Atronocom Review: MLM Scheme with Fancy Words

Atronocom has used fancy words to seem indifferent from the companies offering securities. However, it is nothing different from any of those companies that were only started to scam investors.
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Atronocom is another company operating in MLM niche. As per the company’s website, Atronocom’s CEO is Thomas Koller. However, we know nothing about this name outside Atronocom. In a press release, it was found Thomas referring himself as a trader. If this is the correct information, why there isn’t any digital footprint of this guy from the past.

On the website (www.atronocom.io), Dubai is listed as the company’s location. Even if we consider it true, no legitimate MLM company would operate from Dubai as the laws are highly strict against this niche of business. It is also very flimsy to consider Thomas background connected with Dubai as there is no proofs for the same.

Another important thing to note is that the website uses euro as the currency which signifies that the company is based out of Europe. Also, the twitter update confirms that the company’s incorporation is from Zug, Switzerland.

I was not able to find any product or services that can be retailed and the only way to be a part of this company is to join their affiliate program. While the membership is free, to enjoy the full participation, one must invest from 0.15 euros through to 65 euros.

All this information confirms that the data shared on their website are confusing and there is no reason to believe in anything that the company claims. Operating through shell companies in Dubai and providing so many reasons to not trust Thomas or whosoever the real person being the scene, it would be foolish to invest in the same.

Atronocom – The Compensation Plan

The company offers Atronocom coins which has no life outside the company’s ecosystem. These worthless coins are offered to the investors for luring them into investing in the company.

  • 0.15 Euros – Each coin from the first 25 million coins sold by Atronocom is charged for 0.15 EUR
  • 0.30 Euros – Each coin to the next 50 million coins sold by Atronocom is charged for 0.30 EUR
  • 0.40 Euros – Each coin to the next 50 million coins sold by Atronocom is charged for 0.40 EUR
  • 0.50 Euros – Each coin to the next 50 million coins sold by Atronocom is charged for 0.50 EUR
  • 0.65 Euros – Each coin to the next 50 million coins sold by Atronocom is charged for 0.65 EUR

Atronocom – The Referral Commission

The company uses unilevel compensation structure to pay referral commission to the affiliates. In a unilevel compensation structure, an affiliate is placed on the top and the ones recruited personally are placed right under the one who recruited them.

For example, the affiliates recruited by the top affiliate are placed on level 1. Those who are recruited by the level 1 affiliates are placed on level 2, and so on. The percentage of funds invested by the new affiliates are used to pay the existing ones as follow:

  • Level 1: 10%
  • Level 2: 3%
  • Level 3: 5%
  • Level 4: 2%
  • Level 5: 1%

Atronocom – Reviews

Mesha: If you are looking for a legitimate investment, never fall prey to this bogus program as I did. You will repent later. This program is old fashioned MLM plan which get worse as you delve into it deeper.

Donald T: Run away from Atronocom. Not the program you are looking for. Nothing to offer just plan Ponzi scheme.

The Conclusion from the above Reviews

The reviews very well define the kind of program this Atronocom is. This is a plain Ponzi scheme with not much difference. Once you are in, you would be pressurized to recruit other to earn your profit. Better think before you make any plans to join this company.

The Verdict

Although the company has used fancy words such as SAFT ‘Simple Agreement for Future Tokens’ to refer to the altcoin which has not yet been created to make them seem different from any other pre IPO, it still remains the same.

The company is solicitating investments in an altcoin and is pretty well offering securities. However, it has stated on its website that it won’t be issue or offer for sale any tokens or coins that may be classified as securities.

The truth is that the Atronocom coin does not exist and is only providing a way to the admins for the exit routes. In this kind of scam, the admins offer an internal exchange at first to provide returns and later, the coin is registered on any of the unregulated external exchange.

As per the whitepaper the company has published, Thomas and other admins will hold 15% of the Atronocom coins which makes up for 66 million coins. Isn’t that a pretty big number?

The admins will sell these coins at the right time to make the profit and will make excuses why the price dropped later or why they had to shut the company. Soon the price will drop to $0 and there would nothing be left for any investors to reap benefit from.

Hence, I would be suggesting not to get trapped for something that is not real and would only create problems for you. Atronocom is an MLM scheme and nothing more.

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