A website at PM7.com has launched an ICO for its Token sales. We will examine what the tokens and program of this site will be, but what caused the site to come across is its marketing plan.
In this plan, the site claims that when someone signs up with your marketing link on the site or installs the site software, you and your friend will be rewarded with each one for $ 20, and then in a network or pyramid to 7 levels after you earn a percentage of your friends' registration.
I had to register on the site to investigate this obvious scam. $ 20 in my account for registration, but only a fraction of $ 20, not real money.
As you can see in the picture above, the amounts collected are only numerically recorded. The site publicly says to encourage friends to buy tokens to get collected funds.
With reviews, the minimum purchase price of these tokens is worth less than 400 units, which is sold at the current price of about 400 units of about 0.02 Ethereum.
Pay attention well. 400 Unnecessary Tokens that do not work at 0.02 Etrum (about $ 20). Your subscription must pay $ 20 for worthless tokens to get around $ 5 worth of redeemable tokens, which is not a proof of receipt.
The PM7 site is an ultra-advanced ponzi. Seeing these sites really makes sense for setting up rules for ICOs.