A New Crypto Proposed by 🦋

Crypto Banter

peterbllee

Jun 8, 2022

1 ) Introduction:

So far the cryptos in existence do not make use of the concepts of Multi Level Marketing (MLM)

MLM success stories include Amway, Tupperware and Avon. The MLM concept has allowed the 3 companies named to grow huge.

None of the marketing plans of the 3 MLM companies had the 4WD concept that 🦋 is proposing.

2 ) 4WD Concept

4WD vehicles are stable and can handle slippery or steep inclines because power is distributed to all 4 wheels of the vehicle.

So by marrying the concepts of MLM and 4WD into a Crypto, we can get a very successful crypto that is tough and keeps going because strong members will share their power with weak members.

3 ) Proposed Names for Crypto:

"4WD Scam"

Or "Early Bird" (to take advantage of the fame of Angry Bird)

4 ) MLM Concept

4.1 ) The personal sales we make is limited to our circle of friends or relatives.

If we make the effort to sell to people we do not know we can increase our personal sales.

4.2 ) Viral or Pyramid Effect

Instead of struggling to make personal sales we can make use of the Viral or Pyramid Effect to greatly increase our reach or market.

By recruiting a network of people to sell, our market grows to include the friends and relatives of all the people who are recruited by us.

The bigger our network of of distributors,the greater will be the size of our market.

This is why all successful MLM companies emphasize recruitment rather than personal sales

5 ) Application of 4WD concept to 4WD Scam

5.1 ) The people 🗻 who are very successful in BBS are those who engage with others and help others to succeed. The people they engage with and help will support the 🗻. Examples of 🗻 are TheNewLegend and LGuigs.

5.2 ) Vehicles with 4 wheels are more stable than those with 3 wheels or 2 wheels.

Each distributor of 4WD Scam can have a maximum of 4 Level 1 recruits.

If he gets anyone to join as a distributor, that new recruit is part of his downline but will not be considered as his Level 1 recruit.It will be considered as a Level 1 recruit of one of his Level 1 recruits ( a Level 2 recruit of the primary distributor).

Once all 4 of his Level 1 recruits have 4 wheels (4 Level 1 recruits) new recruits will be allocated to help his Level 2 downline and be the Level 3 of the primary distributor.

5.3 ) Because of the above, everyone grows in a pyramid fashion

4 Level 1, 16 Level 2, 64 Level , 256 Level 4 and so on.

6 ) Requirement to join as a distributor of the proposed crypto.Buy 10,000 units of the crypto at the price of $0.005 each or $50 in total.The price is set low so that it is affordable for the masses and easy to join.

6.1 ) 90% of the sales proceeds will be distributed to the upline while 10% will be paid to 🦋

7 ) a new social media platform by copying the model of BBS

Instead of using a BBS token the new social media platform will use the token that is called 4WD Scam or Early Bird🦋
"4WD Scam" is a suitable name for the crypto because it describes the mechanics of the SCAM.🦋

"Early Bird' is also a suitable name because the Early 🐥 will catch the 🐛🦋

Those join early are Early 🐥 who will make 💵

Those who join near the base of the pyramid are not 🐥 but are 🐛🐛🐛

IMPORTANT NOTE:

