iThrive Network Review: Safe Crypto MLM Scheme as a iPro Network Remake?

iThrive Network is one of the few projects, on which there is hardly any information available. In fact, the official website itself barely has any information about the product that is being advertised.

Upon further examination, it was found that the iThrive Network is actually a reboot of the previously known iPro Network. In order to further understand how the iThrive network works, let us first learn more about the previous iPro Network.

The iPro Network was a cryptocurrency project that like many crypto projects used a pyramid scheme to generate income. In a pyramid scheme, a user gets paid whenever he brings in a new member on to the platform. When such a member pays to become a member himself, the person who brought in the new member gets paid a certain amount of money.

The iPro Network did not have any other products, and the pyramid scheme was the only way to bring in more money. As the hype around the network increased, more people started to join this platform. This increase in demand led to a rapid increase in the value of the cryptocurrency called PROC.

This went on to reach a maximum value of 35 cents until the scheme was finally exposed, and that led to the rapid decline in the price of PROC as well. It is currently trading at only 6 cents. Once the pyramid scheme was exposed, the entire iPro Network project was abandoned. Strangely, this was when the iThrive network was also announced.

IThrive Network – Following Ancestral Footsteps:

The same way in which the iPro Network had minimal information on its website, the iThrive network also has very little information on its website. Both iPro and iThrive Networks did not have any valid products that they could sell to their customers. However, the iThrive Network does offer a range of courses through its affiliate link.

The project was announced on the company's Vimeo channel by Daniel Pacheco who is identified as the president of the iThrive Network. However, Pacheco’s Facebook profile identifies him to be the president of the iPro Network. Thus, we can conclude that the iThrive project is just a reboot of the iPro Network.

The various courses included in the affiliate link are, the Facebook Mastery, Amazon Dropshipping, and cryptocurrency and e-commerce mastery. The iThrive network follows a pyramid model of business. The person who is positioned at the top makes the most money from the people who join after him.

Such pyramid schemes were very popular a couple of years ago. Some still manage to survive by attracting people by offering lucrative deals. However, never fall prey to such projects.

Conclusion:

A project that follows a pyramid business model usually attracts people by making false promises. These types of businesses are very popular in both the centralized, as well as, the decentralized crypto world.

However, it is much easier for the creators of such schemes to get away with all the money in the crypto world. So, when investing in any project, make sure that it does not follow a pyramid model.

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Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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