SaleChain is a new platform in the crypto industry that promises massive profits to the users in exchange for their investment. The website of this company, SaleChain.io, claims that the users can achieve complete financial freedom by participating in this platform.
However, there are many aspects of SaleChain that must be analyzed in detail before making any final investment decision. Keep reading this article to determine whether you can trust this company or not.
SaleChain is presenting itself as a well-established platform that can provide a significant amount of profits. SaleChain.io claims that the company is using the Tron blockchain network to sell a variety of blockchain products and services. However, if you look at the company closely, you will see that there are no such products or services.
The company has ten main levels in its compensation structure to provide profits to the affiliate members. Moreover, the company is claiming to use its own currency – SCH tokens – to carry out the transactions. These tokens do not have any actual value in the crypto market.
The analysis of SaleChain.io by Alexa shows that Bahrain (35%) and Iran (16%) are contributing the highest amount of traffic to the website. These statistics are quite surprising because there is no indication by the company about its origin country.
It is highly possible that SaleChain is established somewhere in the Middle East. However, the website itself does not disclose any information about its owner or location. It shows that SaleChain is a highly suspicious platform that is not providing important information about itself.
SaleChain makes it clear that the members who pay a minimum amount of 500 TRX can participate in the income structure of the company. This amount of 500 TRX is equal to about $24. Moreover, the company also states that SCH tokens will be used to do transactions.
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However, once you buy these tokens, you cannot cash them out because SCH tokens do not possess any real value in the crypto market. SaleChain.io states that these tokens will be parked with the company, and you will be getting a certain amount of returns.
The entire income structure of SaleChain revolves around the referral commissions. There is nothing new in this type of business model. The website is encouraging users to recruit as many people as they can to earn more profits.
Yet, there is no proof of the fact that SaleChain.io is actually capable of fulfilling its promise and providing any significant profits to the affiliate members. The website provides the following breakdown of the distribution of the referral commissions:
However, SaleChain.io does not make it clear that whether the profits are distributed in TRX or the company’s own SCH tokens.
This kind of business model is not sustainable because it completely relies on recruiting more people and getting their affiliate membership fee to survive. Hence, you should not invest in SaleChain because it can collapse at any time. A reliable alternative to such crypto Ponzi schemes are the crypto mining companies that provide a variety of mining options to help you in generating profits.
If you are still confused about whether you should invest in SaleChain, you should keep reading this extensive review about the various features of SaleChain.io. It is important to discuss these features because the company is making several false claims to the users.
Following are some of the features and promises that SaleChain.io makes to attract more users and investment:
The company is claiming that it has mined a massive amount of SCH tokens to accommodate the requirements of a large number of people. The website states that you can get access to more than 950 million SCH tokens by buying at least 50 SCH tokens.
SaleChain states that it is working on a large TRX network and can help you in a variety of crypto processes to generate a great number of profits. The website also encourages users to make their friends and family join the platform and enjoy the benefits of this massive network. However, there is evidence of the fact that the company actually has a large customer base.
In fact, SaleChain.io was only registered in May 2020. It means that the company is not even one year old yet. Hence, it would not be wrong to assume that SaleChain is lying about having a large number of affiliate members.
As discussed in the previous section, the company is promising massive profits to the users on the basis of the referral commissions. The website states that the users can get 22% of the profits by inviting their friends and family to join the platform and invest in it.
However, it is highly possible that the company is only using such tactics to attract more users and make them invest in the company. You should trust these claims.
SaleChain.io keeps mentioning using state-of-the-art technology to provide a variety of crypto trading and mining services. The company claims that 20% of the total sales of tokens are stored in a separate account to divide them among the affiliates at the end of the day.
However, even if you get these SCH tokens, you will have no benefit as you cannot use these tokens on any other platform. The only choice you will have is to reinvest the tokens back into the company. Hence, you won’t be getting any advantage over the long period as well.
The above discussion points to the fact that there is no innovation in SaleChain. It is similar to any other crypto Ponzi scheme that aims to get as much investment as possible before its imminent collapse.
The company is trying to make people register on the platform by promising them a significant amount of profits in the form of SCH tokens. However, even if you research these tokens, you will see that they do not have any value in the crypto industry.
You will be getting compensation in SCH tokens, which means they will be of no use to you. Furthermore, SaleChain.io is claiming to have about 950 million SCH tokens. There is no proof that the company is mining more tokens, so it is highly possible that the company will collapse soon.
SaleChain does not have any other source of income. It is completely relying on the affiliates to invest their money and invite others to the platform. Ultimately, you will see a sudden collapse of SaleChain.io within a few months.
There is no point in investing your money in SaleChain because you cannot make any profits. Instead, you should be smart about your investment and invest in the crypto mining companies that allow you to earn a significant amount of money through legal, reliable, and quick crypto mining.
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