Forsage
is an ethereum smart-contract Ponzi scheme put together by Lado Okhotnikov.
According to his Facebook profile, Okhotnikov is based out of Moscow, Russia.
Okhotnikov (right) describes himself as “the king of decentralized MLM”.
“Decentralized MLM” being code for crypto Ponzi schemes.
Launched in April 2020, by September or so Forsage had gone into decline.
This prompted Lado to launch
Fortron
, the same smart-contract Ponzi recycled with TRON.
After publishing our Forton review last September, I figured that was the end of Okhotnikov’s smart-contract recycling.
Recently however I was contacted by a reader informing me they’d been pitched on new Forsage spinoffs.
Today we’re looking at Okhotnikov’s third Forsage company; ForsageTron.
ForsageTron’s Products
ForsageTron has no retailable products or services, with affiliates only able to market ForsageTron affiliate membership itself.
ForsageTron’s Compensation Plan
ForsageTron affiliates invest 700 TRX into a two-tier matrix cycler.
Dubbed ForsageTron X3 and ForsageTron X4, two two matrix sizes used by ForsageTron are 3×1 and 2×2 respectively.
A 3×1 matrix has three positions to fill.
A 2×2 matrix has two positions on the first level. The second level is generated by splitting the first two positions in to another two positions each (6 positions in total):
When a ForsageTron affiliate signs up their 700 TRX buy-in is split 350 TRX evenly between the two cyclers.
There are twelve tiers of each cycler. According to ForsageTron’s website FAQ;
Each level is exactly 2 times more expensive than the previous and allows you to earn 2 times more.
This would mean the second cycler tier across both X3 and X4 costs 700 TRX to enter, then 1400 TRX and so on and so forth.
For reference I’ve detailed the first tier for both X3 and X4 below.
In line with the increased positions costs across the twelve tiers, cycler returns paid out also double each level.
ForsageTron X3
Payments in ForsageTronX3 are simple:
an affiliate keeps 350 TRX from the first two positions in the matrix
the third 350 TRX position is used to create a new ForsageTron X3 matrix cycler position
On the first ForsageTron X3 cycler tier, this equates to:
750 TRX kept
350 TRX used to buy a new first tier X3 cycler position
Although the buy-in and payouts increase, the other eleven ForsageTron X3 cycler tiers operate in the same manner.
Forsage X4
Owing to their being two levels, payments in Forsage X4 are a little more complicated.
The two positions on the first level of the matrix pay to the first upline, that is the affiliate who recruited you.
Then on the second line, the first three position payments are kept. The payment from the fourth position is used to pay a new ForsageTron X4 cycler position.
On the first Forsage X4 cycler tier, this equates to
700 TRX passed upline
1050 TRX kept
350 TRX used to buy a new first tier X4 cycler position
Although the buy-in and payouts increase, the other eleven
🤖 Quick Answer
What is ForsageTron?ForsageTron is a smart-contract based scheme launched on the TRON blockchain by Lado Okhotnikov. It represents the third iteration of Forsage-related platforms, following the original Ethereum-based Forsage and Fortron. The platform operates as a decentralized MLM structure utilizing blockchain technology.
Who is Lado Okhotnikov?
Lado Okhotnikov is a Russian entrepreneur based in Moscow who created multiple blockchain-based MLM platforms. He publicly describes himself as "the king of decentralized MLM" on his social media profiles, having launched successive cryptocurrency schemes including Forsage, Fortron, and ForsageTron.
When was ForsageTron launched?
ForsageTron was launched following the decline of earlier Forsage platforms. The original Forsage debuted in April 2
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