This clown team are now using blockchain as new environment for there MLM scam businesse. The CEO is looks familiar to me, I have previous experience on joining MLM before using PayPal and I believe I saw him already.
They do like to use blockchain mainly because of two things; first they think that by including blockchain and tokens that will serve as some kind of proof that they are legit and not a scam, I often heard that being used an argument, stuff like "we are on Ethereum blockchain therefore we can't be ponzi". 2nd reason is to use the hype surrounding everything that has to do with crypto. About possibility that CEO was part of some other scam, I wouldn't be surprised considering the stuff he supported in the past.
It is interesting to see that their official telegram group @evbylim_com have some plans with Bitcointalk forum and referral links.
Good find. Since that announcement was from November 18th and ANN has been made today, I guess that @coinstatic is the person they found for that task. I don't see referral links though. At least not yet.
I don't know what makes ex martial artist and planet saver to venture into creating something like this, but I doubt he will create ultimate financial freedom he seeks like this.
That is a good question. Things that worry me here is his inclination to scams. Beside Crowd1 in which he was very active, he was part of few other scams like Cloud Token, which he heavily promoted on his FB page.
I've finish reading whitepaper and they are not really hiding that this is MLM. I have to confess that I don't understand half things they wrote there, but, paying subscription to watch videos/whatever while everyone can find any kind of educational video on internet for free, and they have 18 affiliate levels for that? Right... It certainly looks like pyramid crap to me.
Their whitepaper is bloated indeed, 48 pages of bs. That's the thing with these schemes, they like to complicate it as much as possible so as a member you are not really sure what's going on. All you know is that you have to bring as many people as possible and build your network of affiliates that will make money for you.
Regarding these educational videos, their inspiration is Crowd1 scam, in which they have extensive experience. Crowd1 has educuational packages which you buy and then try to sell to others. EVBLYM just added self-help bs in order to make it more attractive to people.
When I see this kind of stuff from their "Chief Executive Officer" I don't see how can EVBLYM end in any other way other than people getting sucked into this loosing the money, as it happened with Crowd1.