Is UMC mining machine MLM
GEC mining machine is a pyramid scheme. The new trading mode of "GEC environmental protection coin" has been widely spread. The mode takes "ecological environment protection", "zero investment", "zero risk" and "high income" as labels, and draws the development capital chain down the line by pulling people into the partnership. Environmental protection coins can basically be classified as disks and circles. The appearance of disk circle is virtual currency, and the core is capital disk. The former's income comes from the later's capital. This model is not only suspected of ICO in disguise, but also suspected of MLM
there is also a way of "cloud computing power" in the trading mode of "GEC environmental protection coin"“ The "cloud computing power" has been running for 1440 hours with an expected annual rate of return of 200%, 2160 hours with an expected annual rate of return of 250%, 4320 hours with an expected annual rate of return of 300%, 8640 hours with an expected annual rate of return of 350%
but "cloud computing power" means that investors spend money to buy the lease right of mining machinery for a certain period of time, and the professional mining machinery management platform provides the lease service, which is a bit similar to the concept of crowdfunding. If the price of virtual currency continues to fall, mining will not make money
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extended information:
Article 7 of the regulations on the prohibition of pyramid selling
the following behaviors belong to pyramid selling behaviors:
(1) the organizer or operator, through the development personnel, requires the development personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests (3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal interests Article 8 the administrative department for Instry and Commerce shall, in accordance with the provisions of these regulations, be responsible for investigating and dealing with the pyramid selling activities specified in Article 7 of these regulationsMLM refers to the behavior of organizers or operators who seek illegal benefits, disrupt economic order and affect social stability by calculating and paying remuneration to the developed personnel based on their number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification to join in on the condition of paying certain fees
MLM can be simply summarized as follows:
1
2. Need to constantly find partners, and set up a team under the guise of doubling income to ince others
3. Decide how much you will get in return according to the number of people below and their business performance
4. In fact, to put it bluntly, it is to make the offline pay 1 yuan to the online, and the online said to teach the offline how to earn 50 yuan. As a result, when the offline gave the online 1 yuan, the online told the offline to find the same 10 idiots to do offline< According to Article 7 of the regulations of the State Council on the prohibition of pyramid selling, the following acts belong to pyramid selling:
(1) organizers or business operators, through development personnel, require other personnel developed by the developed personnel to join, and calculate and pay remuneration (including material rewards and other economic benefits) to the developed personnel based on the number of personnel developed directly or indirectly, (the same below) seeking illegal interests
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests.
Article 2, MLM refers to the organizers or operators, To seek illegal interests, disrupt economic order and affect social stability by calculating and paying remuneration to the developed personnel based on the number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification to join in on the condition of paying certain fees< Article 7 the following acts belong to pyramid selling:
(1) organizers or business operators, through development personnel, require other personnel developed by the developed personnel to join, and calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developed personnel based on the number of personnel developed directly or indirectly, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join, and seek illegal interests.
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