🦋 Actual Proposal For A Defi Crypto

There is a fine line between legitimate MLM business and Ponzi scheme

I thank everyone who has taken the trouble to read and understand my proposal for a new crypto in

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 Concept4WD 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:

bbs.marketA New Crypto Proposed by 🦋 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 Concept4WD 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:

A 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 crypto

You 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 etc

The 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 stop

The number of members grow exponentially with each extra level

1 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 fully recoup the $50 they paid. Those at the very last level of the pyramid receive nothing and so loses the whole of their $50

Because 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

bbs.marketA New Crypto Proposed by 🦋 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 Concept4WD 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:

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 scheme
2 ) 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 crypto

Thus there is a sustainable income stream instead of depending on new recruitment.

3 ) Develop a Peer to Peer lending platform so that members can do P2P loans using certain cryptocurrencies as collateral🦋🦋🦋
Since this revised proposal is for a legitimate crypto the name "4WD Scam" is not appropriate.

🦋 propose that the name of the crypto be "4 Wheel Def"