The above proposal for a SCAM crypto is made for fun🤡

The proposal for a legitimate crypto is in

There is a fine line between legitimate MLM business and Ponzi schemeI thank everyone who has taken the trouble to read and understand my proposal for a new crypto inA common comment to the above post is that it has to be read several times to be understood.There is 1 aspect in the above proposal that makes it into an illegal Ponzi Scheme or Get Rich Quick scheme : what is done with the $50 paid to buy the cryptoYou may be surprised but what is wrong is not the 10% to be paid to 🦋 but is the 90% to be paid to upline.Even increasing the 10% to 15% is not wrong because it is to cover cost of operating the scheme such as office rental, staff cost, computer system etcThe fine line between a legitimate MLM and a Ponzi scheme is how members/distributors get their income.If they earn from selling or regularly consuming products like in Amway, Tupperware and Avon, it is legitimate. If the members/distributors earn not from the sale or consumption of products but from taking what is paid by new recruits it is a Ponzi scheme.So if what was proposed by 🦋 is ammended so that the 90% of what is paid is used to develop and operate real use of the crypto say to buy and sell products or for peer to peer lending (ie. the crypto is for Defi) the scheme may very well be a valid proposal.🦋🦋🦋🦋🦋What was proposed in the above mentioned post was that the 90% be distributed to uplines.What will happen when the pyramid have grown so huge that there is no more members to be recruited?The income stream will stopThe number of members grow exponentially with each extra level1 to 4 to 16 to 64 to 256 to 1024 to 4096 and so on Say the scheme stop being able to recruit members when the bottom level of the pyramid has more than a million members.The Early 🐥🐥 high up on the pyramid make money while those at the last few levels are not able to recoup the $50 they paid. Those at the very last level of the pyramid receive nothing and so loses the whole of their $50Because the pyramid grows exponentially, a lot of 👫👬👫👬👬👬👬👫 at the lower levels will lose 💵 while a small number of Early🐥🐥 make 💵CONCLUSION 🦋 Propose to ammend what was proposed in To the following :1 ) The 10% to be paid to 🦋 in the original proposal be increased to 15% to cover the costs of operating the scheme2 ) The remaining 85 be used to lend to members who want to borrow.Borrowers have to use their crypto as collateral for loans.Interest on loans will be distributed to all holders of the cryptoThus there is a sustainable income stream instead of depending on new recruitment.3 ) Develop a Peer to Peer lending platform than members can do P2P loans using certain cryptocurrencies as collateralSince this revised proposal is for a legitimate crypto the name

bbs.market🦋 Actual Proposal For A Defi CryptoThere is a fine line between legitimate MLM business and Ponzi schemeI thank everyone who has taken the trouble to read and understand my proposal for a new crypto inA common comment to the above post is that it has to be read several times to be understood.There is 1 aspect in the above proposal that makes it into an illegal Ponzi Scheme or Get Rich Quick scheme : what is done with the $50 paid to buy the cryptoYou may be surprised but what is wrong is not the 10% to be paid to 🦋 but is the 90% to be paid to upline.Even increasing the 10% to 15% is not wrong because it is to cover cost of operating the scheme such as office rental, staff cost, computer system etcThe fine line between a legitimate MLM and a Ponzi scheme is how members/distributors get their income.If they earn from selling or regularly consuming products like in Amway, Tupperware and Avon, it is legitimate. If the members/distributors earn not from the sale or consumption of products but from taking what is paid by new recruits it is a Ponzi scheme.So if what was proposed by 🦋 is ammended so that the 90% of what is paid is used to develop and operate real use of the crypto say to buy and sell products or for peer to peer lending (ie. the crypto is for Defi) the scheme may very well be a valid proposal.🦋🦋🦋🦋🦋What was proposed in the above mentioned post was that the 90% be distributed to uplines.What will happen when the pyramid have grown so huge that there is no more members to be recruited?The income stream will stopThe number of members grow exponentially with each extra level1 to 4 to 16 to 64 to 256 to 1024 to 4096 and so on Say the scheme stop being able to recruit members when the bottom level of the pyramid has more than a million members.The Early 🐥🐥 high up on the pyramid make money while those at the last few levels are not able to recoup the $50 they paid. Those at the very last level of the pyramid receive nothing and so loses the whole of their $50Because the pyramid grows exponentially, a lot of 👫👬👫👬👬👬👬👫 at the lower levels will lose 💵 while a small number of Early🐥🐥 make 💵CONCLUSION 🦋 Propose to ammend what was proposed in To the following :1 ) The 10% to be paid to 🦋 in the original proposal be increased to 15% to cover the costs of operating the scheme2 ) The remaining 85 be used to lend to members who want to borrow.Borrowers have to use their crypto as collateral for loans.Interest on loans will be distributed to all holders of the cryptoThus there is a sustainable income stream instead of depending on new recruitment.3 ) Develop a Peer to Peer lending platform than members can do P2P loans using certain cryptocurrencies as collateralSince this revised proposal is for a legitimate crypto the name