation product ‘illegal.

How this InksNation operates that signals big scam.

InksNation pays older investors with newer investors’ funds without selling any product or service from which profit is redistributed, the InksNation’s scheme has an obvious Ponzi scheme feature.

Is InksNation Legal?

No. InksNation  is not legal and it operates like famous MMM which should be avoided totally.

It’s a scam.

Let’s see what they’re offering:

ALL BENEFITS ARE IN PinKoin
SIGNUP BONUS (IBGrant ₦5,580 worth of PinKoin)
Monthly IBSalary ₦120,000 worth of PinKoin
Usage of all funds in PinKoin will be active by August 12th, 2020
August 12th 2020 Benefits
X2 of Membership of ₦2,000.
₦4,000 Daily for life.
Right, so most of their payouts are in PinKoin – a cryptocurrency that pretty much nobody is talking about apart from a few vague mentions on Twitter and blogs. How can they say it’s going to be worth ₦120,000 when it seems to be pretty much impossible to trade PinKoin for anything else? Hmm.

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Alright, let’s assume that their numbers do stack up – let’s see how this works out.

In exchange for paying them ₦1,000, in my first month I’ll get back:

₦5,580 signup bonus, ₦120,000 monthly salary, ₦2,000 of my doubled membership fee back and assuming we’re in a 30 day month another ₦120,000 based on a daily payout.

That’s ₦247,580 based on an initial payment from me of only ₦1,000 – that’s nearly 250 times what I originally paid in.

Does that seem reasonable?

No, of course it doesn’t. If this worked, it would be probably the best investment available anywhere in the world.

This is a scam targeting people who see a big number and don’t pause to think about whether it’s remotely likely that they’ll ever achieve it.

What program is good for one to join and make money without loosing money?

Do you want to invest your time and money on an online business where there is no fear of loosing money? Read on as I introduce you to Longrich Business.

BENEFITS OF BEING A MEMBER OF LONGRICH

✨Maximum of 3 legs
✨No time frame (no pressure)
✨ No compulsory monthly purchases(target /authorship).
✨Weekly bonus payment {Friday}.
✨Grow at your own pace
✨Unlimited accumulation of bonus points.
✨ Leadership

✨TRAVELS: The company organizes minimum of three to four all expense paid international trips annually for deserving distributors/partners who met certain requirements. So far the company has organized trips to Malaysia, USA, Dubai, United Kingdom, South Africa, China etc

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✨CAR: The company runs a yearly Car promo. Longrich International has awarded over 600 brand new cars within 7years of her operation in Nigeria and 12 in Cameroon.

✨HOUSE: Over N200Million house fund is awarded to Star Directors yearly. This money is accrued from your house fund incentive points.

✨BONUSES:
1. Performance bonus: Your entry status as silver (8%), gold (10% ) or Platinum/VIP(12%) determines your earning power. Performance Bonus is paid weekly on all generations till infinity!

2. Development bonus: (10% flat) paid on 2 of the highest PV (purchase value)per level.

3. Leadership bonus : (10% – 45%) paid on sponsorship tree up to 12th generation according to your ranking.

4. Retail order bonus: (25%- 50%) paid on retail/repeat orders!

✨INCENTIVES:
Incentives are points that accumulate in your E-commerce wallet. These points are equivalent to cash and members can withdraw them anytime to meet their needs. It can either be used to buy land, house, car, trips etc

1. Platinum VIP incentive: (earn 1% of Longrich global sales profit every cycle, can be converted to travel/car/house. This is profit made in 188 countries where Longrich operate.

2. Worldwide incentive: (earned from Diamond 4 level and above) 2.5% of company global sales

3: Star Directors worldwide Incentive: (earn 1% of company’s global shares)

The earning potential in this business is huge, all that is required is DRIVE, PASSION, PERSISTENCE and ACTION.

The earning percentages
increases as you move up the marketing growth progression ladder unlike in other networks that it decreases!

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Your earnings increases and explodes as your team grows, that’s why it’s possible for a distributor who has only been in the business for only three months to earn 2m weekly. Qualify for international trips and cars….

Performance bonus are paid on all generations till infinity.

The compensation is superb and highly generous. It rewards hardworking distributors every step of the way thus propelling you to financial freedom.

This is the right time to join Longrich amazing opportunity with amazing compensation plan because if you wait for a perfect condition, you will never get started. the best time to start is NOW!

✨EXECUTIVE MBA (EMBA) PROGRAMME IN USA

Longrich Int’l sponsors Star Directors for a 4 year Executive MBA programme in Regis University in Denver, Colorado (USA)

✨FIRST DEGREE SCHOLARSHIP PROGRAMME IN SUZHOU CHINA

Longrich sponsors a 4 year degree program to study any course of your choice in the prestigious SOCHOOW UNIVERSITY in China. Directors are given slots to recommend any person of their choice.

Longrich believes in giving back to her partners to enhance personal development.

By partnering with this multinational Asian manufacturing company called Longrich, you are building capacity for your business empire that will announce your name to generations unborn!

NOW is the time to step up your game! Be part of us!

The benefits to this amazing business opportunity is endless…Be a partaker today!

Join our WhatsApp group for free coaching on Longrich business  

This Post was Last modified on 15/04/2021
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