Such projects and plans are obvious scam that only greed and newbies that falls into these trips. Scam ponzi scam were so popular back in day when Bitcoin gained a good value. I remember the HYIP website that promise you to get paid after depositing a specific amount of monry then you win a percentage daily without doing absolutely nothing. The sad thing that we still see such scams running nowadays.
This App Token you shared is very obvious with poor quality even to convince some people.
Yes, you are right; this is also a kind of pyramid scheme that plays on the temptation of greedy people to deceive them of obtaining good sums of money after they make a deposit and after they make a certain number of referrals from the Invitation Program and after they made fake trades there and achieved large sums of crypto, The scammers' admins of the Toark platform manipulate the system to make many customers lose all their funds, or freeze their accounts for unknown and mentioned reasons, and stop the withdrawal. The winning people are chosen unfairly (they could be from the platform team) They help their pyramid and Ponzi scheme to grow. Unfortunately, many of the people who lose their money in these obvious schemes are beginners who have no previous experience and knowledge of this most common thing. This App Token you shared is very obvious with poor quality even to convince some people.
