Metronic MRC ICO: Metro Train Crypto Exchange & Wallet?
Metronic MRC, found online at Metronic.org, is a digital currency for bullet train projects. Seriously. Find out how it works today in our review.
What is Metronic MRC?
Metronic MRC aims to be the preferred digital currency for metro and bullet train projects. The coin aims to provide a trusted and secure transaction mechanism for commuters. Commuters can use the coin to purchase tickets, for example.
Right away, Metronic Coin has many red flags telling us it’s a scam. The whitepaper and website are poorly designed and feature no information about the business model, for example. The website is dedicated to trying to convince you that the token sale is a great investment opportunity. The company has also created a pyramid scheme-style commission structure, where users receive multiple levels of commissions for referring people to the ICO.
The Metronic team section has also been stolen from legitimate businesses online: you can find listed team members under different names across the internet. The photos have been stolen.
Let’s take a closer look at how Metronic Coin works to explain why it’s a scam.
How Does Metronic Coin Work?
Up above, we mentioned that Metronic Coin aims to be the preferred digital currency for metro and bullet train projects.
However, it’s difficult to find any information about this aspect of the business.
Instead, the Metronic Coin website is focused with explaining how they have some mysterious “trading bot” that makes profitable trades consistently. As an investor in the ICO, you can earn a cut of the profits generated by this magical trading bot. The trading bot never generates a loss, and investors can expect consistently high returns over time.
The only other major product offered by Metronic Coin is the affiliate program: the company has an MLM-style referral system that pays 8% on level 1, 5% on level 2, and 2% on level 3.
Reputable companies rarely implement multi-level commission structures. Reputable companies also don’t advertise investments that guarantee fixed, profitable returns. All of these are red flags you’re dealing with a scam.
Overall, Metronic Coin has no apparent business model in place. The company does not sell any products or services, nor do they plan to solve any real world problems. For all intents and purposes, the only purpose of Metronic Coin is to sell the coins to other people as an investment.
Who’s Behind Metronic MRC?
Metronic Coin is led by Aleksandr Doronin (President and CEO). Other listed members of the team include David Drake (Chief Operations Officer) and Jake Dreier (Chief Technology Officer). There’s no specific experience about any team member, and the website doesn’t link to any social media profiles.
You can reverse image search the photos on the Metronic Coin team section and find them across the internet under different names. Aleksandr Doronin, for example, is linked to another project called ODMCoin. That project appears to be legitimate: Metronic Coin apparently stole Doronin’s photo from that website for use on their Metronic Coin site.
Further proof that Metronic Coin is a scam is that the company’s COO, David Drake, is actually a programmer named Tomasz. You can view the same photo on his company website at Espeo.eu.
Metronic MRC ICO Conclusion
Metronic Coin is a blatant scam. The company has no products or services in place. The team section has been stolen from legitimate companies across the internet. They don’t plan to solve any problems, nor do they plan to implement any real business model. The website vaguely mentions a “metro and bullet train” digital currency for passengers, then talks about how investors are going to make enormous returns through a trading robot. It’s a mess.
You can check out the scam for yourself by visiting online today at Metronic.org.