A few years back, someone on this Discord server was trying to convince others to get into a specific crypto which was basically a pyramid scheme. This is how I roughly remember it:
- you earned mainly by recruiting others (I think you got a percentage of their earnings)
- you were “mining” by watching ads daily in the app (everything was actually pre-mined)
- you were not able to convert coins into money, except for a handful of influencers. this drove up the price due to near-zero offering and great demand, and this is the “value” the company advertised with
.. I think the branding was yellow? Unsure ..
So what was the name of that scam again? I tried half a dozen queries on Google and DDG, but couldn’t find it.
Also please avoid mentioning the user who was trying to peddle it. This is not a user naming and shaming topic.
