Forsage xGold Review Summary
Forsage xGold Review – just a Tron (TRX) based cash gifting pyramid scheme. It is a smart contract matrix cycler program. There is nothing special or innovative about Forsage xGold.
Forsage xGold Review
Are you looking for an Forsage xGold review? Is Forsage xGold a scam? Is Forsage xGold legit? You’ve probably seen all the typical crypto ponzi pimps promoting this scammy crypto matrix cycler and want to know more. Let’s review the details of Forsage.io xGold including the products, the company, and the compensation plan in this Forsage xGold review.
What is Forsage xGold?
Forsage xGold is just a Tron (TRX) based cash gifting pyramid scheme. It is a matrix cycler program. There is nothing special or innovative about Forsage. They simply use a smart contract on the Tron blockchain to automate the position cycling in the matrices, and to pay members wallets when you recruit or get spillover/under.
The CEO and face of Forsage is Lado Okhotnikov. There is not much information around about Lado. Forsage.io was originally launched in February 2020 as a smart contract matric cycler on the Ethereum blockchain.
Forsage xGold launched in mid-October 2020 and now uses smart contracts on the Tron blockchain, since it has lower transaction fees and faster transactions.
How Does Forsage xGOLD Work?
The starting cost of Forsage xGold is 200 TRX for the first slot, and then it keeps doubling in cost up to slot 10.
After slot 10, the values increase with the so-called Golden Ratio, also known as Fibonacci numbers : 1, 2, 3, 5, 8, 13, etc. Prices for slots 10-15 are 100,000 TRX, 200,000 TRX, 300,000 TRX, 500,000 TRX, 800,000 TRX, and 1,300,000 TRX.
The Golden Ratio is a perfect balance that can be observed in the laws of nature and the Universe. The use of the Golden Ratio leads to success in many fields, be it art, technology, science, or business.This “Golden Ratio” concept is just fancy marketing jargon hoopla blah blah blah
Forsage xGOLD Compensation Plan
In the Forsage xGOLD matrix, each slot has 30 spots arranged in 4 lines: two in the first line, four in the second line, eight in the third, and sixteen in the fourth. Recruits in a matrix may be invited by you, come by spillovers from above up to the third upline, or come by spillovers from the lower lines.
- Payments of two people in the first line pass up to your upline.
- Second line, you get 20% from each of the four places.
- Third line, you get 30% from each of the eight places.
- Fourth line, you get 50% from 16 places.
The total yield of one matrix circle is 1120%. Also, note that all this amount is used for an automatic repeat (recycle).
The last 2 payments on the fourth line , 50% + 50%, are used to recycle back in.
Also note, it is not easy to fill all theses matrices as most people are lazy and can not recruit. Most will try to rely on spillover/under which is not guaranteed and will lose money.
How Much Does Forsage xGOLD Cost To Join?
If you join the Forsage with TRON at the xGOLD pre-launch stage, will cost 200 TRX to buy in. This will get you a slot in both x3 matrix and x4 matrix.
When Forsage xGOLD is launched, those who joined Forsage on Tron at the pre-launch stage can join for another 200 TRX. Then the full launch start up cost for everyone else will be 400 TRX to buy in.
How much to buy all the slots in Forsage x3, x4, and xGold?
To buy all the slots in Forsage will cost you almost $290,000 USD worth of TRX at a rate of $0.035. The exact amount is $289,992.50 USD.
- Forsage x3 : The cost of all slots is 2,492,700 TRX ($87,244.50 usd)
- Forsage x4 : The cost of all slots is 2,492,700 TRX ($87,244.50 usd)
- Forsage xGOLD : The cost of all slots is 3,300,100 TRX ($115,503.00 usd)
- TOTAL : The cost of all slots is 8,285,500 TRX ($289,992.50 usd)
- Above is based on TRX rate of $0.035
Now, who is their sane mind, would invest hundreds of thousands of dollars into a lame Tron matrix cycler pyramid scheme???
Forsage xGold Scam Conclusion:
First of all, Forsage xGold is NOT crowdfunding.
Forsage is just a crypto matrix cycler pyramid scheme. It doesn’t matter, or make it legit, that it’s handled with a smart contract on a blockchain.
Forsage xGold is completely based on recruiting new members to buy slots/positions in matrices. Once a matrix is full, you will “cycle” and receive commissions.
These smart contract crypto based matrix cycler scams are a dime a dozen now.
Another note, is that cyclers are one of the worst MLM compensation plans out there because they eventually stall out and fail. Matrix cycler’s never last, once recruiting slows down, people stop getting paid.
Most people can not recruit anyways so they will lose their money. The admins, the people at the top get paid the most, and the people at the bottom get suckered into these scams and lose their money.
Forsage uses Tron (TRX) as the only method of peer to peer payments, so no recourse/refunds once you send your crypto away to join this pyramid scheme.
It’s absolutely ridiculous to spend thousands or even hundreds of thousands of dollars in cryptocurrency MLM matrix cycler.
It’s clear that Forsage is losing momentum and matrices are stalling out, this is why they launched Forsage xGold matrix so they can make even more money since all the Forsage hype is fading out fast.
I do not recommend Forsage xGold to anyone.
Hope you enjoyed this Forsage xGold review!