A cryptocurrency scammer with a track record of launching and abandoning failed Ponzi schemes is now running Power On Network, a new investment scheme pushing digital coins called XeCoins.

Nigel Allan built his reputation destroying investor wallets. He co-founded Brilliant Carbon in 2013, a pyramid scheme that collapsed under its own weight. By 2014, he was co-founder and President of OneCoin, a Ponzi points operation that imploded shortly after launch. Allan quickly pivoted to Crypto888 Club, positioning himself as Master Distributor of another identical points scam. When Crypto888 Club collapsed in early 2016, Allan simply rebranded it as Octa Partners. That lasted months before collapsing again, only to be resurrected as Nano Club.

Now Allan hosts corporate webinars for Power On Network, claiming he's "involved" in the company. He refuses to specify his actual role. The company's website lists no ownership information and only vaguely claims to be based in Singapore under a shell company called Global Power Pte. The domain registration is hidden behind a privacy wall.

Power On Network operates the simplest possible MLM structure: there are no actual products to sell. Affiliates are paid strictly for recruiting other affiliates and for buying into the company's proprietary digital currency, XeCoins. The coins have zero value outside Power On Network's closed ecosystem. They cannot be publicly traded. They can only be exchanged for cash through Power On Network's own internal exchange, which naturally controls all pricing.

The investment tiers range from €199 for 1,000 coins up to €100,099 for an undisclosed amount. Affiliates can't even sell their coins for 30 days after purchase. If they hold onto them, Power On Network offers a 5% to 12% bonus on their balance—a hollow promise when the coins themselves are worthless outside the system.

This is the textbook Ponzi formula. Early recruits and those at the top of the pyramid make money by recruiting others. Everyone else loses. Allan has executed this exact play three times already. Each time the scheme collapsed, he simply moved to the next one.

The pattern is unmistakable. A shell company with hidden ownership. A charismatic face promoting vague promises of wealth. Digital assets that exist only on company servers. Recruiting quotas disguised as investment opportunities. Withdrawals locked behind waiting periods and internal exchanges. It's all designed to trap money inside the system.

For anyone considering Power On Network: this is not an investment opportunity. It's not a cryptocurrency platform. It's a vehicle for moving money from people at the bottom to people at the top. Allan's presence at the helm should be the only warning label you need. He's left a graveyard of collapsed schemes behind him. Power On Network is simply the next name on the tombstone.

🤖 Quick Answer

Who is Nigel Allan and what is his history in cryptocurrency schemes?
Nigel Allan is a cryptocurrency operator with a documented history of founding and abandoning failed investment schemes. He co-founded Brilliant Carbon (2013), OneCoin (2014), Crypto888 Club (2015), Octa Partners (2016), and Nano Club. Each venture collapsed after launch, resulting in significant investor losses before rebranding under new names.

What is Power On Network and XeCoin?
Power On Network is an investment scheme launched by Nigel Allan promoting digital coins called XeCoins. The platform operates through corporate webinars and follows the operational model of previous ventures associated with Allan, combining cryptocurrency investment with network-based distribution systems.

What pattern characterizes Nigel Allan's business ventures?
Allan's ventures follow a consistent pattern: launching investment schemes with cryptocurrency or points-based systems, positioning

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